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The aim of this article is to analyze the potential for synergies between climate policies and development in a case study on India focusing on the power sector sub-optimalities. To do so, we use Imaclim-R, a dynamic recursive energy-economy model that represents a second best world with market...
Persistent link: https://www.econbiz.de/10008522914
This paper proposes to test the global hybrid computable general equilibrium model Imaclim-R against macroeconomic data. To do so, it compares the modeled and observed responses of the Indian economy to the rise of oil price during the 2003-2006 period. The objective is twofold: first, to...
Persistent link: https://www.econbiz.de/10008473906
The Kyoto Protocol allocates tradable emission allowances (AAUs) to developed countries, but they are free to choose a set of policy instruments to comply with these targets. We compare two different policy instruments: a tax and purely domestic tradable permits, for the European Union, the US...
Persistent link: https://www.econbiz.de/10008494537
Border adjustments are currently discussed to limit the possible adverse impact of climate policies on competitiveness and carbon leakage. We discuss the main choices that will have to be made if the European Union implements such a system alongside the EU ETS. Although more analysis is required...
Persistent link: https://www.econbiz.de/10008494574