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A natural outcome of the emerging pledge and review approach to international climate change policy is interest in comparing mitigation effort among countries. Domestic publics and stakeholders will have an interest in knowing if peer countries are undertaking (or planning to undertake)...
Persistent link: https://www.econbiz.de/10013020538
Persistent link: https://www.econbiz.de/10012985300
We study how public policies affects an economy where production emits pollutants and investment in productive assets raises the economy’s overall productivity. We explore two hypotheses about how the accumulation of pollutants affects human well-being. Under the first one, there is no limit...
Persistent link: https://www.econbiz.de/10012803772
An unbalance in nature, caused by mankind, could trigger an unbalance in human society that will re-impact nature and paralyze rational human response, initiating a potentially global, growing, catastrophic cycle. This article intends to contribute to the conception of a standard analysis...
Persistent link: https://www.econbiz.de/10013045918
conceptually useful allegory of a futuristic "World Climate Assembly" (WCA) that votes for a single worldwide price on carbon … derives fresh insights and new simple formulas that relate each emitter's most-preferred world price of carbon to the world … "Social Cost of Carbon" (SCC), and further relates the WCA-voted world price of carbon to the world SCC. I argue that the WCA …
Persistent link: https://www.econbiz.de/10012929696
In the absence of a successful international cooperative agreement over the control of emissions there is a growing interest in the role that clean technologies may play to alleviate the climate change problem. Within a non-cooperative transboundary pollution game, we investigate, analytically...
Persistent link: https://www.econbiz.de/10012710682
In this paper, we discuss the design of carbon dioxide (CO2) taxes at the domestic and international level and the choice of taxes versus a cap-and-trade system. A strong case can be made for taxes on uncertainty, fiscal, and distributional grounds, though this critically hinges on policy...
Persistent link: https://www.econbiz.de/10012711021
We conduct a review of the existing academic literature to outline possible links between climate change and inequality in the United States. First, researchers have shown that the impact of both physical and transition risks may be uneven across location, income, race, and age. This is driven...
Persistent link: https://www.econbiz.de/10012660379
Domestic laws are the ideal legal instrument to regulate the mining sector’s contribution to climate change mitigation and adaptation. Even so, as a stop-gap-measure, governments may consider updating model mining development agreements (MMDAs) or negotiating climate­-related contractual...
Persistent link: https://www.econbiz.de/10013215615
We develop a generic and transparent calibration strategy for climate models used in economics.The key idea is to choose the free model parameters to match the output of large-scale Earth System Models, which are run on pre-defined future emissions scenarios and collected in the Coupled Model...
Persistent link: https://www.econbiz.de/10013219488