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
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Englisch
- Erschienen in
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Series: Oldenburg Discussion Papers in Economics ; No. V-384-15
- Klassifikation
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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
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Geistige Schöpfung
- (wer)
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Böhringer, Christoph
Garcia-Muros, Xaquín
Gonzalez-Equino, Mikel
Rey, Luis
- Ereignis
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Veröffentlichung
- (wer)
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University of Oldenburg, Department of Economics
- (wo)
-
Oldenburg
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Böhringer, Christoph
- Garcia-Muros, Xaquín
- Gonzalez-Equino, Mikel
- Rey, Luis
- University of Oldenburg, Department of Economics
Entstanden
- 2015