Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74023
Authors: 
Dellink, Rob B.
Hofkes, Marjan W.
Year of Publication: 
2006
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 17.2006
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.
Subjects: 
Economic growth
Applied general equilibrium model
Climate change
Environmental policy
JEL: 
D58
H23
O41
Q28
Document Type: 
Working Paper

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