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show that the inclusion of intra-European aviation in the European Union Emissions Trading Scheme decreased the retirement …
Persistent link: https://www.econbiz.de/10013359048
show that the inclusion of intra-European aviation in the European Union Emissions Trading Scheme decreased the retirement …
Persistent link: https://www.econbiz.de/10013427587
Persistent link: https://www.econbiz.de/10012652865
Persistent link: https://www.econbiz.de/10013260093
Focusing on tail effects, I incorporate distributions for temperature change and its economic impact in an analysis of climate change policy. I estimate the fraction of consumption w*(τ) that society would be willing to sacrifice to ensure that any increase in temperature at a future point is...
Persistent link: https://www.econbiz.de/10003889114
A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even … so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon … extraction. A government cannot commit to a specific carbon tax rate in the distant future. For reasonable assumptions about …
Persistent link: https://www.econbiz.de/10008696672
Several recent articles have analyzed climate policy giving explicit attention to the non-renewable character of carbon resources. In most of this literature the economy is treated as a single unit, which in the context of climate policy seems reasonable to interpret as the whole world. However,...
Persistent link: https://www.econbiz.de/10008900912
China had been singled out by Western politicians and media for dragging its feet on international climate negotiations at Copenhagen, the accusations previously always targeted on the U.S. To put such a criticism into perspective, this paper provides some reflections on China's stance and...
Persistent link: https://www.econbiz.de/10008732053
Trade, economic development, and climate change issues are closely linked and this has significant implications for the design of climate change policies especially for developing countries. Developing countries regard the objective of economic development and growth as being as important as the...
Persistent link: https://www.econbiz.de/10008738391
Three gaps in the Kyoto Protocol most badly need to be filled: the absence of emission targets extending far into the future, the absence of participation by the United States, China, and other developing countries, and the absence of reason to think that members will abide by commitments. To be...
Persistent link: https://www.econbiz.de/10008824519