The Design of Climate Policy

The Design of Climate Policy

These essays by leading international economists in this book offer insights on both these concerns.

Author: Roger Guesnerie

Publisher:

ISBN: 0262274507

Category: Business & Economics

Page: 397

View: 323

Debates over post-Kyoto Protocol climate change policy often take note of two issues: the feasibility and desirability of international cooperation on climate change policies, given the failure of the United States to ratify Kyoto, and the very limited involvement of developing countries; and the optimal timing of climate policies. These essays by leading international economists in this book offer insights on both these concerns. The book first considers the appropriate institutions for effective international cooperation on climate change, proposing an alternative to the Kyoto arrangement and a theoretical framework for such a scheme. The discussions then turn to the stability of international environmental agreements, emphasizing the logic of coalition forming (including the applicability of game-theoretical analysis). Finally, contributors address both practical and quantitative aspects of policy design, offering theoretical analyses of such specific policy issues as intertemporal aspects of carbon trade and the optimal implementation of a sequestration policy and then using formal mathematical models to examine policies related to the rate of climate change, international trade and carbon leakage, and the shortcomings of the standard Global Warming Potential index.ContributorsPhilippe Ambrosi, David F. Bradford, Barbara Buchner, Carlo Carraro, Parkash Chander, St�phane De Cara, Damien Demailly, A. Denny Ellerman, Johan Eyckmans, Michael Finus, Elodie Galko, Roger Guesnerie, Jean-Charles Hourcade, Pierre-Alain Jayet, Gilles Lafforgue, Bernard Magn�, Sandrine Mathy, Michel Moreaux, Sushama Murty, William A. Pizer, Philippe Quirion, Katrin Rehdanz, P. R. Shukla, Jaemin Song, Ian Sue Wing, Sylvie Thoron, Richard S. J. Tol, Henry Tulkens
Categories: Business & Economics

The Design and Implementation of US Climate Policy

The Design and Implementation of US Climate Policy

The Design of Climate Policy (CESifo Seminar Series). Cambridge, MA: MIT Press. McKinsey and Company. 2007. Reducing US Greenhouse Gas Emissions: How Much at What Cost? June. Available at http://www.mckinsey.com/Client_Service/ ...

Author: Don Fullerton

Publisher: University of Chicago Press

ISBN: 9780226269146

Category: Business & Economics

Page: 331

View: 357

"This book contains the proceedings of an NBER conference held in Washington, DC, on May 13-14, 2010"--Page 3.
Categories: Business & Economics

Climate Policy and Nonrenewable Resources

Climate Policy and Nonrenewable Resources

In this volume, economists investigate the empirical and theoretical support for the green paradox.

Author: Karen Pittel

Publisher: MIT Press

ISBN: 9780262319843

Category: Business & Economics

Page: 304

View: 340

A detailed and rigorous analysis of the effect of climate policies on climate change that questions the empirical and theoretical support for the “green paradox.” Recent developments suggest that well-intended climate policies—including carbon taxes and subsidies for renewable energy—might not accomplish what policy makers intend. Hans-Werner Sinn has described a “green paradox,” arguing that these policies could hasten global warming by encouraging owners of fossil fuel reserves to increase their extraction rates for fear that their reserves will become worthless. In this volume, economists investigate the empirical and theoretical support for the green paradox. Offering detailed and rigorous analyses of the forces and assumptions driving Sinn's argument, the contributors consider whether rising carbon tax rates inevitably speed up climate change; the effects of the design of resource markets, the availability of clean substitutes, and the development of new technologies; and the empirical evidence (or lack thereof) for the green paradox result. They consider extraction costs; sustainability and innovation; timing, announcement effects, and time consistency in relation to policy measures; and empirical results for the green paradox phenomena under several alternative policy measures. Contributors Julien Daubanes, Corrado Di Maria, Carolyn Fischer, Florian Habermacher, Michael Hoel, Darko Jus, Gebhard Kirchgassner, Ian Lange, Pierre Lasserre, Volker Meier, Karen Pittel, Stephen Salant, Frank Stähler, Gerard van der Meijden, Frederick van der Ploeg, Edwin van der Werf, Ngo Van Long, Ralph A. Winter, Cees Withagen
Categories: Business & Economics

Economics Game Theory And International Environmental Agreements The Ca Foscari Lectures

Economics  Game Theory And International Environmental Agreements  The Ca  Foscari Lectures

Eyckmans, J. and Finus, M. 2008, “Transfer schemes and institutional changes for sustainable global climate treaties”, Chapter 6 (pp. 103–136) in Guesnerie R. and Tulkens, H. (eds.), The Design of Climate Policy, CESifo Seminar Series, ...

Author: Henry Tulkens

Publisher: World Scientific

ISBN: 9789813141247

Category: Business & Economics

Page: 460

View: 429

The science and management of environmental problems is a vast area, comprising both the natural and social sciences, and the multidisciplinary links often make these issues challenging to comprehend. Economics, Game Theory and International Environmental Agreements: The Ca' Foscari Lectures aims to introduce students to the multidimensional character of international environmental problems in general, and climate change in particular.Ecology, economics, game theory and diplomacy are called upon and brought together in the common framework of a basic mathematical model. Within that framework, and using tools from these four disciplines, the book develops a theory that aims to explain and promote cooperation in international environmental affairs.Other books on the topic tend to be research-oriented volumes of various papers. Instead, this is a book that offers a reasonably-sized synthesis of the multidimensional societal problems of transfrontier pollution, particularly of climate change. It uses mathematical modeling of economic and game theory concepts to examine these environmental issues and demonstrate many results in an accessible fashion. Readers interested in understanding the links between ecology and economics, as well as the connection between economics and institutional decision-making, will find in this text not only answers to many of their queries but also questions for further thinking.
Categories: Business & Economics

Consumption Based Approaches in International Climate Policy

Consumption Based Approaches in International Climate Policy

In: Guesnerie R, Tulkens H (eds) The design of climate policy, papers from a summer institute held in Venice, CESifo Seminar Series. The MIT Press, Boston, MA Dong Y, Whalley J (2009) How large are the impacts of carbon motivated border ...

Author: Christian Lininger

Publisher: Springer

ISBN: 9783319159911

Category: Science

Page: 249

View: 400

This book analyses the potentials and consequences of a change from production-based to consumption-based approaches in international climate policy. With the help of an analytical model, the author investigates the effects of different policy variants on environmental effectiveness, cost-effectiveness, carbon leakage, competitiveness and the global distribution of income. The economic, legal and political background and the often contradictory findings on consumption-based approaches are reviewed in great detail. In the final chapters, options for practical policy design are developed. The book concludes that a switch to consumption orientation is not a policy tool whereby industrialized countries can unilaterally improve climate policy effectiveness, but should rather be seen as a possible intermediate step on the way to a fully multilateral mitigation strategy.
Categories: Science

Carbon Leakage from a Nordic Perspective

Carbon Leakage from a Nordic Perspective

(2011) - Cooperative and non-cooperative solutions to carbon leakage Babiker (2005) - Climate change policy, ... editors, The Design of Climate Policy, papers from a Summer Institute held in Venice, CESifo Seminar Series, ...

Author: Sigurd Næss-Schmidt

Publisher: Nordic Council of Ministers

ISBN: 9789289323055

Category: Nature

Page: 88

View: 862

Categories: Nature

Energy Tax and Regulatory Policy in Europe

Energy Tax and Regulatory Policy in Europe

This volume aims to fill this need, offering concise introductions to some of the major issues as well as practical suggestions for policy making.

Author: Ian Parry

Publisher: MIT Press

ISBN: 9780262340908

Category: Business & Economics

Page: 408

View: 959

Concise introductions to the main issues in energy policy and their interaction with environmental policies in the EU. The European Union (EU) faces critical challenges in energy policy making, the most pressing of which are how to achieve the deep greenhouse gas reductions promised at the December 2015 UN Conference of the Parties in Paris, and how this effort can be coordinated with already existing policies. Energy policy is primarily a member state responsibility, and policy makers need an overarching view of the main issues in energy policy and their interaction with environmental policies. This volume aims to fill this need, offering concise introductions to some of the major issues as well as practical suggestions for policy making. The contributors discuss reforms to the EU Emissions Trading System (ETS), the world's largest carbon market; ways to improve the operation and integration of the EU's power grids, in terms of both supply and demand; changes to the EU's Energy Tax Directive, which sets tax floors for fuels outside the ETS; the coordination of climate policies with policies to promote renewables and energy efficiency; research into clean technology; challenges to shale gas development; and transportation policy and the need for action on such externalities as traffic congestion. Finally, contributors consider obstacles to reform, including its potential effects on vulnerable households and energy-intensive industries. Contributors Mikael Skou Andersen, Niels Anger, Bruno De Borger, Antoine Dechezleprêtre, Jos Delbeke, Ottmar Edenhofer, Christian Flachsland, Beatriz Gaitan, Polona Gregorin, Cameron Hepburn, Alan Krupnick, Andreas Löschel, Claudio Marcantonini, Felix Christian Matthes, Paul Nahmmacher, Ian Parry, Karen Pittel, David Popp, Stef Proost, Christina Roolfs, Bert Saveyn, Oliver Schenker, Stephen Smith, Alexander Teytelboym, Kurt Van Dender, Herman Vollebergh, Nils-Henrik M. von der Fehr, Zhongmin Wang, Georg Zachmann
Categories: Business & Economics

Political Economy and Instruments of Environmental Politics

Political Economy and Instruments of Environmental Politics

This volume offers conceptual, empirical, and theoretical analyses of the effectiveness of these policy instruments in achieving environmental goals.

Author: Friedrich Schneider

Publisher: MIT Press

ISBN: 9780262329743

Category: Business & Economics

Page: 296

View: 763

Conceptual, empirical, and theoretical analyses of the effectiveness of market-based policy instruments in achieving environmental goals. Economists argue that such market-based policy instruments as environmental taxes and emission trading systems are the best way to target the negative effects of pollution. Yet there is no agreement about whether the use of these instruments is sufficient, whether they are deployed efficiently, and which factors influence their effectiveness. Nor is it clear if such policies have had any significant effect on the urgent matter of climate change mitigation. This volume offers conceptual, empirical, and theoretical analyses of the effectiveness of these policy instruments in achieving environmental goals. Taken together, the chapters not only identify shortcomings of existing policy making, but also point to ways in which more effective policy design can help solve one of the most pressing problems of our time. The contributors consider such topics as theoretical approaches to address the failure of the free market to protect the environment, the influence of people's trust in their government on their willingness to accept higher environmental taxes, political determinants of fossil fuel pricing, a game theoretic approach to understanding domestic political constraints on international environmental agreements, and intergenerational equity and carbon taxation. Contributors Elisa Belfiori, Frank J. Convery, Peter Egger, Denny Ellerman, Dominic Hauck, Philipp Hieronymi, Andrea Kollmann, Sonja Köke, Andreas Lange, Antony Millner, Francesco Nicolli, Sergey Nigai, Johannes Reichl, David Schüller, Jon Strand, Cees van Beers, Francesco Vona
Categories: Business & Economics

The Economics of Conflict

The Economics of Conflict

CESifo Seminar Series Edited by Hans-Werner Sinn The Design of Climate Policy Roger Guesnerie and Henry Tulkens, editors Poverty, Inequality, and Policy in Latin America Stephan Klasen and Felicitas Nowak-Lehmann, editors Guns and ...

Author: Karl Wärneryd

Publisher: MIT Press

ISBN: 9780262026895

Category: Business & Economics

Page: 285

View: 138

Economists offer a rational-choice perspective on conflict, using approaches that range from the game theoretic to the experimental.
Categories: Business & Economics

The Design of Climate Policy

The Design of Climate Policy

The design of climate policy / edited by Roger Guesnerie and Henry Tulkens . p . ( CESifo seminar series ) Includes bibliographical references and index . ISBN 978-0-262-07302-8 ( hardcover : alk . paper ) 1.

Author: R. Guesnerie

Publisher: Mit Press

ISBN: STANFORD:36105132234449

Category: Business & Economics

Page: 397

View: 758

Leading economists offer theoretical, quantitative, and policy perspectives on climate policy. Debates over post-Kyoto Protocol climate change policy often take note of two issues: the feasibility and desirability of international cooperation on climate change policies, given the failure of the United States to ratify Kyoto, and the very limited involvement of developing countries; and the optimal timing of climate policies. These essays by leading international economists in this book offer insights on both these concerns. The book first considers the appropriate institutions for effective international cooperation on climate change, proposing an alternative to the Kyoto arrangement and a theoretical framework for such a scheme. The discussions then turn to the stability of international environmental agreements, emphasizing the logic of coalition forming (including the applicability of game-theoretical analysis). Finally, contributors address both practical and quantitative aspects of policy design, offering theoretical analyses of such specific policy issues as intertemporal aspects of carbon trade and the optimal implementation of a sequestration policy and then using formal mathematical models to examine policies related to the rate of climate change, international trade and carbon leakage, and the shortcomings of the standard Global Warming Potential index. Contributors Philippe Ambrosi, David F. Bradford, Barbara Buchner, Carlo Carraro, Parkash Chander, Stéphane De Cara, Damien Demailly, A. Denny Ellerman, Johan Eyckmans, Michael Finus, Elodie Galko, Roger Guesnerie, Jean-Charles Hourcade, Pierre-Alain Jayet, Gilles Lafforgue, Bernard Magné, Sandrine Mathy, Michel Moreaux, Sushama Murty, William A. Pizer, Philippe Quirion, Katrin Rehdanz, P. R. Shukla, Jaemin Song, Ian Sue Wing, Sylvie Thoron, Richard S. J. Tol, Henry Tulkens
Categories: Business & Economics