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Persistent link: https://www.econbiz.de/10012054806
To achieve the agreed goals of the Paris Climate Agreement, Ireland has taken significant steps through its ambitious climate legislation. While setting climate policies is paramount to ensure a transition to a low carbon economy, creating a better understanding of the future climate, the...
Persistent link: https://www.econbiz.de/10015062151
Climate change poses a significant threat to Ireland, with far-reaching implications for its environment, people, and economy. Consequently, proactive measures are important to mitigate and adapt to these impacts. This paper analyses potential adaptation options and their associated costs and...
Persistent link: https://www.econbiz.de/10015062156
Economic models suggest that in many cases, market leakage rates of greenhouse gas abatement reach the two-digit percentage range. Consequently, the Marrakesh Accords require Clean Development Mechanism (CDM) projects to account for leakage. Despite this, most project proponents neglect market...
Persistent link: https://www.econbiz.de/10010295395
Economic models suggest that in many cases, market leakage rates of greenhouse gas abatement reach the two-digit percentage range. Consequently, the Marrakesh Accords require Clean Development Mechanism (CDM) projects to account for leakage. Despite this, most project proponents neglect market...
Persistent link: https://www.econbiz.de/10010985117
Competitiveness and carbon leakage issues have been some of the main concerns in the implementation and discussions of climate policies. These concerns are particularly important in the presence of multiple carbon markets since differences in climate change policy approaches may have impacts on...
Persistent link: https://www.econbiz.de/10010257961
Persistent link: https://www.econbiz.de/10003356304
In this paper we analyze the economic effects of CO2 emission reductions in the Basque Country (Spain) using an applied general equilibrium (AGE) model with specific attention to environment-energy-economy interactions. Environmental policy is implemented through a system of tradable pollution...
Persistent link: https://www.econbiz.de/10014061858
Persistent link: https://www.econbiz.de/10010403453
Emissions trading systems (ETS) can play a major role in a cost-effective climate policy framework. Both direct linking of ETSs and indirect linking through a common crediting mechanism can reduce costs of action. We use a global recursive-dynamic computable general equilibrium model to assess...
Persistent link: https://www.econbiz.de/10012446690