PPT-Some Dismal Economics of Carbon Pricing

in Honor of Bob Rosner Robert Topel University of Chicago Background Climate Externalities and Pigouvian Taxes Economists think of anthropogenic climate change as a classic problem of externality. FERRARO Laura O Taylor An Article Submitted to The BE Journals in Economic Analysis Policy Manuscript 1469 Georgia State University PFERRAROGSUEDU Georgia State University taylorgsuedu Copyright 2005 by the authors All rights reserved No part of th Carbon tax es provide certainty in regard to the marginal cost f aced by emitters per tCO2e but do not guarantee a maximum level of emission reductions unlike an emissions trading scheme However this economic instrument can be used to achieve a cos I. The Dismal Theorem In a series of papers, Martin Weitzman has proposed what he calls a Dismal follows: “[T]he catastrophe-insurance unting aspect, the pure-risk aspect, and the consumption- Great Dismal Swamp National Wildlife Refuge. Chris Lowie. Refuge Manager. Great Dismal Swamp National Wildlife Refuge. 1763 – George Washington Visited the Swamp. 1909 – Camp Manufacturing Lumber Company. DEE 2011. London: September 2011. Dr Wayne . Geerling. , School of Economics & Finance, La Trobe University. “Most students who take introductory economics seem to leave the course without really having learned even the most important basic economic principles” (Frank, 2006). w. arming. The Macro-Economics of European Economies. MSc in Economic Policy Studies. John FitzGerald, March 2015. Course Outline. How does an economy work? JF . 16-1-2015. The genesis of macroeconomics . = bad; abnormal; . worse. dismal. Depressing; . causing gloom. or misery; . causing . bad. feelings. After several dismal, rainy days, Dylan . longed for blue skies and sunshine. . Nancy was upset after seeing her . Dr. Venkata Ramana Putti. Carbon Markets and Innovation. Asia Pacific Carbon Forum, Singapore. July 11-13, 2018. State of Carbon Pricing. 45 national and 25 subnational jurisdictions . are putting a price on carbon. Dr. Venkata Ramana Putti. Program Manager. Carbon Pricing Promotion Activities of the World Bank . Carbon Pricing around the world. .  . 47 current initiatives ($52b) covering 15% GHG emissions . 81 NDCs covering 55% GHG emissions mention CP as an option. Peter Cramton, University of Maryland. Steven Stoft, Global Energy Policy Center. The World Bank, 20 May 2010. Roadmap to Global Cooperation. Avoid . cap-or-tax. fight. Avoid problems of . Copenhagen. Banu Buyurgan. Turkish communications strategy. National. . Challenges. /. Circumstances. Low level of concern on. . the . carbon. . and. . its. . impact. on . climate. . change. . e.g. . . air. Outline of the PMR146s support With the expected outcome to improve Indonesia146s readiness in designing and implementing carbon pricing instruments in energy sector PMR Indonesia works in three areas of a discussion paper supported by the Enel Foundationwwwhksharvardedu/hpcaBeginning with similarities and symmetries first the two instruments are perfectly equient in regard to ncentives for emissio Roadmap for Our Discussion. Energy Trading Systems. Blockchain Technology. Energy Trading Systems + Blockchain Technology. Virtue Ethics Perspective. Future Considerations. 1. 2. 3. 5. 6. Quantifiable Outcomes.