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Instruments chosen to pursue climate related targets are not always efficient. In this paper we consider an economy with three climate related targets for its electricity generation: a given share of “green” electricity, a given expansion of “green” electricity, and a given reduction of...
Persistent link: https://www.econbiz.de/10012920348
. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across … Western Europe. We demonstrate that a median quantile regression outperforms OLS given farm level data. The results suggest …
Persistent link: https://www.econbiz.de/10013051384
A cap on greenhouse gas emissions makes total emissions a fixed common-property resource. Population increases under a cap are therefore self-limiting: a population increase raises labor and reduces emissions per unit of labor, which lowers incomes and fertility. Because a marginal birth under a...
Persistent link: https://www.econbiz.de/10013094745
That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are substitutes. This brings climate policies naturally in the realm...
Persistent link: https://www.econbiz.de/10013315810
, considerations on fiscal aspects and governmental interventions in adaptation processes, we present data-based guesses of public … adaptation costs in the EU, divided by impact sectors. The findings show an expectedly large public burden in the adaptation of …
Persistent link: https://www.econbiz.de/10013316180
target is to be achieved and that Non Annex1 (NA1) countries decide to delay their GHG emission reductions by 30 years. What … as 10-25 TlnUSD. However, this additional cost wanes when developing countries are allowed to trade emission reductions … from their baseline emission paths during the 30-year delay period. Thus, irrespective of whether NA1 countries are …
Persistent link: https://www.econbiz.de/10012750000
In this study, the real demand for global and local environmental protection in Beijing, China, is elicited and investigated. Participants from Beijing were offered the opportunity to contribute to voluntary climate change mitigation by purchasing permits from two Chinese CO2 emissions trading...
Persistent link: https://www.econbiz.de/10012917519
To decarbonize the power sector policy-makers need to commit to long-term credible rules for climate and energy policy. Otherwise, time-inconsistent policy-making will impair investments into low-carbon technologies. However, the future benefits and costs of decarbonization are subject to...
Persistent link: https://www.econbiz.de/10012960475
developing and industrial countries, in proportion to the relative emission reductions they achieve. Countries receive refunds … net of tax revenues. We show that such a scheme can simultaneously achieve efficient emission reductions and equity …
Persistent link: https://www.econbiz.de/10013039305
We study the effect of climate policy on companies' greenhouse gas emissions using emissions data for the headquarters …
Persistent link: https://www.econbiz.de/10012946920