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Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany

Hintermann, Beat - CESifo - 2014

I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot … generation, and intersecting it with residual demand for fossil-based electricity for every hour. Determining the marginal … electricity prices by at least 84 %, with a central range of 98 %–104 % for different load periods. My results suggest that there …

Persistent link: https://www.econbiz.de/10010948833

France's Environmental Policies: Internalising Global and Local Externalities

Egert, Balazs - CESifo - 2012

by the Constitutional Council; the challenges relating to renewable and nuclear electricity generation; the ways to …

Persistent link: https://www.econbiz.de/10010559788

Market Effects of Voluntary Climate Action by Firms: Evidence from the Chicago Climate Exchange

Gans, Will; Hintermann, Beat - CESifo - 2011

Why do for-profit firms take voluntary steps to improve the environment? Brand appeal to green consumers or investors, the ability to influence or avoid regulation, or the experience gained for future regulation, have all been suggested as possible reasons. The empirical evidence is decidedly...

Persistent link: https://www.econbiz.de/10009021238

Carbon Content of Electricity Futures in Phase II of the EU ETS

Fell, Harrison; Hintermann, Beat; Vollebergh, Herman R. J. - CESifo - 2013

We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … increasing interaction between electricity and input prices on the one hand, and between electricity markets on the other. The …

Persistent link: https://www.econbiz.de/10010877729

Market Power in Emission Permit Markets: Theory and Evidence

Hintermann, Beat - CESifo - 2013

manipulation by large electricity firms during Phase I of the EU ETS. I find that the pattern and extent of firms’ allowance …

Persistent link: https://www.econbiz.de/10010877762

CCS - Failing to Pass Decision Gates

Emhjellen, Magne; Osmundsen, Petter - CESifo - 2013

Socio-economic criteria for climate projects have been used in analysing the value of the climate benefit of a reduction in CO2. These reports are optimistic, yet CCS demonstration plants are not implemented as expected. Little attention has been devoted to profitability assessments based on...

Persistent link: https://www.econbiz.de/10010877765

Energy Use and Economic Growth in Africa: A Panel Granger-Causality Investigation

Arouri, Mohamed El Hedi; Youssef, Adel Ben; M'Henni, Hatem - CESifo - 2014

We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa. However, African countries are heterogeneous and there is...

Persistent link: https://www.econbiz.de/10010877974

When Labor Disputes Bring Cities to a Standstill: The Impact of Public Transit Strikes on Traffic, Accidents, Air Pollution, and Health

Bauernschuster, Stefan; Hener, Timo; Rainer, Helmut - CESifo - 2015

Many governments have banned strikes in public transportation. Whether this can be justified depends on whether strikes endanger public safety or health. We use time-series and cross-sectional variation in powerful registry data to quantify the effects of public transit strikes on urban...

Persistent link: https://www.econbiz.de/10011265260

Energy Consumption, Economic Growth and CO2 Emissions in Middle East and North African Countries

Arouri, Mohamed El Hedi; Youssef, Adel Ben; M'Henni, Hatem - CESifo - 2012

This article extends the recent findings of Liu (2005), Ang (2007), Apergis et al. (2009) and Payne (2010) by implementing recent bootstrap panel unit root tests and cointegration techniques to investigate the relationship between carbon dioxide emissions, energy consumption, and real GDP for 12...

Persistent link: https://www.econbiz.de/10009645652

Pollution, Shadow Economy and Corruption: Theory and Evidence

Biswas, Amit K.; Farzanegan, Mohammad Reza; Thum, Marcel - CESifo - 2011

We study how the shadow economy affects pollution and how this effect depends on corruption levels in public administration. Production in the shadow economy allows firms to avoid environmental regulation policies; a large informal sector may be accompanied by higher pollution levels. Our...

Persistent link: https://www.econbiz.de/10009368501

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