Political economy constraints on carbon pricing policies: What are the implications for economic efficiency, environmental efficacy, and climate policy design?

Jenkins, Jesse D.

doi:10.1016/j.enpol.2014.02.003

Cited by 220 publications

(130 citation statements)

References 40 publications

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“…In reality, it might be impossible for Vietnamese policymakers to implement the carbon tax in the country, because there is no such market for carbon in Vietnam yet. Even in high income countries (e.g., Japan) there have been ongoing discussions about the implementation of a carbon tax, and it is not likely to be easy to implement [43].…”

Section: Limitationsmentioning

confidence: 99%

Realizing the Intended Nationally Determined Contribution: The Role of Renewable Energies in Vietnam

2016

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Abstract:This study contributes to the realization of intended nationally determined contributions (INDCs) by analyzing their implications for the energy production system and the economy, and determines the role of renewable energies (RE) in reducing the challenge of committing to the INDCs. The Asia-Pacific Integrated Model/Computable General Equilibrium (AIM/CGE) model was used to assess seven scenarios having the same socioeconomic development but different shares of RE in power generation. By comparing different relative reductions caused by the emission constraints vis-a-vis the business-as-usual (BaU) scenario, the mitigation costs can be estimated. Results show that the economic impact could be reduced by around 55% in terms of welfare loss (from 6.0% to 2.7%) and by around 36% in terms of gross domestic product (GDP) loss (from 3.4% to 2.1%) through the incorporation of high levels of renewable energy. Furthermore, the additional double deployment of wind and SPV to 5.4% and 12.0%, respectively, which currently comprise 43.1% of the renewable energies used in electricity generation, could reduce the GDP loss from 2.1% to 1.9% and reduce the welfare loss from 2.7% to 1.5% in order to achieve a 25.0% GHG emissions reduction. These losses are less than those in the pricing-only scenario (2.1% and 2.3%, respectively).

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Section: Limitationsmentioning

confidence: 99%

Realizing the Intended Nationally Determined Contribution: The Role of Renewable Energies in Vietnam

2016

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“…These insights highlight the unique value of bringing heterogeneity and non-monetary preferences 27 into IAMs (for any energy end-use sector, but particularly transport), given that the strength of such 28 models lies in their ability to capture systemic effects related to, for example, resource consumption, 29 fuel prices, and emissions abatement across different sectors and regions. Moreover, IAMs with 30 improved behavioral realism are able to assess a much wider suite of policies than before (i.e., not 31 only price-based instruments), which will likely be crucial for future climate policy analyses utilizing 32 these models.…”

Section: Conclusion 14mentioning

confidence: 99%

“…ICEs running on gasoline/diesel, biofuels, and fossil synfuels (from coal or natural gas 26 synthesis with carbon capture and storage) fill the gap left by the large reduction in BEV deployment. 27 This happens because the disutility costs associated with these vehicle types are all assumed to be 28 quite low, given widespread consumer familiarity at present with liquid fuels, namely 1 gasoline/diesel, and their ubiquitous refueling infrastructure. Heterog_NoBeh and Homog_LimBeh, and for this reason it is the scenario with the lowest levels of 5 electric vehicle deployment over the century.…”

Section: Impacts On Light-duty Vehicles 18mentioning

confidence: 99%

Improving the behavioral realism of global integrated assessment models: An application to consumers’ vehicle choices

McCollum¹,

Wilson²,

Pettifor³

et al. 2017

Transportation Research Part D: Transport and Environment

172

135

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“…Nevertheless, the measure saved the country $15,500,049.57 in subsidies. It needs to be considered that the mitigation actions not necessarily have to be economically feasible, since the most important factor is the quality of life attained [25].…”

Section: Fleet Renovationmentioning

confidence: 99%

Trends and mitigation options of greenhouse gas emissions from the road transport sector in Ecuador

Guayanlema¹,

Espinoza²,

Ramírez³

et al. 2014

WIT Transactions on Ecology and the Environment

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This paper reports the current status of greenhouse gas (GHG) emissions caused by the transport sector in Ecuador and possible mitigation scenarios to reduce them. In the first case, the emissions were quantified by using the IPCC methodology for National GHG Inventories which is based in the quantification of the oil products consumption (TIER 1). The emission estimations have revealed that nearly 33,400 kton CO 2 -Eq were emitted in 2012. The same year, road transport was identified as the most important sub-sector in terms of CO 2 emissions with a contribution of 90%. Road transport emission is followed by aviation and navigation, both not exceeding 10% of emissions within the transport sub-sector. These pollution trends have grown at a rate of about 6% (referred to ton of CO 2 -Eq.). As consequence, several initiatives and research projects have been undertaken with the aim of finding solutions to the current situation in the transport sector. Secondly, an analysis of GHG emissions trends was performed (according to the business as usual scenario) based on historical GHG emission inventories updated to the year 2012. This analysis was designed using the software Long-range Energy Alternative Planning (LEAP). For this purpose, Governmental strategies including measures related to fuel consumption, use of new technologies, political actions such as scrapping of the vehicle that have completed their life cycle, the introduction of hybrid and electric automobiles were considered. Preliminary results of the analysis indicate that political actions like scrapping vehicles and the use of biofuels are the most promising solutions to reduce rising trends of emissions and energy consumption.

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Political economy constraints on carbon pricing policies: What are the implications for economic efficiency, environmental efficacy, and climate policy design?

Cited by 220 publications

References 40 publications

Realizing the Intended Nationally Determined Contribution: The Role of Renewable Energies in Vietnam

Realizing the Intended Nationally Determined Contribution: The Role of Renewable Energies in Vietnam

Improving the behavioral realism of global integrated assessment models: An application to consumers’ vehicle choices

Trends and mitigation options of greenhouse gas emissions from the road transport sector in Ecuador

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