Showing 1 - 10 of 9,637
Understanding the relationship between international trade and CO2 emissions is crucial for designing appropriate measures to address climate change. This article focuses on CO2 emissions as one of the trade flow determinants of the EU countries, along with other factors including remoteness,...
Persistent link: https://www.econbiz.de/10014485152
Die globale Erwärmung und die daraus resultierenden ökonomischen und sozialen Konsequenzen sind eng verbunden mit dem Ausstoß von Treibhausgasen. Dem Kyoto-Protokoll nach ist die Europäische Union verpflichtet, die Emissionen dieser Gase bis zum Zeitraum 2008/2012 um 8% gegenüber 1990 zu...
Persistent link: https://www.econbiz.de/10011698405
This paper investigates the economic implications of a comprehensive approach to sustainable greenhouse policies that strives to stabilise the atmospheric concentration of the five major greenhouse gases at an ecologically determined threshold level. In a theoretical optimisation model...
Persistent link: https://www.econbiz.de/10011608327
environmental pollution levels while not necessarily extending the consumption of a polluting good. We further show a nonmonotonic … income-pollution relationship and derive comparative static results for the impact of an increasing environmental preference …
Persistent link: https://www.econbiz.de/10011753225
The paper describes a relatively new approach to pollution reduction problem solving that relies on negotiation between … agreements between authorities and polluters. Design and results of a laboratory environmental policy experiment on air pollution … new institution for environmental pollution management in practice is the most important result. The case also shows the …
Persistent link: https://www.econbiz.de/10011608597
This paper concerns optimal emissions of greenhouse gases when catastrophic consequences are possible. A numerical model is presented which takes into account both continuous climate-feedback damages as well as the possibility of a catastrophic outcome. The uncertainty in the model concerns...
Persistent link: https://www.econbiz.de/10011608379
The rationale of voluntary corporate initiatives is often explained with anticipation of future regulation. We test this hypothesis for the Chicago Climate Exchange (CCX) and the Climate Leaders (CL), two popular voluntary US environmental programs to curb carbon emission that were operating...
Persistent link: https://www.econbiz.de/10011753325
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/10010435680
The Ramsey rule for the consumption rate of discount assumes a transfer of money of a (representative) agent at one point in time to the same agent at another point in time. Climate policy (implicitly) transfers money not just over time but also between agents. I propose three alternative...
Persistent link: https://www.econbiz.de/10010326296
Uncertainty plays a significant role in evaluating climate policy, and fattailed uncertainty may dominate policy advice. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under deep uncertainty? In order to answer to this question we propose an new way...
Persistent link: https://www.econbiz.de/10010392465