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The European Union's Emissions Trading System is the largest system in the world for trade in greenhouse gases. It used …
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Climate change not only impacts production and market consumption, but also the relative scarcity of non-market goods, such as environmental amenities. We study fundamental drivers of the resulting relative price changes, their potential magnitude, and their implications for climate policy in...
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We study how the scarcity of non-market goods, such as environmental amenities, affects the economic appraisal of climate policy. To this end, we perform a comprehensive analysis of the change in relative prices of non-market goods in the widespread climate-economy model DICE. We show that DICE...
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world. This literature includes empirical evaluations of how past climatic events have affected fiscal outcomes, empirical …
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published world maps on wetland resources only coincide in 20-30 % of the identified wetland area. Our compilation of data on … conventions and regional policies, but extensive wetland area has been degraded in many developing countries. These continuing … can moreover sequester additional carbon from the atmosphere in form of soil organic matter. Pristine wetland soils are a …
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With the increasing recognition of the use of reforestation measures as a complement to conventional carbon emissions avoidance technologies it is important to understand the market valuation of local forest carbon sinks for climate change mitigation. We conducted a framed-field experiment among...
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