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We present a modification of the most commonly used integrated assessment model (IAM) of climate change (DICE-2016), AD-DICE2016, which is designed to address three key aspects of climateeconomy models: treatment of uncertainty, the use of more appropriate utility functions, and including...
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This paper investigates the economic and environmental impacts of an incremental increase in the rate of Irish carbon tax. For this analysis an intertemporal computable general equilibrium (CGE) model, namely Ireland Environment-Energy-Economy (I3E), is developed. This model allows for the...
Persistent link: https://www.econbiz.de/10011986624
This study finds that a carbon tax could have some adverse impacts on GDP, inequality and household income. However, the impact is limited and could be reduced by using a well-designed revenue recycling scheme. The results come from research using the ESRI's environment, energy and economy (I3E)...
Persistent link: https://www.econbiz.de/10012112607
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This paper aims to calculate emissions in Ireland by applying a production-based Accounting (PBA) approach and a consumption-based Accounting (CBA) approach. PBA considers emissions in Ireland to be all emissions emitted in the geographic region of Ireland, whereas CBA includes all emissions...
Persistent link: https://www.econbiz.de/10015051632
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This paper examines stability of international climate agreements for carbon abatement under an optimal transfer rule and renegotiations. The optimal transfer rule suggested to stabilise international environmental agreements (Weikard 2005, Carraro, Eyckmans and Finus 2006) is no longer optimal...
Persistent link: https://www.econbiz.de/10003715099
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