US climate policy: a critical assessment of intensity standards
Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage. Moreover,...
Gespeichert in:
| Hauptverfasser: | , , , |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Oldenburg
University of Oldenburg, Department of Economics
July 2015
|
| Schriftenreihe: | V
384 |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage. Moreover, standards can lead to considerable welfare losses compared to emission pricing via carbon taxation or an emissions trading system. The tradability of standards across industries is a mechanism that can reduce these negative effects. |
| Beschreibung: | 1 Online-Ressource (26 Seiten) Diagramme |
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| indexdate | 2024-07-10T07:32:53Z |
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| spelling | Böhringer, Christoph Verfasser (DE-588)171345169 aut US climate policy a critical assessment of intensity standards Christoph Böhringer, Xaquín Garcia-Muros, Mikel Gonzalez-Equino, Luis Rey Oldenburg University of Oldenburg, Department of Economics July 2015 1 Online-Ressource (26 Seiten) Diagramme txt rdacontent c rdamedia cr rdacarrier Oldenburg discussion papers in economics V 384 Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage. Moreover, standards can lead to considerable welfare losses compared to emission pricing via carbon taxation or an emissions trading system. The tradability of standards across industries is a mechanism that can reduce these negative effects. Garcia-Muros, Xaquín Verfasser aut Gonzalez-Equino, Mikel Verfasser aut Rey, Luis Verfasser aut V 384 (DE-604)BV039810434 384 http://www.uni-oldenburg.de/fileadmin/user_upload/wire/fachgebiete/vwl/V-384-15.pdf Verlag kostenfrei Volltext |
| spellingShingle | Böhringer, Christoph Garcia-Muros, Xaquín Gonzalez-Equino, Mikel Rey, Luis US climate policy a critical assessment of intensity standards V |
| title | US climate policy a critical assessment of intensity standards |
| title_auth | US climate policy a critical assessment of intensity standards |
| title_exact_search | US climate policy a critical assessment of intensity standards |
| title_full | US climate policy a critical assessment of intensity standards Christoph Böhringer, Xaquín Garcia-Muros, Mikel Gonzalez-Equino, Luis Rey |
| title_fullStr | US climate policy a critical assessment of intensity standards Christoph Böhringer, Xaquín Garcia-Muros, Mikel Gonzalez-Equino, Luis Rey |
| title_full_unstemmed | US climate policy a critical assessment of intensity standards Christoph Böhringer, Xaquín Garcia-Muros, Mikel Gonzalez-Equino, Luis Rey |
| title_short | US climate policy |
| title_sort | us climate policy a critical assessment of intensity standards |
| title_sub | a critical assessment of intensity standards |
| url | http://www.uni-oldenburg.de/fileadmin/user_upload/wire/fachgebiete/vwl/V-384-15.pdf |
| volume_link | (DE-604)BV039810434 |
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