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Phasing out nuclear power in Europe
Aune, Finn Roar; Golombek, Rolf; Hallre, Hilde - 2015
We explore the impact of an EU-wide nuclear phase-out by 2030 provided the EU energy and climate policy for 2030 is implemented. Using a numerical simulation model of the European energy industry (LIBEMOD), we find that a complete nuclear phase-out in Europe by 2030 has a moderate impact on...
Persistent link: https://www.econbiz.de/10011281296
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Does a renewable fuel standard for biofuels reduce climate costs?
Greaker, Mads; Hoel, Michael; Rosendahl, Knut Einar - 2012
climate costs. In this paper we make two contributions to the literature. First, we study the market effects of a renewable …. Hence, even if emissions from biofuels are substantial, climate costs may be reduced. Finally, if only a subset of countries … introduce a renewable fuel standard, there will be carbon leakage to the rest of the world. However, climate costs may decline …
Persistent link: https://www.econbiz.de/10009687216
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Announcing is bad, delaying is worse : another pitfall in well-intended climate policy
Jus, Darko; Meier, Volker - 2012
It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is...
Persistent link: https://www.econbiz.de/10009570723
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Dynamic resource management under weak property rights : a tale of thieves and trespassers
Rodríguez Acosta, Mauricio Andrés; Smulders, Sjak - 2016
Using a dynamic framework with strategic interactions, we study the management of a non-renewable natural resource when property rights are generally weak. Under generally weak property rights both the resource stock and the revenues from exploiting it are imperfectly protected, due to...
Persistent link: https://www.econbiz.de/10011515393
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Prices vs. quantities and the intertemporal dynamics of the climate rent
Kalkuhl, Matthias; Edenhofer, Ottmar - 2010
This paper provides a formal survey of price and quantity instruments for mitigating global warming. We explicitly consider policies' impact on the incentives of resource owners who maximize their profits intertemporally. We focus on the informational and commitment requirements of the...
Persistent link: https://www.econbiz.de/10003967535
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Climate effects of carbon taxes, taking into account possible other future climate measures
Habermacher, Florian; Kirchgässner, Gebhard - 2011
The increase of fuel extraction costs as well as of temperature will make it likely that in the medium-term future …
Persistent link: https://www.econbiz.de/10009011944
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The long run impact of biofuels on food prices
Chakravorty, Ujjayant; Hubert, Marie-Hélène; Moreaux, … - 2012
More than 40% of US grain is now used to produce biofuels, which are used as substitutes for gasoline in transportation. Biofuels have been blamed universally for recent increases in world food prices. Many studies have shown that these energy mandates in the US and EU may have a large (30-60%)...
Persistent link: https://www.econbiz.de/10009571127
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What should we expect from innovation? : a model-based assessment of the environmental and mitigation cost implications of climate-related R&D
Bosetti, Valentina; Carraro, Carlo; Duval, Romain; … - 2010
arrangements are considered. -- climate change ; environmental policy ; energy R&D fund ; stabilisation costs …
Persistent link: https://www.econbiz.de/10003949084
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Faustmann and the climate
Hoel, Michael; Holtsmark, Bjart; Holtsmark, Katinka - 2012
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
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Cutting costs of catching carbon : intertemporal effects under imperfect climate policy
Hoel, Michael; Jensen, Svenn - 2010
We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may be more desirable than com-parable cost reductions...
Persistent link: https://www.econbiz.de/10008806063