For analyzing the impact of climate change and of international climate policies on the international division of labor and on regional welfare the use of a disaggregated multi–sectoral, multi–regional dynamic computable general equilibrium model is appropriate. This paper discusses the...

The policy instruments for emissions reductions will be an integral part of a Post Kyoto Climate Regime. In this paper we compare a harmonized international carbon tax to a cap and trade system with different allocation rules for the emission caps. The caps are based either on the requirement...

The contribution of biofuels to save greenhouse gas emissions has been challenged over the last years. A still unresolved question is how to quantify emissions from indirect land use change (iLUC). In this article we discuss the implications of uncertainties on the current policy proposals in...