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A Tale of Two Countries: Emissions Scenarios for China and India

Massetti, Emanuele - Fondazione ENI Enrico Mattei (FEEM) - 2011

The aim of the paper is to present evidence that China and India are, and will remain, two very different actors in international negotiations to control global warming. We base our conclusions on historical data and on scenarios until 2050. The Business-as-Usual scenario (BaU) is compared to...

Persistent link: https://www.econbiz.de/10009002699

How (not) to Choose Peers in Studying Groups

Gall, Thomas; Amann, Roland - Fondazione ENI Enrico Mattei (FEEM) - 2006

This paper analyzes social group formation when agents are subject to peer effects within groups increasing human capital and instantaneous utility. When agents are heterogeneous on two dimensions, ability and social skills, and monetary payments are not feasible the model predicts segregation...

Persistent link: https://www.econbiz.de/10005570263

Climate Policies: a Burden or a Gain?

Bréchet, Thierry; Tulkens, Henry - Fondazione ENI Enrico Mattei (FEEM) - 2013

That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are substitutes. This brings climate policies naturally in the realm...

Persistent link: https://www.econbiz.de/10010904921

The Market Value of Variable Renewables

Hirth, Lion - Fondazione ENI Enrico Mattei (FEEM) - 2012

The income that wind and solar power receive on the market is affected by the variability of their output. At times of … intertemporal flexibility of the electricity system. Thus the price of wind power falls with higher penetration rates, even if the … using a calibrated model of the European electricity market. The relative price of German wind power (value factor) is …

Persistent link: https://www.econbiz.de/10010904938

The Impact of Ambiguity Prudence on Insurance and Prevention

Berger, Loïc - Fondazione ENI Enrico Mattei (FEEM) - 2015

Most decisions concerning (self-)insurance and self-protection have to be taken in situations in which a) the effort exerted precedes the moment uncertainty realises, and b) the probabilities of future states of the world are not perfectly known. By integrating these two characteristics in a...

Persistent link: https://www.econbiz.de/10011268586

Economic Valuation of Oceanographic Forecasting Services: A Cost-Benefit Exercise

Chiabai, Aline; Nunes, Paulo A.L.D. - Fondazione ENI Enrico Mattei (FEEM) - 2006

This paper provides an assessment of the economic value of the oceanographic services provided by the Mediterranean operational forecasting system, MFSTEP. The main purpose of this exploratory study is to carry out a cost-benefit analysis for different development scenarios, by comparing the...

Persistent link: https://www.econbiz.de/10005385333

Valuing Environmental Factors in Cost-Benefit Analysis Using Data Envelopment Analysis

Kuosmanen, Timo - Fondazione ENI Enrico Mattei (FEEM) - 2006

Environmental cost-benefit analysis (ECBA) refers to social evaluation of investment projects and policies that involve significant environmental impacts. Valuation of the environmental impacts in monetary terms forms one of the critical steps in ECBA. We propose a new approach for environmental...

Persistent link: https://www.econbiz.de/10005385376

Redistribution Effects of Energy and Climate Policy: The Electricity Market

Hirth, Lion; Ueckerdt, Falko - Fondazione ENI Enrico Mattei (FEEM) - 2012

analytical model of electricity markets, and a calibrated numerical model of the Northwestern European integrated power system …

Persistent link: https://www.econbiz.de/10010603764

Is the Discount Rate Relevant in Explaining the Environmental Kuznets Curve?

Vita, Giuseppe Di - Fondazione ENI Enrico Mattei (FEEM) - 2003

In this paper we use Pindyck’s model (2002) to show that the discount rate may play an important role in explaining for the income-pollution pattern observed in the real world. Low levels of income involve high values of discount rate, that are obstacles to the adoption of a pollution...

Persistent link: https://www.econbiz.de/10005423180

Why Wind Is Not Coal: On the Economics of Electricity

Hirth, Lion; Ueckerdt, Falko; Edenhofer, Ottmar - Fondazione ENI Enrico Mattei (FEEM) - 2014

three dimensions - time, space, and lead-time. Consequently, different generation technologies, such as coal and wind power … accounts for heterogeneity for unbiased assessments of power generators. The framework offers a rigorous interpretation of … generators, but especially for variable renewables such as wind and solar power. We propose a definition of ‘variability’, derive …

Persistent link: https://www.econbiz.de/10010770382