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Distribution matters: Taxes vs. emissions trading in post Kyoto climate regimes
Peterson, Sonja; Klepper, Gernot - 2007
The policy instruments for emissions reductions will be an integral part of a Post Kyoto Climate Regime. In this paper we compare a harmonized international carbon tax to a cap and trade system with different allocation rules for the emission caps. The caps are based either on the requirement...
Persistent link: https://www.econbiz.de/10010273111
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Reaching a climate agreement: Do we have to compensate for energy market effects of climate policy?
Peterson, Sonja; Weitzel, Matthias - 2014
Because of large economic and environmental asymmetries among world regions and the incentive to free ride, an … implications of different Regimes and to aim for a "fair" Distribution of resulting costs. Using the Cpmputable General Equilibrium … additionally an "equal loss" Scenario where welfare losses relative to a Business as usual Scenario are equal for all Major world …
Persistent link: https://www.econbiz.de/10010427028
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Reaching a climate agreement - do we have to compensate for energy market effects of climate policy?
Peterson, Sonja; Weitzel, Matthias - Institut für Weltwirtschaft (IfW) - 2014
Because of large economic and environmental asymmetries among world regions and the incentive to free ride, an … implications of different Regimes and to aim for a "fair" Distribution of resulting costs. Using the Cpmputable General Equilibrium … additionally an "equal loss" Scenario where welfare losses relative to a Business as usual Scenario are equal for all Major world …
Persistent link: https://www.econbiz.de/10010987096
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Distribution Matters ; Taxes vs. Emissions Trading in Post Kyoto Climate Regimes
Peterson, Sonja; Klepper, Gernot - Institut für Weltwirtschaft (IfW) - 2007
The policy instruments for emissions reductions will be an integral part of a Post Kyoto Climate Regime. In this paper we compare a harmonized international carbon tax to a cap and trade system with different allocation rules for the emission caps. The caps are based either on the requirement...
Persistent link: https://www.econbiz.de/10005755245
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Carbon prices are redundant in the 2030 EU climate and energy policy package
Aune, Finn Roar; Golombek, Rolf - 2018
In June 2018, an agreement between key EU institutions - the Commission, the European Parliament, and the European Council - was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a comprehensive assessment of the EU package, with its...
Persistent link: https://www.econbiz.de/10011933893
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Pricing Forest Carbon : Implications of Asymmetry in Climate Policy
Eriksson, Mathilda - 2016
In this paper, we use an integrated assessment model to examine the implications of not recognizing, and partially recognizing forest carbon in climate policy. Specifically, we investigate the impact of an asymmetric carbon policy that recognizes emissions from fossil fuels while ignoring...
Persistent link: https://www.econbiz.de/10012993708
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Reconsidering climate mitigation policy in the UK
Arregui, Nicolas; Parry, Ian W. H. - 2021
The UK has pledged to cut greenhouse gases 68 percent below 1990 levels by 2030, to be emissions neutral by 2050, and to phase out internal combustion engine vehicles by 2030. Much progress has been made, but fully achieving these ambitious objectives with the current policy framework will be...
Persistent link: https://www.econbiz.de/10012438370
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Climate mitigation policy in Denmark : a prototype for other countries
Batini, Nicoletta; Parry, Ian W. H.; Wingender, Philippe - 2021
Denmark has a highly ambitious goal of reducing greenhouse gas emissions 70 percent below 1990 levels by 2030. While there is general agreement that carbon pricing should be the centerpiece of Denmark’s mitigation strategy, pricing needs to be effective, address equity and leakage concerns,...
Persistent link: https://www.econbiz.de/10012433898
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Climate cooperation with technology investments and border carbon adjustment
Helm, Carsten; Schmidt, Robert C. - 2014
A central question in climate policy is whether early investments in low-carbon technologies are a useful first step towards a more effective climate agreement in the future. We introduce a climate cooperation model with endogenous R&D investments where countries protect their international...
Persistent link: https://www.econbiz.de/10010439032
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Advancing global carbon abatement with a two-tier climate club
Iverson, Terrence - 2022
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/10013285515