By Rainer Walz
The security of the earth's surroundings calls for tremendous efforts to minimize CO2 and different greenhouse gasoline emissions. on the way to meet those objectives, governments have began to enforce weather rules which come with informational measures resembling demonstration programmes in addition to financial tools resembling power or emission taxes, emission buying and selling schemes, potency criteria and labelling structures for home equipment, and subsidies for low- or no-carbon applied sciences corresponding to renewable power assets. This e-book provides a hugely policy-relevant evaluation of the most likely macroeconomic results of weather swap coverage. It portrays the present debate and analyses the modelling result of current experiences. The authors additionally current their very own empirical effects which give a contribution to remaining the distance in regards to structural results and affects on technological swap of weather swap regulations.
Read Online or Download The Economics of Climate Change Policies: Macroeconomic Effects, Structural Adjustments and Technological Change (Sustainability and Innovation) PDF
Best environmental & natural resources law books
This can be the spouse quantity to the second one variation of Philippe Sands' ideas of overseas Environmental legislation and Sands and Galizzi's files in overseas Environmental legislation. It includes extracts from crucial EC Treaties, laws, Directives, judgements and different Acts of EC associations.
Why does clash take place over using usual assets? How are exterior components outfitted into neighborhood conflicts? What governing mechanisms are conducive to equitable and sustainable average source administration by way of groups? whilst do neighborhood ideas for clash administration have to be complemented or changed by way of exterior or new mechanisms?
This paintings debates and investigates the the cross-compliance approach: the place farmers conform to sure criteria in relation to the surroundings, meals safeguard and animal and plant overall healthiness. It discusses cross-compliance within the context of latest criteria, on-farm expenditures and the competitiveness of farm companies.
Environmental execs are frequently known as upon to discover recommendations to environmental degradation difficulties or to steer the way in which in making plans to avoid them. simply because they arrive typically from the environmental and technological know-how disciplines, so much environmental execs have constrained education within the basics of economics.
- Managing Indoor Air Quality, Fifth Edition
- Integrating Ecology and Poverty Reduction: Ecological Dimensions
- Conflict and cooperation on South Asia's international rivers: a legal perspective
- Principles of air quality management
- The Dieselgate: A Legal Perspective
- Environmental Dispute Resolution in Indonesia
Additional info for The Economics of Climate Change Policies: Macroeconomic Effects, Structural Adjustments and Technological Change (Sustainability and Innovation)
With their econometric model depict rather short-term elasticities, whereas the substitution processes in an equilibrium model correspond logically to end points of the effect and therefore long-term elasticities. 19 This is particularly true for Welsch (1996), DIW (1994) and Conrad and Schmidt (1999). 20 For example, in DIW/Fifo (1999), two variants are distinguished which differ regarding the assumptions made about wage policy. In the case of a moderate wage policy, there are more favourable macroeconomic effects than in the case of an aggressive one.
Overall, it is clear that all the models have considerable limitations. On the one hand, the spectrum of the economic effects examined by top-down models is much greater than in input/output analyses, but this is offset by the disadvantage of a more unrealistic modelling of the energy sector and the effects on emissions. g. the effect of increases in costs or demand. Against this background the question arises whether a reduction of the limitations could be achieved by linking the results of energy system analyses with macroeconomic models.
These list deviations in per cent compared to the absolute value of the reference scenario rather than differences in annual growth rates. On the one hand, it is obvious that the majority of results indicate comparatively low impacts. It should therefore be emphasised that a reduction of the CO2 emissions is much less significant macroeconomically than is surmised when looking at the exchanges in the political discussion. On the other hand, distinct differences do emerge between the individual studies.