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climate catastrophe and emphasizes the role of international externalities that a country's policies exert on other countries … and intertemporal externalities that current generations exert on future generations. Within this setting, we explore the …
Persistent link: https://www.econbiz.de/10013462728
unfavorable to unilateral carbon taxes. We show that this logic breaks down in a world with trade and migration where economic …
Persistent link: https://www.econbiz.de/10013462726
We study how the implementation of emissions trading systems (ETS) impacts emissions reductions and the usage of renewable energy using a panel sample of the largest 100 countries worldwide. Exploiting the cross-country variations in ETS implementations, we show that ETS adoption materially...
Persistent link: https://www.econbiz.de/10013435149
Using new surveys on more than 40,000 respondents in twenty countries that account for 72% of global CO2 emissions, we study the understanding of and attitudes toward climate change and climate policies. We show that, across countries, support for climate policies hinges on three key perceptions...
Persistent link: https://www.econbiz.de/10013334482
The economic effects of climate change vary across both time and space. To study these effects, this paper builds a global economy-climate model featuring a high degree of geographic resolution. Carbon emissions from the use of energy in production increase the Earth's (average) temperature and...
Persistent link: https://www.econbiz.de/10013361992
Jurisdictions adopt heterogeneous climate policies that vary both in terms of ambition and in terms of policy approach, with some jurisdictions pricing carbon and others subsidizing clean production. We distinguish two types of policy spillovers associated with diverse policy approaches to...
Persistent link: https://www.econbiz.de/10014322698
states of the world in order to calculate the optimal tax, the regulator here estimates damages as they are realized and …
Persistent link: https://www.econbiz.de/10013435097
Most regulations designed to reduce environmental externalities impose costs on individuals and firms. An active body … environmental externalities. We review this burgeoning literature and develop a simple and general framework for focusing future … empirical investigations. We apply our framework to findings related to the economic impact of air pollution, deforestation, and …
Persistent link: https://www.econbiz.de/10012453831
region of the world imposes a climate policy and the rest of the world is passive. We solve the model analytically and also …
Persistent link: https://www.econbiz.de/10013334461
This paper reviews and extends the recent empirical literature on the impact of climate change on mortality and adaptation in the United States. The analysis produces several new facts. First, the reductions in the impact of extreme heat on mortality risk previously documented up to 2004 have...
Persistent link: https://www.econbiz.de/10013334499