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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
Persistent link: https://www.econbiz.de/10004965705
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
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 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
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 financial collapse of 2007, the accompanying refugee crisis, the health crisis, and the coronavirus pandemic have all played their part in the current gloomy political climate. The left lacks a clear message or strategy to improve the lives of ordinary people. The emphasis on austerity and...
Persistent link: https://www.econbiz.de/10015268841
The financial crisis of 2007 clearly demonstrated the declining economic and political hegemony of the European social model. Austerity measures, rationalization, and cuts in all areas of society and the state were encouraged by the EU directorates. These measures have weakened social cohesion...
Persistent link: https://www.econbiz.de/10015268971