DOI: 10.1007/s10584-018-2169-3
Scopus记录号: 2-s2.0-85043697755
论文题名: Testing supply-side climate policies for the global steam coal market—can they curb coal consumption?
作者: Mendelevitch R.
刊名: Climatic Change
ISSN: 0165-0009
EISSN: 1573-1480
出版年: 2018
起始页码: 1
结束页码: 16
语种: 英语
Scopus关键词: Coal
; Coal mines
; Coal transportation
; Commerce
; Economics
; Fuels
; International trade
; Investments
; Proven reserves
; Academic literature
; Carbon leakage
; Carbon pricing
; Coal consumption
; Coal production
; Global emissions
; Global patterns
; Intensive fuels
; Fossil fuels
英文摘要: The achieved international consensus on the 1.5–2 °C target entails that most of current fossil fuel reserves must remain unburned. A major contribution has to come from coal as both the most abundant and the most emission-intensive fuel. Currently, a majority of climate policies aiming at reducing coal consumption are directed towards the demand side. In the absence of a global carbon-pricing regime, these policies are prone to carbon leakage and other adverse effects. Supply-side climate policies present an alternative and increasingly discussed approach to reduce the consumption of fossil fuels. In this article, I employ a numerical model of the international steam coal market to examine two supply-side policies that are currently discussed in academic literature and by policy-makers, alike: (1) a production subsidy reform introduced in major coal-producing countries and (2) a globally implemented moratorium on new coal mines. The model simulates global patterns of coal supply, demand, and international trade, with endogenous investment in coal production and transportation capacities. I find that mere production subsidy removal, while associated with a small positive total welfare effect, leads to a minor reduction of global emissions. By contrast, a mine moratorium induces a much more pronounced reduction in global coal consumption by effectively limiting coal availability and strongly increasing prices. Depending on the specification of reserves, the moratorium can induce a coal consumption path consistent with the 1.5–2 °C target. © 2018 Springer Science+Business Media B.V., part of Springer Nature Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/83771
Appears in Collections: 气候减缓与适应 气候变化事实与影响
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作者单位: Humboldt-Universität zu Berlin, Resource Economics Group, Unter den Linden 6, Berlin, Germany; German Institute for Economic Research (DIW Berlin), Mohrenstrasse 58, Berlin, Germany
Recommended Citation:
Mendelevitch R.. Testing supply-side climate policies for the global steam coal market—can they curb coal consumption?[J]. Climatic Change,2018-01-01