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Gerlagh, Reyer - 2019

-consistent policy rules that implement the stochastic first best as long as a future market exists. We apply our theory to carbon …

Persistent link: https://www.econbiz.de/10012892203

Robust Dynamic Optimal Taxation and Environmental Externalities

Li, Xin - 2014

from climate change to damages is subject to uncertainty, and we use robust control theory techniques to study efficiency …

Persistent link: https://www.econbiz.de/10013046482

Energy Transition : Strategic Interactions Between Global Externalities and Capital Stock For Renewable Energy Resources

Minooei Fard, Behnaz - 2022

renewable energy resources. This points to a closer look at the interaction between global externalities from fossil fuel use … critically depend on strategies that mitigate the costs of climate externalities. This paper aims to investigate the effect of … cooperative and noncooperative scenarios - as two main strategies for GPGs - on the global externalities and capital stock of …

Persistent link: https://www.econbiz.de/10014081657

CO2eVA : Pricing the transition of carbon externalities

Kenyon, Chris; Macrina, Andrea; Berrahoui, Mourad - 2022

counterparties. Thus, we price the cost-benefit of transitioning carbon externalities into changes affecting deals won and lost to …

Persistent link: https://www.econbiz.de/10013405194

Designing Fiscal Policy to Address the External Costs of Energy

Parry, Ian - 2015

externalities associated with energy use — global warming, local air pollution, and various side effects (e.g., congestion) from … motor vehicles. Techniques for (roughly) estimating the magnitude of these externalities, and corrective energy taxes, on a …

Persistent link: https://www.econbiz.de/10013030339

Electoral incentives and firm behavior : evidence from U.S. power plant pollution abatement

Doyle, Matthew; Di Maria, Corrado; Lange, Ian; … - 2016

Researchers have utilized the fact that many states have term limits (as opposed to being eligible for re-election) for governors to determine how changes in electoral incentives alter state regulatory agency behavior. This paper asks whether these impacts spill over into private sector...

Persistent link: https://www.econbiz.de/10011547829

De-fueling externalities : how tax salience and fuel substitution mediate climate and health benefits

Basaglia, Pier; Behr, Sophie M.; Drupp, Moritz A. - 2023

the effectiveness of fuel taxes to reduce climate and health externalities. …

Persistent link: https://www.econbiz.de/10014305676

Towards green growth in Denmark : improving energy and climate change policies

Jamet, Stéphanie - 2012

Denmark’s green growth strategy focuses on moving the energy system away from fossil fuels and investing in green technologies, while limiting greenhouse gas (GHG) emissions. On the whole, current policies should allow Denmark to reach near-term climate change targets, but may not be...

Persistent link: https://www.econbiz.de/10009690980

Endogenous emission caps always induce a green paradox

Gerlagh, Reyer; Heijmans, Roweno; Rosendahl, Knut Einar - 2019

For any emission trading system (ETS) with quantity-based endogenous supply of allowances, there exists a negative demand shock, e.g. induced by abatement policy, that increases aggregate supply and thus cumulative emissions. We prove this green paradox for a general model and then apply it to...

Persistent link: https://www.econbiz.de/10012105543

Optimal monetary policy in a two-sector environmental DSGE model

Holtemöller, Oliver; Sardone, Alessandro - Leibniz-Institut für Wirtschaftsforschung Halle - 2024

In this paper, we discuss how environmental damage and emission reduction policies affect the conduct of monetary policy in a two-sector (clean and dirty) dynamic stochastic general equilibrium model. In particular, we examine the optimal response of the interest rate to changes in sectoral...

Persistent link: https://www.econbiz.de/10014636978