Showing 1 - 10 of 371
pricing. The policy regimes differ in their informational and institutional requirements regarding monitoring, liability and …
Persistent link: https://www.econbiz.de/10013473710
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 …, economic and policy characteristics that render CCS projects more or less likely to become operational. The results …
Persistent link: https://www.econbiz.de/10010474829
We model the value chain of Carbon Capture, transport and Storage (CCS) by focusing on the decisions taking by actors … socially optimal CCS investments, the government must use more than one policy instrument. A numerical specification of the … model finds that the actually observed CCS investments are much lower than what is socially optimal simply because the price …
Persistent link: https://www.econbiz.de/10012509418
investment in carbon capture and storage (CCS). However, to trigger sizeable investment in CCS the carbon price must exceed the … leads to lower costs of CCS. Using a Hotellling model with two storage sites, each being located at each end of the …
Persistent link: https://www.econbiz.de/10014514928
There is a planning gap for CCS projects in Europe. CCS demonstration plants are not implemented as expected. This fact …, CCS plants are in most cases to be implemented by private companies. Economic valuation of climate projects, seen from the … projects and compare it to a CCS project. We find that the CCS project ranks the lowest on all profitability metrics, and is …
Persistent link: https://www.econbiz.de/10010393639
reduction in CO2. These reports are optimistic, yet CCS demonstration plants are not implemented as expected. Little attention …. We examine key economic parameters of 27 oil and gas projects and compare it to a CCS project. We find that the CCS …
Persistent link: https://www.econbiz.de/10010223461
We develop and implement a new method for identifying wasted subsidies, and use it to provide systematic evidence on the misallocation of carbon offsets in the Clean Development Mechanism - the world's largest carbon offset program. Using newly constructed data on the locations and...
Persistent link: https://www.econbiz.de/10012650589
We examine the formation of multilateral, hub-and-spoke and bilateral international R&D strategic alliances (overlapping climate clubs) to reduce CO2 emissions. R&D provision in clubs produces two types of positive externalities: a global public good (i.e., reduction of CO2 emissions) and...
Persistent link: https://www.econbiz.de/10011926354
This paper presents an adjusted Faustmann Rule for optimal harvest of a forest in the presence of a social cost of carbon emissions. A contribution of the paper is to do this within theoretical and numerical frameworks that take account of the dynamics and interactions of the forest's multiple...
Persistent link: https://www.econbiz.de/10009630657
-side perspective, carbon capture and storage (CCS) policies differ substantially from renewable energy policies: they increase fossil … resource demand and simultaneously lower emissions. We show in a theoretical model that, under idealized conditions, a pure CCS … subsidy can be as efficient as a carbon tax. Within a numerical dynamic general equilibrium model, we analyze CCS and …
Persistent link: https://www.econbiz.de/10009540761