Showing 1 - 10 of 106
Several recent articles have analyzed climate policy giving explicit attention to the non-renewable character of carbon resources. In most of this literature the economy is treated as a single unit, which in the context of climate policy seems reasonable to interpret as the whole world. However,...
Persistent link: https://www.econbiz.de/10008914283
followed the Grenelle de l’environnement encompass policy measures in energy generation, manufacturing, transport, waste … management, construction and agriculture to encourage a transition towards a low-carbon economy. The government is committed to …
Persistent link: https://www.econbiz.de/10010559788
We study the incidence of carbon-reduction and green-energy promotion policies in an open fossil-fuel importing general … energy are shown to reduce also carbon emissions and vice versa. Their direct effects are stronger than their side effects …, the more so, the greater is the elasticity of substitution in consumption between en-ergy and the consumption good. We …
Persistent link: https://www.econbiz.de/10005010149
The paper presents an adjusted Faustmann Rule for optimal harvest of a forest when there is a social cost of carbon emissions. The theoretical framework takes account of the dynamics and interactions of forests’ multiple carbon pools and assumes an infinite time horizon. Our paper provides a...
Persistent link: https://www.econbiz.de/10010877686
Many countries have adopted energy policies that promote biofuels as a substitute for gasoline in transportation. For … instance, more than 40% of U.S. grain is now used for energy and this share is expected to rise under the current Renewable … Fuels Mandate. This paper examines the distributional effects of this energy mandate on India using micro-level survey data …
Persistent link: https://www.econbiz.de/10011123798
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
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
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
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
In this paper we investigate the time-varying relationship between oil and natural gas in the UK. We develop a model where relative prices can move between pricing-regimes; markets switch between being decoupled and integrated. Our model endogenously accounts for periods where oil and natural...
Persistent link: https://www.econbiz.de/10010721610