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The Energy Modeling Forum 28 (EMF28) study systematically explores the energy system transition required to meet the European goal of reducing greenhouse gas (GHG) emissions by 80% by 2050. The 80% scenario is compared to a reference case that aims to achieve a 40% GHG reduction target. The...
Persistent link: https://www.econbiz.de/10010251638
This paper documents the extension of MEDSEA, a small open economy DSGE model for Malta, with a detailed energy sector. The model contains relatively rich fiscal and energy blocks allowing the model to simulate the transitional costs related to the economy's decarbonisation, together with the...
Persistent link: https://www.econbiz.de/10014633518
cost estimations for each pair of EU region. This approach allows us to estimate different valuations of climate amenities … summer season (i.e. southern EU) is likely to yield significant welfare losses. As a result European tourists are more likely …
Persistent link: https://www.econbiz.de/10010251559
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In this paper we present a systematic attempt to assess economic value of climate change impact on forest ecosystems and human welfare. In the present study, climate change impacts are downscaled to the different European countries, which in turn constitute the elements of our analysis. First,...
Persistent link: https://www.econbiz.de/10008728741
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In this paper we estimate the relationship between urban sprawl and a measure of air quality, namely the number of days in which the PM10 concentration exceeds safeguard limits in European Union cities. Building on a multidimensional representation of sprawl, the paper employs several indicators...
Persistent link: https://www.econbiz.de/10012487819
The EU has embarked on multiple initiatives reflecting its commitment to environmental enhancement and sustainable …-friendly policies and sustainable practices within the region. Conversely, the fiscal rules within the EU, designed to manage budgetary … with the environmental goals set forth by the EU. To address this issue, using a panel of 27 European member countries …
Persistent link: https://www.econbiz.de/10014445352
We study the labor market and macroeconomic effects of introducing a carbon tax in the energy sector in emerging economies (EMEs) by building a framework with equilibrium unemployment and firm entry that incorporates key elements of the distinct employment and firm structure of EMEs. Our model...
Persistent link: https://www.econbiz.de/10014460792