Essays on the Economics of Mitigating Climate Change
This doctoral thesis addresses central aspects of climate change economics including economic damages from climate change, discounting and intergenerational equity as well as sustainability in the light of increasing scarcity of non-market goods. Chapter 2 studies how the optimal global effort to mi...
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ftunivkiel:oai:macau.uni-kiel.de:diss_mods_00023390 2024-06-23T07:55:51+00:00 Essays on the Economics of Mitigating Climate Change Hänsel, Martin Christopher Quaas, Martin Rehdanz, Katrin 2018 https://nbn-resolving.org/urn:nbn:de:gbv:8-diss-233905 https://macau.uni-kiel.de/receive/diss_mods_00023390 https://macau.uni-kiel.de/servlets/MCRFileNodeServlet/dissertation_derivate_00007777/Dissertation_Haensel.pdf eng eng https://nbn-resolving.org/urn:nbn:de:gbv:8-diss-233905 https://macau.uni-kiel.de/receive/diss_mods_00023390 https://macau.uni-kiel.de/servlets/MCRFileNodeServlet/dissertation_derivate_00007777/Dissertation_Haensel.pdf https://rightsstatements.org/page/InC/1.0/ info:eu-repo/semantics/openAccess thesis ddc:330 climate change economics climate policy social cost of carbon discounting sustainability substitution ocean acidification integrated assessment general equilibrium dissertation Text doc-type:PhDThesis 2018 ftunivkiel 2024-06-12T14:19:39Z This doctoral thesis addresses central aspects of climate change economics including economic damages from climate change, discounting and intergenerational equity as well as sustainability in the light of increasing scarcity of non-market goods. Chapter 2 studies how the optimal global effort to mitigate carbon dioxide depends on conceptions of intergenerational equity by avoiding explicit discounting choices, but instead directly specifying alternative intertemporal distributions of well-being. The advantage of this approach is that it becomes very clear that the social cost of carbon is largely determined by normative conceptions of intergenerational distributive justice. Chapter 3 is concerned with the increasing scarcity of non-market goods due to climate change. It provides a comprehensive analysis of the change in the relative price of non-market goods in terms of market goods, its determinants and its impact on climate policy evaluation. For the central calibration neglecting relative price changes would lead to a considerable underestimation of the social cost of carbon of almost 50 percent for the current generation. The changing relative price of non-market goods in terms of market goods is of considerable magnitude compared to established determinants of economic evaluation. Chapter 4 assesses how economic damages from climate change can be mitigated when global warming interacts with other global and local environmental change within a national economy. It describes a developing economy that depends on agriculture and fisheries to study optimal and second-best environmental policy in the face of interacting external effects of ocean acidification, global warming and eutrophication. The last chapter of my dissertation reveals that although climate change is a global phenomenon and only a global solution can tackle it entirely, it can be vital to design national policy instruments that capture regional distinctiveness of environmental change under increasing carbon dioxide levels. Doctoral or Postdoctoral Thesis Ocean acidification MACAU: Open Access Repository of Kiel University |
institution |
Open Polar |
collection |
MACAU: Open Access Repository of Kiel University |
op_collection_id |
ftunivkiel |
language |
English |
topic |
thesis ddc:330 climate change economics climate policy social cost of carbon discounting sustainability substitution ocean acidification integrated assessment general equilibrium |
spellingShingle |
thesis ddc:330 climate change economics climate policy social cost of carbon discounting sustainability substitution ocean acidification integrated assessment general equilibrium Hänsel, Martin Christopher Essays on the Economics of Mitigating Climate Change |
topic_facet |
thesis ddc:330 climate change economics climate policy social cost of carbon discounting sustainability substitution ocean acidification integrated assessment general equilibrium |
description |
This doctoral thesis addresses central aspects of climate change economics including economic damages from climate change, discounting and intergenerational equity as well as sustainability in the light of increasing scarcity of non-market goods. Chapter 2 studies how the optimal global effort to mitigate carbon dioxide depends on conceptions of intergenerational equity by avoiding explicit discounting choices, but instead directly specifying alternative intertemporal distributions of well-being. The advantage of this approach is that it becomes very clear that the social cost of carbon is largely determined by normative conceptions of intergenerational distributive justice. Chapter 3 is concerned with the increasing scarcity of non-market goods due to climate change. It provides a comprehensive analysis of the change in the relative price of non-market goods in terms of market goods, its determinants and its impact on climate policy evaluation. For the central calibration neglecting relative price changes would lead to a considerable underestimation of the social cost of carbon of almost 50 percent for the current generation. The changing relative price of non-market goods in terms of market goods is of considerable magnitude compared to established determinants of economic evaluation. Chapter 4 assesses how economic damages from climate change can be mitigated when global warming interacts with other global and local environmental change within a national economy. It describes a developing economy that depends on agriculture and fisheries to study optimal and second-best environmental policy in the face of interacting external effects of ocean acidification, global warming and eutrophication. The last chapter of my dissertation reveals that although climate change is a global phenomenon and only a global solution can tackle it entirely, it can be vital to design national policy instruments that capture regional distinctiveness of environmental change under increasing carbon dioxide levels. |
author2 |
Quaas, Martin Rehdanz, Katrin |
format |
Doctoral or Postdoctoral Thesis |
author |
Hänsel, Martin Christopher |
author_facet |
Hänsel, Martin Christopher |
author_sort |
Hänsel, Martin Christopher |
title |
Essays on the Economics of Mitigating Climate Change |
title_short |
Essays on the Economics of Mitigating Climate Change |
title_full |
Essays on the Economics of Mitigating Climate Change |
title_fullStr |
Essays on the Economics of Mitigating Climate Change |
title_full_unstemmed |
Essays on the Economics of Mitigating Climate Change |
title_sort |
essays on the economics of mitigating climate change |
publishDate |
2018 |
url |
https://nbn-resolving.org/urn:nbn:de:gbv:8-diss-233905 https://macau.uni-kiel.de/receive/diss_mods_00023390 https://macau.uni-kiel.de/servlets/MCRFileNodeServlet/dissertation_derivate_00007777/Dissertation_Haensel.pdf |
genre |
Ocean acidification |
genre_facet |
Ocean acidification |
op_relation |
https://nbn-resolving.org/urn:nbn:de:gbv:8-diss-233905 https://macau.uni-kiel.de/receive/diss_mods_00023390 https://macau.uni-kiel.de/servlets/MCRFileNodeServlet/dissertation_derivate_00007777/Dissertation_Haensel.pdf |
op_rights |
https://rightsstatements.org/page/InC/1.0/ info:eu-repo/semantics/openAccess |
_version_ |
1802648607515475968 |