Carbon leakage from geological storage sites: Implications for carbon trading
Author
Abstract
Suggested Citation
DOI: 10.1016/j.enpol.2018.11.015
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Kolstad, Charles D., 1996. "Learning and Stock Effects in Environmental Regulation: The Case of Greenhouse Gas Emissions," Journal of Environmental Economics and Management, Elsevier, vol. 31(1), pages 1-18, July.
- Amigues, Jean-Pierre & Lafforgue, Gilles & Moreaux, Michel, 2012.
"Optimal Timing of Carbon Capture Policies Under Alternative CCS Cost Functions,"
TSE Working Papers
12-318, Toulouse School of Economics (TSE).
- Amigues, Jean-Pierre & Lafforgue, Gilles & Moreaux, Michel, 2012. "Optimal Timing of Carbon Capture Policies Under Alternative CCS Cost Functions," LERNA Working Papers 12.11.368, LERNA, University of Toulouse.
- Amigues, Jean-Pierre & Lafforgue, Gilles & Moreaux, Michel, 2012. "Optimal Timing of Carbon Capture Policies Under Alternative CCS Cost Functions," IDEI Working Papers 727, Institut d'Économie Industrielle (IDEI), Toulouse.
- Hoel, Michael & Jensen, Svenn, 2012.
"Cutting costs of catching carbon—Intertemporal effects under imperfect climate policy,"
Resource and Energy Economics, Elsevier, vol. 34(4), pages 680-695.
- Michael Hoel & Svenn Jensen, 2010. "Cutting Costs of Catching Carbon - Intertemporal Effects under Imperfect Climate Policy," CESifo Working Paper Series 3284, CESifo.
- Michael Hoel & Svenn Jensen, 2010. "Cutting Costs of Catching Carbon. Intertemporal effects under imperfect climate policy," Discussion Papers 639, Statistics Norway, Research Department.
- Hoel, Michael & Jensen, Svenn, 2010. "Cutting Costs of Catching Carbon - Intertemporal effects under imperfect climate policy," Memorandum 19/2010, Oslo University, Department of Economics.
- Richard D. Horan & James S. Shortle, 2005. "When Two Wrongs Make a Right: Second-Best Point-Nonpoint Trading Ratios," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(2), pages 340-352.
- Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, January.
- Martin L. Weitzman, 2001.
"Gamma Discounting,"
American Economic Review, American Economic Association, vol. 91(1), pages 260-271, March.
- Martin L. Weitzman, 1998. "Gamma Discounting," Harvard Institute of Economic Research Working Papers 1843, Harvard - Institute of Economic Research.
- Bob van der Zwaan & Reyer Gerlagh, 2008.
"The Economics of Geological CO2 Storage and Leakage,"
Working Papers
2008.10, Fondazione Eni Enrico Mattei.
- van der Zwaan, B. & Gerlagh, R., 2009. "Economics of geological CO2 storage and leakage," Other publications TiSEM cee3746c-8c8f-4c8d-8046-5, Tilburg University, School of Economics and Management.
- van der Zwaan, Bob & Gerlagh, Reyer, 2008. "The Economics of Geological CO2 Storage and Leakage," Climate Change Modelling and Policy Working Papers 6372, Fondazione Eni Enrico Mattei (FEEM).
- van Benthem, Arthur & Kerr, Suzi, 2013. "Scale and transfers in international emissions offset programs," Journal of Public Economics, Elsevier, vol. 107(C), pages 31-46.
- Karp, Larry & Zhang, Jiangfeng, 2006. "Regulation with anticipated learning about environmental damages," Journal of Environmental Economics and Management, Elsevier, vol. 51(3), pages 259-279, May.
- Xavier Gabaix & David Laibson, 2018.
"Shrouded attributes, consumer myopia and information suppression in competitive markets,"
Chapters, in: Victor J. Tremblay & Elizabeth Schroeder & Carol Horton Tremblay (ed.), Handbook of Behavioral Industrial Organization, chapter 3, pages 40-74,
Edward Elgar Publishing.
- Xavier Gabaix & David Laibson, 2006. "Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(2), pages 505-540.
- Xavier Gabaix & David Laibson, 2005. "Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets," NBER Working Papers 11755, National Bureau of Economic Research, Inc.
- Laibson, David I. & Gabaix, Xavier, 2006. "Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets," Scholarly Articles 4554333, Harvard University Department of Economics.
- Shortle, James S. & Horan, Richard D., 2008. "The Economics of Water Quality Trading," International Review of Environmental and Resource Economics, now publishers, vol. 2(2), pages 101-133, October.
- Gollier, Christian & Jullien, Bruno & Treich, Nicolas, 2000.
"Scientific progress and irreversibility: an economic interpretation of the 'Precautionary Principle',"
Journal of Public Economics, Elsevier, vol. 75(2), pages 229-253, February.
- C. Gollier & Bruno Jullien & Nicolas N. Treich, 2000. "Scientific progress and irreversibility : an economic interpretation of the Precautionary principle [[Progrès scientifique et irréversibilité : une interprétation économique du principe de précauti," Post-Print hal-02687900, HAL.
- Kenneth J. Arrow & Anthony C. Fisher, 1974.
"Environmental Preservation, Uncertainty, and Irreversibility,"
Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 4, pages 76-84,
Palgrave Macmillan.
- Kenneth J. Arrow & Anthony C. Fisher, 1974. "Environmental Preservation, Uncertainty, and Irreversibility," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 88(2), pages 312-319.
- Ulph, Alistair & Ulph, David, 1997. "Global Warming, Irreversibility and Learning," Economic Journal, Royal Economic Society, vol. 107(442), pages 636-650, May.
- Richard L. Revesz & Jason A. Schwartz & Peter H. Howard & Kenneth Arrow & Michael A. Livermore & Michael Oppenheimer & Thomas Sterner, 2017. "Letter—The Social Cost of Carbon: A Global Imperative," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 11(1), pages 172-173.
- Arrow, K. & Cropper, M. & Gollier, C. & Groom, B. & Heal, G. & Newell, R. & Nordhaus, W. & Pindyck, R. & Pizer, W. & Portney, P. & Sterner, T. & Tol, R. S. J. & Weitzman, Martin L., 2013. "Determining Benefits and Costs for Future Generations," Scholarly Articles 12841963, Harvard University Department of Economics.
- Richard Schmalensee, 1993.
"Comparing Greenhouse Gases for Policy Purposes,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 245-256.
- Richard Schmalensee, 1993. "Comparing Greenhouse Gases for Policy Purposes," The Energy Journal, , vol. 14(1), pages 245-255, January.
- Alistair Ulph & David Ulph, "undated". "Global Warming, Irreversibility And Learning," ELSE working papers 056, ESRC Centre on Economics Learning and Social Evolution.
- Asbjørn Torvanger & Alv-Arne Grimstad & Erik Lindeberg & Nathan Rive & Kristin Rypdal & Ragnhild Skeie & Jan Fuglestvedt & Petter Tollefsen, 2012. "Quality of geological CO 2 storage to avoid jeopardizing climate targets," Climatic Change, Springer, vol. 114(2), pages 245-260, September.
- Amigues, Jean-Pierre & Lafforgue, Gilles & Moreaux, Michel, 2016.
"Optimal timing of carbon capture policies under learning-by-doing,"
Journal of Environmental Economics and Management, Elsevier, vol. 78(C), pages 20-37.
- Jean-Pierre Amigues & Gilles Lafforgue & Michel Moreaux, 2015. "Optimal Timing of Carbon Capture Policies under Learning-by-doing," Working Papers 2015.20, FAERE - French Association of Environmental and Resource Economists.
- Minh Ha-Duong & Rodica Loisel, 2009. "Zero is the only acceptable leakage rate for geologically stored CO2: an editorial comment," Post-Print hal-00348128, HAL.
- Shane Frederick & George Loewenstein & Ted O'Donoghue, 2002. "Time Discounting and Time Preference: A Critical Review," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 351-401, June.
- Asbjørn Torvanger & Marianne Lund & Nathan Rive, 2013. "Carbon capture and storage deployment rates: needs and feasibility," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 18(2), pages 187-205, February.
- William D. Nordhaus, 2007. "A Review of the Stern Review on the Economics of Climate Change," Journal of Economic Literature, American Economic Association, vol. 45(3), pages 686-702, September.
- Urvashi Narain & Michael Hanemann & Anthony Fisher, 2007. "The irreversibility effect in environmental decisionmaking," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 38(3), pages 391-405, November.
- Asbjørn Torvanger, 1997. "Uncertain climate change in an intergenerational planning model," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 9(1), pages 103-124, January.
- Narain, Urvashi & Hanemann, W. Michael & Fisher, Anthony C, 2007. "The irreversibility effect in environmental decisionmaking," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt7bc5t8cf, Department of Agricultural & Resource Economics, UC Berkeley.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Eli Mitchell-Larson & Myles Allen, 2022. "Prosets: a new financing instrument to deliver a durable net zero transition," Climatic Change, Springer, vol. 174(1), pages 1-13, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Michael Finus & Pedro Pintassilgo & Alistair Ulph, 2014.
"International Environmental Agreements with Uncertainty, Learning and Risk Aversion,"
Department of Economics Working Papers
19/14, University of Bath, Department of Economics.
- Michael Finus & Pedro Pintassilgo & Alistair Ulph, 2014. "International Environmental Agreements with Uncertainty, Learning and Risk Aversion," CESifo Working Paper Series 4589, CESifo.
- Charles Kolstad & Alistair Ulph, 2011. "Uncertainty, Learning and Heterogeneity in International Environmental Agreements," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 50(3), pages 389-403, November.
- W. Botzen & Jeroen Bergh, 2014. "Specifications of Social Welfare in Economic Studies of Climate Policy: Overview of Criteria and Related Policy Insights," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 58(1), pages 1-33, May.
- Robert S. Pindyck, 2006.
"Uncertainty In Environmental Economics,"
NBER Working Papers
12752, National Bureau of Economic Research, Inc.
- Robert S. Pindyck, 2006. "Uncertainty in Environmental Economics," Working Papers 0617, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Michael FinusAlistair Ulph & Alistair Ulph, 2013. "International Environmental Agreements with Uncertainty, Learning and Risk Aversion," Economics Discussion Paper Series 1329, Economics, The University of Manchester.
- Ingham, Alan & Ma, Jie & Ulph, Alistair, 2007. "Climate change, mitigation and adaptation with uncertainty and learning," Energy Policy, Elsevier, vol. 35(11), pages 5354-5369, November.
- Alistair Ulph & Pedro Pintassilgo & Michael Finus, 2019. "Uncertainty, Learning and International Environmental Agreements: The Role of Risk Aversion," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1165-1196, August.
- van den Bergh, J.C.J.M. & Botzen, W.J.W., 2015. "Monetary valuation of the social cost of CO2 emissions: A critical survey," Ecological Economics, Elsevier, vol. 114(C), pages 33-46.
- May Elsayyad & Florian Morath, 2016.
"Technology Transfers For Climate Change,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(3), pages 1057-1084, August.
- May Elsayyad & Florian Morath, 2013. "Technology Transfers for Climate Change," CESifo Working Paper Series 4521, CESifo.
- Morath, Florian & Elsayyad, May, 2014. "Technology transfers for climate change," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100396, Verein für Socialpolitik / German Economic Association.
- Dellink, Rob & Finus, Michael, 2012.
"Uncertainty and climate treaties: Does ignorance pay?,"
Resource and Energy Economics, Elsevier, vol. 34(4), pages 565-584.
- Dellink, Rob & Finus, Michael, 2009. "Uncertainty and Climate Treaties: Does Ignorance Pay?," Stirling Economics Discussion Papers 2009-15, University of Stirling, Division of Economics.
- Giovanni Immordino, 2003. "Looking for a Guide to Protect the Environment: The Development of the Precautionary Principle," Journal of Economic Surveys, Wiley Blackwell, vol. 17(5), pages 629-644, December.
- Eric Fesselmeyer & Haoming Liu & Alberto Salvo, 2022. "Declining discount rates in Singapore's market for privately developed apartments," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 330-350, March.
- Carraro, Carlo & Sgobbi, Alessandra & Bosetti, Valentina & Tavoni, Massimo, 2008.
"Delayed Action and Uncertain Targets. How Much Will Climate Policy Cost?,"
CEPR Discussion Papers
6973, C.E.P.R. Discussion Papers.
- Valentina Bosetti & Massimo Tavoni & Carlo Carraro & Alessandra Sgobbi, 2008. "Delayed Action and Uncertain Targets. How Much Will Climate Policy Cost?," Working Papers 2008.69, Fondazione Eni Enrico Mattei.
- Bosetti, Valentina & Carraro, Carlo & Sgobbi, Alessandra & Tavoni, Massimo, 2008. "Delayed Action and Uncertain Targets. How Much Will Climate Policy Cost?," Climate Change Modelling and Policy Working Papers 44219, Fondazione Eni Enrico Mattei (FEEM).
- Valentina Bosetti & Carlo Carraro & Alessandra Sgobbi & Massimo Tavoni, 2008. "Delayed Action and Uncertain Targets. How Much Will Climate Policy Cost?," CESifo Working Paper Series 2403, CESifo.
- Carlo Carraro & Valentina Bosetti & Alessandra Sgobbi & Massimo Tavoni, 2008. "Delayed Action and Uncertain Targets. How Much Will Climate Policy Cost?," Working Papers 2008_27, Department of Economics, University of Venice "Ca' Foscari".
- Baker, Erin & Shittu, Ekundayo, 2008. "Uncertainty and endogenous technical change in climate policy models," Energy Economics, Elsevier, vol. 30(6), pages 2817-2828, November.
- van Wijnbergen, Sweder & Willems, Tim, 2015.
"Optimal learning on climate change: Why climate skeptics should reduce emissions,"
Journal of Environmental Economics and Management, Elsevier, vol. 70(C), pages 17-33.
- Sweder van Wijnbergen & Tim Willems, 2012. "Optimal Learning on Climate Change: Why Climate Skeptics should reduce Emissions," Tinbergen Institute Discussion Papers 12-085/2, Tinbergen Institute.
- Sweder van Wijnbergen & Tim Willems, 2013. "Optimal Learning on Climate Change: Why Climate Sceptics Should Reduce Emissions," OxCarre Working Papers 111, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Simon Dietz & Samuel Fankhauser, 2010.
"Environmental prices, uncertainty, and learning,"
Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(2), pages 270-284, Summer.
- Dietz, Simon & Fankhauser, Samuel, 2009. "Environmental prices, uncertainty and learning," LSE Research Online Documents on Economics 37613, London School of Economics and Political Science, LSE Library.
- Dietz, Simon & Fankhauser, Samuel, 2010. "Environmental prices, uncertainty, and learning," LSE Research Online Documents on Economics 31905, London School of Economics and Political Science, LSE Library.
- Simon Dietz & Samuel Fankhauser, 2009. "Environmental prices, uncertainty and learning," GRI Working Papers 10, Grantham Research Institute on Climate Change and the Environment.
- In Chang Hwang & Richard S. J. Tol & Marjan W. Hofkes, 2019. "Active Learning and Optimal Climate Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1237-1264, August.
- Leach, Andrew J., 2007.
"The climate change learning curve,"
Journal of Economic Dynamics and Control, Elsevier, vol. 31(5), pages 1728-1752, May.
- Andrew J. Leach, 2004. "The Climate Change Learning Curve," Cahiers de recherche 04-03, HEC Montréal, Institut d'économie appliquée.
- Maria Antonieta Cunha-e-Sa & Vasco Santos, 2007. "Experimentation with accumulation," Nova SBE Working Paper Series wp503, Universidade Nova de Lisboa, Nova School of Business and Economics.
- Peterson, Sonja, 2006. "Uncertainty and economic analysis of climate change: a survey of approaches and findings," Open Access Publications from Kiel Institute for the World Economy 3778, Kiel Institute for the World Economy (IfW Kiel).
More about this item
Keywords
Carbon Capture and Storage; Carbon Leakage; Carbon Trading; Uncertainty; Learning;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:127:y:2019:i:c:p:320-329. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.