Showing 1 - 10 of 51
The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon …
Persistent link: https://www.econbiz.de/10008572565
development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density … countries, compatible with the sustainability of the processes concerning the Earth system. Mainly by focusing on the energy …
Persistent link: https://www.econbiz.de/10010877706
While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource … scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous … growth model that reconciles the current aggregate trends in energy use and productivity growth with the intertemporal …
Persistent link: https://www.econbiz.de/10010586070
We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location … and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy … plays must first boom and then bust. For both renewable and non-renewable energy sources we link the size of exploitation …
Persistent link: https://www.econbiz.de/10010634077
In this paper we discuss the global negotiations now underway and aimed at achieving new climate change mitigation and other arrangements after 2012 (the end of the Kyoto commitment period). These were initiated in Bali in December 2007 and are scheduled to conclude by the end of 2009 in...
Persistent link: https://www.econbiz.de/10005406010
Economists have analyzed potential for damages from climate change from theoretical analyses and with Integrated Assessment Models (IAMs). Analytical models typically write damages as a function of the carbon stock, while IAMs typically view damages as based on temperatures. In this paper, we...
Persistent link: https://www.econbiz.de/10011212071
According to the Framework Convention on Climate Change, global collective action is needed to stabilize “greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system.” The Framework Convention thus...
Persistent link: https://www.econbiz.de/10010734324
In this paper we use the Hodrick-Prescott filter for analysing global temperature data. We are especially concerned with a reliable estimation of the trend component at the end of the data sample. To this end we employ time-varying values for the penalization parameter. The optimal values are...
Persistent link: https://www.econbiz.de/10010734331
renewable sources, and encourage energy conservation. To what extent do innovation and energy efficiency (EE) market failures … advanced and conventional renewable energy technologies and short and long-run EE investments. We incorporate both knowledge … spillovers and imperfections in the demand for energy efficiency. We conclude that some technology policies, particularly …
Persistent link: https://www.econbiz.de/10010764280
Economic models of climate policy (or policies to combat other environmental problems) typically neglect psychological adaptation to changing life circumstances. People may adapt or become more sensitive, to different degrees, to a deteriorated environment. The present paper addresses these...
Persistent link: https://www.econbiz.de/10010772268