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The 27th Conference of the Parties (COP 27) to the United Nations Framework Conven­tion on Climate Change (UNFCCC) in Sharm el-Sheikh, Egypt, was marked by multiple crises and the shaken confidence of developing countries in the multilateral process. Nonetheless, an agreement was reached on...
Persistent link: https://www.econbiz.de/10014000491
This paper examines the relationship between corporate activities to address climate change and stock performance. By separately analyzing the US and European stock markets for different sub-periods, we highlight the impact of the underlying climate policy regime. Methodologically, we compare...
Persistent link: https://www.econbiz.de/10011753169
Tradable Permits – a Market-Based Allocation System for the Environment. Tradable Permits and Other Environmental Policy Instruments – Killing one Bird with two Stones. Tradable Permits – Ten Key Design Issues. Tradable Permits with Imperfect Monitoring. Emissions Trading with Greenhouse...
Persistent link: https://www.econbiz.de/10011695725
This paper shows in an empirical context that substantial cost reductions can be achieved in the implementation of Dutch national climate policy by (i) targeting the policy at the stock of greenhouse gases, thus allowing polluters flexibility in their timing of emission reductions; and (ii)...
Persistent link: https://www.econbiz.de/10010312375
This paper investigates the economic implications of a comprehensive approach to sustainable greenhouse policies that strives to stabilise the atmospheric concentration of the five major greenhouse gases at an ecologically determined threshold level. In a theoretical optimisation model...
Persistent link: https://www.econbiz.de/10011608327
A method is presented for computing long-term greenhouse gas emission pathways for both industrial ("Annex B") countries and developing ("non-Annex B") countries. This method combines two main factors: (i) climate protection goals, in the form of targets for stabilising CO2 in the atmosphere,...
Persistent link: https://www.econbiz.de/10011608540
The notion of an integrated land-use and transport planning is linked to hopes that it may be possible to reverse the … traffic-inducing effects of interactions between the built environment and transport, and to use planning interventions in … land-use structures and transport supply to effectively contribute to the reduction of transport-related climate emissions …
Persistent link: https://www.econbiz.de/10012291842
Many predictions and conclusions in climate change literature have been made on the basis of theoretical analyses and quantitative models that assume exogenous technological change. One may wonder if those policy prescriptions hold in the more realistic case of endogenously evolving...
Persistent link: https://www.econbiz.de/10011325043
Climate physics predicts that the intensity of natural disasters will increase in the future due to climate change. One of the biggest challenges for economic modeling is the inherent uncertainty of climate events, which crucially affects consumption, investment, and abatement decisions. We...
Persistent link: https://www.econbiz.de/10011753266
der größte Emittent von Treibhausgasen. Spürbare Fortschritte beim globalen Klimaschutz setzen einen erheblichen Beitrag … mittelfristigen Reduktionsziele nicht besonders anspruchsvoll sind. Vor diesem Hintergrund wird Amerika nur langsam im Klimaschutz …
Persistent link: https://www.econbiz.de/10011602088