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Modelling the impacts of a national carbon tax in a country with inhomogeneous regional development : an actor-based system-dynamic approach : paper presented at ERSA 54th Congress...

Kovalevsky, Dmitry V.; Hasselmann, Klaus - 2014

warming develops. It is thus important that the impacts of climate mitigation policies are assessed not only on global and … national levels, but also on the regional level. The key tool for assessing the efficiency of climate mitigation policies and … function. We compare a business-as-usual scenario (no mitigation policy) with various mitigation scenarios with different …

Persistent link: https://www.econbiz.de/10011492550

Instrument choice and stranded assets in the transition to clean capital

Rozenberg, Julie; Vogt-Schilb, Adrien; Hallegatte, Stéphane - 2017 - This version: March 2017

To mitigate climate change, some governments opt for instruments focused on investment, like performance standards or feebates, instead of carbon prices. We compare these policies in a Ramsey model with clean and polluting capital, irreversible investment and a climate constraint. Alternative...

Persistent link: https://www.econbiz.de/10011662054

Optimal climate policy as if the transition matters

Campiglio, Emanuele; Dietz, Simon; Venmans, Frank - 2022

The optimal transition to a low-carbon economy must account for adjustment costs in switching from dirty to clean capital, technological progress, and economic and climatic shocks. We study the low-carbon transition using a dynamic stochastic general equilibrium model with emissions abatement...

Persistent link: https://www.econbiz.de/10013472310

On the Geographic Implications of Carbon Taxes

Conte, Bruno; Desmet, Klaus; Rossi-Hansberg, Esteban - National Bureau of Economic Research - 2022

A unilateral carbon tax trades off the distortionary costs of taxation and the future gains from slowing down global warming. Because the cost is local and immediate, whereas the benefit is global and delayed, this tradeoff tends to be unfavorable to unilateral carbon taxes. We show that this...

Persistent link: https://www.econbiz.de/10013462726

How Expensive Should CO<sub>2</sub> Be? Fuel for the Debate on Optimal Climate Policy

Poelhekke, Steven - 2017

Most people are convinced that climate change is a threat and that it should somehow be dealt with. It is also clear that CO2 emissions are still too cheap and must be priced higher to sufficiently curtail emissions. Yet how high should a carbon tax be? Answering this question requires...

Persistent link: https://www.econbiz.de/10012941523

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

Global warming and technical change : multiple steady-states and policy options

Bondarev, Anton; Greiner, Alfred - 2018

In this paper we develop an economic growth model that includes anthropogenic climate change. We include a publicly funded research sector that creates new technologies and simultaneously expands the productivities of existing technologies. The environment is affected by R&D activities both...

Persistent link: https://www.econbiz.de/10011790674

An energy policy for ASEAN? : lessons from the EU experience on energy integration, security, and decarbonization

Diaz-Rainey, Ivan; Tulloch, Daniel J.; Ahmed, Iftekhar; … - 2021

The European Union (EU) has redefined the energy sphere in Europe over the last three decades. Transnational policies targeting liberalization and integration, energy efficiency, renewables, carbon pricing, and energy security have led to major steps forward in terms of a more secure,...

Persistent link: https://www.econbiz.de/10012433362

The Optimal Carbon Tax With a Tipping Climate and Peak Temperature

Wiskich, Anthony - 2019

This paper describes an integrated assessment model with an unknown temperature threshold where severe and irreversible climate impacts, called a tipping point, occurs. The possibility of tipping leads to the following linked outcomes: a prolonged period of peak temperature; a rebound in...

Persistent link: https://www.econbiz.de/10012863711

Evaluating environmental sustainability in Africa : the role of environmental taxes, productive capacities, and urbanization dynamics

BenYoussef, Adel; Dahmani, Mounir - In: Economies : open access journal 12 (2024) 4, pp. 1-24

This study examines the complex relation among environmental taxes, productive capacities, urbanization, and their collective effects on environmental quality in Africa, drawing on two decades of data from twenty African countries. It situates the study within the broader discourse on...

Persistent link: https://www.econbiz.de/10014635951

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