Showing 1 - 10 of 68
Persistent link: https://www.econbiz.de/10015072049
Uncertainty is prevalent in the context of climate change impacts. Moreover, the distribution across the globe is not uniform. We analyze how climate risks could be reduced via an insurance scheme at the global scale across regions and quantify the potential welfare gains from such a scheme....
Persistent link: https://www.econbiz.de/10010404114
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...
Persistent link: https://www.econbiz.de/10014082790
Over the last few decades, integrated assessment models (IAM) have provided insight into the relationship between climate change, economy, and climate policies. The limitations of these models in capturing uncertainty in climate parameters, heterogeneity in damages and policies, have given rise...
Persistent link: https://www.econbiz.de/10012918052
The consensus view amongst economists is that carbon prices, in order to be effcient, must be the same across the globe. But when there are inefficiencies in the allocation of capital so that consumers in different countries face different discount rates, we show that efficient carbon prices...
Persistent link: https://www.econbiz.de/10013215895
The mismatch between actions to combat climate change, which are based on voluntary national initiatives of limited effort, and the recognition of the importance of global warming is growing. Climate engineering via solar radiation management has been proposed as a possible complement to...
Persistent link: https://www.econbiz.de/10011771508
Persistent link: https://www.econbiz.de/10011745250
Over the last few decades, integrated assessment models (IAM) have provided insight into the relationship between climate change, economy, and climate policies. The limitations of these models in capturing uncertainty in climate parameters, heterogeneity in damages and policies, have given rise...
Persistent link: https://www.econbiz.de/10011850330
SARS-CoV-2 uses human beings as means of transport. In addition to the generProjections of energy intensity are important for the assessment of future energy demand, future emission pathways, and the costs of climate policies. We estimate and simulate energy intensity based on a conditional...
Persistent link: https://www.econbiz.de/10012542885
COVID-19 has had a disruptive economic impact in 2020, but how long its impact will persist remains unclear. We offer a prognosis based on an analysis of the effects of five previous major epidemics in this century. We find that these pandemics led to significant and persistent reductions in...
Persistent link: https://www.econbiz.de/10012613687