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Border carbon adjustment and international trade : a literature review
Condon, Madison; Ignaciuk, Adriana M. - 2013
-ordinated multilateral action), the parallel concern of carbon leakage — whereby domestic reductions in emissions are partially or wholly …
Persistent link: https://www.econbiz.de/10010230663
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Advancing global carbon abatement with a two-tier climate club
Iverson, Terrence - 2022
A two-tier climate club exploits the comparative advantage of large countries to mete out punishments through trade, while taking their capacity to resist punishment as a constraint. Countries outside the coalition price carbon at a fixed fraction of the average carbon price adopted within the...
Persistent link: https://www.econbiz.de/10013285515
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The Portfolio of Economic Policies Needed to Fight Climate Change
Blanchard, Olivier J.; Gollier, Christian; Tirole, Jean - 2022
Climate change poses an existential threat. The authors argue that carbon pricing and green research and development (R&D) support are good economics, but their implementation can be improved. Even if carbon prices are generalized and given more substance, green R&D is still likely to be smaller...
Persistent link: https://www.econbiz.de/10014238463
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Advancing Global Carbon Abatement with a Two-Tier Climate Club
Iverson, Terrence - 2022
A two-tier climate club exploits the comparative advantage of large countries to mete out punishments through trade, while taking their capacity to resist punishment as a constraint. Countries outside the coalition price carbon at a fixed fraction of the average carbon price adopted within the...
Persistent link: https://www.econbiz.de/10014081042
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The Economics of Carbon Leakage Mitigation Policies
Ambec, Stefan; Esposito, Federico; Pacelli, Antonia - 2023
Carbon leakage occurs when carbon-priced low-emission domestic products are replaced with high-emissions foreign … carbon leakage: free emission allowances, Carbon Border Adjustment Mechanism (CBAM) and export rebates. Providing allowances …. It levels the "playing field" both domestically and internationally, and may even reverse the carbon leakage. In contrast …
Persistent link: https://www.econbiz.de/10014261969
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Pollution havens? : carbon taxes, globalization, and the geography of emissions
Schroeder, Christofer; Stracca, Livio - 2023
This paper studies the impact of national carbon taxes on CO2 emissions. To do so, we run local projections on a cross-country panel dataset, matching measures of emissions of carbon dioxide with information on the introduction of carbon taxes and their implied price. Importantly, we consider...
Persistent link: https://www.econbiz.de/10014481125
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Carbon taxes and the geography of fossil lending
Laeven, Luc; Popov, Alexander - 2022
Using data on syndicated loans, we find that the introduction of a carbon tax is associated with an increase in domestic banks' lending to coal, oil, and gas companies in foreign countries. This effect is particularly pronounced for banks with large prior fossil-lending exposures, suggesting a...
Persistent link: https://www.econbiz.de/10013488620
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Climate change mitigation policies : aggregate and distributional effects
Cavalcanti, Tiago; Hasna, Zeina; Santos, Cézar - 2022
We evaluate the aggregate and distributional effects of climate change mitigation policies using a multi-sector equilibrium model with intersectoral input-output linkages and worker heterogeneity calibrated to different countries. The introduction of carbon taxes leads to changes in relative...
Persistent link: https://www.econbiz.de/10014493868
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Global and regional impacts of the clean development mechanism
Wang, Shunli; Groot, Henri L. F. de; Nijkamp, Peter; … - 2009
Climate change is a serious concern worldwide. Policy research on climate change in the past decades has largely focused on applied modelling exercises. However, the implications of specific policy strategies such as the clean development mechanism (CDM) for global and regional economic and...
Persistent link: https://www.econbiz.de/10011378304
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Global warming, technological change and trade in carbon energy : challenge or threat?
Stephan, Gunter; Müller-Fürstenberger, Georg - 2014
treaty? Or do carbon leakage and the rebound effect imply that it is possible to take advantage of technological improvements … contributes to the solution of the global climate problem. Rebound and leakage effects hinder a sustainable and welfare improving …
Persistent link: https://www.econbiz.de/10010374157