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This paper explains how, in the context of incomplete coordination among all countries, unilateral policies that might at first sight seem pro-green could actually turn out to harm the global environment. The free-riding motives and the difficulty of reaching an effective international...
Persistent link: https://www.econbiz.de/10010245993
Arctic oil extraction is inconsistent with the 2°C target. We study unilateral strategies by climate-concerned Arctic countries to deter extraction by others. Contradicting common theoretical assumptions about climate-change mitigation, our setting is one where countries may fundamentally...
Persistent link: https://www.econbiz.de/10011718452
The paper aims to briefly present the main problems regarding the impact of climate change on living organisms (humans, animals, plants), the measures taken so far to solve these problems and the actions that must be taken into account by the European Union and the states members. They propose...
Persistent link: https://www.econbiz.de/10015050359
This paper explains how, in the context of incomplete coordination among all countries, unilateral policies that might at first sight seem pro-green could actually turn out to harm the global environment. The free-riding motives and the difficulty of reaching an effective international...
Persistent link: https://www.econbiz.de/10010333428
We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may be more desirable than comparable cost reductions...
Persistent link: https://www.econbiz.de/10011968409
If investors fear that future carbon taxes will be lower than currently announced by policy makers, long-run investments in greenhouse gas mitigation may be smaller than desirable. On the other hand, owners of a non-renewable carbon resource that underestimate future carbon taxes will postpone...
Persistent link: https://www.econbiz.de/10010266081
We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may be more desirable than com-parable cost reductions...
Persistent link: https://www.econbiz.de/10010274957
Arctic oil extraction is inconsistent with the 2°C target. We study unilateral strategies by climate-concerned Arctic countries to deter extraction by others. Contradicting common theoretical assumptions about climate-change mitigation, our setting is one where countries may fundamentally...
Persistent link: https://www.econbiz.de/10011744935
Fossil fuels are non-renewable carbon resources, and the extraction path of these resources depends both on present and future demand. When this 'Hotelling feature' is taken into consideration, the whole price path of carbon fuel will shift downwards as a response to the reduced cost of the...
Persistent link: https://www.econbiz.de/10010285560
We use a two-period model to investigate intertemporal eff ects of cost reductions in climate change mitigation technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may be more desirable than comparable cost reductions...
Persistent link: https://www.econbiz.de/10010285621