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Politics and Economics of Second-Best Regulation of Greenhouse Gases: The Importance of Regulatory Credibility
Bosetti, Valentina; Victor, David G. - Fondazione ENI Enrico Mattei (FEEM) - 2010
Modellers have examined a wide array of ideal-world scenarios for regulation of greenhouse gases. In this ideal world, all countries limit emissions from all economic sectors; regulations are implemented by intelligent, well-informed forward-looking agents; all abatement options, such as new...
Persistent link: https://www.econbiz.de/10008540412
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The Kyoto Protocol and the Effect of Existing and Planned Measures in the Agricultural and Forestry Sector in the EU25
Giupponi, Carlo; Bosello, Francesco; Buchner, Barbara; … - Fondazione ENI Enrico Mattei (FEEM) - 2007
Agricultural and forestry activities cover the majority of the EU territory: in particular agriculture is the main lad use type, accounting for more than 41% of the land use in the EU15, while in the new Member States this share ranges between 30 and 60 %, whereas forestry is the second. The...
Persistent link: https://www.econbiz.de/10005385472
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A Review of Recent Studies on Cost Effectiveness of GHG Mitigation Measures in the European Agro-Forestry Sector
Giupponi, Carlo; Bosello, Francesco; Povellato, Andrea - Fondazione ENI Enrico Mattei (FEEM) - 2007
Over the last twenty years, climate change has become an increasing concern for scientists, public opinions and policy makers. Due to the pervasive nature of its impacts for many important aspects of human life, climate change is likely to influence and be influenced by the most diverse policy...
Persistent link: https://www.econbiz.de/10004990056
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Auctioning vs. Grandfathering in Cap-and-Trade Systems with Market Power and Incomplete Information
Alvarez, Francisco; André, Francisco J. - Fondazione ENI Enrico Mattei (FEEM) - 2013
-unit, multi-bid uniform auction, modelled as a Bayesian game of incomplete information. At the auction each firm anticipates his … as their bidding strategies and it precludes the auction from generating a cost-effective allocation of permits, as it … would occur in simpler auction models. Auctioning tends to be more cost-effective than grandfathering when the firms’ costs …
Persistent link: https://www.econbiz.de/10010833916
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The Promise and Problems of Pricing Carbon: Theory and Experience
Aldy, Joseph E.; Stavins, Robert N. - Fondazione ENI Enrico Mattei (FEEM) - 2011
Because of the global commons nature of climate change, international cooperation among nations will likely be necessary for meaningful action at the global level. At the same time, it will inevitably be up to the actions of sovereign nations to put in place policies that bring about meaningful...
Persistent link: https://www.econbiz.de/10009421233
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Using the Market to Address Climate Change: Insights from Theory and Experience
Aldy, Joseph E.; Stavins, Robert N. - Fondazione ENI Enrico Mattei (FEEM) - 2011
Emissions of greenhouse gases linked with global climate change are affected by diverse aspects of economic activity, including individual consumption, business investment, and government spending. An effective climate policy will have to modify the decision calculus for these activities in the...
Persistent link: https://www.econbiz.de/10009421241
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Impacts of Border Carbon Adjustments on China’s Sectoral Emissions: Simulations with a Dynamic Computable General Equilibrium Model
Bao, Qin; Tang, Ling; Zhang, ZhongXiang; Qiao, Han; … - Fondazione ENI Enrico Mattei (FEEM) - 2011
Carbon-based border tax adjustments (BTAs) have recently been proposed by some OECD countries to level the carbon playing field and target major emerging economies. This paper applies a multi-sector dynamic computable general equilibrium (CGE) model to estimate the impacts of the BTAs...
Persistent link: https://www.econbiz.de/10009421242
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Trade in Environmental Goods, with Focus on Climate-Friendly Goods and Technologies
Zhang, ZhongXiang - Fondazione ENI Enrico Mattei (FEEM) - 2011
Paragraph 31(iii) of the Doha Ministerial Declaration mandates to the liberalization of environmental goods and services. This mandate offers a good opportunity to put climate-friendly goods and services on a fast track to liberalization. Agreement on this paragraph should represent one...
Persistent link: https://www.econbiz.de/10009421245
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Emissions Pricing to Stabilize Global Climate
Bosetti, Valentina; Paltsev, Sergey; Reilly, John; … - Fondazione ENI Enrico Mattei (FEEM) - 2011
In the absence of significant greenhouse gas (GHG) mitigation, many analysts project that atmospheric concentrations of species identified for control in the Kyoto protocol could exceed 1000 ppm (carbon-dioxide-equivalent) by 2100 from the current levels of about 435 ppm. This could lead to...
Persistent link: https://www.econbiz.de/10009421251
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Residential Consumption of Gas and Electricity in the U.S.: The Role of Prices and Income
Alberini, Anna; Gans, Will; Velez-Lopez, Daniel - Fondazione ENI Enrico Mattei (FEEM) - 2011
We study residential demand for electricity and gas, working with nationwide household-level data that cover recent years, namely 1997-2007. Our dataset is a mixed panel/multi-year cross-sections of dwellings/households in the 50 largest metropolitan areas in the United States as of 2008. To our...
Persistent link: https://www.econbiz.de/10009002684