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The Timing of National Greenhouse Gas Emission Reductions in the Presence of Other Environmental Policies

Author

Listed:
  • Rob B. Dellink

    (Wageningen University)

  • Marjan W. Hofkes

    (Vrije Universiteit)

Abstract

This paper shows in an empirical context that substantial cost reductions can be achieved in the implementation of Dutch national climate policy by (i) targeting the policy at the stock of greenhouse gases, thus allowing polluters flexibility in their timing of emission reductions; and (ii) integrating climate policy with other policies, thereby optimising the restructuring of the economy needed to achieve environmental policy targets. A dynamic applied general equilibrium model with bottom-up information on abatement techniques is used to show that the optimal timing of GHG emission reductions tends to follow the timing for the other environmental themes with an additional emphasis on emission reductions in the later periods. The optimal mix of technical measures and economic restructuring as source of emission reductions is affected by the strictness of environmental policy targets for all themes and hence can only be derived from an integrated analysis of these policies.

Suggested Citation

  • Rob B. Dellink & Marjan W. Hofkes, 2006. "The Timing of National Greenhouse Gas Emission Reductions in the Presence of Other Environmental Policies," Working Papers 2006.17, Fondazione Eni Enrico Mattei.
  • Handle: RePEc:fem:femwpa:2006.17
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    References listed on IDEAS

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    Cited by:

    1. Kuosmanen, Timo & Bijsterbosch, Neil & Dellink, Rob, 2009. "Environmental cost-benefit analysis of alternative timing strategies in greenhouse gas abatement: A data envelopment analysis approach," Ecological Economics, Elsevier, vol. 68(6), pages 1633-1642, April.

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    More about this item

    Keywords

    Economic growth; Applied general equilibrium model; Climate change; Environmental policy;
    All these keywords.

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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