Similar Search Results

On the governance of carbon dioxide removal : a public economics perspective

Edenhofer, Ottmar; Franks, Max; Kalkuhl, Matthias; … - 2023

This paper highlights the importance of carbon dioxide removal (CDR) technologies for climate policy. We first describe their role in iconic transformation pathways and discuss removal costs and storage duration of different technologies. Based on economic principles, we characterize optimal...

Persistent link: https://www.econbiz.de/10014251439

Endogenous emission caps always induce a green paradox

Gerlagh, Reyer; Heijmans, Roweno; Rosendahl, Knut Einar - 2019

For any emission trading system (ETS) with quantity-based endogenous supply of allowances, there exists a negative demand shock, e.g. induced by abatement policy, that increases aggregate supply and thus cumulative emissions. We prove this green paradox for a general model and then apply it to...

Persistent link: https://www.econbiz.de/10012105543

Coalition formation with border carbon adjustment

Schopf, Mark - 2020

The present paper analyzes the impact of a climate coalition's border carbon adjustment on emissions from commodity production, welfare and the coalition size. The coalition implements border carbon adjustment to reduce carbon leakage and to improve its terms of trade, while the fringe abstains...

Persistent link: https://www.econbiz.de/10012425940

Assessing the effects of climate policy on companies' greenhouse gas emissions

Montoya Gómez, Ana Maria; Zimmer, Markus - 2017 - September 4, 2017

We study the effect of climate policy on companies' greenhouse gas emissions using emissions data for the headquarters and subsidiaries of the world's biggest manufacturing, energy, and utility companies. Our results suggest that financial incentives and legal requirements to audit energy use...

Persistent link: https://www.econbiz.de/10011721629

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...

Persistent link: https://www.econbiz.de/10012643539

Demand versus supply side climate policies with a carbon dioxide ceiling

Eichner, Thomas; Kollenbach, Gilbert; Schopf, Mark - 2018

Consider a dynamic model with two countries or coalitions that consume and trade fossil fuel. A non-abating country owns the entire fuel stock and is not concerned about climate change, represented by a ceiling on the carbon dioxide concentration. The government of the other country implements...

Persistent link: https://www.econbiz.de/10011821305

Regulating stock externalities

Gerlagh, Reyer; Heijmans, Roweno - 2018

We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty …. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on …-consistent policy rules that implement the stochastic first best as long as a future market exists. We apply our theory to carbon …

Persistent link: https://www.econbiz.de/10011939765

Integrated assessment of climate catastrophes with endogenous uncertainty : does the risk of ice sheet collapse justify precautionary mitigation?

Diaz, Delavane B. - 2015

Greenhouse gas policies confront the trade-off between the costs of reducing emissions and the benefits of avoided climate change. The risk of uncertain and potentially irreversible catastrophes is an important issue related to the latter, and one that has not yet been well incorporated into...

Persistent link: https://www.econbiz.de/10011290817

Patent protection and the transition to clean technology

Alsina-Pujols, Maria; Hovdahl, Isabel - 2023

We analyze the use of patent protection as a new policy to direct technical change to clean technology. Contrary to popular belief, it is dirty (and not clean) innovations that should be excluded from patent protection to reduce emissions. In the shortrun, removing patent protection on dirty...

Persistent link: https://www.econbiz.de/10014333456

Marginal abatement cost curves and the optimal timing of mitigation measures

Vogt-Schilb, Adrien; Hallegatte, Stéphane - 2013

Decision makers facing abatement targets need to decide which abatement measures to implement, and in which order. Measure-explicit marginal abatement cost curves depict the cost and abating potential of available mitigation options. Using a simple intertemporal optimization model, we...

Persistent link: https://www.econbiz.de/10010194397