Similar Search Results

Race to burn the last ton of carbon and the risk of stranded assets

Ploeg, Frederick van der - In: European journal of political economy 64 (2020), pp. 1-18

Persistent link: https://www.econbiz.de/10012311755

Asset diversification versus climate action

Hambel, Christoph; Kraft, Holger; Ploeg, Frederick van der - 2020

Asset pricing and climate policy are analyzed in a global economy where consumption goods are produced by both a green and a carbon-intensive sector. We allow for endogenous growth and three types of damages from global warming. It is shown that, initially, the desire to diversify assets...

Persistent link: https://www.econbiz.de/10012258563

Climate policies and nationally determined contributions : reconciling the needed ambition with the political economy

Vogt-Schilb, Adrien; Hallegatte, Stéphane - 2017

Countries have pledged to stabilize global warming at a 1.5 to 2°C increase. Either target requires reaching net zero emissions before the end of the century, which implies a major transformation of the economic system. This paper reviews the literature on how policymakers can design climate...

Persistent link: https://www.econbiz.de/10011660858

Asset pricing and decarbonization : diversification versus climate action

Hambel, Christoph; Kraft, Holger; Ploeg, Frederick van der - 2020

Persistent link: https://www.econbiz.de/10012202693

Wirtschaftspolitische Herausforderungen 2020 : im Zeichen des Klimawandels

Dullien, Sebastian; Gechert, Sebastian; Herzog-Stein, … - 2020

Die deutsche Wirtschaft befindet sich in einem konjunkturellen Abschwung. Zugleich werden strukturelle Herausforderungen durch die anstehende Dekarbonisierung deutlich, die auf nationaler und auch auf EU-Ebene enorme Anstrengungen erfordern. Eine wohlstandssichernde Klimawende bedarf massiver...

Persistent link: https://www.econbiz.de/10012148989

Race to burn the last ton of carbon and the risk of stranded assets

Ploeg, Frederick van der - 2017

energy subsidy designed to lock up fossil fuel and curb cumulative emissions. Such a subsidy brings forward the end of the … equilibrium, so that the Green Paradox effect of a renewable energy subsidy is stronger. There is an intermediate phase of limit … pricing to keep renewable energy producers at bay, which becomes much more relevant when a cap on global warming is enforced …

Persistent link: https://www.econbiz.de/10011774930