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The macroeconomic cost of climate volatility
Alessandri, Piergiorgio; Mumtaz, Haroon - 2021
We study the impact of climate volatility on economic growth exploiting data on 133 countries between 1960 and 2005. We … show that the conditional (ex ante) volatility of annual temperatures increased steadily over time, rendering climate … temperatures, a +1oC increase in temperature volatility causes on average a 0.9 per cent decline in GDP growth and a 1.3 per cent …
Persistent link: https://www.econbiz.de/10012608712
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Pathways to deep decarbonization in Italy
Alloisio, Isabella; Antimiani, Alessandro; Borghesi, Simone - 2015
The Deep Decarbonization Pathways Project (DDPP), an initiative of the Sustainable Development Solutions Network (SDSN) and the Institute for Sustainable Development and International Relations (IDDRI), aims to demonstrate how countries can transform their energy systems by 2050 in order to...
Persistent link: https://www.econbiz.de/10011342985
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Leadership and international climate cooperation
Schwerhoff, Gregor - 2013
Which kind of reaction can a nation or group of nations expect when leading by example in climate policy? This literature survey describes possible positive reaction mechanisms from different fields of economics, some of which have scarcely been linked to climate economics previously. One effect...
Persistent link: https://www.econbiz.de/10010226086
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European-led climate policy versus global mitigation action : implications on trade, technology, and energy
De Cian, Enrica; Keppo, Ilkka; Bollen, Johannes; … - 2014
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
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The politics of market linkage : linking domestic climate policies with international political economy
Green, Jessica F.; Sterner, Thomas; Wagner, Gernot - 2014
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
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Beyond 2020 : strategies and costs for transforming the European energy system
Knopf, Brigitte; Chen, Yen-heng Henry; De Cian, Enrica; … - 2014
The Energy Modeling Forum 28 (EMF28) study systematically explores the energy system transition required to meet the European goal of reducing greenhouse gas (GHG) emissions by 80% by 2050. The 80% scenario is compared to a reference case that aims to achieve a 40% GHG reduction target. The...
Persistent link: https://www.econbiz.de/10010251638
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Inequality and the social cost of carbon
Anthoff, David; Emmerling, Johannes - 2016
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10011547505
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Advances and slowdowns in carbon capture and storage technology development
D'Aprile, Aurora - 2016
With the long term goal of holding the increase in the global average temperature to well below 2°C and "to pursue efforts to limit the temperature increase to 1.5°C", the Paris Agreement puts renewed attention on the portfolio of technologies needed to achieve consistent emission reductions...
Persistent link: https://www.econbiz.de/10011457745
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Economic implications of EU mitigation policies : domestic and international effects
Bosello, Francesco; Davide, Marinella; Alloisio, Isabella - 2016
The EU has a consolidated climate and energy regulation: it played a pioneering role by adopting a wide range of climate change policies and establishing the first regional Emission Trading Scheme (EU ETS). These policies, however, raise several concerns regarding both their environmental...
Persistent link: https://www.econbiz.de/10011457751
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A more sustainable energy strategy for India
Ahluwalia, Montek S.; Gupta, Himanshu; Stern, Nicholas H. - 2016
The COP-21 meeting in Paris produced an important result. For the first time all countries developed and developing agreed to take some mitigation action. However even if all countries deliver on what they have promised by 2030 and progress thereafter continues only at the same rate global...
Persistent link: https://www.econbiz.de/10011508009