Efficiency and Equity of Emissions Trading with Endogenous Environmental Technical Change

Author(s):  
Paolo Buonanno ◽  
Carlo Carraro ◽  
Efrem Castelnuovo ◽  
Marzio Galeotti
2020 ◽  
Vol 272 ◽  
pp. 122891
Author(s):  
Weidong Wang ◽  
Dong Wang ◽  
Wenli Ni ◽  
Caijing Zhang

2018 ◽  
Vol 9 (9) ◽  
pp. 749-773
Author(s):  
Jonathan Fisher

There is considerable concern and debate about the economic impacts of environmental regulations. Jonathan Fisher, former Economics Manager at the Environment Agency in England and Wales, reviews the available evidence on this subject. Section 2 presents estimates of the costs and benefits of environmental regulations. Section 3 examines the impacts of environmental regulations on economic growth, innovation and technical change as well as impacts on competitiveness and any movement of businesses to less pollution havens. He questions call for greater certainty regarding future environmental regulations, whereas in fact there should be calls for less uncertainty. This section then suggests how this could be achieved. This section then finishes with an overview of the available evidence. This includes an examination of the Porter Hypothesis that environmental regulations can trigger greater innovation that may partially or more than fully offset the compliance costs. Section 4 then sets out principles for how better environmental regulation can improve its impacts on sustainable economic growth and illustrates how the European Union (EU) Water Framework Directive is a good example of the application of these principles in practice. Section 5 reviews current and recent political perspectives regarding developments in environmental regulations across the EU and shows how the United Kingdom (UK) has successfully positively managed to influence such developments so that EU environmental regulations now incorporate many of these principles to improve their impacts on economic growth. Section 5.1 then examines the implications of Brexit for UK environmental regulations. Finally, Section 6 sets out some best practice principles to improve the impacts of environmental regulation on sustainable economic growth, innovation and technical change.


Holiness ◽  
2020 ◽  
Vol 1 (2) ◽  
pp. 161-176
Author(s):  
Stephen Bevans

AbstractWhile ‘Mission in Britain today’ includes many aspects, this article focuses on the witness of the Church within Britain’s contemporary highly secularized culture. Rather than ‘technical change’, the Church is called to work at ‘adaptive change’, and so to concentrate less on strategies and more on internal renewal. Such adaptive change involves freeing people’s imagination from simplistic and abusive images of God, offering a positive image of God that is inspiring and truly challenging, recognizing the kenotic nature of the Church, and realizing that mission is carried out in a world of grace where God is already present and working


2008 ◽  
Vol 159 (9) ◽  
pp. 296-302
Author(s):  
Richard Volz

The Kyoto Protocol makes provisions for carbon sinks from forest management to be taken into account as a contribution towards fulfilling a country's emission reduction target. Additional emission allowances are allocated for these forest carbon sinks. If Switzerland uses this extra contingent of allowances to the full it would then only have to reduce emissions by 4.5% instead of the actual target of 8%. Emission allowances from carbon sinks can be traded on the emissions trading market and be claimed by forest owners. An assessment of the income that could be anticipated was carried out in four forestry companies: with the CO2 price set at 10 CHF per ton it was seen that a potential revenue of between 6 and 71 CHF per hectare and year could be realised. However, the legal basis for allocating emission allowances from carbon sinks to forest owners has yet to be created. In view of the fact that the two chambers of Parliament refused the introduction of the Forests Act Revision Bill, it is not clear if and in what form this will be done. For the period after 2012, the rules will be renegotiated at the international level and it is expected that the carbon stored in harvested wood products will be taken into account. Accordingly, wood removed from the forest would no longer be automatically counted as a CO2 source in the emission balance.


Sign in / Sign up

Export Citation Format

Share Document