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As reporting GHG emissions becomes mandatory in the financial sector, the methods by which emissions are calculated will grow in importance for their impact on the resulting metric. Progress is underway in both the public and private financial sectors to embed emissions accounting standards, but...
Persistent link: https://www.econbiz.de/10013213971
We study how restricting CO2 emissions affects resource prices and depletion over time. We use a Hotelling-style model with two nonrenewable fossil fuels that differ in their carbon content (e.g., coal and natural gas) and that are imperfect substitutes in final good production. We study both an...
Persistent link: https://www.econbiz.de/10012711842
Global regulations involving clean energy technologies have evolved in recent decades. Such evolution came as a result of technological disparities between the North and the South. Such regulatory changes came because of the failure of developed nations to assist developing countries in...
Persistent link: https://www.econbiz.de/10013235353
In recent years, disasters caused by climate change have brought marked losses to individual economic agents. To cope with fluctuating climate risks, climate policies have witnessed frequent adjustments worldwide, resulting in heightening uncertainty on climate policies that have become an...
Persistent link: https://www.econbiz.de/10013292076
Considering the costs and risks of inaction, ambitious action to reduce greenhouse gas emissions is economically rational. However, success in abating world emissions will ultimately require a least-cost set of policy instruments that is applied as widely as possible across all emission sources...
Persistent link: https://www.econbiz.de/10012444590
This paper presents a two-sector green endogenous growth model to explore a mechanism that explains why carbon … gives the economic means to enhance clean capital accumulation and sustain endogenous growth. Both carbon-intensive and … carbon-free capital may thus be needed for an efficient transition to green growth. …
Persistent link: https://www.econbiz.de/10012383739
Limiting global warming in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations. This challenge drives many of the current modelling trends. This article undertakes a review of 17 state-of-the-art recursive-dynamic computable general...
Persistent link: https://www.econbiz.de/10012241803
Limiting global warming in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations. This challenge drives many of the current modelling trends. This paper undertakes a review of 17 state-of-the-art recursive-dynamic computable general...
Persistent link: https://www.econbiz.de/10012157959
In this paper, the economic value of the impacts of climate change is assessed for different Italian economic sectors and regions. Sectoral and regional impacts are then aggregated to provide a macroeconomic estimate of variations in GDP induced by climate change in the next decades. Autonomous...
Persistent link: https://www.econbiz.de/10014220779
We study how restricting CO2 emissions affects resource prices and depletion over time. We use a Hotelling-style model with two non-renewable fossil fuels that differ in their carbon content (e.g. coal and natural gas) and in addition are imperfect substitutes in final good production. We show...
Persistent link: https://www.econbiz.de/10014224480