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The effects of extreme weather events, such as heat waves and droughts are taken into account in both global and … extreme weather events, in particular, droughts and high temperatures, for the German power sector. Furthermore, we consider … droughts. We stress that increasing frequencies of such extreme weather events will aggravate the observed problem, especially …
Persistent link: https://www.econbiz.de/10012419713
Die wirtschaftspolitischen Implikationen der Klimaanpassung sind entscheidend für die Ausgestaltung einer eigenständigen Klimaanpassungspolitik und geben gleichzeitig wichtige Anreize zu politischem Handeln. Dieses Papier diskutiert daher eine mögliche wirtschaftspolitische Ausrichtung der...
Persistent link: https://www.econbiz.de/10010377179
Klimaanpassungspolitik wird in Deutschland auf verschiedenen politischen Ebenen betrieben. Dieses Papier untersucht auf Grundlage der ökonomischen Theorie der Anpassungspolitik Defizite dieser Politikansätze. Diese liegen in erster Linie in den folgenden Bereichen: unklare Abgrenzung von...
Persistent link: https://www.econbiz.de/10010435182
Global warming caused by accumulation of emissions of greenhouse gases (GHGs) is a public bad, addressing which requires collective action by all the countries of the world. Under the United Nations Convention on Climate Change (UNFCCC), most countries have negotiated the Kyoto Protocol for GHG...
Persistent link: https://www.econbiz.de/10011807664
The paper develops an explicit formula for the calculation of optimal carbon taxes in a dynamic integrated assessment framework. We attempt to generalize the Gosolov et al. (2014) theory by relaxing the restrictions with logarithmic preferences, Cobb-Douglas production and the full periodwise...
Persistent link: https://www.econbiz.de/10012013508
We develop an ecological open-economy SFC model that enables testing cross-area interactions among productive sectors, financial markets and the ecosystem. We show that the unequal technical progress across areas, coupled with rising ecological awareness, can force governments of less...
Persistent link: https://www.econbiz.de/10012059910
Technology transfer is one of the most contentious issues in international negotiations on climate change. Despite its recognition at international platforms such as the United Nations Framework Convention on Climate Change, G20, etc., the independent review of Climate Technology Centre and...
Persistent link: https://www.econbiz.de/10012099553
In 2015, an estimated 429,000 deaths and 212 million cases of malaria occurred worldwide, while 70% of the deaths occurred in children under five years old. Changes in climatic exposure such as temperature and precipitation makes malaria one of the most climate sensitive outcomes. Using a global...
Persistent link: https://www.econbiz.de/10011816747
Carbon dioxide removal (CDR) is a potentially important climate strategy for attaining low climate stabilization objectives. However, climate analysis has indicated a possible weakening of the ocean carbon sinks -the largest in the world- in relation to CDR deployment. Here, we provide an...
Persistent link: https://www.econbiz.de/10011816760
We propose and implement a procedure to optimally hedge climate change risk. First, we construct climate risk indices through textual analysis of newspapers. Second, we present a new approach to compute factor mimicking portfolios to build climate risk hedge portfolios. The new mimicking...
Persistent link: https://www.econbiz.de/10014536336