Global Carbon Pricing
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Global Carbon Pricing
Author | : Peter Cramton,David JC MacKay,Axel Ockenfels,Steven Stoft |
Publsiher | : MIT Press |
Total Pages | : 268 |
Release | : 2017-06-16 |
Genre | : Business & Economics |
ISBN | : 9780262340397 |
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Why the traditional “pledge and review” climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed. After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a “common commitment” scheme is more effective than an “individual commitment” scheme; the latter depends on altruism while the former involves reciprocity (“we will if you will”). The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference. Contributors Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman
Effective Carbon Prices
Author | : OECD |
Publsiher | : OECD Publishing |
Total Pages | : 100 |
Release | : 2013-11-04 |
Genre | : Electronic Book |
ISBN | : 9789264196964 |
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This publication synthesises a number of case studies of effective carbon prices in selected countries and sectors.
REDD credits in a global carbon market
Author | : Arild Angelsen,Caroline Wang Gierløff,Angelica Mendoza Beltrán,Michel den Elzen |
Publsiher | : Nordic Council of Ministers |
Total Pages | : 105 |
Release | : 2014-09-17 |
Genre | : Electronic Book |
ISBN | : 9789289328005 |
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How can REDD credits be included in a future global carbon market, and what are the impacts of inclusion? We analyze ten different scenarios through 2020, varying the global emission caps and the REDD rules. An inclusion of REDD credits without any adjustments in the global cap will lower carbon prices significantly and cause crowding out. The cap must move towards the 2 degrees climate target if REDD inclusion is to maintain high carbon prices and strong incentives for emissions reductions in other sectors. At the same time, reaching the 2 degree target without full REDD inclusion will increase global mitigation costs by more than 50%.
Can We Price Carbon
Author | : Barry G. Rabe |
Publsiher | : MIT Press |
Total Pages | : 377 |
Release | : 2018-04-06 |
Genre | : Political Science |
ISBN | : 9780262535366 |
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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.
Carbon Pricing in Japan
Author | : Toshi H. Arimura,Shigeru Matsumoto |
Publsiher | : Springer Nature |
Total Pages | : 271 |
Release | : 2020-09-17 |
Genre | : Business & Economics |
ISBN | : 9789811569647 |
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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.
Governing the Climate Energy Nexus
Author | : Fariborz Zelli,Karin Bäckstrand,Naghmeh Nasiritousi,Jakob Skovgaard,Oscar Widerberg |
Publsiher | : Cambridge University Press |
Total Pages | : 293 |
Release | : 2020-07-16 |
Genre | : Business & Economics |
ISBN | : 9781108484817 |
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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.
Effective Carbon Rates 2018
Author | : OECD |
Publsiher | : Unknown |
Total Pages | : 0 |
Release | : 2018 |
Genre | : Carbon offsetting |
ISBN | : 9264305297 |
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- Foreword - Executive Summary - Introduction - Carbon pricing trends - Reasons to be cheerful - Carbon pricing in 2015 - Detailed analysis - Description of emissions trading systems and results
Carbon Pricing
Author | : Larry Kreiser,Mikael Skou Andersen,Birgitte Egelund Olsen,Stefan Speck,Janet E. Milne |
Publsiher | : Edward Elgar Publishing |
Total Pages | : 256 |
Release | : 2015-08-28 |
Genre | : Law |
ISBN | : 9781785360237 |
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Carbon Pricing reflects upon and further develops the ongoing and worthwhile global debate into how to design carbon pricing, as well as how to utilize the financial proceeds in the best possible way for society. Ê The world has recently witnesse