| 81. |
- Mukanjari, Samson, 1982, et al.
(författare)
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Charting a “Green Path” for Recovery from COVID-19
- 2020
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Ingår i: Environmental and Resource Economics. - : Springer Science and Business Media LLC. - 0924-6460 .- 1573-1502. ; 76:4
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Tidskriftsartikel (refereegranskat)abstract
- Should the economic recovery from the 2019 novel coronavirus disease (COVID-19) be green? The current crisis is so severe that we should not take the answer for granted. It requires serious thought and we start by reviewing some arguments for and against a green approach. A crucial element is of course to see how different industries fare in the current crisis. Our empirical contribution is to examine daily stock returns for firms from the STOXX Europe 600 index. We find that firms with higher carbon intensities experienced significantly large decreases in stock values particularly those within the crude petroleum extraction, air transport and coke and refined petroleum industries. Our tentative conclusion is that efforts to revitalize the economy should avoid subsidizing stranded assets and instead target the industries of the future. However, identifying these will not necessarily be easy. We find, for example, that having an official ESG “climate change policy” has no effect on firm performance during the pandemic. We suggest possible ways of designing a new form of more informative index.
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| 82. |
- Mukanjari, Samson, 1982, et al.
(författare)
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Coordinated Carbon Taxes or Tightened NDCs: Distributional Implications of Two Options for Climate Negotiations
- 2023
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Ingår i: Q Open. - 2633-9048. ; 3:1
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Tidskriftsartikel (refereegranskat)abstract
- Concerns about fairness among countries remain significant obstacles to a stronger global climate treaty. This paper addresses the distributional implications of two mechanisms to strengthen the Paris Agreement, the incorporation of national carbon pricing, and the tightening of nationally determined contributions (NDCs). Both are found to be viable mechanisms. They are also less extreme, and therefore more acceptable, than both grandfathering, which favors the most fossil-intensive economies, and equal per capita allocation, which favors low-income countries that use less fossil fuel. However, compensatory funding for developing countries will also be needed at scale. An analysis of the ambitiousness of current climate policies shows a broad range of outcomes: the more ambitious NDCs have emission levels below either the per capita or grandfathering levels, and sometimes both. However, some NDCs, especially those tabled by the largest emitters, are severely lacking in ambition.
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| 83. |
- Mukanjari, Samson, et al.
(författare)
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Do markets Trump politics? Fossil and renewable market reactions to major political events
- 2023
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Ingår i: Economic Inquiry. - 0095-2583 .- 1465-7295.
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Tidskriftsartikel (refereegranskat)abstract
- We investigate the effects of three events with major importance for climate policy on energy sector stocks: the Paris Agreement, the Trump election and presidency, and the Biden election. By combining event studies with impulse-indicator saturation methods, we show that the Paris Agreement and the election of Mr. Biden benefited renewable industries, while the election of Mr. Trump had negative effects. For fossil fuel industries, the effects were largely the opposite. Despite Trump's efforts to eliminate environmental regulations, his presidency did however witness a decrease in both US coal production and consumption, while natural gas and oil consumption increased.
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| 84. |
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| 85. |
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| 86. |
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| 87. |
- Persson, Martin, 1976, et al.
(författare)
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Konsensus i förändring – klimatekonomi efter Stern
- 2008
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Ingår i: Ekonomisk Debatt. ; 36:4, s. 65-81
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Tidskriftsartikel (övrigt vetenskapligt/konstnärligt)abstract
- Med slutsatsen att snara och kraftfulla åtgärder för att minska utsläppen av växthusgaser är ekonomiskt motiverade utmanade Sternrapporten den rådande bilden av klimatförändringarnas ekonomi. Trots att kritiken initialt var hård har debatten efter Sternrapporten visat på ett konsensus i förändring. Allt fler ekonomer menar att det finns många starka argument för en kraftfull klimatpolitik, men få motargument som håller. I denna artikel ger vi tre exempel på detta: alternativa etiska utgångspunkter för den ekonomiska analysen, högre uppskattningar av klimatförändringarnas kostnader, samt effekterna av begränsad substituerbarhet och förändrade relativpriser. Vi diskuterar även aggregering av kostnader mellan olika grupper och hantering av risk.
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| 88. |
- Quiroga, Miguel, et al.
(författare)
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Have Countries with Lax Environmental Regulations a Comparative Advantage in Polluting Industries?
- 2007
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Ingår i: RFF Discussion Paper Series. ; :RFF DP 07-08
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Tidskriftsartikel (övrigt vetenskapligt/konstnärligt)abstract
- We aim to study whether lax environmental regulations induce comparative advantages, causing the least-regulated countries to specialize in polluting industries. The study is based on Trefler and Zhu’s (2005) definition of the factor content of trade. For the econometrical analysis, we use a cross-section of 71 countries in 2000 to examine the net exports in the most polluting industries. We try to overcome three weaknesses in the empirical literature: the measurement of environmental endowments or environmental stringency, the possible endogeneity of the explanatory variables, and the influence of the industrial level of aggregation. As a result, we do find some evidence in favor of the pollution-haven effect. The exogeneity of the environmental endowments was rejected in several industries, and we also find that industrial aggregation matters.
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| 89. |
- Rasmussen, Joel, 1978-, et al.
(författare)
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Gender and life-stage dependent reactions to the risk of radioactive contamination: A survey experiment in Sweden
- 2020
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Ingår i: PLoS ONE. - : Public Library of Science (PLoS). - 1932-6203. ; 15:4
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Tidskriftsartikel (refereegranskat)abstract
- This article proposes and examines gender and life-stage factors as determinants of public worry and risk avoidance in a nuclear fallout scenario. Drawing on a survey (N 2,291) conducted in Sweden, the article demonstrates statistically significant results that women as well as parents with children at home are more likely to express high levels of worry for radiation exposure and have a preference to move away from a fallout area despite assurance of successful remediation. Moreover, a negative relationship is shown between age and both worry for radiation exposure and preference to move. These novel results from Northern Europe thus support a life-stage framing of public risk attitudes. As radiation physicists develop new methods showing that women and children are at higher risk of cancer than other groups at the same radiation exposure, we may actually see the precaution among women and parents as a regulating mechanism for the higher objective risk they face. The results are moreover in agreement with studies of public risk reactions in Japan, creating a strong knowledge base that human-induced radiation pollution is largely an intolerable risk to the public. Considering the public opinion, managing an intolerable risk through risk mitigation by remediation alone is likely insufficient in many cases. A viable strategy would offer a range of social support options that enable individual decision-making and the protection of risk groups.
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| 90. |
- Revesz, R., et al.
(författare)
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Best cost estimate of greenhouse gases
- 2017
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Ingår i: Science. - : American Association for the Advancement of Science (AAAS). - 0036-8075 .- 1095-9203. ; 357:6352
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Tidskriftsartikel (övrigt vetenskapligt/konstnärligt)
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