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climate change, economy, and climate policies. The limitations of these models in capturing uncertainty in climate parameters … targets emerging from the Paris Agreement and the uncertainty about the signatories' commitment to Nationally Determined …. Here we focus on the areas where IAMs can be deployed to asses uncertainty and risk management, learning, and regional …
Persistent link: https://www.econbiz.de/10011850330
It is difficult to assess the effectiveness of investment strategies that screen companies based on environmental criteria to hedge climate change risk because physical risks have not yet fully materialized and policies to combat climate change are usually widely anticipated. This paper...
Persistent link: https://www.econbiz.de/10014236321
, clean technological progress, as well as uncertainty about climatic and economic factors, lead to lower emissions and … relative to a 'straw man' model with perfect capital mobility, fixed abatement costs and no uncertainty. …
Persistent link: https://www.econbiz.de/10013472310
This paper investigates the asymmetric effects of climate policy uncertainty (CPU) and the global price of energy index … climate policy uncertainty and energy prices influence Bitcoin prices. Using the monthly data of CPU, GPEI, and BTC from 2013M … policy uncertainty and fluctuations in energy prices, as these factors can significantly asymmetrically impact Bitcoin prices. …
Persistent link: https://www.econbiz.de/10014433992
carbon prices, but gradual resolution of uncertainty lowers them. For temperature-dependent economic damage tipping points …
Persistent link: https://www.econbiz.de/10013226653
Environmental, Social, and Governance (ESG) is a market for environmental criteria that has recently attracted the attention of policymakers and in particular European Union (EU) countries to improve environmental quality. In the context of the EU Sustainable Development Goals, this study aims...
Persistent link: https://www.econbiz.de/10014635477
, in accordance with Aghion et al. (2005), and the industry structure maximising aggregate green innovation also minimises …
Persistent link: https://www.econbiz.de/10012958959
, in accordance with Aghion et al. (2005), and the industry structure maximising aggregate green innovation also minimises …
Persistent link: https://www.econbiz.de/10011674450
This paper studies how carbon pricing affects emissions, economic aggregates and inequality. Exploiting institutional features of the European carbon market and high-frequency data, I identify a carbon policy shock. I find that a tighter carbon pricing regime leads to a significant increase in...
Persistent link: https://www.econbiz.de/10013240180
Innovation clusters combining public and private effort to develop breakthrough technologies promise greater … construct a mechanism that leads to innovation clusters. It is a combination of low permit endowments for the country with the …
Persistent link: https://www.econbiz.de/10011944546