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Super-Additionality: A Neglected Force in Markets for Carbon Offsets

Bento, Antonio; Kanbur, Ravi; Leard, Benjamin - C.E.P.R. Discussion Papers - 2012

Climate change mitigation programs classify two types of carbon offsets: Additional and non-additional. Additional offsets are offsets that correspond to actual reductions in emissions. In contrast, non-additional offsets are offsets that do not correspond to emissions reductions. These offsets...

Persistent link: https://www.econbiz.de/10011083359

The Race for Polluting Permits

Brechet, Thierry; Peralta, Susana - C.E.P.R. Discussion Papers - 2007

International markets for tradable emission permits (TEP) co-exist with national energy taxation. A firm trading emission permits in the international market also pays energy taxes in its host country, thus creating an interaction between the international TEP-market and national energy taxes....

Persistent link: https://www.econbiz.de/10005666994

The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyond

Carraro, Carlo; Longden, Thomas; Marangoni, Giacomo; … - C.E.P.R. Discussion Papers - 2013

This paper analyses a set of new scenarios for energy markets in Europe to evaluate the consistency of economic incentives and climate objectives. It focuses in particular on the role of natural gas across a range of climate policy scenarios (including the Copenhagen Pledges and the EU Roadmap)...

Persistent link: https://www.econbiz.de/10011084042

Energy and Climate Change in China

Carraro, Carlo; Massetti, Emanuele - C.E.P.R. Discussion Papers - 2012

This paper examines future energy and emissions scenarios in China generated by the Integrated Assessment Model WITCH … levels. The elasticity of China’s emissions is estimated by pooling observations from all scenarios and compared with the … elasticity of emissions in OECD countries. China has a higher elasticity than the OECD for a carbon tax lower than 50$ per ton of …

Persistent link: https://www.econbiz.de/10011084331

Climate Policy and Developing Countries

Gersbach, Hans; Hummel, Noemi - C.E.P.R. Discussion Papers - 2011

We suggest a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...

Persistent link: https://www.econbiz.de/10009365009

Designing Carbon Taxation Schemes for Automobiles: A Simulation Exercise for Germany

Adamou, Adamos; Clerides, Sofronis; Zachariadis, Theodoros - C.E.P.R. Discussion Papers - 2012

Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide in order to shift consumer purchases to low-carbon cars, yet little is known about the effectiveness and overall economic impact of these schemes. We focus on feebate schemes, which impose a fee on high-carbon...

Persistent link: https://www.econbiz.de/10011084619

Energy Demand and Trade in General Equilibrium: An Eaton-Kortum-type Structural Model and Counterfactual Analysis

Egger, Peter; Nigai, Sergey - C.E.P.R. Discussion Papers - 2011

This paper sheds light on the role of the impact of taxes on energy production versus tariffs on imported goods for trade, energy demand, and welfare. For this, we develop a structural Eaton-Kortum type general equilibrium model of international trade which includes an energy sector. We estimate...

Persistent link: https://www.econbiz.de/10009644033

Should a Carbon Tax be Differentiated Across Sectors?

Hoel, Michael - C.E.P.R. Discussion Papers - 1994

If some, but not all, countries are cooperating to reduce CO2 emissions, it can be argued that: A high carbon tax on carbon-intensive tradable sectors in the cooperating countries will reduce the production of goods from these sectors, and therefore CO2 emissions, in those countries. This will...

Persistent link: https://www.econbiz.de/10005498029

Adaptation Can Help Mitigation: An Integrated Approach to Post-2012 Climate Policy

Bosello, Francesco; Carraro, Carlo; De Cian, Enrica - C.E.P.R. Discussion Papers - 2012

The latest round of international negotiations in Copenhagen led to a set of commitments on emission reduction which are unlikely to stabilise global warming below or around 2°C. As a consequence, in the absence of additional ambitious policy measures, adaptation will be needed to address...

Persistent link: https://www.econbiz.de/10011083452

Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action

Bosetti, Valentina; Carraro, Carlo; Tavoni, Massimo - C.E.P.R. Discussion Papers - 2009

. This is especially relevant for China, whose recent and foreseeable trends of investments in innovation are consistent with …

Persistent link: https://www.econbiz.de/10004964422