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Knowing the damages is not enough : the general equilibrium impacts of climate change
Kalkuhl, Matthias; Edenhofer, Ottmar - 2016
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate …
Persistent link: https://www.econbiz.de/10011454039
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Knowing the Damages is not Enough: The General Equilibrium Impacts of Climate Change
Kalkuhl, Matthias; Edenhofer, Ottmar - 2016
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate …
Persistent link: https://www.econbiz.de/10011480445
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Knowing the Damages is Not Enough : The General Equilibrium Impacts of Climate Change
Kalkuhl, Matthias - 2016
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate …
Persistent link: https://www.econbiz.de/10012992447
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Economic damages from on-going climate change imply deeper near-term emission cuts
Schultes, Anselm; Piontek, Franziska; Soergel, Bjoern; … - 2020
Current analyses of pathways limiting global warming to well below 2°C, as called for in the Paris Agreement, do not consider the climate impacts already occurring below 2°C. Here we show that accounting for these damages significantly increases the near-term ambition of transformation...
Persistent link: https://www.econbiz.de/10015222733
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Direct and indirect climate change impacts in the land-use sector
Stevanović, Miodrag - 2017
Persistent link: https://www.econbiz.de/10012194340
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Self-Enforcing Intergenerational Social Contract as a Source of Pareto Improvement and Pollution Mitigation
Dao, Thang; Burghaus, Kerstin; Edenhofer, Ottmar - 2016
mitigation. We consider, in a general equilibrium overlapping generations (OLG) model with environmental externalities, a … income in pollution mitigation in exchange for a transfer to their old-age capital income paid by the next generation. We … minimum level of income and we characterize the set of Pareto-improving mitigation-transfer combinations. Nash bargaining …
Persistent link: https://www.econbiz.de/10011480479
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On the economics of renewable energy sources
Edenhofer, Ottmar; Hirth, Lion; Knopf, Brigitte; Pahle, … - In: Energy Economics 40 (2013) S1, pp. 12-12
With the global expansion of renewable energy (RE) technologies, the provision of optimal RE policy packages becomes an important task. We review pivotal aspects regarding the economics of renewables that are relevant to the design of an optimal RE policy, many of which are to date unresolved....
Persistent link: https://www.econbiz.de/10011039522
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Self-enforcing intergenerational social contract as a source of Pareto improvement and pollution mitigation
Dao, Thang; Burghaus, Kerstin; Edenhofer, Ottmar - 2016
mitigation. We consider, in a general equilibrium overlapping generations (OLG) model with environmental externalities, a … income in pollution mitigation in exchange for a transfer to their old-age capital income paid by the next generation. We … minimum level of income and we characterize the set of Pareto-improving mitigation-transfer combinations. Nash bargaining …
Persistent link: https://www.econbiz.de/10011474731
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The social cost of carbon and inequality : when local redistribution shapes global carbon prices
Kornek, Ulrike; Klenert, David; Edenhofer, Ottmar; … - 2019
The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...
Persistent link: https://www.econbiz.de/10012002880
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The social cost of carbon and inequality: when local redistribution shapes global carbon prices
Kornek, Ulrike; Klenert, David; Edenhofer, Ottmar; … - 2019
The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...
Persistent link: https://www.econbiz.de/10012018319