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Extreme weather events and climate change : economic impacts and adaptation policies
Ferreira, Susana - 2024
This article reviews the literature on the economic impacts of disasters caused by extreme weather and climate events … suffer less and recover faster from climate extremes suggests adaptation, knowledge gaps remain, and little is known about … recommended when uncertainties over climate change impacts are high. I discuss how governments can play an important role in …
Persistent link: https://www.econbiz.de/10014454717
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Proceedings of the European Expert Meeting on the Oder Flood 1997 : 18 May 1998, Potsdam, Germany ; Ribamod concerted action
Bronstert, Axel (ed.); Ghazi, Anver (contributor);  … - European Expert Meeting on the Oder Flood 1997 <1998, … - 1999
Persistent link: https://www.econbiz.de/10001398182
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Effects of carbon pricing and other climate policies on CO2 emissions
Kohlscheen, Emanuel; Moessner, Richhild; Takáts, Előd - 2021
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel …
Persistent link: https://www.econbiz.de/10012643539
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Smart cap
Karp, Larry S.; Traeger, Christian - 2021
We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
Persistent link: https://www.econbiz.de/10012438358
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Prices versus quantities reassessed
Karp, Larry S.; Traeger, Christian - 2018
"Prices versus quantities" (Weitzman 1974), a hugely influential paper, is widely cited (and taught) in current debates about the best policy to reduce greenhouse gas emissions. The paper's criterion for ranking policies suggests that technological uncertainty favors taxes over cap and trade....
Persistent link: https://www.econbiz.de/10011927948
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Effects of green technology support policies on carbon dioxide emissions
Moessner, Richhild - 2024
other climate policies, on carbon dioxide emissions at the aggregate national level. The paper uses cross-country dynamic …
Persistent link: https://www.econbiz.de/10014514891
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Optimal climate policy with fat-tailed uncertainty : what the models can tell us
De Bruin, Kelly C.; Krishnamurthy, Chandra Kiran - 2021
We present a modification of the most commonly used integrated assessment model (IAM) of climate change (DICE-2016), AD … appropriate utility functions, and including adaptation policies to climate change. These modifications ensure that two of the key … ensures that the optimal climate policies account for outcomes in every possible state, unlike the Monte Carlo approach. Our …
Persistent link: https://www.econbiz.de/10012510301
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Economic analysis, sustainability and environmental commons
Musu, Ignazio - 2013
issues: climate change and biodiversity. Involvement of governments and a reference framework provided by intergovernmental …
Persistent link: https://www.econbiz.de/10010223360
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Effects of Carbon Pricing and Other Climate Policies on CO 2 Emissions
Kohlscheen, Emanuel; Moessner, Richhild; Takats, Elod - 2021
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel …
Persistent link: https://www.econbiz.de/10013323969
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Risk and Aversion in Assessing Climate Policy
Crost, Benjamin - 2013
The precise consequences of climate change remain uncertain. We incorporate damage uncertainty into a joint model of … climate and the economy, an integrated assessment model. First, both the science and the integrated assessment community … deriving a carbon tax or cap under uncertainty: they do not incorporate the interaction between stochastic climate impacts and …
Persistent link: https://www.econbiz.de/10013081380