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Most empirical studies on private climate change adaptation rely on self-reported intentions which often fail to translate into real actions. Consequently, this strand of literature can only insufficiently account for the intention behavior gap (IBG) in climate change adaptation, which...
Persistent link: https://www.econbiz.de/10013460352
If one nation damages another, what are its obligations? This question can be approached and understood in diverse ways, but it is concretized in debates over the social cost of carbon, which is sometimes described as the linchpin of national climate policy. The social cost of carbon, meant to...
Persistent link: https://www.econbiz.de/10013215313
Uncertainty is critical to questions about climate change policy. Recently developed recursive integrated assessment models have become the primary tools for studying and quantifying the policy implications of uncertainty. We decompose the channels through which uncertainty affects policy and...
Persistent link: https://www.econbiz.de/10012967621
climate change now involves both mitigation to address the cause and adaptation as a response to already ongoing or expected …
Persistent link: https://www.econbiz.de/10010426488
light on how the optimal balance between mitigation and adaptation changes under different stochastic scenarios. We find … that stochastic technology growth hardly affects the optimal bundle of mitigation and adaptation whereas uncertainty about … composition of the optimal mix as both persuade the risk-averse social planner to invest more in mitigation. Overall, we identify …
Persistent link: https://www.econbiz.de/10011451547
This paper reviews the role of Social Protection and Labor in supporting both climate adaptation and mitigation efforts … through the distributional impacts of climate mitigation policies. The paper discusses how - even without explicit … transitions towards Green jobs. Finally, Social protection and labor programs can also directly support mitigation measures by …
Persistent link: https://www.econbiz.de/10013205425
global mitigation within a noncooperative framework where countries either decide on mitigation before or after adaptation … lower national contributions to the global public good of mitigation. We find that the sequencing of adaptation before … mitigation reinforces this strategic effect of technological investments at least for sufficiently similar countries. As a …
Persistent link: https://www.econbiz.de/10010193773
in developing countries is discussed. This tendency shows that adaptation is likely to be advanced relative to mitigation … on the political agenda. Therefore, we analyze the economic consequences of the timing of mitigation and adaptation in a … game-theoretic framework regarding as well the importance of technological investments for mitigation. Due to strategic …
Persistent link: https://www.econbiz.de/10010344644
This paper examines the distributional and efficiency impacts of public debt consolidation financed through a carbon tax employing a dynamic general-equilibrium model with overlapping generations of the U.S. economy. The numerical model features government taxes and spending and a multi-sectoral...
Persistent link: https://www.econbiz.de/10010868780
Methane is a greenhouse gas that gets far less public attention than carbon dioxide. This is entirely unwarranted. Being 25 times more potent than carbon dioxide in trapping heat in the atmosphere, methane accounts for about one-sixth of all anthropogenic (i.e. human-induced) greenhouse gas...
Persistent link: https://www.econbiz.de/10011601285