Climate Change Library Library g. Pure Economics and Theory Effects of Different Regulations Climate Change Library
Effects of Different Regulations
10 Years of Experience in Carbon Finance Insights From Working With Carbon Markets for Development &...
This report from The World Bank provides an overview of the Bank’s
experience in working with the Kyoto Protocol’s flexibility mechanisms, particularly
the Clean Development Mechanism (CDM) and Joint Implementation (JI).
"The World Bank suggests that scaling up the CDM,
including through developing programmes of activities, will requi ...
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The World Bank
The World Bank, Washington, D.C., December 2009
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|For the Public
A Copenhagen Collar: Achieving Comparable Effort Through Carbon Price Agreements
From the Executive Summary: The financial crisis and deep recession illustrate the unforeseen macroeconomic conditions through which climate policy must endure if it is to stabilize concentrations of greenhouse gases over the long run. It has made voters uneasy about climate policy that could raise energy costs and unemployment, even though the ...
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Warwick McKibbin, Adele Morris, and Peter Wilcoxen
The Brookings Institution, Washington, D.C., 2009
Objectives: Forecasting Impacts,Policies & Legislation
Geographic Focus: US and Other Countries,EU and Member States,Asia and OceaniaFor Economists|For Specialized Analysts
A Polycentric Approach for Coping with Climate Change
From the Abstract: "This paper proposes an alternative approach to addressing the complex problems of climate change caused by greenhouse gas emissions. The author, who won the2009 Nobel Prize in Economic Sciences, argues that single policies adopted only at a global scale are unlikely to generate sufficient trust among citizens and firms so tha ...
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Elinor Ostrom
The World Bank, Washington D.C., October 2009
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs,Analyzing Opinions & Attitudes
Geographic Focus: US OnlyFor Economists|For Specialized Analysts
A Realistic Policy on International Carbon Offsets
From the Summary: "As the United States designs its strategy for regulating emissions of greenhouse gases, two central issues have emerged. One is how to limit the cost of compliance while still maintaining environmental integrity. The other is how to “engage” developing countries in serious efforts to limit emissions. Industry and economists ar ...
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Michael W. Wara and David G. Victor
Program on Energy and Sustainable Development, Stanford, CA, April 2008
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs,Analyzing Opinions & Attitudes
Geographic Focus: US and Other CountriesFor Economists|For Specialized Analysts
A Taxonomy of Instruments to Reduce Greenhouse Gas Emissions and their Interactions
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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Romain Duval
Organisation for Economic Co-operation and Development Economics Department Working Paper No. 636, September 2008
Objectives: Theoretical Modeling,Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor NationsFor Economists|For the Public
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
Adaptation, Mitigation and "Green" R&D to Combat Global Climate Change: Insights From an Empirical I...
This paper uses macro-economic analysis to model the relationship between adaptation, mitigation, and R&D policies.Abstract:"This work develops a framework for the analysis at the macro-level of the relationship between adaptation and mitigation policies. The FEEM-RICE growth model with stock pollution, endogenous R&D investment and emission abatem ...
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Francesco Bosello
Fondazione Eni Enrico Mattei, Venice, Italy: 2010
Objectives: Theoretical Modeling,Policies & Legislation
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
Analytical General Equilibrium Effects of Energy Policy on Output and Factor Prices
This paper models the effect of energy policy on households in the US economy.Abstract:Using an analytical general equilibrium model, we find closed form solutions for the effect of energy policy on factor prices and output prices. We calibrate the model to the US economy, and we consider a tax on carbon. By looking at expenditure and income patter ...
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Don Fullerton, Garth Heutel
National Bureau of Economic Research, Cambridge, MA: February 2010.
Objectives: Theoretical Modeling,Policies & Legislation
Geographic Focus: US and Other CountriesFor Economists
Are Compact Cities Environmentally Friendly?
This paper models the carbon impacts of compact cities.Abstract:"There is a large consensus among international institutions and national governments to favor urban-containment policies - the compact city - as a way to improve the ecological performance of the urban system. This approach overlooks a fundamental fact: what matters for the ecological ...
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Carl Gaigné, Stéphane Riou, and Jacques-François Thisse
Centre de Recherches Économiques de l'Université de Saint-Étienne (CREUSET),Saint-Étienne, France: 24 January 2010
Objectives: Theoretical Modeling,Policies & Legislation
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
Auctioning Greenhouse Gas Emissions Permits in Australia
This paper discusses permit allocation schemes in cap-and-trade systems.
Abstract:
"The allocation of permits is an important design aspect of an emissions trading scheme. Traditionally, governments have favoured a free allocation of greenhouse gas permits based on individual historical emissions (“grandfathering”) or indust ...
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Regina Betz, Stefan Seifert, Peter Cramton and Suzi Kerr
Environmental Economics Research Hub Research Reports, Canberra: 22 May 2009.
Objectives: Policies & Legislation
Geographic Focus: US and Other Countries,Asia and OceaniaFor Economists|For Specialized Analysts
Auctioning Greenhouse Gas Emissions Permits in Australia
This paper discusses possible designs for Australia's CPRS carbon emissions auctioning scheme.Abstract:"The allocation of permits is an important design aspect of an emissions trading scheme. Traditionally, governments have favoured the free allocation of greenhouse gas permits based on individual historical emissions (‘grandfathering’) or industry ...
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Regina Betz, Stefan Seifert, Peter Cramton, and Suzi Kerr
The Australian Journal of Agricultural and Resource Economics, vol. 54, Melbourne, Australia: April 2010
Objectives: Policies & Legislation,Evaluating Proposals
Geographic Focus: Asia and OceaniaFor 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
“Flexible Mechanisms in Support of a New Climate Change Regime: The Clean Development Mechanism an...
"This report is based on discussions in the CEPS Task Force on the Clean
Development Mechanism and Future Flexible Mechanisms post-2012, chaired
by Ulrika Raab, Senior Advisor at the Swedish Energy Agency. It was
assumed that flexible mechanisms will play a crucial role in
facilitating a positive outcome in the UN climate change negotiations
i ...
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Noriko Fujiwara
Centre for European Policy Studies, Brussels, Belgium, December 2009
Objectives: Forecasting Impacts,Policies & Legislation
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor NationsFor Economists|For Specialized Analysts
“The Caribbean and Climate Change: The Costs of Inaction”
"Commissioned by Environmental Defense Fund (EDF), this is the first detailed analysis of the potential economic effects of continued climate change for the entire Caribbean region ....The costs of inaction...are the potential savings from acting in time to prevent the worst economic consequences of climate change."
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Ramón Bueno, Cornelia Herzfeld, Elizabeth A. Stanton, and Frank Ackerman
Global Development And Environment Institute Tufts University: June 2008
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US and Other CountriesFor Economists|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
Biofuels Subsidies and the Green Paradox
This paper discusses the green paradox, in which renewables stimulate fossil fuel consumption, and biofuel subsidies.Abstract:"This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than off ...
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R. Quentin Grafton, Tom Kompas, Ngo Van Long
CESIFO Working Paper No. 2960, Munich, Germany: February 2010.
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
Building Business Resilience to Inevitable Climate Change: Carbon Disclosure Project Report
This report examines the reticence of the mining industry to come to terms with the risks and challenges of climate change to their operations and future effectiveness.
From the Executive Summary: "The existence of uncertainties regarding the business risks arising from climate change, should by itself act as a catalyst for companies to
q ...
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Acclimatize
Acclimatize, Oxford, UK, 2010
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs,Analyzing Opinions & Attitudes
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor Nations,Asia and Oceania,Africa,Latin AmericaFor Economists|For Specialized Analysts
Buy Coal? Deposit Markets Prevent Carbon Leakage
This paper discusses the impact of international climate coalitions on fossil fuel and renewables use.
Abstract:
"If a coalition of countries implements climate policies, nonparticipants tend to consume more, pollute more, and invest too little in renewable energy sources. In response, the coalition's equilibrium policy dist ...
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Bård Harstad
National Bureau of Economic Research Working Paper No. 16119, New York City: 18 June 2010
Objectives: Theoretical Modeling
Geographic Focus: US and Other CountriesFor Economists
California Climate Risk and Response
While a lot has been written about California's efforts to address climate change and potential economic gains, there has been limited economic analysis of the state's climate risk. This report addresses the impact of climate change if the state continues business-as-usual economic activity and the costs of the adaptation needed to cope with unavoi ...
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Kahrl, Fredrich, and David Roland-Holst
Berkeley, CA: U. of California Center For Energy, Resources, And Economic Sustainability. Research Paper No. 08102801: November 2008
Objectives: Forecasting Impacts,Evaluating ProposalsFor the Public
Can Pollution Tax Rebates Protect Low-Income Families? The Effects of Relative Wage Rates
This paper models the effects of pollution prices on low-income workers.
Abstract:
"Pollution taxes are believed to burden low-income households that spend a greater than average share of income on pollution-intensive goods. Some propose to offset that effect by returning revenue to low-income workers via reduced labor tax. ...
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Don Fullerton, Holly Monti
National Bureau of Economic Research, Working Paper 15935, Cambridge, MA: April 2010
Objectives: Theoretical Modeling
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
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