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Complying with the Kyoto Protocol under uncertainty: Taxes or tradable permits?

Quirion, Philippe - 2002

The Kyoto Protocol on climate change allocates tradable quotas to developed countries, but let them free to choose the means to respect their quota. There are good reasons for a country not to control its firms through internationally tradable permits. We thus compare a tax and purely domestic...

Persistent link: https://www.econbiz.de/10011335728

Complying with the Kyoto Protocol under uncertainty : taxes or tradable permits?

Quirion, Philippe - 2002

Persistent link: https://www.econbiz.de/10011597628

Pollution Reduction, Environmental Uncertainty, and the Irreversibility Effect

Saphores, Jean-Daniel M.; Carr, Peter - Département d'Économique, Université Laval - 1998

This paper analyses the decision to invest to reduce the emissions of a stock pollutant under environmental uncertainty …. It shows that this decision depends on the type and level of uncertainty. When uncertainty is small, there is no simple …-term social damages), and investment irreversibility (pollution abatement investments are sunk). When uncertainty is large enough …

Persistent link: https://www.econbiz.de/10005670362

Regulating Stock Externalities Under Uncertainty

Newell, Richard G.; Pizer, William A. - 2002

Using a simple analytical model incorporating benefits of a stock, costs of adjusting the stock, and uncertainty in …

Persistent link: https://www.econbiz.de/10014113293

Regulating Stock Externalities Under Uncertainty

Newell, Richard G.; Pizer, William A. - 2008

Using a simple analytical model incorporating benefits of a stock, costs of adjusting the stock, and uncertainty in …

Persistent link: https://www.econbiz.de/10014159606

Climate change adaptation and water resource management: A review of the literature

Olmstead, Sheila M. - In: Energy Economics 46 (2014) C, pp. 500-509

This paper considers the extent and usefulness of the existing empirical literature on water supply, demand, and adaptation to climate change for incorporation into integrated assessment modeling efforts. We review the existing literature on the likely economic impacts of climate change, acting...

Persistent link: https://www.econbiz.de/10011115913

On national and international trade in greenhouse gas emission permits

Rehdanz, Katrin; Tol, Richard S. J. - 2002

This paper considers the question under what conditions domestic markets of emission permits would and should merge to become an international market. Emission permits are licenses, and so governments would need to recognize other countries’ permits. In a two-county model, we find that it is...

Persistent link: https://www.econbiz.de/10010312662

Water risk hotspots for agriculture : the case of the Southwest United States

Cooley, Heather; Cohen, Michael; Phurisamban, Rapichan; … - 2016

This report analyses trends in agriculture for the US Southwest region, one of the most water stressed and productive agricultural regions in the world expected to face further water shortages in the future due to climate change and continued growth. It examines projected water risks by...

Persistent link: https://www.econbiz.de/10011580292

Modeling biased technical change : implications for climate policy

Carraro, Carlo; De Cian, Enrica; Nicita, Lea - 2010

Climate-economy models aiming at quantifying the costs and effects of climate change impacts and policies have become important tools for climate policy decision-making. Although there are several important dimensions along which models differ, this paper focuses on a key component of climate...

Persistent link: https://www.econbiz.de/10008699639

El Niño and Indian droughts : a scoping exercise

Saini, Shweta; Gulati, Ashok - 2014

Weather experts around the world are foreseeing a strong El Niño in 2014. In India, these developments are feared to lead to droughts. In the last 14 years, out of the four El Niño years globally, three resulted in Indian droughts. Since the 1980s, all the six droughts faced by India were in...

Persistent link: https://www.econbiz.de/10010404683

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