Climate Change Economics

LOWERING CARBON INTENSITIES, NOT STANDARDS OF LIVING

 
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Defining Fossil-Fuel Subsidies for the G-20: Which Approach is Best?

Excerpted from the Policy Brief:  "In September 2009, leaders of the Group of Twenty (G-20) largest industrialized and developing economies made a groundbreaking commitment to reform their fossil-fuel subsidies, in a bid to advance their energy security and climate change agendas (G-20 Leaders, 2009). In doing so, leaders called upon their finan ...
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Global Subsidies Initiative
Innternational Institute for Sustainable Development, Canada, March 2010
Objectives: Policies & LegislationFor Economists|For Specialized Analysts

Delayed Carbon Policy Certainty and Electricity Prices in Australia

From the Abstract: "The power industry has been grappling with regulatory uncertainty in relation to carbon since late 2004 when Australian state governments committed to the introduction of an emissions trading scheme. This article estimates the additional cost to electricity users associated with the suboptimal introduction of new power generat ...
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Tim Nelson, Simon Kelley, Fiona Orton and Paul Simshauser
The Climate Institute, Sydney, Australia, March 2010
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: Rich and Poor NationsFor Economists|For Specialized Analysts

Design Recommendations for the Western Climate Initiative Regional Cap-and-Trade Program

Recommendations for the developing Western Climate Initiative’s cap and trade scheme. Participants include Arizona, British Columbia, California, Manitoba, Montana, New Mexico, Ontario, Oregon, Quebec, Utah, and Washington.
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Western Climate Initiative: September 23, 2008
Geographic Focus: US and Other CountriesFor the Public

Did the Stern Review Underestimate Us and Global Climate Damages?

Abstract: The Stern Review received widespread attention for its innovative approach to the economics of climate change when it appeared in 2006, and generated controversies that have continued to this day. One key controversy concerns the magnitude of the expected impacts of climate change. Stern's estimates, based on results from the PAGE2002 mod ...
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Frank Ackerman, Elizabeth A. Stanton, Chris Hope and Stephane Alberth
Energy Policy 37(7), July 2009
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US and Other CountriesFor Economists

Differentiation in the CDM: Options and Impacts

From the website: The clean development mechanism (CDM) is an instrument yielding emission credits from projects in developing countries, that industrialised countries can use to comply with their emission targets, and currently includes over 4000 projects. However, policymakers and scientists have raised concerns with respect to the functioning of ...
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Stefan Bakker, Raouf Saïdi, Harro van Asselt, Joyeeta Gupta and Constanze Haug
Netherlands Environmental Assessment Agency Report 500102 023, May 2009
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: Rich and Poor NationsFor Specialized Analysts

Discounting and Climate Change Economics: Estimating the Cost of Cap and Trade

Proponents of the Boxer-Kerry cap-and-trade bill and the Waxman-Markey bill put the costs of cap and trade at approximately the cost of a postage stamp per day, but, according to this article , the costs are more significant.  The report concludes, "The EPA, with some very generous assumptions (doubling nuclear power output in 25 years, ...
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David Kreutzer
The Heritage Foundation, Washington D.C., November 2009
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: US OnlyFor Economists|For Specialized Analysts

Discounting Offsets: Issues and Options

This paper discusses the effects of different forms of discounting on the integrity of carbon offset projects.Abstract:"This paper describes the different types of discounting, their objectives and their potential impacts on carbon markets. Discount factors can be used to strengthen the environmental integrity of offsets and to give preference to c ...
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Anja Kollmuss, Michael Lazarus, and Gordon Smith
Stockholm Environment Institute, Working Paper WP-US-1005, Stockholm, Sweden: July 2010.
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other CountriesFor Specialized Analysts

Discounting the benefits of climate change mitigation

"This paper explores some of the analytic difficulties of applying conventional discounting techniques to long-term problems such as global climate change. In particular, the paper focuses on the influence of uncertainty in the discount rate on the valuation of future climate damages,..."
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Richard Newell William Pizer
Pew Center on Global Climate Change: December 2001
Objectives: Theoretical Modeling
Geographic Focus: US and Other CountriesFor Economists|For Specialized Analysts

Discussion Draft Summary of the American Clean Energy and Security Act of 2009

This provides a brief summary of the main features of the American Clean Energy and Security Act (Waxman-Markey), as of June 16, 2009.
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US House of Representatives
US House of Representatives, June 2009
Objectives: Policies & Legislation
Geographic Focus: US OnlyFor the Public

Displacing Coal with Generation from Existing Natural Gas-Fired Power Plants

The proposal to reduce carbon emissions by replacing coal plants with increased natural gas generation (some of which could come from underutilized plants) is a complex subject.  This report is an overview of the issues involved.  The report states it does not present definitive answers, which would be premature, given the current state of ...
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Stan Mark Kaplan
Congretional Research Service, Washington, D.C., USA, January 2010
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs
Geographic Focus: US OnlyFor Economists|For Specialized Analysts

Does Foreign Aid Reduce Energy and Carbon Intensities in Developing Countries?

This paper discusses the impact of foreign aid on the energy and carbon intensities of developing countriesAbstract:"Advanced OECD countries are widely held responsible to contain global carbon emissions by providing financial and technical support to developing economies, where emissions are increasing most rapidly. It is open to question, however ...
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Bettina Kretschmer, Michael Hübler, Peter Nunnenkamp
Kiel Insititute for the World Economy, Kiel Working Paper 1598, Kiel, Germany: February 2010
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists

Does Global Climate Policy Promote Low-Carbon Cities? Lessons Learnt From the CDM

This paper uses a survey of projects under the Clean Development Mechanism to determine the effectiveness of the Mechanism and possible reform sources.Abstract:"An increasing proportion of greenhouse gas emissions is produced in urban areas in industrializing and developing countries. Recent research shows that per capita emissions in cities like B ...
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Maike Sippel and Axel Michaelowa
Center for Comparative and International Studies (ETH Zurich and University of Zurich), Working Paper 49, Zurich: November 2009.
Objectives: Evaluating Programs,Analyzing Opinions & Attitudes
Geographic Focus: Rich and Poor NationsFor Specialized Analysts

Doing Business in a New Climate: A Guide to Measuring, Reducing and Offsetting Greenhouse Gas Emissi...

"This guide describes best practices in greenhouse gas management, and uses many real-life business examples to illustrate the options available to businesses to reduce their climate impact and improve their bottom line." "All businesses, large and small, from the industrial sector to the service industry, produce greenhouse gas emissions. ...
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Vancouver, BC:David Suzuki Foundation. 2008
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Specialized Analysts|For the Public

Domestic Offsets Under Article 24a

This paper discusses Article 24a, a proposed addition to the European Uniion Emission Trading Scheme, which would expand the role of carbon offsets in the EU's carbon trading mechanism.From the Introduction:"This paper aims at facilitating the understanding of the main features of this mechanism, at highlighting its potential and at identifying a r ...
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Moritz von Unger and Jelmer Hoozgaad
Prepared by Climate Focus, Washington DC, for CDC Climat, Arcueil, France: 22 February 2010
Objectives: Policies & Legislation,Evaluating Proposals
Geographic Focus: EU and Member StatesFor Specialized Analysts

 

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