Questions tagged [climate-change]

The tag has no usage guidance.

Filter by
Sorted by
Tagged with
4 votes
0 answers
34 views

Adding an energy sector to Nordhaus's RICE model

This is a follow-up question: Modelling effect of renewable energy investment on GDP (via integrated assessment models) I'm interested in adding an energy sector to Nordhaus's RICE model. Has there ...
2 votes
1 answer
109 views

Modelling effect of renewable energy investment on GDP (via integrated assessment models)

I'm interested in modelling the effects of renewable energy investments and fossil fuel plant closures on the GDP using an energy-economy model of America's economy (eg. Nordhaus's RICE). Any ...
0 votes
0 answers
8 views

What is the pharmaceutical value of total off-patent sales?

I'll give some a justification as to why I'm asking and to provide context: The 2022 Intergovernmental Panel on Climate Change 6th Assessment Report has very high confidence that near-term warming ...
3 votes
0 answers
65 views

Effect on Price of Emissions Permits of Progressively Reducing the Cap on Emissions in an Emissions Trading Scheme

Suppose that, in order to address climate change, a country has an emissions trading scheme comprising the following elements: The scope of the scheme is defined to include most industries that ...
  • 7,554
0 votes
1 answer
40 views

Why we’d need carbon tax when we have nuclear plants?

Why would we ever need a carbon tax to reduce our emissions ? Isn’t it simpler and less painful for a country to have its State invest massively in nuclear plants or renewable energy to produce non ...
  • 437
2 votes
1 answer
39 views

Is there a consensus that carbon prices are poor at driving investment?

A post dated 2017 by Skillings on the website of E3G, a think tank focusing on the political economy of climate change, refers (in the 5th paragraph) to: "recent emerging consensus that, whilst ...
  • 7,554
2 votes
2 answers
106 views

Help me find again a paper I saw which calculated a high social cost of carbon

A month or two ago I came across a paper which calculated the social cost of carbon taking into account that less well off countries would be disproportionately affected by climate change, leading to ...
  • 153
1 vote
2 answers
140 views

References about environmental economics

do you know any textbook, or any website providing free lectures or lecture notes, or anything, that would introduce me to environmental economics? I have a master in economics so I am not against ...
  • 437
3 votes
1 answer
265 views

Did William Nordhaus exclude 87% of economic industries from his climate change analysis?

Economist Steve Keen published in article in 2020 titled, The appallingly bad neoclassical economics of climate change. In it, he alleges that climate economists such as William Nordhaus and Richard ...
2 votes
2 answers
177 views

If renewable energy is now cheaper than non-renewable energy, why are we still worried about the climate?

From a recent Our World In Data post, For the world to transition to low-carbon electricity, energy from these sources needs to be cheaper than electricity from fossil fuels. Fossil fuels dominate ...
1 vote
0 answers
31 views

How can I use national accounts to estimate individual carbon footprints?

It’s easy to compute per capita greenhouse gas emissions for a country. I’d like to determine the proportion of this that is under the control of individual consumers, in the sense that they can ...
1 vote
0 answers
28 views

Is there evidence that non-profits might have a tax or other competitive advantage in competing with for-profit corporations?

Lets say my non-profit's interest is to diminish co2 emissions in the city. Are there useful forms of putting that tax money for better use and gaining competitive advantage against other for-profit ...
  • 11
0 votes
1 answer
30 views

Too much of a good thing - examples of production (or utility) functions that are initially increase in a factor and then decrease

I'm attempting to build a spatial model that estimates labour distributions after climate change impacts agricultural production. The key point to note is that some rainfall is good, and some ...
4 votes
3 answers
101 views

Are businesses and individuals buying clean / green / renewable energy contribute to slowing down the climate change?

I'm not sure if an individual choosing a "green energy supplier" is making any difference. My (potentially naive, uneducated) logic is as follows: ...
2 votes
1 answer
38 views

Do property values capture producer choice in agriculture?

I am interested in conducting research into how climate change impacts the social welfare of a country, particularly how it affects producers of agricultural product. My immediate thought was that as ...
  • 620
5 votes
1 answer
85 views

Universal carbon price

To pre-face this, I am not an economist by education. Recently I have read a significant number of policy papers concerning climate change that make the claim, a priori, that a universal carbon price ...
  • 278
2 votes
2 answers
132 views

Are there any drawbacks to a hypothetical climate policy?- Carbon tax for reducing Income tax

Disclaimer: I do not have a formal education in economics Here is the idea of my hypothetical policy: graduated over a period, say about 10 years or longer, the income tax is phased out and a carbon ...
2 votes
1 answer
560 views

Has the "dismal theorem" practical implications?

The so-called "dismal theorem" asserts that we do not appropriately account for catastrophic scenarios which have very small probability of occurrence. It has been studied in details by Martin's ...
  • 1,067
2 votes
1 answer
86 views

Indirect Impacts Of The Netherlands Cutting Greenhouse Emissions?

On 24 June 2015, the Dutch District Court in The Hague ruled that the government must put policies in place to deliver, by 2020, cuts in the country's greenhouse gas emissions of at least 25%, ...
7 votes
1 answer
514 views

What is William Nordhaus' contribution to the economics of climate change?

I'm trying to understand more about the economic repercussions of climate change. I'm unfamiliar with the specifics of the work of William Nordhaus, but it's been predicted in several instances that ...
  • 9,235