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Developing Asia has the world's fastest greenhouse gas emissions growth. This study uses an economy …-energy-climate model to assess the effects of Paris Agreement pledges on Asia, in comparison with business as usual (BAU) and more … of less than 2 degrees Celsius (2°C) warming. The policy costs of Asia's pledges are found to be less than 1% of gross …
Persistent link: https://www.econbiz.de/10011580314
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
The COVID-19 crisis comes at a complex moment for European climate policy as it pivots from a 40% 2030 emissions reduction target to a European Green Deal that is in better alignment with long-term Paris Agreement goals. Here, the implications of the dramatic fall in economic output associated...
Persistent link: https://www.econbiz.de/10012221290
Under which conditions unilateral tightening of climate policy causes a weak or strong green paradox or even decreases social welfare has recently been studied by Hoel (2011). Hoel assumes that the costs of extracting fossil fuel are linear in output. We extend his model by allowing for...
Persistent link: https://www.econbiz.de/10010246770
Economic measures are advanced to environmental problems in EU nations. The economic approach imposes a constant economic load on activities negatively affecting the environment, and it is also a technique for giving a constant profit for activities conserving the environment. The whole society...
Persistent link: https://www.econbiz.de/10011483125
At least ten Latin American and Caribbean countries have pledged to achieve carbon neutrality. Has electricity planning in the region evolved towards reaching these goals? We compare power generation capacity in 2023 to announced plans in 2019. We then estimate committed emissions from existing...
Persistent link: https://www.econbiz.de/10014546316
growth. Using patent, trade and output data, we measure the current size of Asia’s low-carbon economy and assess its … specialize in and can potentially scale up. The analysis shows that Asia’s top low-carbon economies are Japan, South Korea and … China. The sectors in which Asia is particularly well placed to be globally competitive include efficient lighting …
Persistent link: https://www.econbiz.de/10011849571
This paper contributes to the economic literature on pure and impure public goods by considering two alternatives for contributing to the public good climate protection: compensating carbon emissions from conventional consumption or paying higher prices for climate-friendly products. We...
Persistent link: https://www.econbiz.de/10010467110
This paper provides theoretical and empirical insights on the extent to which the availability of carbon offsetting may substitute the individual use of other carbon-reducing measures. Theoretically, we demonstrate an ambiguous impact of offsetting on the use of other measures and derive...
Persistent link: https://www.econbiz.de/10010399732
This paper examines the determinants of voluntary individual carbon offsetting, i.e. the financial compensation of emissions from energy use. In contrast to former studies in this field, we particularly consider a comprehensive set of factors that are discussed in the context of voluntary...
Persistent link: https://www.econbiz.de/10010485299