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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
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
We examine the effect of in-state and out-of-state renewable energy policies on wind energy patenting. Using a …
Persistent link: https://www.econbiz.de/10012481037
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
Greater use of renewable energy is seen as a key component of any move to combat climate change, and is being … renewable energy. This paper surveys what is written and adds to it. The conclusion is that the main renewables face a major …, much of the decarbonization of the economy will have to come from nuclear, carbon capture and storage (CCS) and energy …
Persistent link: https://www.econbiz.de/10012463568
likely to be misleading. However, other common arguments for subsidizing renewable power - green jobs, energy security and … driving down fossil energy prices - are unlikely to substantially alter the analysis. The role of intellectual property … spillovers is a strong argument for subsidizing energy science research, but less persuasive as an enhancement to the value of …
Persistent link: https://www.econbiz.de/10012460962
renewable energy using a panel sample of the largest 100 countries worldwide. Exploiting the cross-country variations in ETS … energy by 61.59%, on average. In contrast, the introduction of carbon taxes has a less effective impact on emissions … reduction and fails to boost the usage of renewable energy …
Persistent link: https://www.econbiz.de/10013435149
environmental policy treat technology as exogenous. For long-term problems such as climate change, this omission can be significant … innovation in the energy sector. Ignoring induced technological change overstates the welfare costs of an optimal carbon tax …
Persistent link: https://www.econbiz.de/10012468936
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