The Global Effects of Subglobal Climate Policies
AbstractIndividual countries are in the process of legislating responses to the challenges posed by climate change. The prospect of rising carbon prices raises concerns in these nations about the effects on the competitiveness of their own energy-intensive industries and the potential for carbon leakage, particularly leakage to emerging economies that lack comparable regulation. In response, certain developed countries are proposing controversial trade-related measures and allowance allocation designs to complement their climate policies. Missing from much of the debate on trade-related measures is a broader understanding of how climate policies implemented unilaterally (or subglobally) affect all countries in the global trading system. Arguably, the largest impacts are from the targeted carbon pricing itself, which generates macroeconomic effects, terms-of-trade changes, and shifts in global energy demand and prices; it also changes the relative prices of certain energy-intensive goods. This paper studies how climate policies implemented in certain major economies (the European Union and the United States) affect the global distribution of economic and environmental outcomes and how these outcomes may be altered by complementary policies aimed at addressing carbon leakage.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by De Gruyter in its journal The B.E. Journal of Economic Analysis & Policy.
Volume (Year): 10 (2010)
Issue (Month): 2 (December)
Contact details of provider:
Web page: http://www.degruyter.com
Other versions of this item:
- Christoph Böhringer & Carolyn Fischer & Knut Einar Rosendahl, 2010. "The Global Effects of Subglobal Climate Policies," Discussion Papers 634, Research Department of Statistics Norway.
- Böhringer, Christoph & Fischer, Carolyn & Rosendahl, Knut Einar, 2010. "The Global Effects of Subglobal Climate Policies," Discussion Papers dp-10-48, Resources For the Future.
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
- Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
- H2 - Public Economics - - Taxation, Subsidies, and Revenue
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bohringer, Christoph & Lange, Andreas, 2005.
"On the design of optimal grandfathering schemes for emission allowances,"
European Economic Review,
Elsevier, vol. 49(8), pages 2041-2055, November.
- Böhringer, Christoph & Lange, Andreas, 2003. "On the Design of Optimal Grandfathering Schemes for Emission Allowances," ZEW Discussion Papers 03-08, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Christoph Böhringer & Thomas F. Rutherford, 2010. "The Costs of Compliance: A CGE Assessment of Canada's Policy Options under the Kyoto Protocol," The World Economy, Wiley Blackwell, vol. 33(2), pages 177-211, 02.
- Fischer, Carolyn & Fox, Alan K., 2009. "Combining Rebates with Carbon Taxes: Optimal Strategies for Coping with Emissions Leakage and Tax Interactions," Discussion Papers dp-09-12, Resources For the Future.
- Kala Krishna, 2010.
"Limiting Emissions and Trade: Some Basic Ideas,"
NBER Working Papers
16147, National Bureau of Economic Research, Inc.
- Clemens Haftendorn & Claudia Kemfert & Franziska Holz, 2011.
"What about Coal?: Interactions between Climate Policies and the Global Steam Coal Market until 2030,"
Discussion Papers of DIW Berlin
1146, DIW Berlin, German Institute for Economic Research.
- Haftendorn, C. & Kemfert, C. & Holz, F., 2012. "What about coal? Interactions between climate policies and the global steam coal market until 2030," Energy Policy, Elsevier, vol. 48(C), pages 274-283.
- repec:old:wpaper:338 is not listed on IDEAS
- Hübler, Michael & Löschel, Andreas, 2013.
"The EU Decarbonisation Roadmap 2050—What way to walk?,"
Elsevier, vol. 55(C), pages 190-207.
- Hübler, Michael & Löschel, Andreas, 2013. "The EU decarbonisation roadmap 2050: What way to walk?," ZEW Discussion Papers 12-055 [rev.], ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Hübler, Michael & Löschel, Andreas, 2012. "The EU decarbonisation roadmap 2050: What way to walk?," ZEW Discussion Papers 12-055, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Christoph Böhringer & Carolyn Fischer & Knut Einar Rosendahl, 2011.
"Cost-effective unilateral climate policy design: Size Matters,"
664, Research Department of Statistics Norway.
- Böhringer, Christoph & Fischer, Carolyn & Einar Rosendahl, Knut, 2011. "Cost-Effective Unilateral Climate Policy Design: Size Matters," Discussion Papers dp-11-34, Resources For the Future.
- Edwin van der Werf & Corrado Di Maria, 2011. "Unintended Detrimental Effects of Environmental Policy: The Green Paradox and Beyond," CESifo Working Paper Series 3466, CESifo Group Munich.
- Fischer, Carolyn & Springborn, Michael R., 2009.
"Emissions Targets and the Real Business Cycle: Intensity Targets versus Caps or Taxes,"
dp-09-47, Resources For the Future.
- Fischer, Carolyn & Springborn, Michael, 2011. "Emissions targets and the real business cycle: Intensity targets versus caps or taxes," Journal of Environmental Economics and Management, Elsevier, vol. 62(3), pages 352-366.
- Fischer, Carolyn & Springborn, Michael R., 2011. "Emissions Targets and the Real Business Cycle: Intensity Targets versus Caps or Taxes," Discussion Papers dp-09-47-rev, Resources For the Future.
- Johannes Bollen & Corjan Brink & Paul Koutstaal & Paul Veenendaal & Herman Vollebergh, 2012. "Trade and Climate Change: Leaking Pledges," CESifo DICE Report, Ifo Institute for Economic Research at the University of Munich, vol. 10(3), pages 44-51, November.
- Arik Levinson, 2010.
"Belts and Suspenders: Interactions Among Climate Policy Regulations,"
NBER Working Papers
16109, National Bureau of Economic Research, Inc.
- Arik Levinson, 2011. "Belts and Suspenders: Interactions among Climate Policy Regulations," NBER Chapters, in: The Design and Implementation of US Climate Policy, pages 127-140 National Bureau of Economic Research, Inc.
- repec:old:wpaper:355 is not listed on IDEAS
- Weitzel, Matthias & Hübler, Michael & Peterson, Sonja, 2012.
"Fair, optimal or detrimental? Environmental vs. strategic use of border carbon adjustment,"
Elsevier, vol. 34(S2), pages S198-S207.
- Matthias Weitzel & Michael Hübler & Sonja Peterson, 2012. "Fair, Optimal or Detrimental? Environmental vs. Strategic Use of Border Carbon Adjustment," Kiel Working Papers 1792, Kiel Institute for the World Economy.
- Christoph Böhringer & Knut Einar Rosendahl & Jan Schneider, 2013. "Unilateral Climate Policy: Can OPEC resolve the Leakage Probem?," Working Papers V-355-13, University of Oldenburg, Department of Economics, revised Mar 2013.
- Knut Einar Rosendahl & Halvor Briseid Storrøsten, 2011. "Output-based allocation and investment in clean technologies," Discussion Papers 644, Research Department of Statistics Norway.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.