Climate Change Library
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g. Pure Economics and Theory
Incentives and Behaviors This report examines the current state of climate change, offers guidance for the future and a path forward, and finally takes into account the need for climate protection for human development in the third world.
Excerpted from the Key Messages section: "Achieving the necessary 'Great Transformation' to give humanity a reasonable chance t ...
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From the abstract: "This paper reviews alternative (national and international) climate change mitigation policy instruments and interactions across them. Carbon taxes, cap-and-trade schemes, standards and technology-support policies (R&D and clean technology deployment) in particular are assessed according to three broad cost-effectiveness criteri ...
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This set of recommendations (developed by a group of global business leaders from diverse sectors and regions) was created for G8 leaders to consider at their annual summit in Japan. Each is then followed by an in-depth discussion. Excerpted from the report:
Climate change is a serious challenge for the international community,
inclu ...
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This is a collection of articles by leading experts on the relationship between trade and climate change policies. It examines the future interplay between climate, trade policies, and institutions. The collection consists of articles that focus on "international, regional and national policies and institutions relevant to the implementation of ...
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From the Cambridge University Press Website: "Confronting climate change is now understood as a problem of
‘decarbonising' the global economy: ending our dependence on
carbon-based fossil fuels. This book explores whether such a
transformation is underway, how it might be accelerated, and the complex
politics of this process. Given the domi ...
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This paper uses game theory to analyze cooperation issues in global climate change agreements and the behavior of major climate policy actors such as the U.S.
Abstract:
"This survey paper examines the problem of achieving global cooperation to reduce greenhouse gas emissions. Contributions to this problem are reviewed from n ...
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From the Abstract: “Mitigation investments in long-lived capital stock (LLKS) differ from other types of mitigation investments in that, once established, LLKS can lock-in a stream of emissions for extended periods of time. Moreover, historical examples from industrial countries suggest that investments in LLKS projects or networks tend to
be lum ...
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In this book, a leading group of 35 policy experts and scholars show how effective mitigation of climate change will depend on a complex mix of public funds, private investment though carbon markets, and structured incentives that leave room for developing country innovations. This requires sophisticated national and global regulation of cap-and-tr ...
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From the Executive Summary: "The U.S. Congress is in the midst of a debate on regulating greenhouse gas emissions. The Waxman-Markey bill was passed by the House of Representatives on June 26, 2009, and the Senate is likely to probe even more extensively the appropriate design and implications of a system to regulate emissions. Europe has accumu ...
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This paper explores the implications of the growing literature on "happiness" for understanding the relationship between climate change policies and consumption. The authors identify a number of ways in which accounting for the implications of that literature could lead to laws and policies that influence consumption in ways that increase the pros ...
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From the Abstract: "This study analyses the implications of suggestions for the design of post-2012 climate policy regimes on the basis of model simulations. The focus of the analysis, the determination of regional mitigation costs and the technological development in the energy sector, also considers the feedbacks of investment and trade decisi ...
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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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From the Abstract:
"The allure of an environmentally benign, abundant, and cost-eff ective energy source
has led an increasing number of industrialized countries to back public financing of
renewable energies. Germany’s experience with renewable energy promotion is often
cited as a model to be replicated elsewhere, being based on a combination ...
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From the MIT Press Website:
"The United States, once a world leader in
addressing international environmental challenges, became a vigorous
opponent of action on climate change over the past two decades,
repudiating regulation and promoting only ineffectual voluntary actions
to meet a growing global threat. Why has the United States ...
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This paper proposes an international emissions reduction mechanism that uses competition between different nations.
Abstract:
"We propose a simple mechanism capable of achieving international agreement on averting the threat of global warming. It employs a contest creating incentives among participating nations to exert both ...
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Abstract: Energy efficiency and conservation are considered key means for reducing greenhouse gas emissions and achieving other energy policy goals, but associated market behavior and policy responses have engendered debates in the economic literature. We review economic concepts underlying consumer decisionmaking in energy efficiency and conservat ...
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The purpose of this study is to describe and evaluate energy efficiency trends and policies worldwide. The study involved 70 countries over three years.
The first objective was to identify current trends in energy efficiency performance in particular countries and regions at both the macro and regional levels. A selection of indicators is ...
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From the Abstract:
The American Recovery and Reinvestment Act of 2009
(ARRA) included several key funding opportunities for energy efficiency
projects at the local level, including for the first time monies for
the Energy Efficiency and Conservation Block Grant (EECBG) program.(1)
Funding was additionally provided for state energy pr ...
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This paper provides an overview of key economic issues in the use of taxation as an instrument of environmental policy in the UK. It first reviews economic arguments for using taxes and other market mechanisms in environmental policy, discusses the choice of tax base, and considers the value of the revenue from environmental taxes. It is argued tha ...
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"This brochure describes the basic principles of the Renewable Energy Sources Act
and seeks, above all, to place them in the context of the policy debates that have
been taking place. It is demonstrated that many of the arguments often used against
feed-in tariff do not hold water. Above all, the economic arguments rooted in free
market theory ...
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