Designing Climate Mitigation Policy

By Joseph E. Aldy, Alan Krupnick, Richard G. Newell, Ian W. H. Parry, William A. Pizer. 2010

309 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/056c27a6e1dbde23e550ed630b05e3608312059e

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In Economics and Econometrics

In Renewable Energy, Sustainability and the Environment

Citations in the corpus

The effect of carbon pricing on technological change for full energy decarbonization: A review of empirical ex‐post evidence (2020, background): “The first is the dynamic efficiency framework, also known as the welfare-maximizing paradigm (Aldy et al., 2010), which uses the social cost of carbon (SCC) as the benchmark for cap-and-trade allowance price or tax levels.”
Destruction, Disinvestment, and Death: Economic and Human Losses Following Environmental Disaster (2013, background): “In the design of climate change policy, adaptation to climatic changes is viewed as a substitute for efforts to mitigate climate changes directly (Stern (2006); Nordhaus (2008); de Bruin, Dellink and Tol (2009); Aldy et al. (2010); Patt et al. (2010)).”
Carbon markets 15 years after Kyoto: Lessons learned, new challenges (2013, background): “…to this formula, a discount rate is required, which raises a distinct set of analytical challenges, for both the estimation of damages and the rate at which the carbon price should rise (Interagency Working Group on Social Cost of Carbon 2009; Aldy et al. 2010; National Research Council 2010).”
Energy intensity developments in 40 major economies: Structural change or technology improvement? (2013, background): “If efficiency improvements can be replicated, the implementation of agreements based on technology transfer might be a better choice in terms of incentive compatibility than the design of new regulatory frameworks to promote the participation of developing countries (Aldy et al., 2010).”
Carbon pricing in climate policy: seven reasons, complementary instruments, and political economy considerations (2017, background): “One reason may be that this argument was neglected by previous comprehensive reviews of environmental policy analysis.(18,19) In line with this, rebound has so far not been considered a standard criterion in environmental policy analysis.”
The social cost of carbon revisited (2016, unknown): “See Aldy et al. (2010) for a discussion of this issue, and an overview of climate policy design. I discuss the trade-off between taxes versus targets as the focus of policy, and introduce the methodology used in this paper in Pindyck (2017a). (5)My objective is to estimate a global SCC, so the relev”
Perceived fairness and public acceptability of carbon pricing: a review of the literature (2019, background): “The main reason is that carbon pricing increases relative prices of high-versus low-carbon goods and services, resulting in an effective as well as efficient way of reducing CO 2 emissions (Aldy et al., 2010; Nordhaus, 2010; Baranzini et al., 2017).”
Tracking global carbon revenues: A survey of carbon taxes versus cap-and-trade in the real world (2016, background): “…found that 87% of respondents had heard “nothing” or just “a little” about the state's cap-and-trade program, which began generating government revenues later that year, and that 65% had “very little” or “no” confidence in the state's government to use that money wisely (Baldassare et al., 2012).”
Vertical and Horizontal Redistributions from a Carbon Tax and Rebate (2019, unknown): “…MARKET-BASED PRICING POLICY such as a carbon tax or tradable permit program can reduce emissions at less cost than commonly employed mandates like a renewable-fuel standard or energy efficiency standard (see Goulder and Parry 2008; Aldy et al. 2010; or the exception in Goulder et al. 2016).”
Carbon Tariffs: An Analysis of the Trade, Welfare and Emission Effects (2017, unknown): “In the Anderson and van Wincoop (2003) framework, the production structure is not modeled.”
Political economy constraints on carbon pricing policies: What are the implications for economic efficiency, environmental efficacy, and climate policy design? (2014, background): “Yet both market-based policy instruments rest upon a common economic foundation and in practice can be designed to yield equivalent results (Aldy et al., 2010).”
A literature-based multi-criteria evaluation of the EU ETS (2012, background): “As the CO2 concentration in the atmosphere rises in the future, marginal damage will increase and the SCC will rise at an estimated rate of 2–3% per year [66].”
Automobile Fuel Economy Standards: Impacts, Efficiency, and Alternatives (2011, unknown): “2009; Tol 2009; Aldy et al. 2010; IWG 2010). Netting out this benefit, the marginal cost curves in Figure 3 shift down, but they would still have positive intercepts of 22 cents per gallon. Thus, under this assumption, global warming by itself is not sufficient to warrant raising the existing fuel t”
Transaction costs and environmental policy design (2013, background): “While environmental economists have examined design issues regarding the incentives for, and costs and benefits of abatement (e.g., Aldy et al., 2010; Zilberman and Segerson, 2012), there is relatively little literature on transaction costs1 and design of environmental policies.”
Designing an effective climate-policy mix: accounting for instrument synergy (2021, background): “ment costs of complying with the policy – are well known, based on extensive theoretical and empirical insights (Aldy et al., 2010).”