The great carbon arbitrage /

Saved in:
Bibliographic Details
Author / Creator:Adrian, Tobias, 1971- author.
Imprint:London : Centre for Economic Policy Research, 2022.
Description:1 online resource (61 pages) : illustrations.
Language:English
Series:Discussion paper series, 0265-8003 ; no. 17654 Banking and corporate finance
Discussion paper (Centre for Economic Policy Research (Great Britain)) ; no. 17654.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/13564448
Hidden Bibliographic Details
Other authors / contributors:Bolton, Patrick, 1957- author.
Kleinnijenhuis, Alissa M., author.
Centre for Economic Policy Research (Great Britain), publisher.
Notes:"Published 07 November 2022"
"Submitted 07 November 2022"
Includes bibliographical references (pages 48-52).
Description based on online resource; title from https://cepr.org/publications/dp17654 viewed November 10, 2022.
Summary:We measure the gains from phasing out coal as the average social cost of carbon times the quantity of avoided emissions. By comparing the present value of benefits from avoided emissions against the present value of costs of ending coal and replacing it with renewables, our conservative baseline estimate is that the world can realize a net gain of $85 trillion. This global net social benefit can be attained through an international agreement to phase out coal. We also explore how this net benefit is distributed across countries and find that most countries would benefit from a global coal phase-out even without any compensatory cross-country transfers. Finally, we estimate the size of public funds that must be committed under a blended finance arrangement to finance the cost of replacing coal with renewables.

MARC

LEADER 00000cam a2200000 i 4500
001 13564448
006 m o d
007 cr |||||||||||
008 221110s2022 enka ob 000 0 eng d
005 20241016133529.5
035 |a (OCoLC)1350601132 
035 9 |a (OCLCCM-CC)1350601132 
040 |a GZM  |b eng  |e rda  |c GZM  |d OCLCF 
049 |a MAIN 
100 1 |a Adrian, Tobias,  |d 1971-  |e author.  |0 http://id.loc.gov/authorities/names/n2005002405 
245 1 4 |a The great carbon arbitrage /  |c Tobias Adrian, Patrick Bolton and Alissa Kleinnijenhuis. 
264 1 |a London :  |b Centre for Economic Policy Research,  |c 2022. 
300 |a 1 online resource (61 pages) :  |b illustrations. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a Discussion paper series,  |x 0265-8003 ;  |v no. 17654  |a Banking and corporate finance 
588 |a Description based on online resource; title from https://cepr.org/publications/dp17654 viewed November 10, 2022. 
500 |a "Published 07 November 2022" 
500 |a "Submitted 07 November 2022" 
504 |a Includes bibliographical references (pages 48-52). 
520 |a We measure the gains from phasing out coal as the average social cost of carbon times the quantity of avoided emissions. By comparing the present value of benefits from avoided emissions against the present value of costs of ending coal and replacing it with renewables, our conservative baseline estimate is that the world can realize a net gain of $85 trillion. This global net social benefit can be attained through an international agreement to phase out coal. We also explore how this net benefit is distributed across countries and find that most countries would benefit from a global coal phase-out even without any compensatory cross-country transfers. Finally, we estimate the size of public funds that must be committed under a blended finance arrangement to finance the cost of replacing coal with renewables. 
650 0 |a Climatic changes  |x Economic aspects. 
650 0 |a Carbon dioxide mitigation  |x Economic aspects. 
650 7 |a Carbon dioxide mitigation  |x Economic aspects.  |2 fast  |0 (OCoLC)fst00846841 
650 7 |a Climatic changes  |x Economic aspects.  |2 fast  |0 (OCoLC)fst00864236 
700 1 |a Bolton, Patrick,  |d 1957-  |e author.  |0 http://id.loc.gov/authorities/names/nr2003008292 
700 1 |a Kleinnijenhuis, Alissa M.,  |e author. 
710 2 |a Centre for Economic Policy Research (Great Britain),  |e publisher.  |0 http://id.loc.gov/authorities/names/n84135643 
830 0 |a Discussion paper (Centre for Economic Policy Research (Great Britain)) ;  |v no. 17654.  |0 http://id.loc.gov/authorities/names/no96039259 
856 4 0 |u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=107  |y INTERNATIONAL MONETARY FUND 
929 |a oclccm 
999 f f |i 8c6b5544-ff03-497b-9cc3-b2b7889f99d2  |s cc915f16-3e89-4a19-acd5-95849974a42f 
928 |t Library of Congress classification  |l Online  |c UC-FullText  |u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=107  |z INTERNATIONAL MONETARY FUND  |g ebooks  |i 13707186