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Carbon Pricing Mechanism Blog Post
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Book Synopsis The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications by : Baoping Shang
Download or read book The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications written by Baoping Shang and published by International Monetary Fund. This book was released on 2021-06-25 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious actions in the fight against climate change. This paper uses a simple framework to systematically review the channels through which carbon pricing can potentially affect poverty and inequality. It finds that the channels differ in important ways along several dimensions. The paper also identifies several key gaps in the current literature and discusses some considerations on how policy designs could take into account the attributes of the channels in mitigating the impacts of carbon pricing reforms on households.
Book Synopsis Governing the Climate-Energy Nexus by : Fariborz Zelli
Download or read book Governing the Climate-Energy Nexus written by Fariborz Zelli and published by Cambridge University Press. This book was released on 2020-07-16 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysing the interactions between institutions in the climate change and energy nexus, including the consequences for their legitimacy and effectiveness. Prominent researchers from political science and international relations compare three policy domains: renewable energy, fossil fuel subsidy reform, and carbon pricing. This title is also available as Open Access on Cambridge Core.
Download or read book Climate Shock written by Gernot Wagner and published by Princeton University Press. This book was released on 2016-04-19 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: How knowing the extreme risks of climate change can help us prepare for an uncertain future If you had a 10 percent chance of having a fatal car accident, you'd take necessary precautions. If your finances had a 10 percent chance of suffering a severe loss, you'd reevaluate your assets. So if we know the world is warming and there's a 10 percent chance this might eventually lead to a catastrophe beyond anything we could imagine, why aren't we doing more about climate change right now? We insure our lives against an uncertain future—why not our planet? In Climate Shock, Gernot Wagner and Martin Weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work previously unavailable to general audiences. They show that the longer we wait to act, the more likely an extreme event will happen. A city might go underwater. A rogue nation might shoot particles into the Earth's atmosphere, geoengineering cooler temperatures. Zeroing in on the unknown extreme risks that may yet dwarf all else, the authors look at how economic forces that make sensible climate policies difficult to enact, make radical would-be fixes like geoengineering all the more probable. What we know about climate change is alarming enough. What we don't know about the extreme risks could be far more dangerous. Wagner and Weitzman help readers understand that we need to think about climate change in the same way that we think about insurance—as a risk management problem, only here on a global scale. With a new preface addressing recent developments Wagner and Weitzman demonstrate that climate change can and should be dealt with—and what could happen if we don't do so—tackling the defining environmental and public policy issue of our time.
Book Synopsis Carbon Markets in a Climate-Changing Capitalism by : Gareth Bryant
Download or read book Carbon Markets in a Climate-Changing Capitalism written by Gareth Bryant and published by Cambridge University Press. This book was released on 2019-02-21 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: The promise of harnessing market forces to combat climate change has been unsettled by low carbon prices, financial losses, and ongoing controversies in global carbon markets. And yet governments around the world remain committed to market-based solutions to bring down greenhouse gas emissions. This book discusses what went wrong with the marketisation of climate change and what this means for the future of action on climate change. The book explores the co-production of capitalism and climate change by developing new understandings of relationships between the appropriation, commodification and capitalisation of nature. The book reveals contradictions in carbon markets for addressing climate change as a socio-ecological, economic and political crisis, and points towards more targeted and democratic policies to combat climate change. This book will appeal to students, researchers, policy makers and campaigners who are interested in climate change and climate policy, and the political economy of capitalism and the environment.
Book Synopsis How to Avoid a Climate Disaster by : Bill Gates
Download or read book How to Avoid a Climate Disaster written by Bill Gates and published by Knopf Canada. This book was released on 2021-02-16 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER NATIONAL BESTSELLER In this urgent, singularly authoritative book, Bill Gates sets out a wide-ranging, practical--and accessible--plan for how the world can get to zero greenhouse gas emissions in time to avoid an irreversible climate catastrophe. Bill Gates has spent a decade investigating the causes and effects of climate change. With the help and guidance of experts in the fields of physics, chemistry, biology, engineering, political science and finance, he has focused on exactly what must be done in order to stop the planet's slide toward certain environmental disaster. In this book, he not only gathers together all the information we need to fully grasp how important it is that we work toward net-zero emissions of greenhouse gases but also details exactly what we need to do to achieve this profoundly important goal. He gives us a clear-eyed description of the challenges we face. He describes the areas in which technology is already helping to reduce emissions; where and how the current technology can be made to function more effectively; where breakthrough technologies are needed, and who is working on these essential innovations. Finally, he lays out a concrete plan for achieving the goal of zero emissions--suggesting not only policies that governments should adopt, but what we as individuals can do to keep our government, our employers and ourselves accountable in this crucial enterprise. As Bill Gates makes clear, achieving zero emissions will not be simple or easy to do, but by following the guidelines he sets out here, it is a goal firmly within our reach.
Book Synopsis Markets and the Environment, Second Edition by : Nathaniel O. Keohane
Download or read book Markets and the Environment, Second Edition written by Nathaniel O. Keohane and published by Island Press. This book was released on 2016-01-05 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. ... Now thoroughly revised with updated information on current environmental policy and real-world examples of market-based instruments .... The authors provide a concise yet thorough introduction to the economic theory of environmental policy and natural resource management. They begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability. Readers of the first edition will notice new analysis of cost estimation as well as specific market instruments, including municipal water pricing and waste disposal. Particular attention is paid to behavioral economics and cap-and-trade programs for carbon."--Publisher's web site.
Book Synopsis The Economics of Welfare by : Arthur Cecil Pigou
Download or read book The Economics of Welfare written by Arthur Cecil Pigou and published by . This book was released on 1920 with total page 1024 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Can We Price Carbon? by : Barry G. Rabe
Download or read book Can We Price Carbon? written by Barry G. Rabe and published by MIT Press. This book was released on 2018-04-20 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: A political science analysis of the feasibility and sustainability of carbon pricing, drawing from North American, European, and Asian case studies. Climate change, economists generally agree, is best addressed by putting a price on the carbon content of fossil fuels—by taxing carbon, by cap-and-trade systems, or other methods. But what about the politics of carbon pricing? Do political realities render carbon pricing impracticable? In this book, Barry Rabe offers the first major political science analysis of the feasibility and sustainability of carbon pricing, drawing upon a series of real-world attempts to price carbon over the last two decades in North America, Europe, and Asia. Rabe asks whether these policies have proven politically viable and, if adopted, whether they survive political shifts and managerial challenges over time. The entire policy life cycle is examined, from adoption through advanced implementation, on a range of pricing policies including not only carbon taxes and cap-and-trade but also such alternative methods as taxing fossil fuel extraction. These case studies, Rabe argues, show that despite the considerable political difficulties, carbon pricing can be both feasible and durable.
Book Synopsis CLIMATE CHANGE and the Road to NET-ZERO by : Mathew Hampshire-Waugh
Download or read book CLIMATE CHANGE and the Road to NET-ZERO written by Mathew Hampshire-Waugh and published by . This book was released on 2021-06-03 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: CLIMATE CHANGE and the road to NET-ZERO is a story of how humanity has broken free from the shackles of poverty, suffering, and war and for the first time in human history grown both population and prosperity. It's also a story of how a single species has reconfigured the natural world, repurposed the Earth's resources, and begun to re-engineer the climate. The book uses these conflicting narratives to explore the science, economics, technology, and politics of climate change. NET-ZERO blows away the entrenched idea that solving global warming requires a trade-off between the economy and environment, present and future generations, or rich and poor, and reveals why a twenty-year transition to a zero carbon system is a win-win solution for all on planet Earth. From the Author "I wrote Climate Change and the road to Net-Zero to provide a generalist reader with a clear, comprehensive, and objective take on the issues surrounding climate change and air pollution. The book walks the reader through a history of energy, innovation, and the rise of human civilisation; how scientists have come to understand our past climate and can now forecast future change; the problems economists encounter as they attempt to piece together the potential monetary and social damages from climate inaction; and a technology agnostic assessment of potential climate change solutions (from climate-engineering to mitigation) including their costs, risks, and limitations. The book demonstrates why sustainable technologies such as wind, solar, and batteries get cheaper with scale of production, not time, and why a rapid transition to a fully-fledged net-zero system will end up significantly cheaper than remaining bound to fossil fuels, whilst also avoiding the worst impacts of climate change, and preventing nearly eight million premature deaths each year from air pollution. I hope Climate Change and the road to Net-Zero delivers an understanding of humanity's relationship with Earth that is as intriguing as Simon Lewis and Mark Maslin's The Human Planet, or Yuval Noah Harari's Sapiens. I very much hope too that the book conveys the passion and call to action of David Wallace-Well's The Uninhabitable Earth, coupled with the sober economic analysis of The Climate Casino by William Nordhaus or Capital in the 21st century by Thomas Piketty, and that it provides the technical rigour of Sustainable Energy Without The Hot Air by David MacKay, the rationality of Hans Rosling's Factfulness, and the eternal hope of The Future We Choose by Christiana Figueres and Tom Rivett-Carnac. I believe net-zero will be cheaper, cleaner, safer, more reliable, more sustainable, and will create more employment than if we remain bound to fossil fuels. After reading the book, I hope you will agree." Mathew Hampshire-Waugh, Author.
Book Synopsis Confronting the Climate Challenge by : Lawrence Goulder
Download or read book Confronting the Climate Challenge written by Lawrence Goulder and published by Columbia University Press. This book was released on 2017-12-26 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Without significant reductions of greenhouse gas emissions, climate change will cause substantial damage to the environment and the economy. The scope of the threat demands a close look at the policies capable of reducing the harm. Confronting the Climate Challenge presents a unique framework for evaluating the impacts of a range of U.S. climate-policy options, both for the economy overall and for particular household groups, industries, and regions. Lawrence Goulder and Marc Hafstead focus on four alternative approaches for reducing carbon dioxide emissions: a revenue-neutral carbon tax, a cap-and-trade program, a clean energy standard, and an increase in the federal gasoline tax. They demonstrate that these policies—if designed correctly—not only can achieve emissions reductions at low cost but also can avoid placing undesirable burdens on low-income household groups or especially vulnerable industries. Goulder and Hafstead apply a multiperiod, economy-wide general equilibrium model that is distinct in its attention to investment dynamics and to interactions between climate policy and the tax system. Exploiting the unique features of the model, they contrast the shorter- and longer-term policy impacts and focus on alternative ways of feeding back—or “recycling”—policy-generated revenues to the private sector. Their work shows how careful policy design, including the judicious use of policy-generated revenues, can achieve desired reductions in carbon dioxide emissions at low cost, avoid uneven impacts across household income groups, and prevent losses of profit in the most vulnerable U.S. industries. The urgency of the climate problem demands comprehensive action, and Confronting the Climate Challenge offers important insights that can help elevate policy discussions and spur needed efforts on the climate front.
Book Synopsis Fiscal Policies for Paris Climate Strategies—from Principle to Practice by : International Monetary Fund. Fiscal Affairs Dept.
Download or read book Fiscal Policies for Paris Climate Strategies—from Principle to Practice written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-05-01 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the role of, and provides practical country-level guidance on, fiscal policies for implementing climate strategies using a unique and transparent tool laying out trade-offs among policy options.
Book Synopsis Governing Carbon Markets with Distributed Ledger Technology by : Alastair Marke
Download or read book Governing Carbon Markets with Distributed Ledger Technology written by Alastair Marke and published by Cambridge University Press. This book was released on 2022-08-25 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carbon markets involve complex governance challenges, such as ensuring transparency of emissions, facilitating as well as recording transactions, overseeing market activity and preventing abuse. Conventionally, these have been addressed with a combination of regulatory, procedural and technical structures that impose significant burdens on market participants and administrators while remaining vulnerable to system shocks and illicit practices. Distributed Ledger Technology (DLT) has the potential to address these problems. This volume offers the first book-length exploration of how carbon markets can be governed using DLT, offering conceptual and theoretical analysis, practical case studies, and a roadmap for implementation of a DLT-based architecture in major existing and emerging carbon markets. It surveys existing expertise on distributed ledger technology, provides progress updates from industry professionals, and shows how this technology could offer a cost-effective and sustainable solution to double-counting and other governance concerns identified as major challenges in the implementation of carbon markets.
Book Synopsis Accounting for Carbon by : Valentin Bellassen
Download or read book Accounting for Carbon written by Valentin Bellassen and published by Cambridge University Press. This book was released on 2015-03-19 with total page 563 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative overview of the requirements and costs of monitoring, reporting and verifying emissions from industry to regional and national levels.
Book Synopsis Effective Global Carbon Markets by : Justin D. Macinante
Download or read book Effective Global Carbon Markets written by Justin D. Macinante and published by Edward Elgar Publishing. This book was released on 2020-08-28 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: As numerous jurisdictions implement emissions mitigation mechanisms that put a price on carbon, this incisive book explores the emerging emissions markets and their diverse and fragmented nature. It proposes an innovative model for connecting such markets, offering a significantly more successful and expeditious achievement of climate policy objectives.
Book Synopsis Climatology versus Pseudoscience by : Dana Nuccitelli
Download or read book Climatology versus Pseudoscience written by Dana Nuccitelli and published by Bloomsbury Publishing USA. This book was released on 2015-03-03 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the science of climate change in plain language and shows that the 2 to 4 percent of climate scientists who are skeptical that humans are the main cause of global warming are a fringe minority—and have a well-established history of being wrong. Although some politicians, pundits, and members of the public do not believe it, global warming predictions by mainstream climate scientists have been remarkably accurate while those made by climate deniers have not. And if mainstream global warming predictions continue to prove correct, the window of opportunity to prevent a climate catastrophe is quickly closing. This book is the first to illustrate the accuracy—and inaccuracy—of global warming predictions made by mainstream climate scientists and by climate contrarians from the 1970s to the present day. Written in simple, non-technical language that provides an accessible explanation of key climate science concepts, the book will appeal to general audiences without previous knowledge about climate science. Author Dana Nuccitelli, an environmental scientist and risk assessor, discusses some key climate discoveries dating back to the 19th century and debunks myths such as the idea that climate scientists and climate models have grossly over-predicted global warming. He addresses recent findings of a 97-percent consensus in the peer-reviewed scientific literature that humans are causing global warming—a nearly unanimous agreement that formed in the early 1990s and has grown through the present day. Nuccitelli also discusses what the future climate might look like if current trends continue unabated, and what we as a global society need to do to prevent a climate catastrophe.
Book Synopsis OECD Series on Carbon Pricing and Energy Taxation Effective Carbon Rates 2021 Pricing Carbon Emissions through Taxes and Emissions Trading by : OECD
Download or read book OECD Series on Carbon Pricing and Energy Taxation Effective Carbon Rates 2021 Pricing Carbon Emissions through Taxes and Emissions Trading written by OECD and published by OECD Publishing. This book was released on 2021-05-05 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carbon pricing very effectively encourages the shift of production and consumption choices towards low and zero carbon options that is required to limit climate change. Are countries using this tool to its full potential? This report measures the pricing of CO2-emissions from energy use in 44 OECD and G20 countries, covering around 80% of world emissions.
Book Synopsis Ending Fossil Fuels by : Holly Jean Buck
Download or read book Ending Fossil Fuels written by Holly Jean Buck and published by Verso Books. This book was released on 2021-11-16 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ending the fossil fuel industry is the only credible path for climate policy Around the world, countries and companies are setting net-zero carbon emissions targets. But what will it mean if those targets are achieved? One possibility is that fossil fuel companies will continue to produce billions of tons of atmospheric CO2 while relying on a symbiotic industry to scrub the air clean. Focusing on emissions draws our attention away from the real problem: the point of production. The fossil fuel industry must come to an end but will not depart willingly; governments must intervene. By embracing a politics of rural-urban coalitions and platform governance, climate advocates can build the political power needed to nationalize the fossil fuel industry and use its resources to draw carbon out of the atmosphere.
