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The social cost of carbon and inequality : when local redistribution shapes global carbon prices

Kornek, Ulrike; Klenert, David; Edenhofer, Ottmar; … - 2019

metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social … cost of carbon, but mostly neglects a major source of inequality - heterogeneity in income below the national level. We … inequality between and within countries. In particular, we demonstrate that climate and distributional policy cannot be separated …

Persistent link: https://www.econbiz.de/10012002880

Chapter 27 International Trade, Foreign Investment, and the Environment

Rauscher, Michael - In: Handbook of environmental economics : volume 3, …, (pp. 1403-1456). 2005

The 1990s produced a large literature on foreign trade and the environment, including both theoretical and empirical contributions. The paper surveys this literature. It starts by looking at the traditional Heckscher–Ohlin type models of international trade and then moves to noncompetitive...

Persistent link: https://www.econbiz.de/10014023905

Efficient taxation of fuel and road use

Bjertnæs, Geir H. M. - 2019

This study calculates efficient taxes on fuel and road use designed to combat driving related externalities. The study shows that the efficient road user charge on fuel is below the marginal mileage-related damage to prevent tax avoidance due to an excessive economic driving-style. The current...

Persistent link: https://www.econbiz.de/10012005473

The Social Cost of Carbon and Inequality : When Local Redistribution Shapes Global Carbon Prices

Kornek, Ulrike - 2019

Persistent link: https://www.econbiz.de/10012870643

Efficient taxation of fuel and road use

Bjertnæs, Geir H. M. - 2019

This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian rate due to such avoidance. The current US tax rate...

Persistent link: https://www.econbiz.de/10012156698

Climate policy without a price signal : evidence on the implicit carbon price of energy efficiency in buildings

Lang, Ghislaine; Lanz, Bruno - 2020 - This version: February 2020

In the absence of a global carbon price, many individual countries set up policies to incentivize specific abatement interventions. In turn, minimizing compliance cost requires policy-makers to identify interventions that are worth pursuing. With this in mind, the objective of this paper is to...

Persistent link: https://www.econbiz.de/10012163130

Principles for pareto efficient border carbon adjustment

Keen, Michael; Kotsogiannēs, Chrēstos - 2024

Border Carbon Adjustment Mechanisms (BCAMs) are becoming reality in the EU and elsewhere, and recur—in very different form—in U.S. legislative proposals. But they remain contentious, with features and differences that leave the underlying welfare rationale and implications unclear. Exploring...

Persistent link: https://www.econbiz.de/10014502504

Environmental policy in an integrated world economy

Schulze, Günther G.; Ursprung, Heinrich W. - 1998

This paper critically assesses the literature on the relationship between economic integration and the environment. In particular, we investigate how trade liberalisation and capital market integration affect environmental policy and thus environmental quality. Conversely, we also study how...

Persistent link: https://www.econbiz.de/10011608396

Distributional impacts of climate mitigation policies : a meta-analysis

Ohlendorf, Nils; Jakob, Michael; Minx, Jan C.; … - 2018

Understanding the distributional impacts of market-based climate policies is crucial to design economically efficient climate change mitigation policies that are socially acceptable and avoid adverse impacts on the poor. Empirical studies that examine the distributional impacts of carbon pricing...

Persistent link: https://www.econbiz.de/10011945782

Carbon pricing under binding political constraints

Jenkins, Jesse D.; Karplus, Valerie J. - Joint Institute for Strategic Energy Analysis - 2016

The economic prescription for climate change is clear: price carbon dioxide (CO2) and other greenhouse gas emissions to internalize climate damages. In practice, a variety of political economy constraints prevent the introduction of a carbon price equal to the full social cost of emissions. This...

Persistent link: https://www.econbiz.de/10011456178