Showing 1 - 10 of 11
Die Frage, was Kohlenstoffemissionen verursacht, wurde in verschiedenen Studien und mit zahlreichen Berechnungsmethoden untersucht. Der vorliegende Kurzzum- Klima-Artikel widmet sich der Frage: Wer verursacht Emissionen? Diese Fragestellung kann aus zwei verschiedenen Perspektiven betrachtet...
Persistent link: https://www.econbiz.de/10011693168
Persistent link: https://www.econbiz.de/10011696016
Climate change would impact different countries differently, and different countries have different levels of development. Equity-weighted estimates of the (marginal) impact of greenhouse gas emissions reflect these differences. Equity-weighted estimates of the marginal damage cost of carbon...
Persistent link: https://www.econbiz.de/10010312306
Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along with the (much discussed) utility discount rate. In...
Persistent link: https://www.econbiz.de/10010298595
Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along with the (much discussed) utility discount rate. In...
Persistent link: https://www.econbiz.de/10010298644
Avoiding unmanageable climate change implies that global greenhouse gas emissions must be reduced rapidly. A significant body of literature shows that policy instruments such as carbon prices can make an important contribution to this goal. In contrast, changes in preferences or values are...
Persistent link: https://www.econbiz.de/10011957220
Lemoine and Rudik (2017) argue that it is efficient to delay reducing carbon emissions, because there is substantial inertia in the climate system. However, this conclusion rests upon misunderstanding the relevant climate physics: there is no substantial lag between CO2 emissions and warming,...
Persistent link: https://www.econbiz.de/10012018105
Over the coming decade, the power sector is expected to invest ~7.2 trillion USD in power plants and grids globally, much of it into CO2-emitting coal and gas plants. These assets typically have a long lifetime and commit large amounts of (future) CO2 emissions. Here, we analyze the historic...
Persistent link: https://www.econbiz.de/10012141925
Research into the social cost of carbon emissions - the marginal social damage from a tonne of emitted carbon - has tended to focus on best guess scenarios. Such scenarios generally ignore the potential for low-probability, high-damage events, which are critically important to determining...
Persistent link: https://www.econbiz.de/10010277697
The paper critiques current European energy policy. The key market failures are identified and the reasons for intervention set out. In addition to the traditional concerns with monopoly and market failures, the public goods aspects of diversity and security of supply, together with...
Persistent link: https://www.econbiz.de/10010273376