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Carbon pricing policies worldwide are increasingly coupled with direct or indirect subsidies where emissions pricing revenues are rebated to the regulated entities. This paper analyzes the incentives created by two novel forms of rebating that reward additional emission intensity reductions: one...
Persistent link: https://www.econbiz.de/10013203035
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
We develop a stylized general equilibrium model to decompose the rebound effect of energy efficiency improvements into its partial and general equilibrium components. In our theoretical analysis, we identify key drivers of the general equilibrium rebound effect, including a composition channel,...
Persistent link: https://www.econbiz.de/10011859015
We develop a stylized general equilibrium model to decompose the rebound effect of energy efficiency improvements into its partial and general equilibrium components. In our theoretical analysis, we identify key drivers of the general equilibrium rebound effect, including a composition channel,...
Persistent link: https://www.econbiz.de/10011864608
Public health experts caution that global warming increases the likelihood of novel coronaviruses and amplifies their impacts. Such contagions are virtually unique in their ability to inflict catastrophic worldwide harm. Even more alarming is the forecast that future coronavirus pandemics will...
Persistent link: https://www.econbiz.de/10013336317
In response to anthropogenic climate change, developed countries have committed themselves to raise 100 billion USD a year from 2020 onwards for addressing the needs of developing countries. In this paper, we investigate the economic and CO2 emission impacts of four alternative options for...
Persistent link: https://www.econbiz.de/10011756838