To decarbonize the power sector policy-makers need to commit to long-term credible rules for climate and energy policy … renewable energy sources. Using a dynamic partial equilibrium model of the power sector, we show that commitment to state …

This paper analyses a set of new scenarios for energy markets in Europe to evaluate the consistency of economic … economically efficient and, at the same time, climate friendly, energy mix. Economic costs and environmental objectives are … balanced to identify the welfare-maximising development path, the related investment strategies in the energy sector, and the …

starting point and analyzes to what extent technology policies can be a reasonable second-best approach. From a supply …-side perspective, carbon capture and storage (CCS) policies differ substantially from renewable energy policies: they increase fossil … renewable energy policies under more realistic parameter settings for imperfect or missing carbon prices. We find that in …

or wind energy brings forward the date at which fossil fuels become exhausted and consequently global warming is … backstop is sufficiently cheap relative to marginal global warming damages (e.g., nuclear energy) as then it is attractive to …

of Asia and the world economy — during the last five decades has caused significant strains on their scarce resources …, particularly energy and contributed to serious problems of energy security, environmental degradation and climate change. In coming … decades, these economies are expected to witness high growth, lack of adequate traditional energy sources, high dependence on …

The existing economics literature neglects the important role of capacity in the production of renewable energy. To … fiill this gap, we construct a model in which renewable energy production is tied to renewable energy capacity, which then … allocation of energy, and which therefore comes at the cost of reduced general production. Requiring societal well-being to never …

and subsidiaries of the world's biggest manufacturing, energy, and utility companies. Our results suggest that financial … incentives and legal requirements to audit energy use reduce companies' emissions, whereas support schemes aimed at promoting the … use of renewable energy sources for electricity generation increase emissions of utility companies. We also find loans and …

Between 1950 and 2017, world average life expectancy increased from below-50 to above-70, while the fertility rate …

response to increases in R&D intensity on renewable energy technologies in importer countries. We further show that (i) these …