Showing 1 - 10 of 2,921
We investigate the short- and long-term effects of a natural gas boom in an economy where energy can be produced with … coal, natural gas, or clean sources and the direction of technology is endogenous. In the short run, a natural gas boom … clean energy, which delays and can even permanently prevent the energy transition to zero carbon. We formalize and …
Persistent link: https://www.econbiz.de/10014372414
Society's transition toward more sustainable energy sources is well underway. But substantially reducing the use of … potential for adverse labor market consequences from the energy transition and the suitability of existing policies to … 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
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
this century, driven by improvements in clean energy technologies, adoption of stringent climate policies, or both. This …
Persistent link: https://www.econbiz.de/10015145158
Energy efficiency and conservation are considered key means for reducing greenhouse gas emissions and achieving other … energy policy goals, but associated market behavior and policy responses have engendered debates in the economic literature …. We review economic concepts underlying consumer decision making in energy efficiency and conservation and examine related …
Persistent link: https://www.econbiz.de/10012463618
The recent world energy crisis raises serious questions about the extent to which the United States should increase … oil production and (2) developing one of the world's largest and most competitive sources of renewable energy -- sugarcane … domestic oil production and develop alternative sources of energy. We examine the energy developments in Brazil as an important …
Persistent link: https://www.econbiz.de/10012464277
energy. The analysis is conducted using patent data on a panel of 25 countries over the period 1978-2003. It is found that … effective for different renewable energy sources …
Persistent link: https://www.econbiz.de/10012464887
Our new analytical general equilibrium model is used to study effects of tightening state Renewable Portfolio Standards (RPS) on electricity price, CO2 emissions, fossil fuel electricity generation, and two kinds of renewable generation. We show how those outcomes depend on key state...
Persistent link: https://www.econbiz.de/10012938752
Climate change is generating demonstrable harm around the world. Political and legal efforts have sought to associate …
Persistent link: https://www.econbiz.de/10014372415
I distinguish between reduction offsets and removal offsets, the former generated by a reduction in the rate of greenhouse gas emissions and the latter generated by the removal of greenhouse gases from the atmosphere. I show that only removal offsets make any contribution to mitigating climate...
Persistent link: https://www.econbiz.de/10015145121