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Green fiscal reform for a just energy transition in Latin America
Jakob, Michael; Soria, Rafael; Trinidad Alvarado, Carlos; … - 2018
Green fiscal reforms would contribute to climate change mitigation, increase the economic efficiency of national tax …
Persistent link: https://www.econbiz.de/10011963186
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Steering the climate system : an extended comment
Mattauch, Linus; Millar, Richard; Ploeg, Frederick van der - 2018
Lemoine and Rudik (2017) argue that it is efficient to delay reducing carbon emissions, because there is substantial inertia in the climate system. However, this conclusion rests upon misunderstanding the relevant climate physics: there is no substantial lag between CO2 emissions and warming,...
Persistent link: https://www.econbiz.de/10011951673
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The role of carbon capture and sequestration policies for climate change mitigation
Kalkuhl, Matthias; Edenhofer, Ottmar; Lessmann, Kai - 2012
This paper takes the "policy failure" in establishing a global carbon price for efficient emissions reduction as a starting point and analyzes to what extent technology policies can be a reasonable second-best approach. From a supply-side perspective, carbon capture and storage (CCS) policies...
Persistent link: https://www.econbiz.de/10009540761
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Renewable energy subsidies : second-best policy or fatal aberration for mitigation?
Kalkuhl, Matthias; Edenhofer, Ottmar; Lessmann, Kai - 2011
permanently missing, mitigation costs increase by a multiple (compared to the optimal carbon pricing policy) for a wide range of …
Persistent link: https://www.econbiz.de/10009231826
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Learning or lock-in : optimal technology policies to support mitigation
Kalkuhl, Matthias; Edenhofer, Ottmar; Lessmann, Kai - 2011
welfare losses than market failure alone, notably under ambitious mitigation targets. More than other innovative industries …
Persistent link: https://www.econbiz.de/10009012774
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The European Emissions Trading System (EU ETS) : ex-post analysis, the market stability reserve and options for a comprehensive reform
Knopf, Brigitte; Koch, Nikolas; Grosjean, Godefroy; … - 2014
The central pillar of European climate policy, the European Emissions Trading System (EU ETS), is currently under scrutiny, as the allowance price is persistently low at around 5€/tCO2. The cap was met and emissions actually declined in recent years, ensuring the environmental effectiveness of...
Persistent link: https://www.econbiz.de/10010413627
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On the Governance of Carbon Dioxide Removal – a Public Economics Perspective
Edenhofer, Ottmar; Franks, Max; Kalkuhl, Matthias; … - 2023
This paper highlights the importance of carbon dioxide removal (CDR) technologies for climate policy. We first describe their role in iconic transformation pathways and discuss removal costs and storage duration of different technologies. Based on economic principles, we characterize optimal...
Persistent link: https://www.econbiz.de/10014357811
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Prices vs. quantities and the intertemporal dynamics of the climate rent
Kalkuhl, Matthias; Edenhofer, Ottmar - 2010
This paper provides a formal survey of price and quantity instruments for mitigating global warming. We explicitly consider policies' impact on the incentives of resource owners who maximize their profits intertemporally. We focus on the informational and commitment requirements of the...
Persistent link: https://www.econbiz.de/10003967535
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Steering the Climate System : An Extended Comment
Mattauch, Linus - 2019
Lemoine and Rudik (2017) argue that it is efficient to delay reducing carbon emissions, because there is substantial inertia in the climate system. However, this conclusion rests upon misunderstanding the relevant climate physics: there is no substantial lag between CO2 emissions and warming,...
Persistent link: https://www.econbiz.de/10012892116
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Self-Enforcing Intergenerational Social Contract as a Source of Pareto Improvement and Pollution Mitigation
Dao, Thang Nguyen - 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/10012989035