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Our results suggest that the anticipated path of China's carbon dioxide (CO2) emissions has dramatically increased over the last five years. The magnitude of the projected increase in Chinese emissions out to 2010 is several times larger than reductions embodied in the Kyoto Protocol. Our...
Persistent link: https://www.econbiz.de/10005239605
This paper presents an assessment of the relative efficacy of three key instruments – baselines, trade ratios and limits - which are under policy discussion in the design of carbon offset programs. We rank the instruments by their implications for total emissions, economic efficiency, and...
Persistent link: https://www.econbiz.de/10011208579
Persistent link: https://www.econbiz.de/10005293603
Persistent link: https://www.econbiz.de/10005294074
This paper examines the welfare effects of anti-sprawl policies, such as development tax, in a simple spatial explicit urban model with two market failures - urban decline at the city core and underprovision of open space amenities at the urban fringe - and pre-existing distortionary property...
Persistent link: https://www.econbiz.de/10008868499