US climate policy: A critical assessment of intensity standards

被引:8
|
作者
Boehringer, Christoph [1 ]
Garcia-Muros, Xaquin [2 ]
Gonzalez-Eguino, Mikel [2 ,3 ]
Rey, Luis [4 ]
机构
[1] Carl von Ossietzky Univ Oldenburg, Dept Econ, Oldenburg, Germany
[2] Basque Ctr Climate Change BC3, Bilbao, Spain
[3] Univ Basque Country UPV EHU, Bilbao, Spain
[4] European Commiss, Joint Res Ctr JRC, Seville, Spain
关键词
Carbon leakage; Intensity standards; Computable general equilibrium; CARBON LEAKAGE; GAS; OIL; REDUCTIONS; TARGETS; DEMAND; TRADE;
D O I
10.1016/j.eneco.2017.10.021
中图分类号
F [经济];
学科分类号
02 ;
摘要
Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage. Moreover, standards can lead to considerable welfare losses compared to emission pricing via carbon taxation or an emissions trading system. The tradability of standards across industries is a mechanism that can reduce these negative effects. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码:125 / 135
页数:11
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