nep-res New Economics Papers
on Resource Economics
Issue of 2009‒01‒17
two papers chosen by
Maximo Rossi
Universidad de la Republica

  1. Linkage of Tradable Permit Systems in International Climate Policy Architecture By Robert N. Stavins; Judson Jaffe
  2. Environmental Participation and Environmental Motivation By Benno Torgler; María A. García Valiñas; Alison Macintyre

  1. By: Robert N. Stavins (Harvard University); Judson Jaffe (Analysis Group)
    Abstract: Cap-and-trade systems have emerged as the preferred national and regional instrument for reducing emissions of greenhouse gases throughout the industrialized world, and the Clean Development Mechanism — an international emission-reduction-credit system — has developed a substantial constituency, despite some concerns about its performance. Because linkage between tradable permit systems can reduce compliance costs and improve market liquidity, there is great interest in linking cap-and-trade systems to each other, as well as to the CDM and other credit systems. We examine the benefits and concerns associated with various types of linkages, and analyze the near-term and long-term role that linkage may play in a future international climate policy architecture. In particular, we evaluate linkage in three potential roles: as an independent bottom-up architecture, as a step in the evolution of a top-down architecture, and as an ongoing element of a larger climate policy agreement. We also assess how the policy elements of climate negotiations can facilitate or impede linkages. Our analysis throughout is both positive and normative.
    Keywords: Linkage, Cap-and-Trade, Tradable Permits, Global Climate Change
    JEL: F50 Q20 Q40 Q50
    Date: 2008–10
  2. By: Benno Torgler (Queensland University of Technology); María A. García Valiñas (University of Oviedo); Alison Macintyre (The School of Economics and Finance, Queensland University of Technology)
    Abstract: We explore whether environmental motivation affects environmental behavior by focusing on volunteering. The paper first introduces a theoretical model of volunteering in environmental organizations. In a next step, it tests the hypothesis working with a large micro data set covering 32 countries from both Western and Eastern Europe using several different proxies to measure environmental motivation. Our results indicate that environmental motivation has a strong impact on individuals’ voluntary engagement in environmental organizations. A higher level of environmental motivation due to higher environmental moral standards may lead to a stronger voluntary involvement in environmental organizations.
    Keywords: Environmental Participation, Environmental Motivation, Environmental Morale, Pro-environmental Attitudes, Social Capital
    JEL: D11 H41 H26 H73 D64
    Date: 2008–11

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