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| Jotzo, Frank; Betz, Regina. |
| A detailed proposal for an economy-wide emissions trading scheme in Australia was tabled by the government in December 2008 with a proposed start date for mid-2010. The government proposes unilateral linking, with no initial bilateral linkages, through the clean development mechanism and joint implementation. The proposal has resulted in serious concern about significant permit price increases and price capping, leading to a ban on permit sales. This research paper evaluates the proposed Australian scheme in relation to international emissions trading and linkages. Different scenarios for the Australian permit price under unilateral linking are considered. Options for bilateral linking with the European Union and New Zealand schemes are also evaluated,... |
| Tipo: Report |
Palavras-chave: Climate change policy; Australia; Emissions trading; International linkages; Environmental Economics and Policy; Resource /Energy Economics and Policy. |
| Ano: 2009 |
URL: http://purl.umn.edu/94814 |
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| Toman, Michael; Morgenstern, Richard D.; Anderson, John W.. |
| This paper focuses on the economic desirability of the fixed and relatively short-term greenhouse gas targets and timetables in the Kyoto Protocol. The Protocol provides flexibility in which greenhouse gases to control, where control can be implemented, and what domestic policy measures are used. However, the Protocol does not allow much flexibility in when emission reductions take place in pursuit of longer-term environmental goals. Nor does it allow more flexible shorter-term environmental targets through price-based policy instruments that balance environmental goals and compliance costs. The relative inflexibility of the Protocol with respect to these elements may derive, in part, from a misplaced analogy between the global warming issue and the highly... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Climate change policy; Kyoto Protocol; Environmental Economics and Policy; Q28. |
| Ano: 1999 |
URL: http://purl.umn.edu/10763 |
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| van Benthem, Arthur A.; Kerr, Suzi. |
| Voluntary opt-in programs to reduce emissions in unregulated sectors or countries have spurred considerable discussion. Since any regulator will make errors in predicting baselines and participants will self-select into the program, adverse selection will reduce efficiency and possibly environmental integrity. In contrast, pure subsidies lead to full participation but require large financial transfers. We present a simple model to analyze this trade-off between adverse selection and infra-marginal transfers. We find that increasing the scale of voluntary programs both improves efficiency and reduces transfers. We show that discounting (paying less than full value for offsets) is inefficient and cannot be used to reduce the fraction of offsets that are... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy; Deforestation; Offsets; Adverse selection; REDD; Climate change policy; Opt-in.. |
| Ano: 2011 |
URL: http://purl.umn.edu/100569 |
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| Golub, Alla A.; Hertel, Thomas W.; Sohngen, Brent. |
| The goal of this work is to investigate land-use change at the global scale over the long run particularly in the context of analyzing the fundamental drivers behind land-use related GHG emissions. For this purpose, we identify the most important drivers of supply and demand for land. On the demand side, we begin with a dynamic general equilibrium (GE) model that predicts economic growth in each region of the world, based on exogenous projections of population, skilled and unskilled labor and technical change. Economy-wide growth is, in turn, translated into consumer demand for specific products using an econometrically estimated, international cross-section, demand system that permits us to predict the pattern of future consumer demands across the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land use; Climate change policy; Baseline; General equilibrium; Agro-ecological zones; C68; R14; Q24; Land Economics/Use. |
| Ano: 2007 |
URL: http://purl.umn.edu/9910 |
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