The Role of Economics in Climate Change Policy

By Warwick J. McKibbin, P. Wilcoxen. 2002

324 citations recorded by the source corpus.

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

View Paper: https://www.semanticscholar.org/paper/3c4956891bc8e3f6da102cfe58c5c7f874314107

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In Economics and Econometrics

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Citations in the corpus

A Global Approach to Energy and the Environment (2013, unknown): “This experience led to the development of a 'Hybrid' policy of taxes and permit trading set out in McKibbin and Wilcoxen (2002a , 2002b , 2004 , 2007 .”
Is International Emissions Trading Always Beneficial? (2004, unknown): “the permit market ( McKibbin and Wilcoxen, 2002 ).”
An Expanded Three-Part Architecture for Post-2012 International Climate Policy (2009, unknown): “3Annex I of the UNFCCC and Annex B of the Kyoto Protocol are often used interchangeably to represent the industrialized countries that have commitments under the Kyoto Protocol, although there are a few countries that are included in one Annex but not the other.”
The Kyoto Protocol: A Review and Perspectives (2003, background): “11 All in all, they conclude " that the Kyoto Protocol is an impractical policy focused on achieving an unrealistic and inappropriate goal " (McKibbin and Wilcoxen 2002, p.127).”
Carbon Markets and Technological Innovation (2010, unknown): “If the carbon price reaches the pre-speciﬁed maximum price (price cap), additional permits are issued (Roberts and Spence 1976; McKibbin and Wilcoxen 2002; Pizer 2002).”
Price Floors for Emissions Trading (2010, unknown): “There has been considerable discussion of approaches that include a price ceiling, also known as a ‘safety valve’ (Aldy et al., 2001; Jacoby and Ellerman, 2004; Pizer, 2002; McKibbin and Wilcoxen, 2002; McKibbin et al., 2009; Philibert, 2000).”
Credible Carbon Policy (2003, background): “4 See, for example, Tietenberg (1990) and McKibbin and Wilcoxen (2002).”
Thirteen plus one: a comparison of global climate policy architectures (2003, background): “WhileCooper (1998, 2001)advocates harmonized carbon taxes, most proposals favor hybrid quota-tax schemes (Aldy et al., 2001; Hahn, 1998, McKibbin and Wilcoxen, 1997, 2000, 2002; Victor, 2001) or tradable permit systems (Hahn, 1998; Stavins, 2001b; Stewart and Wiener, 2001).”
The ‘2°C capital stock’ for electricity generation: Committed cumulative carbon emissions from the electricity generation sector and the transition to a green economy (2016, background): “Cumulative cap and trade One more novel form of carbon pricing would be a cumulative emissions cap and trade system (cf [61]) consistent with estimates of the remaining carbon budget and the energy sector’s appropriate share of that budget.”
Second-best theory and the use of multiple policy instruments (2007, background): “The use of a combined tax and tradable permit system has been examined in recent years in the context of addressing global climate change (Jacoby and Ellerman 2004; Kopp et al. 2000; Pizer 1999, 2002; McKibbin and Wilcoxen 2002).”