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aspects, there is a growing literature on equity and justice. Climate change policy has important dimensions of distributive … justice, both within and across generations, but in this paper we survey only studies on the intragenerational aspect, i …
Persistent link: https://www.econbiz.de/10014214441
aspects, there is a growing literature on equity and justice. Climate change policy has important dimensions of distributive … justice, both within and across generations, but in this paper we survey only studies on the intragenerational aspect, i …. -- Economics of climate change ; intragenerational equity ; distributive justice …
Persistent link: https://www.econbiz.de/10003751935
Persistent link: https://www.econbiz.de/10003794144
Carbon leakage is one of the major issues facing policymakers today when designing environmental regulation. While the empirical and trade literature on carbon leakage is rich, much less is known about the implications of carbon leakage risk on optimal regulatory policies under asymmetric...
Persistent link: https://www.econbiz.de/10014389026
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
A global target of stabilising greenhouse gas concentrations at between 450ppm CO2e and 550ppm CO2e has proven robust to recent developments in the science and economics of climate change. Retrospective analysis of the Stern Review indicates that the risks were underestimated, suggesting a...
Persistent link: https://www.econbiz.de/10014214657
Major carbon-pricing systems in Europe and North America involve multiple countries or states. Individual jurisdictions often pursue additional initiatives---such as unilateral carbon price floors, legislation to phase out coal, aviation taxes or support programs for renewable energy---that...
Persistent link: https://www.econbiz.de/10013309703
In this paper, we analyze technology transfers (TT) and tradable emission rights, which are core issues of the ongoing climate negotiations. Subsidizing TT leads to the adoption of better abatement technologies in developing countries, thereby reducing the international permit price. This is...
Persistent link: https://www.econbiz.de/10009411362
International carbon markets are frequently propagated as an efficient instrument for reducing CO2 emissions. We argue that such markets, despite their desirable efficiency properties, might not be in the best interest of governments who are guided by strategic considerations in negotiations. We...
Persistent link: https://www.econbiz.de/10012225448
International carbon markets are frequently propagated as an efficient instrument for reducing CO2 emissions. We argue that such markets, despite their desirable efficiency properties, might not be in the best interest of governments who are guided by strategic considerations in negotiations. We...
Persistent link: https://www.econbiz.de/10012215277