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Climate campaigns, cap-and-trade and carbon leakage: Why reducing your carbon footprint can harm the climate
| Content Provider | Semantic Scholar |
|---|---|
| Author | Perino, Grischa |
| Copyright Year | 2014 |
| Abstract | Governments and environmental NGOs campaign for carbon footprint reductions by households. Many of the behavioral changes recommended reduce demand for goods produced by sectors covered by cap-and-trade schemes. With a binding cap, greenhouse gas emissions from those sectors do not change. I show that climate campaigns create leakage effects if coverage of cap-and-trade schemes is incomplete. Campaigns targeted at sectors subject to a cap increase aggregate emissions, as do campaigns to reduce carbon footprints generally if the capped sectors are emission intensive. However, campaigns targeting sectors not covered by a cap-and-trade scheme or propagating retiring of emission allowances reduce emissions. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www2.toulouse.inra.fr/lerna/seminaires/Perino_Campaigns_2014-01-10.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
