Showing 1 - 10 of 701
Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from … lower electricity prices Even with multiple market failures, emissions pricing remains the single most cost-effective option …
Persistent link: https://www.econbiz.de/10010380638
environmental regulation on innovation and on productivity generally in separate analyses and mostly focusing on the USA. The few … performance indicators such as exports. We instead look at overall innovation and productivity impact that are the most relevant … with most of the literature. On the other front, we find no evidence in favor or against the "strong" PH, as productivity …
Persistent link: https://www.econbiz.de/10010413622
This paper evaluates the effects of the lack of regulatory commitment on emission tax applied by the regulator, abatement effort made by the monopoly and social welfare comparing two alternative policy games. The first game assumes that the regulator commits to an ex-ante level of the emission...
Persistent link: https://www.econbiz.de/10011547525
China's unilateral pledge to cut its carbon intensity by 40-45 percent by 2020 relative to its 2005 levels raises both the stringency issue, and given that China's pledge is in the form of carbon intensity, reliability issues concerning China's statistics on energy and GDP. Moreover, as long as...
Persistent link: https://www.econbiz.de/10009231809
This paper evaluates the consequences of renewable energy policies on welfare, resource rents and energy costs in a world where carbon pricing is imperfect and the regulator seeks to limit emissions to a (cumulative) target. We use a global general equilibrium model with an intertemporal fossil...
Persistent link: https://www.econbiz.de/10009231826
The introduction of the U.S. SO2 allowance-trading program to address the threat of acid rain as part of the Clean Air Act Amendments of 1990 is a landmark event in the history of environmental regulation. The program was a great success by almost all measures. This paper, which draws upon a...
Persistent link: https://www.econbiz.de/10009506424
China's rampant environmental pollution problems and rising greenhouse gas emissions and the resulting climate change are undermining its long-term economic growth. China, from its own perspective cannot afford to and, from an international perspective, is not meant to continue on the...
Persistent link: https://www.econbiz.de/10010203427
With large shares in global trade and carbon emissions, China's international trade is supposed to be significantly affected by the proposed carbon-based border tax adjustments (BTAs). This paper examines the impacts of BTAs imposed by the USA and EU on China's international trade, based on a...
Persistent link: https://www.econbiz.de/10009714388
China has gradually recognized that the conventional path of encouraging economic growth at the expense of the environment cannot be sustained. It has to be changed. This article focuses on China's efforts towards energy conservation and environmental quality. The article discusses a variety of...
Persistent link: https://www.econbiz.de/10010373791
Many environmental-policy problems are characterized by complexity and uncertainty. Government's choice concerning these policies commonly relies on information provided by a bureaucracy. Environmental bureaucrats often have a political motivation of their own, so they might be tempted to...
Persistent link: https://www.econbiz.de/10010380647