Arbeitspapier

US climate policy: A critical assessment of intensity standards

Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage. Moreover, standards can lead to considerable welfare losses compared to emission pricing via carbon taxation or an emissions trading system. The tradability of standards across industries is a mechanism that can reduce these negative effects.

Sprache
Englisch

Erschienen in
Series: Oldenburg Discussion Papers in Economics ; No. V-384-15

Klassifikation
Wirtschaft
Firm Behavior: Theory
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Computable and Other Applied General Equilibrium Models
Thema
unilateral climate policy
carbon leakage
intensity standards
computable general equilibrium

Ereignis
Geistige Schöpfung
(wer)
Böhringer, Christoph
Garcia-Muros, Xaquín
Gonzalez-Equino, Mikel
Rey, Luis
Ereignis
Veröffentlichung
(wer)
University of Oldenburg, Department of Economics
(wo)
Oldenburg
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Böhringer, Christoph
  • Garcia-Muros, Xaquín
  • Gonzalez-Equino, Mikel
  • Rey, Luis
  • University of Oldenburg, Department of Economics

Entstanden

  • 2015

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