Tagged with Carbon Markets

Uncertainty of Consumption-Based Carbon Accounts

Environmental Science & Technology (June 19, 2018; DOI: 10.1021/acs.est.8b00632) / by João F. D. Rodrigues, Daniel Moran, Richard Wood, and Paul Behrens https://bit.ly/2K0wIAm [Abstract] Consumption-based carbon accounts (CBCAs) track how final demand in a region causes carbon emissions elsewhere due to supply chains in the global economic network, taking into account international trade. Despite the importance of … Continue reading

The Business of Pricing Carbon

Center for Climate and Energy Solutions / by Manjyot Bhan Ahluwalia http://bit.ly/2wnkID3 Increasingly, companies across sectors and geographies are turning to an internal carbon price as one tool to help them reduce carbon emissions, mitigate climate-related business risks, and identify opportunities in the transition to a low-carbon economy. Establishing a carbon price across a company can … Continue reading

Public Willingness to Pay for a US Carbon Tax and Preferences for Spending the Revenue

Environmental Research Letters (2017, v2 p094012) / by Matthew J Kotchen, et al. http://iopscience.iop.org/article/10.1088/1748-9326/aa822a [Abstract] We provide evidence from a nationally representative survey on Americans’ willingness to pay (WTP) for a carbon tax, and public preferences for how potential carbon-tax revenue should be spent. The average WTP for a tax on fossil fuels that increases household … Continue reading

Carbon Pricing Revenues

Climate Markets and Investment Association (CMIA) http://bit.ly/1LHcWT2 [Yahoo! News] Governments around the world will this year raise around $22 billion from schemes putting a price on carbon dioxide (CO2) emissions such as taxes or emissions trading systems, a report on Wednesday showed… The figure is up 46 percent from an estimated $15 billion raised in 2014, … Continue reading

Expecting the Unexpected: Macroeconomic Volatility and Climate Policy—Summary

Belfer Center, Kennedy School, Harvard Univ. / by Warwick McKibbin, Adele Morris and Peter Wilcoxen (dated “November 2008”) http://bit.ly/1OupSz4 KEY FINDINGS & RECOMMENDATIONS …All else equal, a climate regime that exacerbates downward macroeconomic shocks or depresses the benefits of positive macroeconomic shocks would be more costly and less stable than a system that better handles global … Continue reading

Internationally-Tradable Permits Can Be Riskier for a Country than an Internally-Imposed Carbon Price

Belfer Center, Kennedy School, Harvard Univ. / by Martin L. Weitzman http://bit.ly/1LI5TJs This paper compares internationally-tradeable permits with a uniform carbon price, as seen through the lens of an individual country. To ensure a level playing field, these two approaches are initially calibrated to be welfare-equivalent for the country in a deterministic setting. While both … Continue reading

Assessing the Social Costs and Benefits of Regulating Carbon Emissions

Reason Foundation / by Julian Morris http://reason.org/news/show/social-cost-of-carbon-study [Institute for Energy Research]  Julian Morris has produced a detailed study for Reason that explores the costs and benefits of carbon dioxide emissions. Morris concludes with the provocative claim that the weight of evidence suggests federal agencies should ignore carbon dioxide emissions when evaluating regulations, because on balance the “positive externalities” … Continue reading