EconPapers    
Economics at your fingertips  
 

Climate Policies: A Burden, or a Gain?

Thierry Brechet and Henry Tulkens
Authors registered in the RePEc Author Service: Thierry Bréchet and Henry Tulkens ()

The Energy Journal, 2015, vol. Volume 36, issue Number 3

Abstract: That climate policies are costly is evident and therefore often create major fears. But the alternative (no action) also has a cost. Therefore, mitigation costs netted of the damage costs avoided are the only figure that can seriously be considered as the "genuine cost" of a policy. We elaborate on this view of a policy's cost by distinguishing between its "direct" cost component and its avoided damage cost component; we then confront the two so as to evaluate its genuine cost. As damages avoided are equivalent to the benefits generated, this brings climate policies naturally in the realm of benefit-cost analysis. However, the sheer benefit-cost criterion may not be a sufficient incentive for a country to be induced to cooperate internationally, a necessary condition for an effective global climate policy. We therefore also explore how to make use of this criterion in the context of international climate cooperation.

JEL-codes: F0 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://www.iaee.org/en/publications/ejarticle.aspx?id=2630 (text/html)
Access to full text is restricted to IAEE members and subscribers.

Related works:
Working Paper: Climate policies: a burden, or a gain? (2015)
Working Paper: Climate Policies: A Burden or a Gain? (2013) Downloads
Working Paper: Climate Policies: A Burden or a Gain? (2013) Downloads
Working Paper: Climate policies: a burden or a gain? (2013) Downloads
Working Paper: Climate Policies: a Burden or a Gain? (2013) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aen:journl:ej36-3-brechet

Ordering information: This journal article can be ordered from
http://www.iaee.org/en/publications/ejsearch.aspx

Access Statistics for this article

More articles in The Energy Journal from International Association for Energy Economics Contact information at EDIRC.
Bibliographic data for series maintained by David Williams ().

 
Page updated 2019-12-04
Handle: RePEc:aen:journl:ej36-3-brechet