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Is there really a green paradox?
Ploeg, Frederick van der; Withagen, Cees - 2010
The Green Paradox states that, in the absence of a tax on CO2 emissions, subsidizing a renewable backstop such as solar or wind energy brings forward the date at which fossil fuels become exhausted and consequently global warming is aggravated. We shed light on this issue by solving a model of...
Persistent link: https://www.econbiz.de/10003939168
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Fueling growth when oil peaks : directed technological change and the limits to efficiency
Jarque Andrés, Francisco; Smulders, Sjak - 2012
While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous growth model that reconciles the current aggregate...
Persistent link: https://www.econbiz.de/10009659333
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Taxes versus cap-and-trade in climate policy when only some fuel importers abate
Strand, Jon - 2010
blocs act strategically in fossil fuel markets. When the policy bloc sets a carbon tax, the fuel import price set by the … fringe also gains from reduced fuel import prices, and gains more when the policy bloc is larger. When the policy bloc sets … an emissions cap, fuel demand becomes less price elastic. In response, a monopolistic exporter sets the fuel export price …
Persistent link: https://www.econbiz.de/10008699680
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Carbon Leakage and capacity-based allocations : is the EU right?
Meunier, Guy; Ponssard, Jean-Pierre; Quirion, Philippe - 2012
subject to business cycles, and the import pressure depends on the demand level and capacity constraints. A combination of …
Persistent link: https://www.econbiz.de/10009687241
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Assessing EU merger control through compensating efficiencies
Affeldt, Pauline Luise; Duso, Tomaso; Gugler, Klaus; … - 2021
Worldwide, the overwhelming majority of large horizontal mergers are cleared by antitrust authorities unconditionally. The presumption seems to be that efficiencies from these mergers are sizeable. We calculate the compensating efficiencies that would prevent a merger from harming consumers for...
Persistent link: https://www.econbiz.de/10012668490
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The sword and the shield : the economics of targeted sanctions
Ahn, Daniel P.; Ludema, Rodney D. - 2019
estimate the impact on firm performance from smart sanctions deployed by the U.S. and EU against Russia beginning in 2014. We …
Persistent link: https://www.econbiz.de/10012001872
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The efficiency of dynamic electricity prices
Hinchberger, Andrew J.; Jacobsen, Mark R.; Knittel, … - 2024
equilibrium price effects, we estimate efficiency gains from time-varying price schedules that better align price with cost. We have …-time pricing with price ceilings can capture most potential efficiency gains. …
Persistent link: https://www.econbiz.de/10015070183
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The risk of policy tipping and stranded carbon assets
Ploeg, Frederick van der; Rezai, Armon - 2019 - Revised July 2019
If global warming is to stay below 2°C, there are four risks of assets stranding. First, substantial fossil fuel reserves will be stranded at the end of the fossil era. Second, this will be true for exploration capital too. Third, unanticipated changes in present or expected future climate...
Persistent link: https://www.econbiz.de/10012039083
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Internationally coordinated emission permit policies : an option for withdrawers from the Kyoto protocol?
Bednar-Friedl, Birgit; Farmer, Karl - 2009
This paper investigates the welfare costs of unilateral versus internationally coordinated emission permit policies in a two-country overlapping generations model with producer carbon emissions. We show that, for a net foreign debtor country, the domestic welfare costs of a unilateral domestic...
Persistent link: https://www.econbiz.de/10003882562
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Biofuels subsidies and the green paradox
Grafton, R. Quentin; Kompas, Tom; Long, Ngo Van - 2010
This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...
Persistent link: https://www.econbiz.de/10003938736