Showing 1 - 10 of 554
This paper presents the first investigation of the effects of optimal energy taxation in an urban spatial setting …
Persistent link: https://www.econbiz.de/10011415931
A small open economy produces a consumer good, green and black energy, and imports fossil fuel at an uncertain price … risk, to risk shifting and the uniform price for both types of energy. Under the plausible assumptions that consumers are … prudent and at least as risk averse as the producers of black energy, the risk can be efficiently managed by taxing emissions …
Persistent link: https://www.econbiz.de/10003969720
We consider a global externality of resource use, with the example of greenhouse gas emissions from fossil fuels. A region concerned about climate change may reduce its fuel deposit offer, reduce fuel consumption, and withdraw investments into global fuel extraction. We study leakage rates and...
Persistent link: https://www.econbiz.de/10011454043
Despite ambitious climate goals and already substantial stocks of developed fossil energy reserves, development of new … fossil energy reserves continues to be high. This raises concerns, as it reinforces the fossil industry’s opportunities and … paper, we analyze the energy transition, considering fossil exploration and development activities. We provide conditions …
Persistent link: https://www.econbiz.de/10012257735
slightly increase present extraction. Moreover, taxation leads to higher energy prices which induces the renewable energy firms … there is a clean energy source that is a perfect substitute and exhibits learning-by-doing (LBD). If the marginal extraction … crowds out energy from the combustion of fossil fuels and may outweigh the initial increase in present extraction, leading to …
Persistent link: https://www.econbiz.de/10010375227
, we find that coal abundance is an important driver of net CO2 exports, and abundance increases exports. These findings …
Persistent link: https://www.econbiz.de/10011987069
We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord Pool market and Spain, using one-year futures for base and peak load prices for the years 2009-2012, corresponding to physical settlement during the second market phase of the...
Persistent link: https://www.econbiz.de/10009786078
Council - was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a … final energy consumption, and improved energy efficiency. We find that the renewable and energy-efficiency targets have been …
Persistent link: https://www.econbiz.de/10011933893
The paper analyzes the problem of achieving a target path of emission reductions in the electricity sector, using a scheme of tradable green certificates (TGC). There are two types of generation, renewable and fossil. The latter causes the emissions. The paper also examines effects from emission...
Persistent link: https://www.econbiz.de/10011977097
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