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This paper investigates the economic incentives of countries to cooperate on international adaptation financing. Adaptation is generally implicitly incorporated in the climate change damage functions as used in Integrated Assessment Models. We replace the implicit decision on adaptation with...
Persistent link: https://www.econbiz.de/10008729157
After twenty years of global negotiations, the world is still far from a comprehensive climate agreement. The "top …
Persistent link: https://www.econbiz.de/10010373734
Three gaps in the Kyoto Protocol most badly need to be filled: the absence of emission targets extending far into the future, the absence of participation by the United States, China, and other developing countries, and the absence of reason to think that members will abide by commitments. To be...
Persistent link: https://www.econbiz.de/10008824519
Modellers have examined a wide array of ideal-world scenarios for regulation of greenhouse gases. In this ideal world …”—which has a strikingly small impact on total world cost of carbon regulations if international trade in emission credits allows … another factor that analysts have largely ignored: credibility. In the real world governments find it difficult to craft and …
Persistent link: https://www.econbiz.de/10008702084
The mismatch between actions to combat climate change, which are based on voluntary national initiatives of limited effort, and the recognition of the importance of global warming is growing. Climate engineering via solar radiation management has been proposed as a possible complement to...
Persistent link: https://www.econbiz.de/10011771508
Persistent link: https://www.econbiz.de/10002017179
Persistent link: https://www.econbiz.de/10014233062
of 2020 that does not accommodate well the world's two largest greenhouse gas emitters, the paper suggests a new …
Persistent link: https://www.econbiz.de/10009231809
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/10009379759
This paper examines how changes in an international climate regime would affect the European decarbonization strategy and costs through the mechanisms of trade, technology, and innovation. We present the results from the Energy Modeling Forum (EMF) model comparison study on European climate...
Persistent link: https://www.econbiz.de/10010257750