Showing 1 - 10 of 297
After a boom and bust cycle in the early 2010s, venture capital (VC) investments are, once again, flowing towards green businesses. In this paper, we use Crunchbase data on 150,000 US startups founded between 2000 and 2020 to better understand why VC initially did not prove successful in funding...
Persistent link: https://www.econbiz.de/10013191014
coal as a backdrop, I discuss policy options for easing adjustment to the energy transition, including letting market …
Persistent link: https://www.econbiz.de/10013537765
We study how individual inventors respond to incentives to work on "clean" electricity technologies. Using natural gas price variation, we estimate output and entry elasticities of inventors and measure the medium-term impacts of a price increase mirroring the social cost of carbon. We find that...
Persistent link: https://www.econbiz.de/10014421213
coal, natural gas, or clean sources and the direction of technology is endogenous. In the short run, a natural gas boom … reduces carbon emissions by inducing substitution away from coal. Yet, the natural gas boom discourages innovation directed at …
Persistent link: https://www.econbiz.de/10014372414
Many US states have set ambitious renewable portfolio standards (RPS) that require utilities to switch from fossil fuels toward renewables. RPS increases the renewables capacity, bond issuance, maturity, and yield spreads of investor-owned utilities compared to municipal producers that are...
Persistent link: https://www.econbiz.de/10014447281
accelerate the decommissioning of coal plants. Sales of fossil fuel plants from DLCs to foreign corporations result in some …
Persistent link: https://www.econbiz.de/10014635696
The growth of electric vehicles (EVs) raises new challenges for electricity systems. We implement a field experiment to assess the effect of time-of-use (TOU) pricing and managed charging on EV charging behavior. We find that while TOU pricing is effective at shifting EV charging into off-peak...
Persistent link: https://www.econbiz.de/10015056212
Japanese public pension benefits, which were distributed quarterly through February 1990 and every other month since then, induce substantial but predictable income fluctuations. The relative magnitude of the payments combined with the delay between payments yields a stronger test of the...
Persistent link: https://www.econbiz.de/10012462314
If a coalition of countries implements climate policies, nonparticipants tend to consume more, pollute more, and invest too little in renewable energy sources. In response, the coalition's equilibrium policy distorts trade and is not time-consistent. This paper derives conditions for when...
Persistent link: https://www.econbiz.de/10012462537
coal smoke, arguing that before 1890 Londoners burned excessive amounts of soft coal, while in the years following, a … series of legal, demographic, and technological changes mitigated the production of coal smoke. This paper asks two questions … changes in the production of coal smoke, or were they the result of some broader meteorological phenomenon. The evidence we …
Persistent link: https://www.econbiz.de/10012462983