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markets and environmental regulation. We emphasize the substantive contributions of recent papers while also highlighting how … the topics examined by this literature--especially auctions, investment, productivity and innovation, and regulation …
Persistent link: https://www.econbiz.de/10012629455
performance. First, energy regulators can act as specialized consultants and enforcers to enhance environmental regulation. Second …, energy regulators can use their unique authority to remedy deficiencies in exogenous environmental regulation. The essay …
Persistent link: https://www.econbiz.de/10014192972
In 2008 the International Energy Agency (IEA) called for an energy revolution, involving radical action by governments at national and local levels, and through participation in coordinated international mechanisms. Fundamental to achieving such a revolution is the role of governments, and the...
Persistent link: https://www.econbiz.de/10014146664
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techniques such as least squares and GARCH. Our findings suggest three stylized facts: 1) regulatory reform in Europe was …
Persistent link: https://www.econbiz.de/10013058185
We examine the impact of liberalization, energy efficiency, renewable energy, and security of supply legislations on the risk-return profiles of European energy utilities over the period 1996 to 2013. Results show that, after controlling for equity market and commodity risk factors, the EU...
Persistent link: https://www.econbiz.de/10013043636
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The option of adapting to climate change is becoming more important in climate change policy. Hence, responding to climate change now involves both mitigation to address the cause and adaptation as a response to already ongoing or expected changes. These changes are also of relevance for the...
Persistent link: https://www.econbiz.de/10010426488
This paper explores the potential impacts of climate change and mitigation policies on the Euro Area, considering the uncertainty and heterogeneity in both climate and economic systems. Using the MATRIX model, a multi-sector and multi-agent macroeconomic model, we simulate various climate...
Persistent link: https://www.econbiz.de/10014282775