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ceilings on emission trading. In particular, we analyse the implications of restrictions on trading both in terms of their cost … change that could be enhanced by the presence of ceilings on trading. However, this effect is shown to be offset by the … increased abatement cost induced by the larger than optimal adoption of domestic policy measures when ceilings are binding …
Persistent link: https://www.econbiz.de/10011608607
of ceilings on emission trading. In particular, we analyse the implications of restrictions on trading both in terms of … environmental technical change that could be enhanced by the presence of ceilings on trading. However, this effect is shown to be … offset by the increased abatement cost induced by the larger than optimal adoption of domestic policy measures when ceilings …
Persistent link: https://www.econbiz.de/10005789038
Many predictions and conclusions in the climate change literature have been made and drawn on the basis of theoretical analyses and quantitative models that are either static or that allow for simple forms of changes in technology, often along exogenously given time paths. It is therefore not...
Persistent link: https://www.econbiz.de/10011608826
In recent years, a large number of papers have explored different attempts to endogenise technical change in climate models. The obvious reason is that technical change is widely considered the main route to achieving a significant reduction in global GHG emissions. This recent literature has...
Persistent link: https://www.econbiz.de/10010312513
The issue of greenhouse gas (GHG) stabilization stands on three critical open questions. Namely, what are the impacts deriving from different levels of climate change and their distribution. What are the levels at which GHG concentration should be stabilized in order to avoid unacceptable...
Persistent link: https://www.econbiz.de/10010312554
T In recent years, a large number of papers have explored different attempts to endogenise technical change in climate models. This recent literature has emphasized that four factors – two inputs and two outputs – should play a major role when modelling technical change in climate models....
Persistent link: https://www.econbiz.de/10005113399
The issue of greenhouse gas (GHG) stabilization stands on three critical open questions. Namely, what are the impacts deriving from different levels of climate change and their distribution. What are the levels at which GHG concentration should be stabilized in order to avoid unacceptable...
Persistent link: https://www.econbiz.de/10005423107
In recent years, a large number of papers have explored different attempts to endogenise technical change in climate models. The obvious reason is that technical change is widely considered the main route to achieving a significant reduction in global GHG emissions. This recent literature has...
Persistent link: https://www.econbiz.de/10005392561
Many predictions and conclusions in climate change literature have been made on the basis of theoretical analyses and quantitative models that assume exogenous technological change. One may wonder if those policy prescriptions hold in the more realistic case of endogenously evolving...
Persistent link: https://www.econbiz.de/10011325043
There is a long-standing debate on the relationship between economic development and environmental quality. From a sustainable development viewpoint there has been a growing concern that the economic expansion of the world economy will cause irreparable damage to our planet. In the last few...
Persistent link: https://www.econbiz.de/10011325114