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Modelling the impacts of a national carbon tax in a country with inhomogeneous regional development : an actor-based system-dynamic approach : paper presented at ERSA 54th Congress, Regional development & globalisation: Best practices, 26-29 August 2014, St. Petersburg, Russia

Kovalevsky, Dmitry V.; Hasselmann, Klaus - 2014

warming develops. It is thus important that the impacts of climate mitigation policies are assessed not only on global and … national levels, but also on the regional level. The key tool for assessing the efficiency of climate mitigation policies and … function. We compare a business-as-usual scenario (no mitigation policy) with various mitigation scenarios with different …

Persistent link: https://www.econbiz.de/10011492550

An economic anatomy of optimal climate policy

Moreno Cruz, Juan; Wagner, Gernot; Keith, David W. - 2018

mitigation and adaptation, carbon and solar geoengineering span the universe of possible climate policies. Their wildly different …

Persistent link: https://www.econbiz.de/10011853285

Instrument choice and stranded assets in the transition to clean capital

Rozenberg, Julie; Vogt-Schilb, Adrien; Hallegatte, Stéphane - 2017 - This version: March 2017

To mitigate climate change, some governments opt for instruments focused on investment, like performance standards or feebates, instead of carbon prices. We compare these policies in a Ramsey model with clean and polluting capital, irreversible investment and a climate constraint. Alternative...

Persistent link: https://www.econbiz.de/10011662054

Optimal climate policy as if the transition matters

Campiglio, Emanuele; Dietz, Simon; Venmans, Frank - 2022

The optimal transition to a low-carbon economy must account for adjustment costs in switching from dirty to clean capital, technological progress, and economic and climatic shocks. We study the low-carbon transition using a dynamic stochastic general equilibrium model with emissions abatement...

Persistent link: https://www.econbiz.de/10013472310

On the Geographic Implications of Carbon Taxes

Conte, Bruno; Desmet, Klaus; Rossi-Hansberg, Esteban - National Bureau of Economic Research - 2022

A unilateral carbon tax trades off the distortionary costs of taxation and the future gains from slowing down global warming. Because the cost is local and immediate, whereas the benefit is global and delayed, this tradeoff tends to be unfavorable to unilateral carbon taxes. We show that this...

Persistent link: https://www.econbiz.de/10013462726

An Economic Anatomy of Optimal Climate Policy

Moreno Cruz, Juan - 2018

mitigation and adaptation, carbon and solar geoengineering span the universe of possible climate policies. Their wildly different …

Persistent link: https://www.econbiz.de/10012915191

Warming with borders : forced climate migration and carbon pricing

Alsina-Pujols, Maria - 2025

As climate changes and natural disasters intensify, the threat of human displacement increases. This paper studies carbon taxation in the presence of international climate displacement. After providing evidence on the migration response to disasters, forced climate migration is introduced into a...

Persistent link: https://www.econbiz.de/10015192257

Global warming and technical change : multiple steady-states and policy options

Bondarev, Anton; Greiner, Alfred - 2018

In this paper we develop an economic growth model that includes anthropogenic climate change. We include a publicly funded research sector that creates new technologies and simultaneously expands the productivities of existing technologies. The environment is affected by R&D activities both...

Persistent link: https://www.econbiz.de/10011790674

To build or not to build? : capital stocks and climate policy

Baldwin, Elizabeth; Cai, Yongyang; Kuralbaeva, Karlygash Z. - 2018

We investigate how irreversibility in "dirty" and "clean" capital stocks affects optimal climate policy, from both theoretical and numerical perspectives. An increasing carbon tax will reduce investments in assets that pollute, and so reduce emissions in the short term: our "irreversibility...

Persistent link: https://www.econbiz.de/10011794242

The Optimal Carbon Tax With a Tipping Climate and Peak Temperature

Wiskich, Anthony - 2019

This paper describes an integrated assessment model with an unknown temperature threshold where severe and irreversible climate impacts, called a tipping point, occurs. The possibility of tipping leads to the following linked outcomes: a prolonged period of peak temperature; a rebound in...

Persistent link: https://www.econbiz.de/10012863711