Climate Policies: A Burden or a Gain?

Arbeitspapier

That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are substitutes. This brings climate policies naturally in the realm of benefit-cost analysis. In this paper we illustrate the direct cost components of various policies, and then confront them with the benefits generated, that is, the damage cost avoided. However, the sheer benefit-cost criterion is not a sufficient incentive to induce cooperation among countries, a necessary condition for an effective global climate policy. Thus, we also explore how to use this criterion in the context of international climate cooperation.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 4147

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Climate; Natural Disasters and Their Management; Global Warming ; International Fiscal Issues; International Public Goods ; Allocative Efficiency; Cost-Benefit Analysis ; Micro-Based Behavioral Economics: General‡ ; International Policy Coordination and Transmission ; Renewable Resources and Conservation: General
• Thema: climate policy ; integrated assessment ; cost-benefit analysis ; climate cooperation

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Bréchet, Thierry ; Tulkens, Henry
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and ifo Institute (CESifo)
• (wo): Munich
• (wann): 2013

Weitere Informationen

• Handle: http://hdl.handle.net/10419/70932
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ