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Climate change ranks high on the policy agenda of the European Union (EU) which considers itself as a leading force in … the battle against anthropogenic climate change. The EU is committed to the objective of limiting the rise in global … climate system. This article provides a critical appraisal of two decades of EU climate policy. Based on the global nature of …
Persistent link: https://www.econbiz.de/10013062011
Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage....
Persistent link: https://www.econbiz.de/10011305225
amounts of "abundant" emission rights. Concerns on hot air motivated proposals for caps on emissions trading by the EU. These …
Persistent link: https://www.econbiz.de/10011443241
Klimaschutz stellt aus Sicht der ökonomischen Theorie ein rein öffentliches Gut dar. Internationale Kooperation zum Zweck der Milderung oder Verhinderung der globalen Erwärmung ist daher mit den bekannten fatalen Anreizproblemen behaftet: Auf der Basis freiwilliger, dezentraler Entscheidungen...
Persistent link: https://www.econbiz.de/10011445684
amounts of "abundantʺ emission rights. Concerns on hot air motivated proposals for caps on emissions trading by the EU. These …
Persistent link: https://www.econbiz.de/10013428267
Klimaschutz stellt aus Sicht der ökonomischen Theorie ein rein öffentliches Gut dar. Internationale Kooperation zum Zweck der Milderung oder Verhinderung der globalen Erwärmung ist daher mit den bekannten fatalen Anreizproblemen behaftet: Auf der Basis freiwilliger, dezentraler Entscheidungen...
Persistent link: https://www.econbiz.de/10013428386
Carbon leakage provides an efficiency argument for unilateral climate policy to differentiate emission prices in favor of emission-intensive and trade-exposed sectors. At the same time, differential emission pricing can be (mis-)used as a beggar-thy-neighbor policy to exploit terms of trade....
Persistent link: https://www.econbiz.de/10009697874
unilateral climate policies for the U.S. and EU economies. We conclude in these instances that complex optimal emission price …
Persistent link: https://www.econbiz.de/10012462752