. Using the example of coal-fired power plants, our numerical exercise examines the impacts of increasing a hypothetical …

introduction of the Acid Rain Program in the U.S. as a case study. The theory predicts that owners of coal deposits, expecting … implementation; moreover, the incentive to increase supply would be stronger for owners of high-sulfur coal. This would, all else … equal, induce an increase in sulfur dioxide emissions. Using data on prices, heat input and sulfur content of coal delivered …

modest decrease for coal generators. These findings imply that an updating allocations confers a modest but meaningful …

analyse the effect of both, coal and oil on economic growth between 1900 and 2015, exploiting variation at the level of … European NUTS2 and NUTS3 regions. We show that the reversal of fortune of coal regions resulted from the second energy … transition. Specifically, an "oil invasion" in the early 1960s turned regional coal abundance from a blessing into a curse. Human …

Optimal climate policy is studied. Coal, the abundant resource, contributes more CO2 per unit of energy than the … exhaustible resource, oil. We characterize the optimal sequencing oil and coal and departures from the Herfindahl rule …. "Preference reversal" can take place. If coal is very dirty compared to oil, there is no simultaneous use. Else, the optimal …

late breakthroughs most unilateral emission reductions may be negated abroad. Future coal liquefaction suggests negative …

Several European countries have decided to phase out coal power generation. Emissions from electricity generation are … already regulated by the EU Emissions Trading System (ETS), and in some countries like Germany the phaseout of coal will be … accompanied with cancellation of emissions allowances. In this paper we examine the consequences of phasing out coal, both for the …

We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon …

We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and … electricity, some emissions as well as some coal-based electricity "leak" into other countries and the aggregate welfare of the … group of countries declines, if a country unilaterally phases out coal. With constant emissions cap and no trade in …