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Cutting CO2 Emissions: The Effects of Alternative Policy Approaches

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Author Info
John Whalley
Randall Wigle
Abstract

This paper starts from the premise that attempts to curtail global emissions of greenhouse gases are likely to be made in the next few decades. We discuss some of the possible international effects which could result from attempts to achieve such a cutback, and illustrate a methodology which we hope to extend, in subsequent work, to further evaluating the consequences of responding to the problem of global warming. We identify possible magnitudes of effects of cutting global CO2 emissions, and illustrate ways in which intercountry terms-of-trade effects and changes in trade patterns may occur.

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Publisher Info
Article provided by International Association for Energy Economics in its journal The Energy Journal.

Volume (Year): 12 (1991)
Issue (Month): 1 ()
Pages: 109-124
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Handle: RePEc:aen:journl:1991v12-01-a07

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  2. Nilsson, Charlotte, 1999. "A Unilateral Versus a Multilateral Carbon Dioxide Tax - A Numerical Analysis with the European Model GEM-E3," Working Paper 66, National Institute of Economic Research. [Downloadable!]
  3. Marinus Komen & Jack Peerlings, 1999. "Energy Taxes in the Netherlands: What are the Dividends?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 14(2), pages 243-268, September. [Downloadable!] (restricted)
  4. Stephen P.A. Brown & Hillard G. Huntington, 1996. "Some implications of increased cooperation in world oil conservation," Working Papers 96-08, Federal Reserve Bank of Dallas. [Downloadable!]
  5. Paul Ekins, 1995. "Rethinking the costs related to global warming: A survey of the issues," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 6(3), pages 231-277, October. [Downloadable!] (restricted)
  6. Alistair fnUlph, 1996. "Environmental policy instruments and imperfectly competitive international trade," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 7(4), pages 333-355, June. [Downloadable!] (restricted)
  7. W. J. McKibbin & T. J. Bok, . "The Impact on the Asia-Pacific Region of Fiscal Policy of the United States and Japan," Discussion Papers 120, Brookings Institution International Economics. [Downloadable!]
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  9. Stephen P.A. Brown & Hillard G. Huntington, 2003. "Terms of trade and OECD policies to mitigate global climate change," Economic and Financial Policy Review, Federal Reserve Bank of Dallas. [Downloadable!]
  10. Larson, Donald F. & Breustedt, Gunnar, 2007. "Will markets direct investments under the Kyoto Protocol ?," Policy Research Working Paper Series 4131, The World Bank. [Downloadable!]
  11. Zhang, ZhongXiang & Baranzini, Andrea, 2000. "What do we know about carbon taxes? an inquiry into their impacts on competitiveness and distribution of income," MPRA Paper 13225, University Library of Munich, Germany, revised Jan 2003. [Downloadable!]
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  12. Mustafa Babiker, 1998. "The CO2 Abatement Game: Costs, Incentives and the Stability of a Sub-Global Coalition," Computational Economics 9807002, EconWPA. [Downloadable!]
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