Similar Search Results

The Welfare Implications of Carbon Price Certainty

Aldy, Joseph E.; Armitage, Sarah C. - National Bureau of Economic Research - 2022

Experiences in real-world pollution markets suggest that firms make persistent errors in forecasting allowance and credit prices that inform their investment decisions. The residual uncertainty characterizing allowance and credit trading means that pollution markets may fail to deliver...

Persistent link: https://www.econbiz.de/10013210071

Polit-ökonomische Grenzen des Emissionshandels und ihre Implikationen für die klima- und energiepolitische Instrumentenwahl

Gawel, Erik; Strunz, Sebastian; Lehmann, Paul - 2013

prominent vorgetragene Forderung, die energiepolitische Regulierung ausschließlich auf einen möglichst perfekten Emissionshandel … Emissionshandel aus politökonomischer Sicht als das Resultat eines politischen Regulierungsspiels. Die sich hieraus ergebenden polit …. Denn ein "Energiewende-Emissionshandel", der als Einzelinstrument den vollständigen Zielfächer der Energiewende herbeiführt …

Persistent link: https://www.econbiz.de/10009687050

What is the best environmental policy? : taxes, permits and rules under economic and environmental uncertainty

Angelopulos, Kōnstantinos I.; Oikonomidēs, Geōrgios; … - 2010

We study the importance of uncertainty and public finance to the welfare ranking of three environmental policy instruments: pollution taxes, pollution permits and Kyoto-like numerical rules for emissions. The setup is the basic stochastic neoclassical growth model augmented with the assumptions...

Persistent link: https://www.econbiz.de/10003942680

What is the Best Environmental Policy? Taxes, Permits and Rules under Economic and Environmental Uncertainty

Angelopoulos, Konstantinos; Economides, George; … - 2021

Persistent link: https://www.econbiz.de/10013316232

What is the Best Environmental Policy? Taxes, Permits and Rules Under Economic and Environmental Uncertainty

Philippopoulos, Apostolis; Economides, George; … - 2022

We welfare rank different types of second-best environmental policy. The focus is on the roles of uncertainty and public finance. The setup is the basic stochastic neoclassical growth model augmented with the assumptions that pollution occurs as a by-product of output produced and environmental...

Persistent link: https://www.econbiz.de/10014080294

A simple formula for the social cost of carbon

Bijgaart, Inge van den; Gerlagh, Reyer; Korsten, Luuk; … - 2013

The social cost of carbon (SCC), commonly referred to as the carbon price, is the monetized damage from emitting one unit of CO2 to the atmosphere. The SCC is typically obtained from large-scale computational Integrated Assessment Models (IAMs) that consolidate interdisciplinary climate research...

Persistent link: https://www.econbiz.de/10010189311

The joint effects of energy prices and carbon taxes on environmental and economic performance : evidence from the French manufacturing sector

Dussaux, Damien - 2020

The paper estimates the effect of energy prices and carbon taxation on firms’ environmental and economic performance. The analysis uses data on 8 000 firms that are representative of the French manufacturing sector and observed during 2001-2016. This paper also measures the causal impact of...

Persistent link: https://www.econbiz.de/10012180374

Impact of Carbon Prices on Household Behaviors in Housing Transactions

Kryzanowski, Lawrence; Wu, Tingting; Wu, Yanting - 2023

This paper studies how greenhouse gas emissions (GHGe) mitigation policy (i.e., Greenhouse Gas Pollution Pricing Act or GHGPPA) impacts sellers’ and buyers’ behaviors in housing transactions due to these participant’s different reactions to the Act’s effect on housing transactions from...

Persistent link: https://www.econbiz.de/10014254239

The CCEP Australia Carbon Pricing Survey 2012 : Policy Uncertainty Reigns but Carbon Price Likely to Stay

Jotzo, Frank - 2012

The inaugural Australia Carbon Pricing Survey elicits expectations about the future of carbon pricing from experts working for Australia's largest greenhouse gas emitting companies, the carbon finance and investment industry and selected other experts. The survey indicates pervasive uncertainty...

Persistent link: https://www.econbiz.de/10014040546

Carbon Pricing, Clean Electricity Standards, and Clean Electricity Subsidies on the Path to Zero Emissions

Borenstein, Severin; Kellogg, Ryan - National Bureau of Economic Research - 2022

We categorize the primary incentive-based mechanisms under consideration for addressing greenhouse gas emissions from electricity generation--pricing carbon, setting intensity standards, and subsidizing clean energy--and compare their market outcomes under similar expansions of clean electricity...

Persistent link: https://www.econbiz.de/10013334480