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alternative to an emissions trading system. In conclusion and in reference to an eventual Kyoto follow-up agreement, the paper …
Persistent link: https://www.econbiz.de/10010936564
costs. Unilateral commitment to high abatement reduces the gains from global cooperation. This reduces the probability of …
Persistent link: https://www.econbiz.de/10009397104
This paper analyzes greenhouse gas emissions that build up an atmospheric stock which depreciates over time. Weakly …
Persistent link: https://www.econbiz.de/10009369478
minimize the agreement costs of controlling emissions and that they also pool their R&D efforts so as to fully internalize the … country decides its level of emissions non-cooperatively. For linear environmental damages and quadratic investment costs, our …
Persistent link: https://www.econbiz.de/10010833931
For a large global economy with normal goods, and an unequal world income distribution, we consider the endogenous formation and stability of an international environmental agreement (IEA) under nationally determined contributions (NDCs). Nations share green R&D efforts and enjoy R&D spillovers...
Persistent link: https://www.econbiz.de/10012998708
-cooperatively upon its level of energy production. Emissions depend on the decisions made regarding investment and production. If a … country decides to develop a breakthrough technology in the second stage, its emissions will be zero in the third stage. For … enough to justify the development of a breakthrough technology that eliminates emissions completely, and if technology …
Persistent link: https://www.econbiz.de/10014128970
levels of emissions. Finally, in the third stage, each country decides on its level of adaptation non co-operatively. We … solve this game for two models. For both, it is assumed that damages are linear with respect to emissions which guarantee … that emissions are strategic complements in the second stage of the game. However, for the first model adaptation reduces …
Persistent link: https://www.econbiz.de/10014111748
A two-tier climate club exploits the comparative advantage of large countries to mete out punishments through trade, while taking their capacity to resist punishment as a constraint. Countries outside the coalition price carbon at a fixed fraction of the average carbon price adopted within the...
Persistent link: https://www.econbiz.de/10014081042
Greenhouse gas emissions build up an atmospheric stock which depreciates over time. We identify weakly renegotiation …
Persistent link: https://www.econbiz.de/10010572259
This paper analyzes greenhouse gas emissions that build up an atmospheric stock which depreciates over time. Weakly …
Persistent link: https://www.econbiz.de/10009151603