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Tradable Permits – a Market-Based Allocation System for the Environment. Tradable Permits and Other Environmental Policy Instruments – Killing one Bird with two Stones. Tradable Permits – Ten Key Design Issues. Tradable Permits with Imperfect Monitoring. Emissions Trading with Greenhouse...
Persistent link: https://www.econbiz.de/10004998568
We introduce a version of the DICE-2007 model designed for uncertaintyanalysis. DICE is a wide-spread deterministic … integrated assessment model of climatechange. Climate change, long-term economic development, and their interactionsare highly …, recursive dynamic programming implementation of the DICE-2007model. We achieve the reduction by simplifying the carbon cycle and …
Persistent link: https://www.econbiz.de/10011130821
We introduce a version of the DICE-2007 model designed for uncertainty analysis. DICE is a wide-spread deterministic … integrated assessment model of climate change. Climate change, long-term economic development, and their interactions are highly …-reduced, recursive dynamic programming implementation of the DICE-2007 model. We achieve the reduction by simplifying the carbon cycle …
Persistent link: https://www.econbiz.de/10010959135
We introduce a version of the DICE-2007 model designed for uncertainty analysis. DICE is a wide-spread deterministic … integrated assessment model of climate change. However, climate change, long-term economic development, and their interactions … four stated recursive dynamic programming implementation of the DICE model. Our implementation solves the infinite planning …
Persistent link: https://www.econbiz.de/10010681147
version of the widespread integrated assessment model DICE, and focuses on damage uncertainty. We show that the optimizing … can lead to contradictory policy advice, suggesting a more stringent climate policy in terms of the abatement rate and a …
Persistent link: https://www.econbiz.de/10010681751
distribution and global diffusion of inventions in thirteen climate-mitigation technologies since 1978. The data suggest that until … 1990 innovation was driven mostly by energy prices. Since then, environmental policies, and, more recently, climate …
Persistent link: https://www.econbiz.de/10008792117
of the economy. We employ the integrated assessment Nordhaus DICE-2007 model [16]. Generally speaking, the framework is … an economic agent ignores her impact on the climate change (although adapting to it), and of “free riding with a perfect … world economy and the average temperature in the next 150 years, depending on different scenarios for the behavior of the …
Persistent link: https://www.econbiz.de/10008550241
The analysis of climate change is confronted with large uncertainties that need to be taken into account to arrive at … frameworks and techniques for analyzing climate policy in the context of uncertainty. This paper will give an overview of …
Persistent link: https://www.econbiz.de/10008520164
Most studies that compare price and quantity controls for greenhouse gas emissions under uncertainty find that price mechanisms perform substantially better. In these studies, the benefits from reducing emissions are proportional to the level of reductions, and such linear benefits strongly...
Persistent link: https://www.econbiz.de/10005404470
Academic and policy debates over climate change risks and policies have stimulated economic research in a variety of …
Persistent link: https://www.econbiz.de/10005719865