Showing 1 - 10 of 50
Persistent link: https://www.econbiz.de/10001790258
Uncertainty plays a significant role in evaluating climate policy, and fattailed uncertainty may dominate policy advice. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under deep uncertainty? In order to answer to this question we propose an new way...
Persistent link: https://www.econbiz.de/10009271275
This paper studies the cost effectiveness of climate policy if there are technology externalities. For this purpose, we develop a forward-looking CGE model that captures empirical links between CO2 emissions associated with energy use, directed technical change and the economy. We find the...
Persistent link: https://www.econbiz.de/10012734148
Implementation of an EU-wide emissions trading system by means of National Allocation Plans is at the core of European … environmental policy agenda. Member States are faced with the problem of allocating their national emission budgets under the EU … EU emissions trading system and the gains for each Member State vis-a-vis domestic abatement policies. We present an …
Persistent link: https://www.econbiz.de/10014070918
Persistent link: https://www.econbiz.de/10001394763
In this paper, we review the state-of-the-art and common practice of energy and climate modeling vis-à-vis the rebound literature, in particular regarding how macroeconomic energy and climate models quantify and include energy and greenhouse gas rebound effects. First, we focus on rebound...
Persistent link: https://www.econbiz.de/10011977512
Persistent link: https://www.econbiz.de/10011963066
Germany has committed itself to reducing its carbon emissions by 25 percent in 2005 as compared to 1990 emission levels. To achieve this goal, the government has recently launched an environmental tax reform which entails a continuous increase in energy taxes in conjunction with a...
Persistent link: https://www.econbiz.de/10011444919
The Ramsey rule for the consumption rate of discount assumes a transfer of money of a (representative) agent at one point in time to the same agent at another point in time. Climate policy (implicitly) transfers money not just over time but also between agents. I propose three alternative...
Persistent link: https://www.econbiz.de/10011384321
Persistent link: https://www.econbiz.de/10001848990