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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...
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The dominant assumption in economic models of climate policy remains that adaptation will be implemented in an optimal manner. There are, however, several reasons why optimal levels of adaptation may not be attainable. This paper investigates the effects of suboptimal levels of adaptation, i.e....
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This paper examines the economic and environmental impacts of the adoption path of electric vehicles (EVs) and home retrofitting in the form of heat pumps (HPs) projected in the recent Climate Action Plan (CAP21) for Ireland. This analysis assumes the level of carbon tax follows the path...
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The aviation sector has a significant role to play in the reduction of carbon emissions, particularly in light of EU emissions targets. Within the EU, aviation emissions constitute 13.9 per cent of total transport emissions, where under the Green Deal a target of 90 per cent reduction in...
Persistent link: https://www.econbiz.de/10012799238
We present a modification of the most commonly used integrated assessment model (IAM) of climate change (DICE-2016), AD-DICE2016, which is designed to address three key aspects of climateeconomy models: treatment of uncertainty, the use of more appropriate utility functions, and including...
Persistent link: https://www.econbiz.de/10012510301
New research from the ESRI analyses how the COVID-19 crisis will impact upon the Irish economy and environment. It finds that Irish GDP is expected to decrease by around 13 per cent in 2020 as a result of the economic disruptions caused by the COVID-19 crisis. From an environmental perspective,...
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