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demand-supply framework that despite the swift, unpredicted change, the main impact was a significant increase in prices …-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …
Persistent link: https://www.econbiz.de/10010957645
This paper analyses the macroeconomic costs of environmental regulation in European energy markets on the basis of existing macroeconomic simulation studies. The analysis comprises the European emssion trading scheme, energy taxes, measures in the transport sector, and the promotion of renewable...
Persistent link: https://www.econbiz.de/10005097709
The amount of materials used worldwide in production and consumption increased by 56 per cent from 1995 to 2008. Using an index decomposition analysis based on the logarithmic mean divisia index, we investigate the drivers of material use, both on a global and a country scale. We exploit a panel...
Persistent link: https://www.econbiz.de/10010957623
fuels increase at high rates or when real energy prices increase due to policies for greenhouse gas abatement. Fuel poverty …
Persistent link: https://www.econbiz.de/10010957750
The growing momentum for gas price liberalization in Russia is increasingly constrained by fears of potentially strong … a flexible framework for evaluating gas price reform. We found that the reform is feasible at low economic cost, without … impacts can arise from specific mechanisms to recycle revenues. In terms of global environmental credentials, gas price …
Persistent link: https://www.econbiz.de/10010957761
Measures of affordability are applied in practice, e.g., to assess the affordability of energy services, water or housing. They can be interpreted as measures of deprivation in a specific domain of consumption. The large body of literature on affordability measure has little overlap with the...
Persistent link: https://www.econbiz.de/10011213917
-competitive supply behavior for the international market of tradable permits, compliance costs for the remaining Annex 1 countries to … Annex 1 regions differ significantly. Moreover, curtailing permit supply by market power increases substantially the overall …
Persistent link: https://www.econbiz.de/10005097513
This paper investigates the economic impacts of two policy proposals: "Strom ohne Atom" (SOA) and "Moratorium Plus" (MOP), both of which contain a premature phase-out of nuclear power in Switzerland. While MOP restricts business-as-usual operation time of existing nuclear power plants to 40...
Persistent link: https://www.econbiz.de/10005097586
performance of electricity firms: EUA price changes and stock returns of the most important European electricity corporations are … where the electricity corporations analysed are headquartered. Stock market reactions to EUA volatility could not be shown. …
Persistent link: https://www.econbiz.de/10005097601
Based on unique data from a world-wide survey of agents involved in international climate policy, this paper empirically analyzes the importance of equity in this field. We find that equity issues are considered highly important in international climate negotiations and that the polluter-pays...
Persistent link: https://www.econbiz.de/10005097611