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  • Checking the Price Tag on Catastrophe: The Social Cost of Carbon Under Non-linear Climate Response 

    TOL, RICHARD S. J. (ESRI, 29/06/2011)
    Research into the social cost of carbon emissions ? the marginal social damage from a tonne of emitted carbon ? has tended to focus on ?best guess? scenarios. Such scenarios generally ignore the potential for low-probability, ...
  • The Climate Change Response Bill 2010: An Assessment 

    TOL, RICHARD S. J.; GORECKI, PAUL K. (ESRI, 25/01/2011)
    Climate change is an important problem. It would be desirable to have legislation that would put Ireland on a low-cost and equitable trajectory to a zero-carbon economy. The draft Climate Change Response Bill 2010 will not ...
  • Climate Policy Under Fat-Tailed Risk: An Application of Dice 

    TOL, RICHARD S. J. (ESRI, 2011)
    Uncertainty plays a significant role in evaluating climate policy, and fat-tailed uncertainty may dominate policy advice. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under ...
  • Climate Policy Under Fat-Tailed Risk: An Application of Dice 

    TOL, RICHARD S. J. (ESRI, 2011)
    Uncertainty plays a significant role in evaluating climate policy, and fat-tailed uncertainty may dominate policy advice. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under ...
  • The Cost of Natural Gas Shortages in Ireland 

    LEAHY, EIMEAR; TOL, RICHARD S. J.; LYONS, SEAN (ESRI, 2011-08-04)
    This paper investigates the economic implications of disruptions of one to ninety days to the supply of natural gas in Ireland. We assess the impact of a hypothetical gas supply disruption in both winter and summer in 2008 ...
  • A Cost-Benefit Analysis of the EU 20/20/2020 Package 

    TOL, RICHARD S. J. (ESRI, 2011)
    The European Commission did not publish a cost-benefit analysis for its 2020 climate package. This paper fills that gap, comparing the marginal costs and benefits of greenhouse gas emission reduction. The uncertainty about ...
  • A Critique of The Economics of Climate Change in Mexico 

    TOL, RICHARD S. J. (ESRI, 20/09/2011)
    This paper revises some relevant aspects of The Economics of Climate Change in Mexico (ECCM), one of the most important documents for supporting national decisionmaking regarding the climate change international negotiations. ...
  • Decomposition of Sectoral Greenhouse Gas Emissions: A Subsystem Input-Output Model for the Republic of Ireland 

    TOL, RICHARD S. J. (2011)
    The analysis of gas emissions by an input-output subsystem approach provides detailed insights into pollution generation in an economy by revealing the channels by which the environmental burdens are caused and transmitted ...
  • Determinants of Vegetarianism and Partial Vegetarianism in Ireland 

    LEAHY, EIMEAR; TOL, RICHARD S. J.; LYONS, SEAN (ESRI, 2011-01-07)
    Vegetarianism is increasing in the western world. Anecdotally, this trend can be attributed to heightened health, environmental and animal welfare concerns. In this paper we investigate the factors associated with vegetarianism ...
  • Determinants of Vegetarianism and Partial Vegetarianism in the United Kingdom 

    LEAHY, EIMEAR; TOL, RICHARD S. J.; LYONS, SEAN (ESRI, 29/10/2010)
    Vegetarianism is increasing in the western world. Anecdotally, this trend can be attributed to heightened health, environmental and animal welfare concerns. In this paper we investigate the factors associated with vegetarianism ...
  • The Distributional Effects of Value Added Tax in Ireland 

    LEAHY, EIMEAR; LYONS, SE?N; TOL, RICHARD S. J. (ESRI, 2011)
    In this paper we examine the distributional effects of Value Added Tax (VAT) in Ireland. Using the 2004/2005 Household Budget Survey, we assess the amount of VAT that households pay as a proportion of weekly disposable ...
  • Does the housing market reflect cultural heritage? A case study of Greater Dublin 

    MAYOR, KAREN; LYONS, SE?N; TOL, RICHARD S. J. (ESRI, 2011)
    Does the housing market reflect cultural heritage? We estimate several specifications of a hedonic price equation to establish whether distance to cultural heritage site is capitalised into housing prices in Greater Dublin, ...
  • Economic Costs of Ocean Acidification: A Look into the Impacts on Shellfish Production 

    DAIJU, NARITA; REHDANZ, KATRIN; TOL, RICHARD S. J. (ESRI, 15/06/2011)
    Ocean acidification is increasingly recognized as a major global problem. Yet economic assessments of its effects are currently almost absent. Unlike most other marine organisms, mollusks, which have significant commercial ...
  • The Economic Impact of Climate Change in the 20th Century 

    TOL, RICHARD S. J. (ESRI, 22/02/2011)
    The national version of FUND3.6 is used to infrapolate the impacts of climate change to the 20th century. Carbon dioxide fertilization of crops and reduced energy demand for heating are the main positive impacts. Climate ...
  • Environmental accounts for the Republic of Ireland: 1990-2005 

    Lyons, Sean; Mayor, Karen; TOL, RICHARD S. J. (Statistical and Social Inquiry Society of Ireland, 2008)
    This paper presents new environmental accounts for the Republic of Ireland from 1990-2005. Designed to be consistent with the national accounts, these satellite accounts cover 34 emissions and 14 resources for 19 production ...
  • An Estimate of the Value of Lost Load for Ireland 

    LEAHY, EIMEAR; TOL, RICHARD S. J. (ESRI, 2010)
    This paper estimates the value of short term lost load in the all island electricity market which includes the Republic of Ireland and Northern Ireland. The value of lost load, also known as the value of security of ...
  • Greener Homes: An Ex-Post Estimate of the Cost of Carbon Dioxide Emission Reduction using Administrative Micro-Data from the Republic of Ireland 

    LEAHY, EIMEAR; TOL, RICHARD S. J. (ESRI, 2011)
    We assess the subsidy for the installation of biomass boilers and wood gasification boilers under the Greener Homes Scheme in Ireland. We find that the (implicit) subsidy per tonne of carbon dioxide avoided varies hugely ...
  • The Impact of Climate on Tourist Destination Choice 

    TOL, RICHARD S. J.; Walsh, Sharon (ESRI, 20/02/2012)
    We examine the determinants of holiday destination choice for tourists from 182 countries over a fifteen year time period. Our sample is much larger than that used by previous studies. The results are similar. Tourists ...
  • Local Warming, Local Economic Growth, and Local Change in Democratic Culture 

    Van de Vliert, Evert; TOL, RICHARD S. J. (ESRI, 2011)
    In a 104-nation study we first demonstrate that cultural self-expression, individualism and democracy languish in poor countries with colder-than-temperate winters, but flourish in rich countries with such winters. Mild ...
  • The Marginal Damage Costs of Different Greenhouse Gases: An Application of FUND 

    Anthoff, David; Rose, Steven K.; Waldhoff, Stephanie; TOL, RICHARD S. J. (ESRI, 2011)
    We use FUND 3.5 to estimate the social cost of carbon dioxide, methane, nitrous oxide, and sulphur hexafluoride emissions. We show the results of a range of sensitivity analyses, focusing on the impact of carbon dioxide ...