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Co2 Emissions and GDP : Evidence from China

Caporale, Guglielmo Maria - 2019

This paper examines the relationship between the logarithms of CO2 emissions and real GDP in China by applying fractional integration and cointegration methods. The univariate results indicate that the two series are highly persistent, their orders of integration being around 2, whilst the...

Persistent link: https://www.econbiz.de/10012860770

Pricing Pollution

Mideksa, Torben K. - 2020

its intensity (i.e., the tax rate or the quota level) to price pollution. When countries price pollution non …

Persistent link: https://www.econbiz.de/10012834363

Comprehensive National Accounting for Carbon Emissions

Asheim, Geir B.; Yamaguchi, Rintaro - 2023

We consider the question of how to integrate carbon emissions in comprehensive national accounts for the purpose of indicating whether countries’ development is sustainable. We derive an expression for national saving which includes not only the national effect of current global emissions, but...

Persistent link: https://www.econbiz.de/10014346316

Effects of Carbon Pricing and Other Climate Policies on CO 2 Emissions

Kohlscheen, Emanuel; Moessner, Richhild; Takáts, Előd - 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

Endogenous Emission Caps Always Induce a Green Paradox

Gerlagh, Reyer - 2019

For any emission trading system (ETS) with quantity-based endogenous supply of allowances, there exists a negative demand shock, e.g. induced by abatement policy, that increases aggregate supply and thus cumulative emissions. We prove this green paradox for a general model and then apply it to...

Persistent link: https://www.econbiz.de/10012861409

Unilateral Co2 Reduction Policy with More than One Carbon Energy Source

Daubanes, Julien; Schubert, Katheline; Henriet, Fanny - 2021

We examine an open economy’s strategy to reduce its carbon emissions by replacing its consumption of coal—very carbon intensive—with gas—less so. Unlike the standard theoretical approach to carbon leakage, we show that unilateral CO2 reduction policies generate a higher leakage rate in...

Persistent link: https://www.econbiz.de/10013315249

The Social Cost of Carbon and the Ramsey Rule

Withagen, Cees - 2019

The objective of this paper is to critically assess the use of simple rules for the social cost of carbon (SCC) that employ a rudimentary form of the Ramsey Rule. Two interrelated caveats apply. First, if climate change poses a serious problem, it is hard to justify an exogenous constant growth...

Persistent link: https://www.econbiz.de/10012892228

Does Telecommuting Reduce Commuting Emissions?

Marz, Waldemar; Sen, Suphi - 2021

The long-term trend toward more work from home due to digitization has found a strong new driver, the Covid-19 pandemic. The profound change in urban mobility patterns supports the often-held view that reducing the number of commuting trips can lower carbon emissions to a certain degree. We...

Persistent link: https://www.econbiz.de/10013323872

City Size, Pollution and Emission Policies

Pflüger, Michael - 2020

modelling of pollution and pollution abatement. We derive two key insights. First, if the national government implements a … permit system (equivalently, pollution taxes) that allow for emissions as in the first-best, cities chosen by local …-best emission policy and extensions to city asymmetries, a fiscal externality, local pollution, generalized commuting costs and …

Persistent link: https://www.econbiz.de/10012827112

Capturing Key Energy and Emission Trends in CGE Models : Assessment of Status and Remaining Challenges

Fæhn, Taran - 2020

Limiting global warming in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations. This challenge drives many of the current modelling trends. This paper undertakes a review of 17 state-of-the-art recursive-dynamic computable general...

Persistent link: https://www.econbiz.de/10012841936