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We study the variation of global and unilateral carbon price recommendations and their determinants. To this end, we provide survey evidence on carbon pricing from more than 400 experts across almost 40 countries. We quantify the extent of (dis-)agreement and reveal that a majority of experts...
Persistent link: https://www.econbiz.de/10012888461
World income grows fast without verifiable climate-change impacts on the economy. The growth spell can end if climate …
Persistent link: https://www.econbiz.de/10010250040
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/10012643539
We show that several of the most important economic models of climate change produce climate dynamics inconsistent with the current crop of models in climate science. First, most economic models exhibit far too long a delay between an impulse of CO2 emissions and warming. Second, few economic...
Persistent link: https://www.econbiz.de/10012171780
In June 2018, an agreement between key EU institutions - the Commission, the European Parliament, and the European Council - was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a comprehensive assessment of the EU package, with its...
Persistent link: https://www.econbiz.de/10011933893
emission certificate regulation, and we consider the impact of changes in EU climate policy on the rest of the world as well as …
Persistent link: https://www.econbiz.de/10012494875
The European Union (EU) is implementing a Carbon Border Adjustment Mechanism (CBAM) at its borders, which will require exporters of basic materials to surrender emission permits when exporting to the EU market. Since it makes foreign producers compete under a carbon price, the EU CBAM may...
Persistent link: https://www.econbiz.de/10015084920
than one carbon energy source may turn counter-productive, ultimately increasing world emissions. Thus, we establish … of the world's emission commitments more difficult to meet. Finally, we apply our results to the case of the US. …
Persistent link: https://www.econbiz.de/10011735984
counterproductive, ultimately increasing world emissions. We establish testable conditions as to whether a unilateral tax on domestic CO … characterize this strategy's implications for climate policy in the rest of the world. Finally, we present an illustrative …
Persistent link: https://www.econbiz.de/10012294568
the misallocation of carbon offsets in the Clean Development Mechanism - the world's largest carbon offset program. Using …
Persistent link: https://www.econbiz.de/10012650589