If governments cannot commit to future carbon tax rates, investments in greenhouse gas mitigation will be based on uncertain and/or wrong predictions about these tax rates. Predictions about future carbon tax rates are also important for decisions made by owners of nonrenewable carbon resources....

We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation technologies for the power sector. The effect of cost reductions for CCS depends on how carbon taxes are set. If there is no carbon tax in period 1, but an optimally set carbon tax in...

Chapter 1. The Root Causes of Our Environmental Crises We Ignore -- Chapter 2. Risks From Transition to Low Carbon Energies and Global Warming for FSU Countries -- Chapter 3. The General Situation with Climate Change in the World and Risk Assessment for the Global Economy -- Chapter 4. Why the...

Purpose – The purpose of this paper is to examine the relationship between food security and cleaner energy and evaluate the financial viability of both ethanol and biodiesel productions in Southern Brazil, the current battleground region among food, ethanol and biodiesel. Southeastern Brazil...

We study the effects on the food price of introducing biofuels as a substitute for fossil fuel in the energy market. Energy is supplied by a price-leading oil cartel and a competitive fringe of farmers producing biofuel. Biofuel production shares a finite land resource with food production. A...

Our main message is that it is optimal to use less coal and more oil once one takes account of coal being a backstop which emits much more CO2 than oil. The way of achieving this is to have a steeply rising carbon tax during the initial oil-only phase, a less-steeply rising carbon tax during the...

We analyze a dynamic game between a buyer and a seller of a nonrenewable resource. The seller chooses resource supply; the buyer can pay a fixed cost to invent a perfect substitute for the resource at any time. In closed-loop equilibrium, the buyer adopts the substitute when the resource is...

Achieving climate policy targets will require large-scale deployment of low-carbon energy technologies, including nuclear power. The small modular reactor (SMR) is viewed as a possible solution to the problems of energy security as well as climate change. In this paper, we use an integrated...

This study uses data of a representative sample of Swiss firms to assess the effectiveness of policy measures directed at the diffusion of energy effcient technology (EET). Three different outcome variables (number of EET applications implemented, CO2 reduction, and EET related investment) are...