Global economic implications of alternative climate policy strategies

Research output: Journal contributionsJournal articlesResearchpeer-review

Standard

Global economic implications of alternative climate policy strategies. / Kemfert, Claudia.
In: Environmental Science and Policy, Vol. 5, No. 5, 01.10.2002, p. 367-384.

Research output: Journal contributionsJournal articlesResearchpeer-review

Harvard

APA

Vancouver

Bibtex

@article{af765a0b061f452eab5b63b37d8cb79f,
title = "Global economic implications of alternative climate policy strategies",
abstract = "This paper investigates the world economic implications of climate change policy strategies, and particularly evaluates the impacts of an implementation of clean development mechanisms (CDM), joint implementation (JI) and emissions trading with a world integrated assessment model. Of special interest in this context are welfare spill over and competitiveness effects resulting from diverse climate policy strategies. This study elaborates and compares multi-gas policy strategies and explores the impacts of sink inclusion. We furthermore examine the economic impacts on all world regions of the USA's non-cooperative, free rider position resulting from its recent isolated climate policy strategy decision. It turns out that CDM and JI show evidence of improvement in the economic development in host countries and increase the share of new applied technologies. The decomposition of welfare effects demonstrates that the competitiveness effect (including the spill over effects from trade) have the greatest importance because of the intense trade relations between countries. Climatic effects will have a significant impact within the next 50 years, will cause considerable welfare losses to world regions and will intensify if nations highly responsible for pollution like the USA do not reduce their emissions.",
keywords = "Economics, Global impacts of climate change, Integrated assessment modelling",
author = "Claudia Kemfert",
year = "2002",
month = oct,
day = "1",
doi = "10.1016/S1462-9011(02)00046-1",
language = "English",
volume = "5",
pages = "367--384",
journal = "Environmental Science and Policy",
issn = "1462-9011",
publisher = "Elsevier Ltd",
number = "5",

}

RIS

TY - JOUR

T1 - Global economic implications of alternative climate policy strategies

AU - Kemfert, Claudia

PY - 2002/10/1

Y1 - 2002/10/1

N2 - This paper investigates the world economic implications of climate change policy strategies, and particularly evaluates the impacts of an implementation of clean development mechanisms (CDM), joint implementation (JI) and emissions trading with a world integrated assessment model. Of special interest in this context are welfare spill over and competitiveness effects resulting from diverse climate policy strategies. This study elaborates and compares multi-gas policy strategies and explores the impacts of sink inclusion. We furthermore examine the economic impacts on all world regions of the USA's non-cooperative, free rider position resulting from its recent isolated climate policy strategy decision. It turns out that CDM and JI show evidence of improvement in the economic development in host countries and increase the share of new applied technologies. The decomposition of welfare effects demonstrates that the competitiveness effect (including the spill over effects from trade) have the greatest importance because of the intense trade relations between countries. Climatic effects will have a significant impact within the next 50 years, will cause considerable welfare losses to world regions and will intensify if nations highly responsible for pollution like the USA do not reduce their emissions.

AB - This paper investigates the world economic implications of climate change policy strategies, and particularly evaluates the impacts of an implementation of clean development mechanisms (CDM), joint implementation (JI) and emissions trading with a world integrated assessment model. Of special interest in this context are welfare spill over and competitiveness effects resulting from diverse climate policy strategies. This study elaborates and compares multi-gas policy strategies and explores the impacts of sink inclusion. We furthermore examine the economic impacts on all world regions of the USA's non-cooperative, free rider position resulting from its recent isolated climate policy strategy decision. It turns out that CDM and JI show evidence of improvement in the economic development in host countries and increase the share of new applied technologies. The decomposition of welfare effects demonstrates that the competitiveness effect (including the spill over effects from trade) have the greatest importance because of the intense trade relations between countries. Climatic effects will have a significant impact within the next 50 years, will cause considerable welfare losses to world regions and will intensify if nations highly responsible for pollution like the USA do not reduce their emissions.

KW - Economics

KW - Global impacts of climate change

KW - Integrated assessment modelling

UR - http://www.scopus.com/inward/record.url?scp=0036792584&partnerID=8YFLogxK

U2 - 10.1016/S1462-9011(02)00046-1

DO - 10.1016/S1462-9011(02)00046-1

M3 - Journal articles

AN - SCOPUS:0036792584

VL - 5

SP - 367

EP - 384

JO - Environmental Science and Policy

JF - Environmental Science and Policy

SN - 1462-9011

IS - 5

ER -

Recently viewed

Publications

  1. The role of social cognitive career theory in post-retirement career planning
  2. Stärkung der Qualität der Abschlussprüfung durch die externe Rotationspflicht?
  3. Twitter and its usage for dialogic stakeholder communication by MNCs and NGOs
  4. Die Dynamik tiefgreifenden Wandels in Gesellschaft, Wirtschaft und Unternehmen
  5. The influence of visual texture on perceiving the location of auditory events
  6. Regionalzentren – Bildung für nachhaltige Entwicklung (RCEs) Was? Noch nie gehört?
  7. Subsidiarität und Selbstorganisation als Leitprinzipien der Hochschulsteuerung
  8. Vom schwierigen Vergnügen einer Kommunikation über die Idee der Nachhaltigkeit
  9. Parallelen zwischen Nachhaltigkeit, Wissensgesellschaft und lebenslangem Lernen
  10. Vom schwierigen Vergnügen einer Kommunikation über die Idee der Nachhaltigkeit
  11. Selbstverständnis, Unternehmensstrategie und Arbeitsbelastung von Buchverlegern
  12. Negative Geschäfts- oder Firmenwerte im Handels- und Steuerrecht sowie nach IFRS
  13. Der Prozess der Feststellung sonderpädagogischen Förderbedarfs in Deutschland
  14. Plädoyer für eine bildungstheoretisch begründete nachhaltige Curriculumrevision
  15. Berufswissenschaftliche Forschung in den Berufsfeldern Erziehung/Sozialpädagogik
  16. Master-Studiengang "Schulpädagogik/Didaktik" für den Quereinstieg in den Lehrerberuf
  17. Préparation à la transition de l’école obligatoire à la formation professionnelle
  18. Expectation, Motivation and Willingness to Prolong Working Life of German Workers
  19. Einführung: Über die Schwierigkeit, Kindern mit Aufmerksamkeitsproblemen zu helfen
  20. Grundsätze ordnungsmäßiger Kooperation zwischen Aufsichtsrat und Abschlussprüfer
  21. Diskussionsinhalte der 10. Hamburger Auditing and Control Conference am 20./21.09.2012
  22. Der Zusammenhang zwischen Corporate Governance und Kapitalkosten des Unternehmens
  23. Verteilungswirkungen der Steuerreform 2000/2005 im Vergleich zum "Karlsruher Entwurf"
  24. PowerPoint und die Einkapselung von Prozessualität im projektübergreifenden Lernen
  25. Towards a Multi-Level Approach to Studying Entrepreneurship in Professional Services