Showing 1 - 10 of 147
Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from renewable sources, and encourage energy conservation. To what extent do innovation and energy efficiency (EE) market failures justify additional interventions when a carbon price is...
Persistent link: https://www.econbiz.de/10010833951
Fossil fuels are non-renewable carbon resources, and the extraction path of these resources depends both on present and future demand. When this “Hotelling feature” is taken into consideration, the whole price path of carbon fuel will shift downwards as a response to the reduced cost of the...
Persistent link: https://www.econbiz.de/10005012144
evolution of all indicators over time throughout the world, and (ii) the aggregation methodology to reconcile them in one … current sustainability at world level differs from what the traditional measure of well-being, the GDP, depicts, highlighting … the trade-offs among different components of sustainability. Moreover, in the next decade a slight decrease in world …
Persistent link: https://www.econbiz.de/10010603772
This paper discusses the merits and limits of the recent European energy policy aimed at reducing carbon emissions, devoting particular attention to the European Trading System of carbon permits and to the measures that the European Union has adopted to promote renewable energy sources. From the...
Persistent link: https://www.econbiz.de/10008828388
We distinguish between local problems of biodiversity loss and global ones, where international cooperation is required. Global biodiversity regulation involves choosing the optimal stopping rule regarding global land conversions, in order to ensure that some areas of unconverted natural...
Persistent link: https://www.econbiz.de/10010904910
MIND is a hybrid model incorporating several energy related sectors in an endogenous growth model of the world economy …
Persistent link: https://www.econbiz.de/10005423087
other regions in the world in terms of solar and wind energy deployment. This study will try to explore the reasons of this …
Persistent link: https://www.econbiz.de/10011268590
In addition to the already present Climate and Energy package, the European Union (EU) plans to include a binding target to reduce energy consumption. We analyze the rationales the EU invokes to justify such an overlapping and develop a minimal common framework to study interactions arising from...
Persistent link: https://www.econbiz.de/10009421228
In this paper a real option model is developed to examine the critical factors affecting the decision to lease agricultural land to a company installing a PV power plant. The leasing payment is certain while the net revenues from agriculture are uncertain. We identify the profit values at which...
Persistent link: https://www.econbiz.de/10009421231
This paper investigates the determinants of directed technical change at the firm level in the electricity generation sector. We use firm-level data on patents filed in renewable (REN) and fossil fuel (FF) technologies by 5,261 European firms over the period 1978-2006. We investigate how energy...
Persistent link: https://www.econbiz.de/10010833905