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Revisiting Carbon Leakage
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Book Synopsis Revisiting Carbon Leakage by : Florian Misch
Download or read book Revisiting Carbon Leakage written by Florian Misch and published by International Monetary Fund. This book was released on 2021-08-06 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper estimates the carbon leakage rate across countries, arguably a key parameter in the international climate policy discussion including on border carbon adjustment, but which remains subject to significant uncertainty. We propose innovations along two lines. First, we exploit recently published data on sector-country-specific changes in energy prices to identify changes in domestic carbon emissions and other flows (rather than the historically limited variation in carbon prices or adherence to international climate agreements). Second, we present a simple accounting framework to derive carbon leakage rates from reduced-form regressions in contrast to existing papers, thereby making our results directly comparable to model-based estimates of carbon leakage. We show that carbon leakage rates differ across countries and could be larger than what existing estimates suggest.
Book Synopsis Carbon Leakage Revisited by : Corrado Di Maria
Download or read book Carbon Leakage Revisited written by Corrado Di Maria and published by . This book was released on 2014 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The increase in carbon dioxide emissions by some countries in reaction to an emission reduction by countries with climate policy (carbon leakage) is seen as a serious threat to unilateral climate policy. Using a two-country model where only one of the countries enforces an exogenous cap on emissions, this paper analyzes the effect of technical change that can be directed towards the clean or dirty input, on carbon leakage. We show that, as long as technical change cannot be directed, there will always be carbon leakage through the standard terms-of-trade effect. However, once we allow for directed technical change, a counterbalancing induced technology effect arises and carbon leakage will generally be lower. Moreover, we show that when the relative demand for energy is sufficiently elastic, carbon leakage may be negative: the technology effect induces the unconstrained region to voluntarily reduce its own emissions.
Book Synopsis Is There a Debt-threshold Effect on Output Growth? by : Mr.Alexander Chudik
Download or read book Is There a Debt-threshold Effect on Output Growth? written by Mr.Alexander Chudik and published by International Monetary Fund. This book was released on 2015-09-08 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the long-run impact of public debt expansion on economic growth and investigates whether the debt-growth relation varies with the level of indebtedness. Our contribution is both theoretical and empirical. On the theoretical side, we develop tests for threshold effects in the context of dynamic heterogeneous panel data models with cross-sectionally dependent errors and illustrate, by means of Monte Carlo experiments, that they perform well in small samples. On the empirical side, using data on a sample of 40 countries (grouped into advanced and developing) over the 1965- 2010 period, we find no evidence for a universally applicable threshold effect in the relationship between public debt and economic growth, once we account for the impact of global factors and their spillover effects. Regardless of the threshold, however, we find significant negative long-run effects of public debt build-up on output growth. Provided that public debt is on a downward trajectory, a country with a high level of debt can grow just as fast as its peers in the long run.
Book Synopsis The Long-Run Decoupling of Emissions and Output: Evidence from the Largest Emitters by : Gail Cohen
Download or read book The Long-Run Decoupling of Emissions and Output: Evidence from the Largest Emitters written by Gail Cohen and published by International Monetary Fund. This book was released on 2018-03-13 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the world's 20 largest emitters, we use a simple trend/cycle decomposition to provide evidence of decoupling between greenhouse gas emissions and output in richer nations, particularly in European countries, but not yet in emerging markets. If consumption-based emissions—measures that account for countries' net emissions embodied in cross-border trade—are used, the evidence for decoupling in the richer economies gets weaker. Countries with underlying policy frameworks more supportive of renewable energy and climate change mitigation efforts tend to show greater decoupling between trend emissions and trend GDP, and for both production- and consumption-based emissions. The relationship between trend emissions and trend GDP has also become much weaker in the last two decades than in preceding decades.
Book Synopsis Environmental and Economic Impacts of Decarbonization by : Óscar Dejuán
Download or read book Environmental and Economic Impacts of Decarbonization written by Óscar Dejuán and published by Routledge. This book was released on 2017-07-31 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: On December 12th, 2015, at the United Nations Conference on Climate Change held in Paris, 195 countries adopted the first-ever universal and legally binding climate deal. They agreed to decarbonize the economy in order to hold the increase in the global average temperature to well below 2oC relative to the preindustrial levels. Although each country is free to design its own strategy on mitigation and adaptation, it will be bound to such strategy and is supposed to implement the bulk of the adjustments by 2050. Many questions arise from the Paris Agreement that points to a second Industrial Revolution. What are the required changes in the structure of production and in the patterns of consumption? What will be their impacts on emissions, employment and international trade? This book answers these questions from a variety of input-output models able to compute the impacts on specific sectors and regions. This volume has 17 chapters written by 52 co-authors who are specialists in input-output analysis and environmental sustainability. They come from 24 universities, research centers and international agencies all over the world, sharing their commitments to explain important and complex ideas in a way that is understandable to the non-experts and experts alike. Environmental and Economic Impacts of Decarbonization is a very important read for those who study environmental economics, climate change and ecological economics.
Book Synopsis Revisiting Traditional Institutions in the Khasi-Jaintia Hills by : Charles Reuben Lyngdoh
Download or read book Revisiting Traditional Institutions in the Khasi-Jaintia Hills written by Charles Reuben Lyngdoh and published by Cambridge Scholars Publishing. This book was released on 2016-12-14 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional institutions in the Khasi-Jaintia society are “living organisms” which have existed for centuries and internally evolved from one phase to another. Despite having come into contact with newer and more modern forms of administration, they continue to exist, backed by local public opinion that has called for their continuity amidst diminishing responsibility and utility. This collection of papers explores the landscapes of traditional institutions that exist in the present Khasi and Jaintia Hills in Meghalaya, India. The chapters blend oral tradition with historical records and available sources from secondary literature. They examine the interplay of power and functions between the constitutional authorities, such as the state government, and the Autonomous District Councils and traditional authorities represented by the traditional institutions.
Book Synopsis Border Carbon Adjustments: Rationale, Design and Impact by : Thomas A. Wolf
Download or read book Border Carbon Adjustments: Rationale, Design and Impact written by Thomas A. Wolf and published by International Monetary Fund. This book was released on 1992 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the rationale, design, and impacts of border carbon adjustments (BCAs). Large disparities in carbon pricing between countries raise concerns about competitiveness and emissions leakage. BCAs are potentially the most effective domestic instrument for addressing these challenges—but design details are critical. For example, limiting coverage of the BCA to energy-intensive, trade-exposed industries facilitates administration, and initially benchmarking BCAs on domestic emissions intensities would ease the transition for trading partners with emission-intensive production. It is also important to consider how to apply BCAs across countries with different approaches to emissions mitigation. BCAs alone do not solve the free-rider problem in carbon pricing, but might be a step to an effective international carbon price floor.
Book Synopsis Carbon Pricing in Japan by : Toshi H. Arimura
Download or read book Carbon Pricing in Japan written by Toshi H. Arimura and published by Springer Nature. This book was released on 2020-09-17 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book evaluates, from an economic perspective, various measures introduced in Japan to prevent climate change. Although various countries have implemented such policies in response to the pressing issue of climate change, the effectiveness of those programs has not been sufficiently compared. In particular, policy evaluations in the Asian region are far behind those in North America and Europe due to data limitations and political reasons. The first part of the book summarizes measures in different sectors in Japan to prevent climate change, such as emissions trading and carbon tax, and assesses their impact. The second part shows how those policies have changed the behavior of firms and households. In addition, it presents macro-economic simulations that consider the potential of renewable energy. Lastly, based on these comprehensive assessments, it compares the effectiveness of measures to prevent climate change in Japan and Western countries. Providing valuable insights, this book will appeal to both academic researchers and policymakers seeking cost-effective measures against climate change.
Author :Intergovernmental Panel on Climate Change (IPCC) Publisher :Cambridge University Press ISBN 13 :9781009157971 Total Pages :755 pages Book Rating :4.1/5 (579 download)
Book Synopsis The Ocean and Cryosphere in a Changing Climate by : Intergovernmental Panel on Climate Change (IPCC)
Download or read book The Ocean and Cryosphere in a Changing Climate written by Intergovernmental Panel on Climate Change (IPCC) and published by Cambridge University Press. This book was released on 2022-04-30 with total page 755 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Intergovernmental Panel on Climate Change (IPCC) is the leading international body for assessing the science related to climate change. It provides policymakers with regular assessments of the scientific basis of human-induced climate change, its impacts and future risks, and options for adaptation and mitigation. This IPCC Special Report on the Ocean and Cryosphere in a Changing Climate is the most comprehensive and up-to-date assessment of the observed and projected changes to the ocean and cryosphere and their associated impacts and risks, with a focus on resilience, risk management response options, and adaptation measures, considering both their potential and limitations. It brings together knowledge on physical and biogeochemical changes, the interplay with ecosystem changes, and the implications for human communities. It serves policymakers, decision makers, stakeholders, and all interested parties with unbiased, up-to-date, policy-relevant information. This title is also available as Open Access on Cambridge Core.
Book Synopsis Global Challenges of Climate Change, Vol.2 by : Tessaleno Campos Devezas
Download or read book Global Challenges of Climate Change, Vol.2 written by Tessaleno Campos Devezas and published by Springer Nature. This book was released on 2022-11-16 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume book offers a broad range of discussions on the immense challenge of climate change, one confronting every country on the planet and forcing them to find a path towards a sustainable future that will not have disastrous consequences in relation to our chances of survival. It also presents a snapshot of the status quo, which reflects all the decisions and measures taken to date. Analyzing the consequences of the steps that will shape our future, the two volumes also reflect on important decisions at a global level that have already been taken. This second volume on risks assessment and the political and social dimension of the green energy transition is structured into 14 chapters. International renowned scholars discuss the inherent risks that arise in consequence of the transition to the intensive use of low carbon energy sources and global warming, risks related to food and water security, as well as risks of social and political conflicts. They further examine the dependence on individual countries' industrial structures and on their socio-economic development level as challenges to climate change solutions and to the global energy policy agenda. This book is a must-read for scholars, researchers and students, as well as policymakers interested in a better understanding of climate change, present scenarios, and alternative solutions and measures.
Book Synopsis The Sustainability Revolution in International Trade Agreements by :
Download or read book The Sustainability Revolution in International Trade Agreements written by and published by Oxford University Press. This book was released on 2024-08-01 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once seen as aspirational and relatively innocuous, 'sustainability' or 'sustainable development' provisions are now changing the face of international trade agreements. The Sustainability Revolution in International Trade Agreements gathers fundamental, first-hand analyses of these novel commitments across dozens of agreements, considering their legal, political, and economic aspects. Drawing on perspectives from different parts of the world and engaging experts in the law and practice of sustainability provisions, this volume offers a comprehensive assessment of the latest developments and innovations in international trade agreements. It also evaluates the development challenges that sustainability requirements pose for countries with limited resources and capacity, for whom lower labour and environmental regulatory costs have been a competitive asset. The present volume explores the intersectional aspects of sustainability - such as gender equality, biodiversity, animal welfare, and Indigenous rights - in addition to the more traditional dimensions of sustainability, namely economic development, environmental conservation, and improvement of labour standards. There is little doubt that a sustainability revolution in global production patterns is needed. Considering the details of its operation - how it can come into being, who will bear the increased production costs, and how decisions on difficult trade-offs will be made - reveals the immense challenges involved in developing a new international law for sustainable trade. Read together, the chapters in this volume outline the contours this emerging legal framework, examine its practical operation, and offer important reflections upon the real extent and the foreseeable consequences of this sustainability revolution in international trade agreements.
Book Synopsis A Question of Balance by : William Nordhaus
Download or read book A Question of Balance written by William Nordhaus and published by Yale University Press. This book was released on 2014-10-01 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: How economic analysis can help us design economic policies to address the looming challenges of global warming As scientific and observational evidence on global warming piles up every day, questions of economic policy in this central environmental topic have taken center stage. But as author and prominent Yale economist William Nordhaus observes, the issues involved in understanding global warming and slowing its harmful effects are complex and cross disciplinary boundaries. For example, ecologists see global warming as a threat to ecosystems, utilities as a debit to their balance sheets, and farmers as a hazard to their livelihoods. In this important work, William Nordhaus integrates the entire spectrum of economic and scientific research to weigh the costs of reducing emissions against the benefits of reducing the long-run damages from global warming. The book offers one of the most extensive analyses of the economic and environmental dynamics of greenhouse-gas emissions and climate change and provides the tools to evaluate alternative approaches to slowing global warming. The author emphasizes the need to establish effective mechanisms, such as carbon taxes, to harness markets and harmonize the efforts of different countries. This book not only will shape discussion of one the world's most pressing problems but will provide the rationales and methods for achieving widespread agreement on our next best move in alleviating global warming.
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309492432 Total Pages :29 pages Book Rating :4.3/5 (94 download)
Book Synopsis Thriving on Our Changing Planet: A Decadal Strategy for Earth Observation from Space by : National Academies of Sciences, Engineering, and Medicine
Download or read book Thriving on Our Changing Planet: A Decadal Strategy for Earth Observation from Space written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2019-06-18 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: We live on a dynamic Earth shaped by both natural processes and the impacts of humans on their environment. It is in our collective interest to observe and understand our planet, and to predict future behavior to the extent possible, in order to effectively manage resources, successfully respond to threats from natural and human-induced environmental change, and capitalize on the opportunities â€" social, economic, security, and more â€" that such knowledge can bring. By continuously monitoring and exploring Earth, developing a deep understanding of its evolving behavior, and characterizing the processes that shape and reshape the environment in which we live, we not only advance knowledge and basic discovery about our planet, but we further develop the foundation upon which benefits to society are built. Thriving on Our Changing Planet: A Decadal Strategy for Earth Observation from Space (National Academies Press, 2018) provides detailed guidance on how relevant federal agencies can ensure that the United States receives the maximum benefit from its investments in Earth observations from space, while operating within realistic cost constraints. This short booklet, designed to be accessible to the general public, provides a summary of the key ideas and recommendations from the full decadal survey report.
Book Synopsis OECD Economic Surveys: Luxembourg 2022 by : OECD
Download or read book OECD Economic Surveys: Luxembourg 2022 written by OECD and published by OECD Publishing. This book was released on 2022-11-17 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Luxembourg recovered quickly from the COVID-19 pandemic thanks to extensive policy support. However, the impact of the war in Ukraine is exacerbating inflationary pressures, alongside labour market shortages.
Book Synopsis Why Forests? Why Now? by : Frances Seymour
Download or read book Why Forests? Why Now? written by Frances Seymour and published by Brookings Institution Press. This book was released on 2016-12-27 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tropical forests are an undervalued asset in meeting the greatest global challenges of our time—averting climate change and promoting development. Despite their importance, tropical forests and their ecosystems are being destroyed at a high and even increasing rate in most forest-rich countries. The good news is that the science, economics, and politics are aligned to support a major international effort over the next five years to reverse tropical deforestation. Why Forests? Why Now? synthesizes the latest evidence on the importance of tropical forests in a way that is accessible to anyone interested in climate change and development and to readers already familiar with the problem of deforestation. It makes the case to decisionmakers in rich countries that rewarding developing countries for protecting their forests is urgent, affordable, and achievable.
Download or read book Green Ports written by Rickard Bergqvist and published by Elsevier. This book was released on 2018-09-21 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Green Ports: Inland and Seaside Sustainable Transportation Strategies presents the first book to exclusively focus on this important topic that is usually only covered in brief chapters or journal articles that are too theoretical, fragmented or regionally-focused. This book comprehensively and systematically examines the key issues and best practice for understanding green ports and quantifying aspects of their environmental performance. This applied research book will help researchers formulate the needed research questions. - Includes practical application tools and techniques for increasing sustainability throughout the entire transportation chain - Provides an overall picture of green ports through a collection of expert specialists - Examines how ports and surrounding areas are addressing the environmental impacts related to growth in the cruise business - Presents a theoretical framework to identify best practices for planning and policymaking for the impacts posed by climate change
Book Synopsis Transforming REDD+ by : Angelsen, A.
Download or read book Transforming REDD+ written by Angelsen, A. and published by CIFOR. This book was released on 2018-12-12 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Constructive critique. This book provides a critical, evidence-based analysis of REDD+ implementation so far, without losing sight of the urgent need to reduce forest-based emissions to prevent catastrophic climate change. REDD+ as envisioned
