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stable climate coalition is large in the Paris Agreement and small in the Kyoto Protocol, the emissions reductions of a … single coalition country are much more pronounced in the Kyoto Protocol, so that this per-country-emissions-reduction effect …
Persistent link: https://www.econbiz.de/10013341779
stable climate coalition is large in the Paris Agreement and small in the Kyoto Protocol, the emissions reductions of a … single coalition country are much more pronounced in the Kyoto Protocol, so that this per-country-emissions-reduction effect …
Persistent link: https://www.econbiz.de/10012623196
This paper analyzes the formation of self-enforcing climate agreements, or stable climate coalitions, when all countries have the option to fight climate change by purchasing (the right to extract) fossil-energy deposits. First, we consider the stand-alone deposit purchase policy and then...
Persistent link: https://www.econbiz.de/10011415311
In the world economy with interdependent markets for fossil fuel and deposits, some coalition of countries fights climate change by purchasing and preserving fossil fuel deposits, which would be exploited otherwise. If the coalition’s policy parameters are the demand and supply of deposits...
Persistent link: https://www.econbiz.de/10011415312
concentration. The government of the other country implements public policies against global warming, either by capping domestic …
Persistent link: https://www.econbiz.de/10011821305
In Harstad's (2012) model, climate damage only hits one group of countries, called the coalition, and the coalition's climate policy consists of capping own fuel de- mand and supply combined with the purchase of fossil fuel deposits for preserva- tion. Harstad's Theorem 1 states that if the...
Persistent link: https://www.econbiz.de/10011527785
Policies of lowering carbon demand may aggravate rather than alleviate climate change (green paradox). In a two …-period three-country general equilibrium model with finite endowment of fossil fuel one country enforces an emissions cap in the …
Persistent link: https://www.econbiz.de/10010264554
Policies of lowering carbon demand may aggravate rather than alleviate climate change (green paradox). In a two …-period three-country general equilibrium model with finite endowment of fossil fuel one country enforces an emissions cap in the …
Persistent link: https://www.econbiz.de/10010271487
Internalizing the global negative externality of carbon emissions requires flattening the extraction path of world … fossil energy resources (= world carbon emissions). We consider governments having sign-unconstrained emission taxes at their … disposal and seeking to prevent world emissions from exceeding some binding aggregate emission ceiling in the medium term. Such …
Persistent link: https://www.econbiz.de/10010277378
Internalizing the global negative externality of carbon emissions requires flattening the extraction path of world … fossil energy resources (= world carbon emissions). We consider governments having sign-unconstrained emission taxes at their … disposal and seeking to prevent world emissions from exceeding some binding aggregate emission ceiling in the medium term. Such …
Persistent link: https://www.econbiz.de/10010281780