This paper studies the growth impacts of realizing two long-term carbon targets in Switzerland with alternative steering based climate policies. For this analysis we use the Computable Induced technical change and Energy (CITE) model, a computable general equilibrium (CGE) model with endogenous...

Although China committed to reduce its energy and emission intensity, the allocation of such national targets in the provincial level is still a political negotiation process and lack of a systematic principle from the perspective of efficiency. This paper proposes an allocation principle based...

This paper presents a two-sector green endogenous growth model to explore a mechanism that explains why carbon-intensive capital is not necessarily shut down during transition to a green economy. Without accumulating clean capital to offset carbon emissions, a tightening of climate regulation...

This paper studies the growth impacts of realizing two long-term carbon targets in Switzerland (reducing CO2 emissions in 2050 by 72% and 80% relative to 1990 levels) with alternative steering-based climate policies that include a uniform tax on the whole economy and differentiated tax schemes....