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The Polluter Pays Principle and Cost-Benefit Analysis of Climate Change: An Application of Fund
Tol, Richard S.J. - 2006
); (3) NC CBA with international permit trade; (4) NC CBA with joint and several liability for climate change damages; and … (5) NC CBA with liability proportional to a country's share in cumulative emissions. As estimates of the marginal damage … the positive, dynamic externalities of abatement. Proportional liability shifts abatement effort towards the richer …
Persistent link: https://www.econbiz.de/10010312407
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Bioenergy and CO2 sequestration: Climate policies beyond technological constraints
Bibas, Ruben; Méjean, Aurélie - 2012
This paper examines the role of electricity production from biomass with and without carbon capture and storage in sustaining low CO2 emission pathways to 2100. It quantifies the effect of the availability of biomass resources and technologies within a general equilibrium framework. Biomass-fed...
Persistent link: https://www.econbiz.de/10010294347
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The judgement proof opportunity
Van'tVeld, Klaas; Rausser, Gordon Clyde; Simon, Leo K. - 1997
When liability for environmental spills, product failures, or other types of accidents is imposed on firms with … financial decisions in the face of liability, as well as the competitive pressures it faces in capital and output markets. By … fully offset by market power. Finally, by analysing how hazardous industries as a whole restructure in response to liability …
Persistent link: https://www.econbiz.de/10011608355
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A different perspective for global climate policy: Combining burden sharing and climate protection
Onigkeit, Janina; Alcamo, Joseph - 1999
A method is presented for computing long-term greenhouse gas emission pathways for both industrial ("Annex B") countries and developing ("non-Annex B") countries. This method combines two main factors: (i) climate protection goals, in the form of targets for stabilising CO2 in the atmosphere,...
Persistent link: https://www.econbiz.de/10011608540
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Will joint implementation survive international emissions trading? Distinguishing the Kyoto mechanisms
Janssen, Josef - 2000
The Kyoto Protocol stipulates that industrialised countries and countries with economies in transition, i.e. the group of Annex I countries, shall reduce their overall emissions of carbon dioxide and other five greenhouse gases by at least 5 % as compared to their 1990 emission levels. This...
Persistent link: https://www.econbiz.de/10011608624
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Environmental Externalities of Geological Carbon Sequestration Effects on Energy Scenarios
van der Zwaan, Bob; Smekens, Koen - 2004
Geological carbon sequestration seems one of the promising options to address, in the near term, the global problem of climate change, since carbon sequestration technologies are in principle available today and their costs are expected to be affordable. Whereas extensive technological and...
Persistent link: https://www.econbiz.de/10011324932
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Climate Uncertainty and the Necessity to Transform Global Energy Supply
van der Zwaan, Bob; Gerlagh, Reyer - 2004
This paper analyses the policy relevance of the dominant uncertainties in our current scientific understanding of the terrestrial climate system, and provides further evidence for the need to radically transform - this century - our global infrastructure of energy supply, given the global...
Persistent link: https://www.econbiz.de/10011324973
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Pathways to European greenhouse gas emissions trading history and misconceptions
Zapfel, Peter; Vainio, Matti - 2002
We develop and discuss the three pathways to European Greenhouse Gas Emissions Trading: a top-down scheme based on the Kyoto Protocol of the UNFCCC, a bottom-up scheme linking national trading systems of EU Member States, and an EU-wide regional scheme based on the founding principles of the...
Persistent link: https://www.econbiz.de/10011335756
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Optimal climate policy under the possibility of a catastrophe
Gjerde, Jon; Grepperud, Sverre; Kverndokk, Snorre - 1998
This paper concerns optimal emissions of greenhouse gases when catastrophic consequences are possible. A numerical model is presented which takes into account both continuous climate-feedback damages as well as the possibility of a catastrophic outcome. The uncertainty in the model concerns...
Persistent link: https://www.econbiz.de/10011608379
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Environmental coalitions with heterogeneous countries: Burden-sharing and carbon leakage
Botteon, Michele; Carraro, Carlo - 1998
In this paper a simple model is used to analyse the strategic behaviour of countries that bargain over CO2 emission reductions. Five main world regions are considered and their incentives to sign an international agreement on climate change control are analysed. A non-cooperative approach to...
Persistent link: https://www.econbiz.de/10011608392