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EU ETS and the New Green Paradox
Rosendahl, Knut Einar - 2019
With the new rules of the EU ETS, involving cancellation of allowances, cumulative emissions are no longer fixed but …
Persistent link: https://www.econbiz.de/10012866399
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Effects of Carbon Pricing and Other Climate Policies on CO 2 Emissions
Kohlscheen, Emanuel; Moessner, Richhild; Takats, Elod - 2021
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...
Persistent link: https://www.econbiz.de/10013323969
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Will the Centralisation of Carbon Pricing Revenue in the EU Lead to Laxer Climate Policy?
Fuest, Clemens; Meier, Volker - 2021
We analyse the economic impact of using carbon pricing revenue to fund the EU budget. Such a reform would redistribute … implemented, the low carbon countries will prefer a lower carbon price, i.e. laxer climate policy at the EU level, than before the … reform. For high carbon countries the opposite is true. As a result, EU climate policy becomes less ambitious and less …
Persistent link: https://www.econbiz.de/10013235113
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Analyzing Climate Change Policy Narratives with the Character-Role Narrative Framework
Gehring, Kai; Grigoletto, Matteo - 2023
Understanding behavioral aspects of collective decision-making is an important challenge for eco-nomics, and narratives are a crucial group-based mechanism that influences human decision-making. This paper introduces the Character-Role Narrative Framework as a tool to systematically analyze...
Persistent link: https://www.econbiz.de/10014356482
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Discounting and Climate Policy
van der Ploeg, Rick - 2020
The social rate of discount is a crucial driver of the social cost of carbon (SCC), i.e. the expected present discounted value of marginal damages resulting from emitting one ton of carbon today. Policy makers should set carbon prices to the SCC using a carbon tax or a competitive permits...
Persistent link: https://www.econbiz.de/10012827663
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Simple Rules for Climate Policy and Integrated Assessment
van der Ploeg, Rick - 2018
A simple integrated assessment framework that gives rules for the optimal carbon price, transition to the carbon-free era and stranded carbon assets is presented, which highlights the ethical, economic, geophysical and political drivers of optimal climate policy. For the ethics we discuss the...
Persistent link: https://www.econbiz.de/10012908688
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Climate Policy Curves : Linking Policy Choices to Climate Outcomes
Rudebusch, Glenn D.; Hänsel, Martin C.; Bauer, Michael D. - 2022
The extent of future climate change is a policy choice. Using an integrated climate-economy assessment model, we estimate climate policy curves (CPCs) that link the price of carbon dioxide (CO2) to subsequent global temperatures. The resulting downward sloping CPCs quantify the inverse...
Persistent link: https://www.econbiz.de/10014241309
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A Unifying Theory of Foreign Intervention in Domestic Climate Policy
Moreno-Cruz, Juan; Harding, Anthony - 2023
We propose a theory of climate-policy motivated foreign intervention to study different forms of international climate governance in the presence of power imbalance. Foreign countries have at least three options to intervene in another country’s domestic climate policy: i.) Agreements with...
Persistent link: https://www.econbiz.de/10014264156
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Optimal Unilateral Carbon Policy
Kortum, Samuel S.; Weisbach, David A. - 2021
We derive the optimal unilateral policy in a general equilibrium model of trade and climate change where one region of the world imposes a climate policy and the rest of the world does not. A climate policy in one region shifts activities—extraction, production, and consumption—in the other...
Persistent link: https://www.econbiz.de/10013314669
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Overlapping Efforts in the EU Emission Trading System
Herweg, Fabian - 2020
According to the Phase IV (2021-2030) rules of the EU ETS, the total amount of emissions permits allocated to firms is …
Persistent link: https://www.econbiz.de/10012840226