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This paper studies the growth impacts of realizing two long-term carbon targets in Switzerland (reducing CO2 emissions in 2050 by 72% and 80% relative to 1990 levels) with alternative steering-based climate policies that include a uniform tax on the whole economy and differentiated tax schemes....
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This paper presents a two-sector green endogenous growth model to explore a mechanism that explains why carbon-intensive capital is not necessarily shut down during transition to a green economy. Without accumulating clean capital to offset carbon emissions, a tightening of climate regulation...
Persistent link: https://www.econbiz.de/10012383739
The paper develops the Basic Climate Economic (BCE) model featuring the core elements of climate economics and climate policy. The BCE model incorporates fossil stock depletion, pollution stock accumulation, endogenous growth, and climate-induced capital depreciation. We first use graphical...
Persistent link: https://www.econbiz.de/10011904761
There is widespread concern that climate policy is moving too slowly and that decarbonization of economic development is coming too late for effective climate protection. We analyze three different effects that emerge endogenously during decarbonization and amplify current policies: growing...
Persistent link: https://www.econbiz.de/10014502190
Domestically, the effects of climate change could overwhelm disaster-response capabilities. Internationally, climate …
Persistent link: https://www.econbiz.de/10003608089
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Framework for Disaster Risk Reduction and the Paris Agreement on climate change provides a clear mandate for increased coherence … in countries’ approaches to climate and disaster risk reduction. Countries increasingly recognise the benefits of … approaches to climate change adaptation and disaster risk reduction across levels of government and sectors. It identifies ways …
Persistent link: https://www.econbiz.de/10012452225