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reductions in external damages are health benefits, highlighting the importance of accounting for co-pollution impacts of carbon …
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The energy sector plays a significant role in Romania's expanding economic and security agenda. The energy sector …, urban population agglomeration, and economic growth affect CO2 emissions in Romania. The time series data covering 1990 to … consumption has a detrimental influence on environmental quality in Romania. Similarly, the results of the robust least squares …
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Global economic convergence and protection of the climate are both worthwhile goals. Yet, there is an inherent tension between them. Greenhouse gases are a waste product that is often emitted in the production process. Limiting such emissions therefore hampers the accumulation of income and...
Persistent link: https://www.econbiz.de/10012661102
Global economic convergence and protection of the climate are both worthwhile goals. Yet, there is an inherent tension between them. Greenhouse gases are a waste product that is often emitted in the production process. Limiting such emissions therefore hampers the accumulation of income and...
Persistent link: https://www.econbiz.de/10012695872
We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
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