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Climate Policies and External Adjustment

2024-07-26
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Release : 2024-07-26
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Book Synopsis Climate Policies and External Adjustment by : Mr. Rudolfs Bems

Download or read book Climate Policies and External Adjustment written by Mr. Rudolfs Bems. This book was released on 2024-07-26. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the economic effects of climate policies on different regions and countries with a focus on external adjustment. The paper finds that various climate policies could have substantially different impacts on external balances over the next decade. A credible and globally coordinated carbon tax would decrease current account balances in greener advanced economies and increase current accounts in more fossil-fuel-dependent regions, reflecting a disproportionate decline in investment for the latter group. Green supply-side policies—green subsidy and infrastructure investment—would increase investment and saving but would have a more muted external sector impact because of the constrained pace of expansion for renewables or the symmetry of the infrastructure boost. Country characteristics, such as initial carbon intensity and net fossil fuel exports, ultimately determine the current account responses. For the global economy, a coordinated climate change mitigation policy package would shift capital towards advanced economies. Following an initial rise, the global interest rates would fall over time with increases in the carbon tax. These external sector effects, however, depend crucially on the degree of international policy coordination and credibility.

Climate Change Policy

2002-08-01 Political Science
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Release : 2002-08-01
Genre : Political Science
Kind : eBook
Book Rating : 429/5 ( reviews)

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Book Synopsis Climate Change Policy by : Stephen H. Schneider

Download or read book Climate Change Policy written by Stephen H. Schneider. This book was released on 2002-08-01. Available in PDF, EPUB and Kindle. Book excerpt: Questions surrounding the issue of climate change are evolving from "Is it happening?" to "What can be done about it?" The primary obstacles to addressing it at this point are not scientific but political and economic; nonetheless a quick resolution is unlikely. Ignorance and confusion surrounding the issue -- including a lack of understanding of climate science, its implications for the environment and society, and the range of policy options available -- contributes to the political morass over dealing with climate change in which we find ourselves. Climate Change Policy addresses that situation by bringing together a wide range of new writings from leading experts that examine the many dimensions of the topics most important in understanding climate change and policies to combat it. Chapters consider: climate science in historical perspective analysis of uncertainties in climate science and policy the economics of climate policy North-South and intergenerational equity issues the role of business and industry in climate solutions policy mechanisms including joint implementation, emissions trading, and the so-called clean development mechanism Regardless of the fate of the Kyoto Protocol, the issues raised in that debate will persist as new climate protection regimes emerge; this volume treats most of those topics. Tying the chapters together is a shared conclusion that climate change is a real and serious problem, and that we as a society have an obligation not merely to adapt to it but to mitigate it in whatever intelligent ways we can develop. Cost-effectiveness is not disdained, but neither is the imperative for valuing species threatened by rapid climate change.

The Design and Implementation of US Climate Policy

2012-09-06 Business & Economics
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Release : 2012-09-06
Genre : Business & Economics
Kind : eBook
Book Rating : 980/5 ( reviews)

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Book Synopsis The Design and Implementation of US Climate Policy by : Don Fullerton

Download or read book The Design and Implementation of US Climate Policy written by Don Fullerton. This book was released on 2012-09-06. Available in PDF, EPUB and Kindle. Book excerpt: Economic research on climate change has been crucial in advancing our understanding of the consequences associated with global warming as well as the costs and benefits of the various policies that might reduce emissions of greenhouse gases. As nations work to develop climate policies, economic insights into their design and implementation are ever more important. With a balance between theoretical and empirical approaches, The Design and Implementation of US Climate Policy looks at the possible effects of various climate policies on a range of economic outcomes. The studies that comprise the volume examine topics that include the coordination—or lack thereof—between the federal and state governments, implications of monitoring and enforcing climate policy, and the specific consequences of various climate policies for the agricultural, automotive, and buildings sectors.

National Pathways to Low Carbon Emission Economies

2018-09-03 Business & Economics
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Release : 2018-09-03
Genre : Business & Economics
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Book Rating : 75X/5 ( reviews)

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Book Synopsis National Pathways to Low Carbon Emission Economies by : Kurt Hübner

Download or read book National Pathways to Low Carbon Emission Economies written by Kurt Hübner. This book was released on 2018-09-03. Available in PDF, EPUB and Kindle. Book excerpt: The science is clear: climate change is a fact and the probability is extremely high that it has been caused by humans. At the same time, policy responses are hesitant, rather lukewarm and differ substantially between nation-states. The question is, what drives and what blocks radical action? This book makes the case that institutional settings, path dependence and emerging change coalitions are critical in explaining climate policies across the global political economy. Technological and social-political innovations are key drivers for dealing with climate change. This class of innovation is very much guided, or suppressed, by a national economy's established institutional settings. By anchoring national case studies in a version of the well established ‘varieties of capitalism’ approach, the chapters of this book show why some economies are policy leaders and others become policy followers, or even policy interlockers. Moreover, the case studies demonstrate the extent to which external events and institutional constraints from the international polity influence national innovation strategies. Taking a unique analytical approach, which combines insights from innovation policies and a variety of capitalism literature, the authors provide genuine comprehension of the interplay between institutional settings, political actors and climate policies. National Pathways to Low Carbon Emission Economies offers a valuable examination of these issues on climate change that will be of interest to academics and postgraduates researching climate policy, economic policy and social movements. Furthermore, it is relevant for policy analysts and policy makers who are interested in learning from climate policies in the context of innovation strategies for a range of countries.

The Greenhouse Gas Protocol

2004 Business enterprises
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Release : 2004
Genre : Business enterprises
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Book Rating : 688/5 ( reviews)

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Book Synopsis The Greenhouse Gas Protocol by :

Download or read book The Greenhouse Gas Protocol written by . This book was released on 2004. Available in PDF, EPUB and Kindle. Book excerpt: The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.

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