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technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may … ‘green paradox'), whereas CCS cost reductions make fossil resources more attractive for future use and lead to postponement …
Persistent link: https://www.econbiz.de/10013038364
, economic and policy characteristics that render CCS projects more or less likely to become operational. The results …Carbon Capture and Storage (CCS) is regarded as one of the most important technologies to mitigate climate change while … outcomes. Using data on planned, cancelled and operational CCS projects to date, this paper aims to elicit technological …
Persistent link: https://www.econbiz.de/10013028906
and renewable energy costs low, renewable energy policies perform better. Our results indicate that a pure CCS policy or a …This paper takes the ‘policy failure' in establishing a global carbon price for efficient emissions reduction as a …-side perspective, carbon capture and storage (CCS) policies differ substantially from renewable energy policies: they increase fossil …
Persistent link: https://www.econbiz.de/10013105137
characteristics have important implications for climate policy. We show in the context of our model that: (i) the optimal carbon tax …
Persistent link: https://www.econbiz.de/10012915191
We propose a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...
Persistent link: https://www.econbiz.de/10013039305
mitigation policy consists of spending a constant fraction of output on emissions abatement. This fraction is an increasing …
Persistent link: https://www.econbiz.de/10013040491
The tractable general equilibrium model developed by Golosov et al. (2014), GHKT for short, is modified to allow for stock-dependent fossil fuel extraction costs and partial exhaustion of fossil fuel reserves, a negative impact of global warming on growth, mean reversion in climate damages,...
Persistent link: https://www.econbiz.de/10012996198
environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even …&D intensity of importer countries. Besides having important implications for the effectiveness and design of climate policy, these …
Persistent link: https://www.econbiz.de/10013024360
Economists have analyzed potential for damages from climate change from theoretical analyses and with Integrated Assessment Models (IAMs). Analytical models typically write damages as a function of the carbon stock, while IAMs typically view damages as based on temperatures. In this paper, we...
Persistent link: https://www.econbiz.de/10013024489
We study the effect of climate policy on companies' greenhouse gas emissions using emissions data for the headquarters … foundation for researchers seeking consistent and comparable estimates on the mitigation effects of typical climate policy …
Persistent link: https://www.econbiz.de/10012946920