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We analyse optimal abatement and carbon pricing strategies under a variety of economic, temperature and damage risks. Economic growth, convex damages and temperature-dependent risks of climatic tipping points lead to higher growth rates, but gradual resolution of uncertainty lowers them. For...
Persistent link: https://www.econbiz.de/10012545087
We analyse optimal abatement and carbon pricing strategies under a variety of economic, temperature and damage risks. Economic growth, convex damages and temperature-dependent risks of climatic tipping points lead to higher growth rates of carbon prices, but gradual resolution of uncertainty...
Persistent link: https://www.econbiz.de/10012515093
To reach climate neutrality, carbon emissions from the production of basic materials need to be significantly reduced. For governments' support measures to be consistent with their World Trade Organization obligations, they need to be compatible with the WTO's Agreement on Subsidies and...
Persistent link: https://www.econbiz.de/10012518137
Current projections indicate that agricultural GHG emissions are hardly expected to fall between 2017 and 2030 while the sink in the LULUCF sector is projected to decline. These trends call into question the feasibility of the Commission's roadmap to reach net zero emissions by 2050....
Persistent link: https://www.econbiz.de/10012671687
This paper presents first results from a new European-wide research network for evidence-based climate policy. Using administrative data on industrial firms in Finland, France, Germany, Lithuania, Norway, and Sweden,we construct harmonized measures of carbon dioxide emissions per job. We...
Persistent link: https://www.econbiz.de/10012836825
Per capita carbon emissions are an important concept in international negotiations of climate policies and also in future projections of aggregate carbon emissions. This paper argues that the convergence studies on per capita carbon emissions in the literature are theoretically biased because...
Persistent link: https://www.econbiz.de/10012836926
In 2018, an agreement between the 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/10012300944
Climate change is a significant threat to sustainable development (SD). Using the Log-Mean Divisia Index Method (LMDI) a decomposition of the data on the greenhouse gas (GHG) emissions in the European Union (EU) in 2000-2013 is carried out. To detect if decoupling of the environmental variable...
Persistent link: https://www.econbiz.de/10012952172
Like many other states, Oregon has begun to pursue climate policies to attempt to fill the gap created by the lack of effective climate policy at the Federal level. After adopting a variety of policies to address climate change and other environmental impacts from energy use, Oregon is now...
Persistent link: https://www.econbiz.de/10014109898
Financing a proper response to climate change after Kyoto will require another look at both burden sharing and funding mechanisms. After describing the risks of cap-and-trade with carbon offsets and the advantages of a harmonized carbon tax, a method is proposed to utilize a globally harmonized...
Persistent link: https://www.econbiz.de/10014161082