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Persistent link: https://www.econbiz.de/10014634476
Climate experts delegated by countries to COP 24 and COP 25 show much agreement on international energy policy measures in the context of climate protection. Experts on average also agree with the proposal of compensating countries with large oil and gas reserves for not extracting them. But...
Persistent link: https://www.econbiz.de/10014081625
When politicians negotiate in international climate conventions they may suffer from incomplete information about each other's preferences about reaching an agreement. As is known, this may cause failure to reach an efficient cooperative agreement. We study the role of the clean development...
Persistent link: https://www.econbiz.de/10013044667
In diesem Arbeitspapier wird die Rolle des öffentlichen Sektors bei der Anpassung an den Klimawandel behandelt. Zuerst … werden die Möglichkeiten zur Anpassung an den Klimawandel definiert und kategorisiert. Dann werden die volkswirtschaftlichen … Hauptbereiche, in denen der öffentliche Sektor eine Rolle bei der Anpassung an den Klimawandel spielen kann, Folgende sind …
Persistent link: https://www.econbiz.de/10010205481
This paper assesses the role of the public sector in adaptation to climate change. We first offer a definition and categorization of climate change adaptation. We then consider the primary economic principles that can guide the assignment of adaptation tasks to either the private or the public...
Persistent link: https://www.econbiz.de/10013099647
The future consequences of climate change are highly uncertain. Today, the exact size of possible future damages are widely unknown. Governments try to cope with these risks by investing in mitigation and adaptation measures. Mitigation aims at a reduction of greenhouse gas emissions whereas...
Persistent link: https://www.econbiz.de/10009009695
This paper assesses the role of the public sector in adaptation to climate change. We first offer a definition and categorisation of climate change adaptation. We then consider the primary economic principles that can guide the assignment of adaptation tasks to either the private or the public...
Persistent link: https://www.econbiz.de/10009630628
The future consequences of climate change are highly uncertain. Today, the exact size of possible future damages are widely unknown. Governments try to cope with these risks by investing in mitigation and adaptation measures. Mitigation aims at a reduction of greenhouse gas emissions whereas...
Persistent link: https://www.econbiz.de/10013093904
We analyze bargaining over international climate agreements in a setting with incomplete information about abatement costs. Unilateral commitment to high abatement reduces the gains from global cooperation. This reduces the probability of reaching efficient international environmental...
Persistent link: https://www.econbiz.de/10009407577
A central issue that is discussed in climate policy is the fear of owners of stocks of fossil hydrocarbon deposits that high CO2 taxes and bans on the combustion use of hydrocarbons will turn their stocks into stranded assets. They might react by extracting and selling their reserves today: a...
Persistent link: https://www.econbiz.de/10012550036