Showing 1 - 10 of 691,550
Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...
Persistent link: https://www.econbiz.de/10011300313
Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...
Persistent link: https://www.econbiz.de/10013018203
This survey reviews the recent literature on the double-dividend hypothesis of environmental taxes and discusses some recent extensions of the standard model such as the distributional consequences and the importance of the non-separability assumption between consumption goods and environmental...
Persistent link: https://www.econbiz.de/10011507909
Regensburg in December 2016. The thesis studies unintended intertemporal reactions of fossil resource supply to climate policies … observations, can substantially alter the supply-side effects of climate policies. …
Persistent link: https://www.econbiz.de/10011741830
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 …
Persistent link: https://www.econbiz.de/10012105543
Swiss climate policy consists of three regulatory instruments for greenhouse gas emissions reduction: A CO 2 levy, the Swiss Emissions Trading System (CH EHS), and an additional nonEHS" program for medium-sized plants that consists of command-and-control elements plus a sizeable abatement...
Persistent link: https://www.econbiz.de/10012234520
Energy models suggest that the cost of reducing carbon emissions from the transportation sector is high relative to other sectors, such as electricity generation. However, this paper shows that taxes to reduce passenger vehicle emissions produce large net benefits, rather than costs, when...
Persistent link: https://www.econbiz.de/10012711577
This paper studies a dynamic stochastic general equilibrium model involving climate change. Our frame- work allows for feedback effects on the temperature dynamics. We are able to match estimates of future temperature distributions provided in the fifth assessment report of the IPCC (2014). We...
Persistent link: https://www.econbiz.de/10012061866
This paper studies a dynamic stochastic general equilibrium model involving climate change. Our model allows for damages on economic growth resulting from global warming. In the calibration, we capture effects from climate change and feedback effects on the temperature dynamics. We solve for the...
Persistent link: https://www.econbiz.de/10010495010
We investigate how carbon taxes combined with output-based rebating (OBR) in an open economy perform in interaction with the carbon policies of a large neighboring trading partner. Analytical results suggest that whether the purpose of the OBR policy is to compensate firms for carbon tax burdens...
Persistent link: https://www.econbiz.de/10011305291