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, and technical change is one of the key assumptions in any IAM that estimates mitigation costs. We conduct a systematic …
Persistent link: https://www.econbiz.de/10014515010
We show that a technological breakthrough that reduces CO2 emissions per output can exacerbate the climate change problem: countries may respond by raising their emissions resulting in an increase of the stock of pollution that may reduce welfare. Using parameter values based on empirical...
Persistent link: https://www.econbiz.de/10014186291
In building a governance regime to address climate change, should we prioritize the development of global institutions or national ones? This paper adds insight to the issue of how much international coordination on climate governance is optimal by focusing on two neglected characteristics of...
Persistent link: https://www.econbiz.de/10013039106
In the absence of a successful international cooperative agreement over the control of emissions there is a growing interest in the role that clean technologies may play to alleviate the climate change problem. Within a non-cooperative transboundary pollution game, we investigate, analytically...
Persistent link: https://www.econbiz.de/10013069307
-energy-intensive technologies reduces mitigation costs. Optimal taxes and subsidies are lower and there is less warming …
Persistent link: https://www.econbiz.de/10013048403
There is widespread concern that climate policy is moving too slowly and that decarbonization of economic development is coming too late for effective climate protection. We analyze three different effects that emerge endogenously during decarbonization and amplify current policies: growing...
Persistent link: https://www.econbiz.de/10014502190
-energy-intensive technologies reduces mitigation costs. Optimal taxes and subsidies are lower and there is less warming. …
Persistent link: https://www.econbiz.de/10010403517
costs of mitigation policies. Such technologies are largely embodied in capital goods; yet conventionally structured CGE …
Persistent link: https://www.econbiz.de/10010476204
We show that a technological breakthrough that reduces CO2 emissions per output can exacerbate the climate change problem: countries may respond by raising their emissions resulting in an increase of the stock of pollution that may reduce welfare. Using parameter values based on empirical...
Persistent link: https://www.econbiz.de/10008798037
Across the globe, climate policy is increasingly using investment support instruments, such as grants, concessional loans, and guarantees – whereas carbon prices are losing importance. This development substantially increases the risk of inefficient public spending. In this paper, we examine...
Persistent link: https://www.econbiz.de/10012969142