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framework to study how the climate benefit of such overlapping policies depends on their design, location and timing. Some … policies leverage additional climate benefits elsewhere in the system while others backfire by raising aggregate emissions. Our …
Persistent link: https://www.econbiz.de/10013309703
The purpose of this article is twofold: First to discuss three misconceptions in the debate on climate policies: i …) that de-growth is necessary, ii) that the market economy is part of the problem rather than part of the solution to climate … change, and iii) that the only policy tool needed is to price carbon emissions. Second, to argue that climate change cuts …
Persistent link: https://www.econbiz.de/10012166055
The efficiency effects of carbon pricing depend on how it impacts distortions in fossil fuel markets, most notably from local air pollution externalities. By offsetting these distortions, carbon pricing may generate significant net economic benefits, so it is in countries own interests to...
Persistent link: https://www.econbiz.de/10011497937
Climate effects of unilateral carbon policies are undermined by carbon leakage. To counteract leakage and increase …
Persistent link: https://www.econbiz.de/10013024309
effects of natural disasters across different countries. A key implication of our findings is that climate change is likely to …
Persistent link: https://www.econbiz.de/10012671834
a general framework to study how the climate benefit of such overlapping policies depends on their design, location and … timing. Some policies leverage additional climate benefits elsewhere in the system while others backfire by raising aggregate …
Persistent link: https://www.econbiz.de/10012890770
Persistent link: https://www.econbiz.de/10014440744
That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action …) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are … substitutes. This brings climate policies naturally in the realm of benefit-cost analysis. In this paper we illustrate the "direct …
Persistent link: https://www.econbiz.de/10009722000
That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action …) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are … substitutes. This brings climate policies naturally in the realm of benefit-cost analysis. In this paper we illustrate the “direct …
Persistent link: https://www.econbiz.de/10013084012
This paper focuses on two equity aspects of climate policy, intra- and intergenerational equity, and analyzes the … implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We … poor region, while it lowers the consumption path of the rich region, which must take a greater share of the climate burden …
Persistent link: https://www.econbiz.de/10012975005