This paper studies implications of uncertainty about CO2 backstop technology for cost effectiveness of CO2 emission reduction policy. For this purpose, we develop a dynamic general equilibrium model that captures empirical links between CO2 emissions associated with energy use, the rate and...

This paper studies the cost effectiveness of climate policy if there are technology externalities. For this purpose, we develop a forward looking model that captures empirical links between CO2 emissions associated with energy use, directed technical change and the economy. We find our most cost...

The notion of sectoral approaches – in which developing and emerging economies are incentivized to undertake efforts to reduce greenhouse gas emissions intensity or growth in key industrial sectors, potentially with assistance from developed countries – play an important role in the debate...

The creation and accumulation of knowledge constitutes without any doubt one of the major drivers of progress and development. The incontrovertible evidence of that creative process is present everywhere in our daily routines and societies. However, it is rather difficult to define a measure of...

The WIOD database allows for improved empirical analysis on a wide range of important environmental research questions. In this paper we demonstrate the scientific potential of the WIOD database and give answers for very urgent policy questions on the impacts of international trade and...