Greenhouse gas emissions should be stabilized to today's level to prevent harmful climate damage.The countries that have signed the Kyoto Protocol committed themselves to reduce their greenhouse gas emissions over the period 2008 to 2012, but only to a very limited extent. The USA decided not to ratify the Kyoto Protocol for various reasons. Furthermore, fast-growing economies like China are about ...
Technological change has become a major focus in environmental policy as well as in energy and climate policy. Indeed, there is a growing body of knowledge about how and in which direction technological change might have an impact on environmental resource constraints and how environmental policy might have an impact on this direction. In this article we introduce the contributions to this special ...
Due to the size and structure of its economy, Germany is one of the largest carbon emitters in the European Union. However, Germany is facing a major renewal and restructuring process in electricity generation. Within the next two decades, up to 50% of current electricity generation capacity may retire because of end-of-plant lifetime and the nuclear phase-out pact of 1998. Substantial opportunities ...
The anticipated implications of international environmental policy strategies are critical for the success or failure of international negotiations on climate change policies. In this paper, we discuss the complex modeling issues related to the incorporation of international environmental policy measures in one of the popular applied general equilibrium models for international trade, the so-called ...