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. Measure-explicit marginal abatement cost curves depict the cost and abating potential of available mitigation options. Using a …-in and make the 2050 target too expensive to reach. Designing mitigation policies requires information on the speed at which …
Persistent link: https://www.econbiz.de/10010194397
Countries have pledged to stabilize global warming at a 1.5 to 2°C increase. Either target requires reaching net zero emissions before the end of the century, which implies a major transformation of the economic system. This paper reviews the literature on how policymakers can design climate...
Persistent link: https://www.econbiz.de/10011660858
sufficient progress to stabilizing the climate therefore requires ratcheting up near-term mitigation action but doing so among …
Persistent link: https://www.econbiz.de/10012820550
policies on long-term mitigation targets. We define a weak-policy baseline scenario, which extrapolates the current policy … the weak policy pathway until 2020 or 2030 before pursuing the long-term mitigation target with global cooperative action … investments in fossil-based capacities, (c) higher long-term mitigation costs and carbon prices and (d) stronger transitional …
Persistent link: https://www.econbiz.de/10010476201
mitigation strategies, which are based on market‐oriented policies. The analysis compares Brazilian bioethanol, Costa Rican …
Persistent link: https://www.econbiz.de/10011375537
Persistent link: https://www.econbiz.de/10012225686
The 27th Conference of the Parties (COP 27) to the United Nations Framework Conven­tion on Climate Change (UNFCCC) in Sharm el-Sheikh, Egypt, was marked by multiple crises and the shaken confidence of developing countries in the multilateral process. Nonetheless, an agreement was reached on the...
Persistent link: https://www.econbiz.de/10014225586
We exploit the introduction of free banking laws in US states during the 1837-1863 period to examine the impact of removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic stability in this period, we are able to isolate the...
Persistent link: https://www.econbiz.de/10010227307
We show that (i) dynamic inefficiency may be empirically relevant in a modified Diamond model with imperfect competition, (ii) if fiscal policy is used to avoid inefficiency and maintain an optimal capital intensity, the required debt ratio will be inversely related to the growth rate, and (iii)...
Persistent link: https://www.econbiz.de/10010193872
Persistent link: https://www.econbiz.de/10009680895