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Climate Policies and Anti-Climate Policies
Although there is a clear trend towards stronger climate policies across a wide range of countries, another much less recognized but no less significant trend is the continued introduction of policies that increase net greenhouse gas emissions. This article introduces the concept of “anti-climate policy” as a means of focusing attention on these, and ...
Hugh Compston, Ian Bailey
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Discounting and Climate Policy [PDF]
The social rate of discount is a crucial driver of the social cost of carbon (SCC), that is, the expected present discounted value of marginal damages resulting from emitting one ton of carbon today. Policy makers should set carbon prices to the SCC using a carbon tax or a competitive permits market. The social discount rate is lower and the SCC higher
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Climate policy integration as a necessity for an efficient climate policy [PDF]
Significant changes in production processes and consumption patterns are required if high-consumption societies are to tackle climate change. These changes will not be achieved unless climate change is taken into account in the general and sector-specific policies that underlie economic activity and general social development.
Mickwitz, P +11 more
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The decarbonisation policies for the EU building stock can improve living conditions, including thermal comfort and lower energy bills. However, these measures may impose financial burdens on low-income households, reducing their disposable income and ...
Ivana Rogulj +4 more
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In the presence of strategic complementarities stemming from peer effects in demand or from technological spill-overs, propagation and amplification mechanisms increase the effectiveness of climate policies. This suggests that climate goals can be met with smaller policy interventions.
Van Der Ploeg, Frederick +1 more
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Democratic inclusiveness, climate policy outputs, and climate policy outcomes [PDF]
In an ideal inclusive political system, all citizens are equally able to influence and challenge policies. We focus on how inclusiveness affects climate policies and outcomes. We argue that more inclusive systems should produce more policies in response to environmental threats and should have better outcomes.
Böhmelt, Tobias +2 more
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Climate Policy Without Commitment [PDF]
Climate mitigation policy should be imposed over a long period, and spur development of new technologies in order to make stabilization of green house gas concentrations economically feasible. The government may announce current and future policy packages that stimulate current R&D in climate-friendly technologies.
Rolf Golombek +2 more
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Does a change in the ‘global net zero’ language matter?
Non-technical summary Changes in language used in long term climate policy can undermine their credibility and discourage climate action. Previous IPCC reports have promoted an idea of reaching ‘global net zero’ (GNZ) emissions by 2050 in order to limit
Hannah Parris +2 more
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Optimal Climate Policy in the Presence of Another Country’s Climate Policy [PDF]
The allowances in an emission trading system (ETS) are commonly allocated for free to the emission-intensive and trade-exposed sector, e.g., in the form of output-based allocation (OBA). Recently an approach combining OBA with a consumption tax has been proposed to mitigate carbon leakage. This paper evaluates the potential outcome in a game of climate
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The role of policies in reducing the cost of capital for offshore wind
Summary: Offshore wind will play a critical role in decarbonizing Europe’s energy infrastructure. Nevertheless, according to recent financing cost surveys, its investment risk expressed as the cost of capital (CoC) is higher than for onshore wind and ...
Mak Đukan +3 more
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