Environmental and Resource Economics最新文献

Why Local Governments Set Climate Targets: Effects of City Size and Political Costs 地方政府为何制定气候目标？城市规模和政治成本的影响

Environmental and Resource Economics Pub Date : 2024-09-11 DOI: 10.1007/s10640-024-00919-1

Klaus Eisenack

{"title":"Why Local Governments Set Climate Targets: Effects of City Size and Political Costs","authors":"Klaus Eisenack","doi":"10.1007/s10640-024-00919-1","DOIUrl":"https://doi.org/10.1007/s10640-024-00919-1","url":null,"abstract":"Cities increasingly address climate change, e.g. by pledging city-level emission reduction targets. This is puzzling for the provision of a global public good: what are city governments’ reasons for doing so, and do pledges actually translate into emission reductions? Empirical studies have found a set of common factors which relate to these questions, but also mixed evidence. What is still pending is a theoretical framework to explain those findings and gaps. This paper thus develops a theoretical public choice model. It features economies of scale and distinguishes urban reduction targets from actual emission reductions. The model is able to explain the presence of targets and public good provision, yet only under specified conditions. It is also able to support some stylized facts from the empirical literature, e.g. on the effect of city size, and resolves some mixed evidence as special cases. Larger cities chose more ambitious targets if marginal net benefits of mitigation rise with city size—if they set targets at all. Whether target setting is more likely for larger cities depends on the city type. Two types are obtained. The first type reduces more emissions than a free-riding city. Those cities are more likely to set a target when they are larger. However, they miss the self-chosen target. Cities of the second type reach their target, but mitigate less than a free-riding city. A third type does not exist. With its special cases, the model can thus guide further empirical and theoretical work.","PeriodicalId":501498,"journal":{"name":"Environmental and Resource Economics","volume":"12 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142182608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A Lost Opportunity? Environmental Investment Tax Incentive and Energy Efficient Technologies 失去的机会？环境投资税收激励与节能技术

Environmental and Resource Economics Pub Date : 2024-09-08 DOI: 10.1007/s10640-024-00916-4

Kinga B. Tchorzewska

{"title":"A Lost Opportunity? Environmental Investment Tax Incentive and Energy Efficient Technologies","authors":"Kinga B. Tchorzewska","doi":"10.1007/s10640-024-00916-4","DOIUrl":"https://doi.org/10.1007/s10640-024-00916-4","url":null,"abstract":"This paper examines the impact of the Spanish Environmental Investment (EI) tax credit on adoption of green technologies by employing data from 2567 industrial firms for 6 years. It makes use of the sudden re-introduction of the tax incentive in March 2011, that aimed at favouring energy efficient over solely pollution abating technologies. I exploit this unexpected change and perform a difference-in-differences analysis to study its effect on green investments and as an extention on green employment outcomes. The policy change, aimed at switching financing to energy efficient technologies, is assessed as semi-effective. Admittedly, it decreased investment in end-of-pipe technologies, but the investment in superior cleaner production technologies increased only for the small firms (below 50 employees), which are especially vulnerable to the capital market failure. Unfortunately, the policy change had also a few unexpected indirect effects, firms in response to the tax incentive regime modification reduced the number of their green employees and their associated salaries. In stark contrast to the decision of the Spanish government on this EI tax credit, the results of this analysis seem to be quite encouraging for the continued use of this green fiscal policy and show that the modifications in the precision of the existing fiscal policies can be successful.","PeriodicalId":501498,"journal":{"name":"Environmental and Resource Economics","volume":"45 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142223924","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Escaping the Energy Poverty Trap: Policy Assessment 摆脱能源贫困陷阱：政策评估

Environmental and Resource Economics Pub Date : 2024-09-02 DOI: 10.1007/s10640-024-00918-2

Elisenda Jové-Llopis, Elisa Trujillo-Baute

引用次数: 0

Carbon Leakage from Fuel Taxes: Evidence from a Natural Experiment 燃料税的碳泄漏：来自自然实验的证据

Environmental and Resource Economics Pub Date : 2024-08-29 DOI: 10.1007/s10640-024-00914-6

Jordi J. Teixidó, F. Javier Palencia-González, José M. Labeaga, Xavier Labandeira

引用次数: 0

Exogenous Hazard Rates and Precautionary Behaviour in Resource Economic Dynamics 资源经济动力学中的外生危险率和预防行为

Environmental and Resource Economics Pub Date : 2024-08-28 DOI: 10.1007/s10640-024-00896-5

Eric Nævdal

引用次数: 0

Border Carbon Adjustments and Leakage in the Presence of Public Pollution Abatement Activities 存在公共污染减排活动时的边界碳调整和渗漏问题

Environmental and Resource Economics Pub Date : 2024-08-15 DOI: 10.1007/s10640-024-00882-x

Nikos Tsakiris, Nikolaos Vlassis

引用次数: 0

The Effects of Growing Groups and Scarcity on the Use of a Common Pool Resource – a Lab-in-the-Field Experiment with Lake Victoria Fishers 增长群体和稀缺性对共同资源利用的影响--维多利亚湖渔民的实地实验室实验

Environmental and Resource Economics Pub Date : 2024-08-13 DOI: 10.1007/s10640-024-00906-6

Astrid Dannenberg, Charlotte Klatt, Pia Pico

引用次数: 0

Prospects for Markets for Internationally Transferred Mitigation Outcomes under the Paris Agreement 巴黎协定》下国际转让减排成果的市场前景

Environmental and Resource Economics Pub Date : 2024-08-09 DOI: 10.1007/s10640-024-00899-2

Jon Strand

{"title":"Prospects for Markets for Internationally Transferred Mitigation Outcomes under the Paris Agreement","authors":"Jon Strand","doi":"10.1007/s10640-024-00899-2","DOIUrl":"https://doi.org/10.1007/s10640-024-00899-2","url":null,"abstract":"The Paris Agreement (PA) opens for parties to use Internationally Transferred Mitigation Outcomes (ITMOs) for implementing their Nationally Determined Contributions (NDCs). This paper analyzes spot, forward and options market trading of ITMOs up to the end of the first PA trading period (2030), given uncertainty about (1) the fulfillment of parties’ NDC targets, and (2) the existence and functioning of the ITMO markets, as ITMO banking beyond 2030 is not allowed. Closed-form solutions are derived for options trading and its welfare impacts given uniform distributions of parties’ uncertainties about fulfilling their individual commitments. Access to call options for late ITMO purchases leads to larger forward ITMO sales or less current mitigation, help parties stay in NDC compliance in 2030, brings early revenue to low-income parties, and is welfare enhancing for all parties. Access to put options for late ITMO sales is less important, and will not be used when put options are not subsidized and parties are risk neutral. The ITMO markets can be enabled by donor-provided climate finance. Effectively functioning ITMO markets can dramatically reduce parties’ costs of achieving their NDCs, and could increase parties’ ambitions, then also reducing global greenhouse gas emissions under the agreement.","PeriodicalId":501498,"journal":{"name":"Environmental and Resource Economics","volume":"22 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141941659","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

What Does Air Quality Information Disclosure Deliver and to Whom? Evidence from the Ambient Air Quality Standard (2012) Program in China 空气质量信息公开能带来什么？来自中国《环境空气质量标准（2012）》项目的证据

Environmental and Resource Economics Pub Date : 2024-08-08 DOI: 10.1007/s10640-024-00911-9

Ying Deng, Qianqian Yue, Xin Zhao

引用次数: 0

The Impact of Environmental Measures on Trade and Innovation: Evidence from the WTO Environmental Database (EDB) 环境措施对贸易和创新的影响：来自世贸组织环境数据库（EDB）的证据

Environmental and Resource Economics Pub Date : 2024-08-08 DOI: 10.1007/s10640-024-00898-3

Francesco S. Bellelli, Ankai Xu

引用次数: 0