Four essays on the economics of climate change - with a supplement

摘要

Climate change has been a main environmental issue over the last decade. The atmospheric concentration of some trace gases are increased through various human activities. Some of these trace gases, the greenhouse gases (GHGs), are transparent to incoming solar radiation, but absorb the infrared radiation from the Earth's surface. Through this mechanism the GHGs are able to induce global warming and climate change, even if their concentration is relatively low. The essays of this dissertation relate to different aspects of the climate change issue. The first essay and the supplement analyze the carbon dioxide emission sources and the distribution of emissions. In the first essay, ''Manufacturing sector carbon dioxide emissions in nine OECD countries 1973-87'', the relation between carbon dioxide emissions in manufacturing and output, structure, energy source mix and technology is discussed. In the supplement, ''Global, regional and national carbon dioxide emissions 1949-86'', the geographical distribution and time series of emissions are described. The next three essays relate to various aspects of climate policy. In ''An optimal growth model for Norway with a carbon dioxide emissions constraint'', the focus is on the economic consequences of an emissions abatement policy implemented as a carbon tax on fossil fuels. The topic of the subsequent essay, ''Efficient contracts in a game of nations pursuing greenhouse gas emissions abatement'', is the design and enforcement by a policing institution of efficient contracts to reduce GHG emissions under country moral hazard. Finally, in the last essay, ''Uncertain change in an intergenerational planning model'', some long-term aspects of climate policy such as intergenerational equity and uncertainty are analyzed