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Registros recuperados: 9
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An Evaluation of Integrated Climate Protection Policies for the United States Ecology and Society
Bernow, Stephen; Tellus Institute; sbernow@tellus.org; Duckworth, Max; Tellus Institute; maxd@tellus.org.
This paper presents and discusses an integrated set of policies designed to reduce U.S. carbon emissions over the next four decades. This innovation path also aims to promote environmental quality, particularly by reducing emissions of criteria air pollutants, to reduce U.S. dependence on imported oil, and to induce technological innovation and diffusion in energy production and consumption. The innovation path would reduce economy-wide carbon emissions by 26% below baseline projections for 2010 and by 62% below baseline projections for 2030; this translates into 10% below 1990 levels in 2010 and 45% below 1990 levels in 2030. Emissions of criteria pollutants also would be significantly reduced, as would petroleum imports by the United States. Moreover,...
Tipo: Peer-Reviewed Reports Palavras-chave: Air pollutants; Carbon emissions; Climate change policy; Costs and benefits; Innovation path analysis; U.S. economy..
Ano: 1998
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Bigger is Better: Avoided Deforestation Offsets in the Face of Adverse Selection AgEcon
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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Climate Change Economics and Policy in the Asia Pacific AgEcon
Jotzo, Frank.
The Asia-Pacific region is the major source of global growth in greenhouse gas emissions. Strong action is needed in Asian countries, particularly China and India, to reduce these global emissions. Driven by the desire to limit energy consumption, some Asian countries already have domestic policies to limit greenhouse gas emission. But much more ambitious policies are needed to turn emission trends around. This research report examines the implications of international efforts to mitigate the impacts of human activity on climate in the Asia-Pacific region.
Tipo: Report Palavras-chave: Climate change policy; Indonesia; CDM; Central-local coordination; Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/94811
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Essays on the Economics of Environmental Management and Green Reputation AgEcon
Komarek, Timothy M..
Many governments, firms, institutions and individuals have become increasingly cognizant of their impact on the environment, most notably with respect to global climate change. This coupled with a threat of future regulation and a desire for a ‘green’ image, among other reasons, has led firms and institutions to begin critically evaluating and managing their own “carbon footprint”. Effective programs to manage greenhouse gas emissions (GHG) benefit from understanding the preferences of the constituents the program intends to serve. This study uses a survey at Michigan State University to examine the preferences of constituents (students, faculty and staff) for attributes of alternative greenhouse gas (GHG) reduction strategies. The first essay examines...
Tipo: Thesis or Dissertation Palavras-chave: 'Green' reputation; Pro-environmental behavior; Conjoint analysis; Climate change policy; Choice experiment; Institution; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q40; Q42; Q51.
Ano: 2010 URL: http://purl.umn.edu/98248
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Linking the Australian Emissions Trading Scheme AgEcon
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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Projecting Supply and Demand for Land in the Long Run AgEcon
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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The Economics of "When" Flexibility in the Design of Greenhouse Gas Abatement Policies AgEcon
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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The role of real options analysis in the design of a greenhouse gas emissions trading scheme AgEcon
Lambie, Neil Ross.
Analysing the effect of a greenhouse gas emissions trading scheme (ETS) on energy-intensive industries using a simple model of the long-run equilibrium fails to fully capture the design implications of a scheme. When we allow for imperfect market structures and uncertainty, it is more useful to focus on how an industry is affected by the scheme’s design in moving to its long-run equilibrium. A real options modelling approach that analyses how firms in these industries are likely to respond to an ETS through their investment behaviour is proposed as a more insightful method for public policy analysis.
Tipo: Conference Paper or Presentation Palavras-chave: Climate change policy; Emissions trading; Investment; Real options; Environmental Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/47626
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Valuation of Carbon Forestry and the New Zealand Emissions Trading Scheme: A Real Options Approach Using the Binomial Tree Method AgEcon
Tee, James; Scarpa, Riccardo; Marsh, Dan; Guthrie, Graeme.
Under the New Zealand Emissions Trading Scheme, new forests planted on/after 1st January 1990 can earn carbon credits. These credits have to be repaid upon forest harvest. This paper analyses the effects of this carbon scheme on the valuation of bareland, on which radiata pine is to be planted. NPV/LEV and Real Options methods are employed, assuming stochastic timber and carbon prices. Valuation increases significantly and rotation age is likely to be lengthened. We include a scenario analysis of potential implications of rotation age lengthening on carbon stock management in New Zealand.
Tipo: Presentation Palavras-chave: Emissions Trading Scheme (ETS); Climate change policy; Kyoto Protocol; Real options; Carbon forestry; Tradable permit; Demand and Price Analysis; Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy; Risk and Uncertainty; Q23; Q28; Q54.
Ano: 2012 URL: http://purl.umn.edu/123665
Registros recuperados: 9
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