Hans Kremers

Learn More
Policy decisions to ratify recent climate policy agreements, as the Kyoto Protocol , rely on quantitative impact assessments, which are primarily based on applied economic modelling concepts. A crucial decision factor for politicians are the economic compliance costs of implementing binding emissions reduction targets. The Energy Modeling Forum (EMF)(More)
Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coe¢ cients are incorporated in standard microeconomic models. Firms and consumers take both damages and prices as given. Demand, supply, pro…t and expenditure functions under damage coe¢ cients are derived that allow easy(More)
The economy-wide implications of sea level rise in 2050 are estimated using a static computable general equilibrium model. Overall, general equilibrium effects increase the costs of sea level rise, but not necessarily in every sector or region. In the absence of coastal protection, economies that rely most on agriculture are hit hardest. Although energy is(More)
The rejection of the United States to verify the Kyoto Protocol has focussed some attention on the contribution of the developing countries in mitigating the consequences of climate change on the economy. While the USA insisted on an important role for the developing countries, for example by voluntarily accepting an emission target in 2012, the developing(More)
  • 1