Showing 1 - 10 of 996
Persistent link: https://www.econbiz.de/10002686728
Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide in order to shift consumer purchases to low-carbon cars, yet evidence on its effectiveness and economic impact is limited. We focus on feebate schemes, which impose a fee on high-carbon vehicles and give a rebate to...
Persistent link: https://www.econbiz.de/10014174470
Project-based emissions trading schemes, like the Clean Development Mechanism, are particularly prone to problems of asymmetric information between project parties and the regulator. In this paper, we extend the general framework on incomplete enforcement of policy instruments to reflect the...
Persistent link: https://www.econbiz.de/10014176734
Assessment of climate change policies requires aggregation of costs and benefits over time and across generations, a process ordinarily done through discounting. Choosing the correct discount rate has proved controversial and highly consequential. To clarify past analysis and guide future work,...
Persistent link: https://www.econbiz.de/10014179562
This paper evaluates the consequences of renewable energy policies on welfare, resource rents and energy costs in a world where carbon pricing is imperfect and the regulator seeks to limit emissions to a (cumulative) target. We use a global general equilibrium model with an intertemporal fossil...
Persistent link: https://www.econbiz.de/10014180771
We study the impact of environmental regulations on the patent activities for wind turbines between 1980 and 2008. We explicitly control for energy market liberalisation and take a potential interaction between liberalisation and policy instruments into account. We find a strong and highly...
Persistent link: https://www.econbiz.de/10014183334
This paper considers a trade situation where the production activities of potentially heterogeneous countries generate pollution which can cross borders and harm the well-being of all the countries involved. In each of those countries the policy maker levies pollution taxes on the polluting...
Persistent link: https://www.econbiz.de/10014184138
This paper examines policies to increase the number of environmentally-friendly consumers using models of Arora and Gangopadhyay (1995) and Bansal and S. Gangopadhyay (2003). In our model it is assumed that consumers' enrironmentally awareness or willingness to pay for eco-products depend on...
Persistent link: https://www.econbiz.de/10014184140
Many economists and policy makers have long favored the use of a price instrument to control greenhouse gases because they are a stock pollutant and as such the marginal benefit of abatement is relatively flat. While the early literature on the problem is consistent with this view, the later...
Persistent link: https://www.econbiz.de/10014184840
We consider an optimal consumption and pollution problem that has two important features. Environmental damages due to economic activities may be irreversible and the level at which the degradation becomes irreversible is unknown. Particular attention is paid to the situation where agents are...
Persistent link: https://www.econbiz.de/10014185878