Climate Change Economics

LOWERING CARBON INTENSITIES, NOT STANDARDS OF LIVING

 
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"Mitigation, Adaptation, Suffering:": A Search for the Right Mix in the Face of Climate Change

From the Abstract: “The usually assumed two categories of costs involved in climate change policy analysis, namely abatement and damage costs, hide the presence of a third category, namely adaptation costs. This dodges the determination of an appropriate level for them. Including adaptation costs explicitly in the total environment cost function ...
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Henry Tulkens and Vincent van Steenberghe
Milan, IT: Fondazione Eni Enrico Mattei: 2009
Objectives: Theoretical Modeling
Geographic Focus: US and Other Countries,EU and Member StatesFor Economists

A Changing Climate for Business Third Edition

This is the third edition of a business publication from the UK Climate Impacts Programme.  This set of publications serves as an introduction to climate change impacts and adaptation for a general business audience.  In addition to the inclusion of information from the new UK Climate Projections, updates also include making the business case for ...
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Gerry Metcalf, Kay Jenkinson and Kay Johnstone
UK Climate Impacts Programme, Oxford, UK, June 2010
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: EU and Member StatesFor Economists|For Specialized Analysts

A Dynamic Analysis Of Human Welfare In A Warming Planet

This paper asks, "Is a path of low emissions compatible with sustainable levels of human welfare? With steady growth in human quality of life?" Addressing these questions requires both defining welfare criteria and empirically estimating the possible paths of the economy. The authors develop a dynamic model with four intertemporal links: educati ...
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Llavador, Humberto, John E. Roemer and Joaquim Silvestre
New Haven, CT: Yale University. Cowles Foundation Discussion Paper No. 1673: August 13, 2008
Objectives: Forecasting Impacts,Evaluating ProposalsFor Economists|For Specialized Analysts

A Fresh Look at the Costs of Reducing US Carbon Emissions

This paper discusses use of Marginal Abatement Cost curves to analyze options for emission reductions.From the Introduction:"New analysis from Bloomberg New Energy Finance on the cost of reducing CO2 emissions in the US shows that some previous estimates of abatement costs have probably been too optimistic. To achieve a 17% reduction on 2005 levels ...
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Bloomberg New Energy Finance
Bloomberg New Energy Finance, New York, NY: 14 January 2010
Objectives: Theoretical Modeling,Policies & Legislation
Geographic Focus: US and Other CountriesFor Specialized Analysts

A long-run target for climate policy: the Stern Review and its critics

"This report is intended to support the work of the Committee on Climate Change (CCC) Secretariat in its review of the UK’s greenhouse gas emissions reduction target for 2050 (defined here as the ‘long run’). It first sets out the approach taken in the Stern Review to proposing a range of targets for stabilising the atmospheric concentration of g ...
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Dietz, Simon
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US and Other Countries,EU and Member StatesFor Economists|For Specialized Analysts

A Theory of Adaptation to Climate Change as a Global Public Good

This paper discusses a global climate change adaptation mechanism.Abstract:"Policy discussions of climate change have been primarily concerned about mitigating greenhouse gases. However, when adaptation to climate change is a global public good, an efficient allocation cannot be achieved by the imposition of a carbon tax alone to abate greenhouse g ...
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S. Niggol Seo
United States Association for Energy Economics and International Association for Energy Economics, Working Paper 10-041, Chicago and Cleveland: February 2010
Objectives: Theoretical Modeling,Evaluating Proposals
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists|For Specialized Analysts

Accelerating a Job-Rich Recovery in G20 Countries: Building on Experience

From the Summary:  "This document argues that accelerating a job-rich recovery remains today a compelling objective in G20 countries and indeed worldwide. This is underscored by the scale of the employment challenge facing all G20 countries, quantity and quality wise, whilst acknowledging the impact of the measures taken to date. Accelerating jo ...
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International Laboor Office and Organization for Economic Cooperation and Development
International Labour Office, Geneva, Switzerland, April 2010
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor Nations,Asia and Oceania,Africa,Latin AmericaFor Economists|For Specialized Analysts

Adaptation to a Changing Climate Today’s Iinvestments in Tomorrow’s Climate

This report advocates for the consumer by examining the impacts of climate change on such things as property values, protection of property, repair costs in the event of a climate disaster, as well as the accompanying psychological distress.  The most vulnerable will be low-income, the eldery and those with pre-existing medical conditions  who w ...
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Consumer Focus
Consumer Focus, London, UK, October 2009
Objectives: Forecasting Impacts,Policies & Legislation
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor NationsFor Economists|For Specialized Analysts

Alternative Policies And Sea-Level Rise In The RICE-2009 Model

From the Abstract: "The present study extends earlier research by presenting the results of a new and updated version of the RICE model (Regional Integrated model of Climate and the Economy), labeled the RICE-2009 model. The model is a regionalized, dynamic model that incorporates an end-to-end treatment of economic growth, emissions, cl ...
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William D. Nordhaus
COWLES FOUNDATION For Research in Economics: August, 2009
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US and Other CountriesFor Economists|For Specialized Analysts

American Association for the Advancement of Science Report XXXV: Research and Development FY 2011

This link will take you to the website of The American Association for the Advancement of Science (AAAS) which has released its annual report on the U.S. Federal budget request for research and development for 2011.  It is divided into three parts:  Part I - An overview and highlights examining:  Federaol R&D Historical Trends in Fed ...
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American Association for the Advancement of Science
American Association for the Advancement of Science,
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: US OnlyFor Economists|For Specialized Analysts|For the Public

An Analysis of Various Policy Instruments to Reduce Congestion, Fuel Consumption and CO2 Emissions i...

From trhe Abstract:  "Using a nested multinomial logit model of car ownership and personal travel in Beijing circa 2005, this paper compares the effectiveness of different policy instruments to reduce traffic congestion and CO2 emissions. The study shows that a congestion toll is more efficient than a fuel tax in reducing traffic congestion, wher ...
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Alex Anas, Govinda R. Timilsina, and Siqi Zheng
The World Bank, September 2009
Objectives: Theoretical Modeling
Geographic Focus: Asia and OceaniaFor Economists

An Experimental Analysis of Auctioning Emissions Allowances under a Loose Cap

Abstract: The direct sale of emissions allowances by auction is an emerging characteristic of cap-and-trade programs. This study is motivated by the observation that all of the major implementations of cap-and- trade regulations for the control of air pollution have started with a generous allocation of allowances relative to recent emissions histo ...
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William Shobe, Karen Palmer, Erica Myers, Charles Holt, Jacob Goeree, and Dallas Burtraw
Resources for the Future Discussion Paper 09-25, June 2009
Objectives: Theoretical Modeling,Policies & Legislation
Geographic Focus: US OnlyFor Economists

Assessing the Costs of Regulatory Proposals for Reducing U.S. Greenhouse Gas Emissions

"This issue brief examines the cost of domestic policies for reducing CO2 and other GHG emissions based on existing analyses by EIA and MIT that attempt to model the economic impacts of various national emissions-mitigation scenarios."
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Joseph E. Aldy
Resources for the Future: November 2007
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US OnlyFor Economists|For the Public

Assessment of Macro Economic Transmission Mechanisms of Carbon Constraints Through the UK Economy

From the Introduction:  "The objective of this study is to analyse theoretically how carbon budgets (limits on the UK's emissions of carbon dioxide) affect the UK economy at a macroeconomic level. To this end it considers how a range of measures to meet the carbon budgets affect production and consumption in different sectors, and how these chang ...
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Christopher Pissarides
London School of Economics, London, UK, August 2008 ??????????????????????????
Objectives: Forecasting Impacts,Evaluating Programs
Geographic Focus: EU and Member StatesFor Economists|For Specialized Analysts

Australia's Low Pollution Future: The Economics of Climate Change Mitigation

"This report presents the results of the Treasury's economic modelling of the potential economic impacts of reducing emissions over the medium and long term. It spans global, national and sectoral scales, and looks at distributional impacts, such as the implications of emission pricing for the goods and services that households consume. ...
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Offices of the Australian Treasurer and the Minister for Climate Change and Water
Parkes Act, AU: The Treasury, Austyralian Government. 30 October 2008
Objectives: Theoretical Modeling,Forecasting Impacts,Policies & Legislation,Evaluating Proposals
Geographic Focus: Asia and OceaniaFor Economists|For Specialized Analysts|For the Public

Baltic Sea Region Testing Ground Facility (TGF)

From the Overview:  "For the past five years, the Nordic Environment Finance Corporation (NEFCO) has been an active participant in the project-based segment of the carbon markets which have mobilised significant new investments for climate change mitigation. The Baltic Sea Region Testing Ground Facility (TGF), a pioneering regional carbon fund ma ...
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Ash Sharma and Hanna-Mari Ahonen i
Nordic Environment Finance Corporation, Helsinki, Finland, March 2010
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs,Evaluating Proposals
Geographic Focus: EU and Member States,Rich and Poor NationsFor Economists|For Specialized Analysts

Benchmarking in the EU: Lessons from the EU Emissions Trading System for the Global Climate Change A...

This CEPS Task Force Report identifies the key issues arising from the current benchmarking exercise under the EU ETS and analyses the principal controversial topics on benchmark-based allocation, leading to a number of concrete recommendations. In addition, the report examines the origins and experiences of earlier exercises and draws so ...
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Christian Egenhofer and Anton Georgiev
Centre for European Policy Studies, Brussels, Belgium, June 2010
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other Countries,EU and Member StatesFor Economists|For Specialized Analysts

Bringing Residential Energy Efficiency to Scale

From the Introduction:  "For more than thirty years, state energy officials have played a leading role in developing and implementing energy efficiency retrofit programs in residential buildings. The experience from these programs, such as the Weatherization Assistance Program for low-income families, is an important resource for the Obama admini ...
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The Energy Programs Consortium
The Energy Programs Consortiium, Washington DC, August 2009
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs
Geographic Focus: US OnlyFor Economists|For Specialized Analysts

Building a Green Economy

Nobel Prize winning economist Paul Krugman provides a review of climate change economics and then discusses the processes of - and logic for -building a green conomy in the United States now, while facing 10% unemployment.  This article from the New York Times Magazine is accompanied by readers' comments which contain many other arguments, pro and ...
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Krugman, Paul
New York Times Sunday Magazine, April 5, 2010
Objectives: Theoretical Modeling,Forecasting Impacts,Policies & Legislation
Geographic Focus: US and Other CountriesFor the Public

Carbon Capture and Storage Technologies in the European Power Market

This paper models the impact of carbon capture and storage technologies on European electricity markets. Though written with a European focus, the paper also provides useful analysis for CCS technology use in the U.S.Abstract:"We examine the potential of Carbon Capture and Storage (CCS) technologies in the European electricity markets, assessing wh ...
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Rolf Golombek, Mads Greaker, Sverre A.C Kittelsen, Ole Røgeberg and Finn Roar Aune
Statistics Norway, Research Paper, Discussion Papers No. 603, Kongsvinger, Norway: December 2009
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor NationsFor Economists

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