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This is the first article on expanding the European Union Emissions Trading Scheme (EU ETS) to households in which law and economics is combined with behavioral science. The article gathers relevant theoretical insights and discusses how established empirical findings can be used to design a...
Persistent link: https://www.econbiz.de/10014193559
This paper examines the determinants of voluntary individual carbon offsetting, i.e. the financial compensation of emissions from energy use. In contrast to former studies in this field, we particularly consider a comprehensive set of factors that are discussed in the context of voluntary...
Persistent link: https://www.econbiz.de/10010485299
Using a choice experiment, we investigated preferences for distributing the economic burden of decreasing CO2 emissions in the two largest CO2-emitting countries: the United States and China. We asked respondents about their preferences for four burden-sharing rules to reduce CO2 emissions...
Persistent link: https://www.econbiz.de/10008688997
existence often suffer from dilution in terms of ecological effectiveness, economic efficiency, and social justice. Thus, in … ecological effectiveness, economic efficiency and social justice and operationalizes them for giving design recommendations for … modern climate justice thinking in order to discuss the three criteria. In addition, design and implication analysis is …
Persistent link: https://www.econbiz.de/10009295665
Is it possible to combat global climate change through North-to-South technology transfer even without a global climate treaty? Or do carbon leakage and the rebound effect imply that it is possible to take advantage of technological improvements under the umbrella of a global arrangement only?...
Persistent link: https://www.econbiz.de/10010374157
After twenty years of global negotiations, the world is still far from a comprehensive climate agreement. The "top-down" approach embodied by the Kyoto Protocol has all but stalled, chiefly due to disagreements over levels of ambition and objections to financial transfers. To avoid those...
Persistent link: https://www.econbiz.de/10010373734
The UK has pledged to cut greenhouse gases 68 percent below 1990 levels by 2030, to be emissions neutral by 2050, and to phase out internal combustion engine vehicles by 2030. Much progress has been made, but fully achieving these ambitious objectives with the current policy framework will be...
Persistent link: https://www.econbiz.de/10012438370
Climate negotiations have been going on for the last two decades and the awareness for impacts of climate change has improved substantially. However, the trends of global CO2 emissions did not reveal any encouraging signs, with developing countries emitting even more CO2 and industrialized...
Persistent link: https://www.econbiz.de/10011568374
In this paper, we discuss the endogenous formation of climate coalitions in an issue-linkage regime. In particular, we propose to build a link to the issue of preferential free trade. Trade privileges exclusively granted to members of the climate coalition work as an incentive mechanism for...
Persistent link: https://www.econbiz.de/10011806560
We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on informational constraints. We identify the most...
Persistent link: https://www.econbiz.de/10011939765