Showing 1 - 7 of 7
New infrastructure projects may affect CO2 emissions and, thus, cost benefit analyses for these projects require a value to apply for CO2. This may be based on the marginal social cost of emissions or on the carbon price resulting from present and future policies. This paper argues that both...
Persistent link: https://www.econbiz.de/10010352706
New infrastructure projects may affect CO2 emissions and, thus, cost benefit analyses for these projects require a value to apply for CO2. This may be based on the marginal social cost of emissions or on the carbon price resulting from present and future policies. This paper argues that both...
Persistent link: https://www.econbiz.de/10010336680
and the technology’s penetration rate, we argue that the policy maker’s ability to use the cap to counter market failures … in the R&D stage is limited. This is due to a dynamic inconsistency problem where the policy maker is unable to credibly … commit to a future policy that is more stringent than motivated by efficiency concerns given the then existing technology …
Persistent link: https://www.econbiz.de/10008506817
New infrastructure projects may affect CO2 emissions and, thus, cost benefit analyses for these projects require a value to apply for CO2. The value may be based on the marginal social cost associated with emissions or on the shadow price resulting from present and future policies geared towards...
Persistent link: https://www.econbiz.de/10008513127
This paper addresses how to regulate greenhouse gas emissions from the transport sector when abatement costs are uncertain. In an EU context, it is shown that a combination of a cap-and-trade system and emission taxes is preferable as it minimizes the expected efficiency loss. The optimal design...
Persistent link: https://www.econbiz.de/10005642369
This paper takes its departure in two observations from the EU’s climate policy. First, the EU has adopted a dual … through a trading scheme, stand in contrast to taxes being the preferable policy instrument. The present paper addresses, by …
Persistent link: https://www.econbiz.de/10005642379
policy measures address different parts of an interlinked system, which determines the composition of the future car fleet …
Persistent link: https://www.econbiz.de/10005642383