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impacts than the extraction of conventional oil. The European Union (EU) estimates that oil sands lead to 22% more emissions … than conventional oil. The EU is very concerned by the potential climate and environmental impacts and has considered … unilateral ban of the EU on unconventional oil has no climate benefits and it is expensive for Europe …
Persistent link: https://www.econbiz.de/10013039715
This paper analyses whether and how a climate policy designed to stabilize greenhouse gases in the atmosphere is likely to change the direction and pace of technical progress. The analysis is performed using an upgraded version of WITCH, a dynamic integrated regional model of the world economy....
Persistent link: https://www.econbiz.de/10012712471
We propose a realistic approach to climate policy based on the Copenhagen Agreement to reduce Greenhouse Gases (GHGs) emissions. We assess by how much the non-binding, although official, commitments to reduce emissions made in Copenhagen will affect the level of world GHGs emissions in 2020. Our...
Persistent link: https://www.econbiz.de/10014189004
This paper analyses the incentives to participate in and the stability of international climate coalitions. Using the integrated assessment model WITCH, the analysis of coalitions’ profitability and stability is performed under alternative assumptions concerning the pure rate of time...
Persistent link: https://www.econbiz.de/10014041690