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(University College Dublin. School of Economics, 2008-04)
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(2006)
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(Tilburg University. Center for Economic Research, 2005-05)The increase in carbon dioxide emissions by some countries in reaction to an emission reduction by countries with climate policy (carbon leakage) is seen as a serious threat to unilateral climate policy. Using a two-country ...
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(Springer Science + Business Media, 2007)Using a stylized theoretical model, we argue that current economic analyses of climate policy tend to over-estimate the degree of carbon leakage, as they abstract from the effects of induced technological change. We analyse ...
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(European Association of Environmental and Resource Economists, 2005)This paper analyzes the consequences of unilateral climate policy in the presence of directed technical change. We develop a dynamic two-country model in which two otherwise identical countries differ in their environmental ...
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(Irish Economic Association, 2009-04)In this paper we study the optimal extraction of two fossil fuels when the economy faces an announced constraint on CO2 emissions a la Kyoto. When high- and low-carbon resources are perfect substitutes, announcement of ...
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(University College Dublin. Environmental Institute, 2003)
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(University College Dublin. Environmental Institute, 2003)
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(Irish Economic Association, 2009-04)We use historical industrial emissions data to assess the level of abatement and overallocation that took place across European countries during the pilot phase (2005-2007) of the European Union Emission Trading Scheme. ...