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The Clean Development Mechanism (CDM) established under the Kyoto Protocol allows industrialized Annex I countries to offset part of their domestic emissions by investing in emissionsreduction projects in developing non-Annex I countries. We present a novel CDM modelling framework which can be...
Persistent link: https://www.econbiz.de/10010986650
This paper quantifies the macroeconomic impacts of the Clean Development Mechanism (CDM) under the Kyoto Protocol based on a computable general equilibrium (CGE) model of international trade and energy use. Employing project-based CDM supply data we assess the relative importance of transaction...
Persistent link: https://www.econbiz.de/10005098082
The Clean Development Mechanism (CDM) established under the Kyoto Protocol allows industrialized Annex I countries to offset part of their domestic emissions by investing in emissions-reduction projects in developing non-Annex I countries. We present a novel CDM modelling framework which can be...
Persistent link: https://www.econbiz.de/10010735759
We evaluate the effects of labour and environmental taxes in a general equilibrium model with unionised labour markets and involuntary unemployment. Environmental externality is related to the consumption of a polluting output. In particular, we examine whether a "double dividend" in terms of...
Persistent link: https://www.econbiz.de/10005731981
In March 2014 the UN World Health Organization (World Health Organization, 2014), released a study reporting that in 2012 one in eight of global deaths were a result of air pollution exposure. As part of a long-term effort, in late 2013, the European Commission (EC) adopted the "The Clean Air...
Persistent link: https://www.econbiz.de/10011095419
The Clean Development Mechanism (CDM) under the Kyoto Protocol constitutes a major tool in the fight against climate change; it is also an important foreign direct investment funding opportunity for Southern countries. Yet, few studies have focused on the economic impact of CDM on host countries....
Persistent link: https://www.econbiz.de/10011170360
This paper analyzes the contribution of the forest cleared for the Amazon economy between 2006 and 2011, as well as the effects of a policy of controlling deforestation between 2012 and 2020. For this, we used the interregional computable general equilibrium model (CGE) CGE-AMAZON, built to...
Persistent link: https://www.econbiz.de/10010858848
The measures taken in order to fight against the climate change can create conflict when trying to achieve certain economic goals. That is why the design of economic and environmental policies can be understood as a multi-criteria decision problem. In this article we tackle the design of public...
Persistent link: https://www.econbiz.de/10010860588
A simple model is used to illustrate the effects of a reduction in (marginal) abatement cost in a two country setting. It can be shown that a the country experiencing a cost reduction can actually be worse off. This holds true for a variety of quantity and price based emission policies. The most...
Persistent link: https://www.econbiz.de/10010886904
“Desert Power 2050” is probably the world’s most ambitious strategy report towards the decarbonization of the power sector in Europe, the Middle East and North Africa (EUMENA). The report inspired by the Desertec vision aims at providing clean energy from MENA’s desert regions to the...
Persistent link: https://www.econbiz.de/10010886948