paper, we analyze the energy transition, considering fossil exploration and development activities. We provide conditions … reveals that a volume equal to 9-19% of current oil and gas reserves are optimally abandoned, and that, even under a 1.5oC …Despite ambitious climate goals and already substantial stocks of developed fossil energy reserves, development of new …

theoretical and numerical perspectives. An increasing carbon tax will reduce investments in assets that pollute, and so reduce …". Considering second-best settings, we show that, although carbon taxes achieve stringent targets more efficiently, in fact …

We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … results vary by country due to different generation portfolios. Overall, we find that (a) carbon costs are passed through … degree of cross-commodity and cross-market interaction allowed. We further find that coal prices are negatively and gas …

Council - was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a … comprehensive assessment of the EU package, with its three main targets: lower greenhouse gas emissions, higher renewable share in … final energy consumption, and improved energy efficiency. We find that the renewable and energy-efficiency targets have been …

We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes … regressions, controlling for macroeconomic factors such as economic development, GDP growth, urbanisation, as well as the energy …

applied modules they use for representing sectoral energy and emission characteristics and dynamics. The purpose is to provide … technical insight into recent advances in the modelling of current and future energy and abatement technologies and how they can … be used to make baseline projections and scenarios 20-80 years ahead. In order to represent likely energy system …

world. This literature includes empirical evaluations of how past climatic events have affected fiscal outcomes, empirical …

If bioenergy has a less negative impact on the climate than fossil energy, it may be optimal to have a significant … increase in the use of bioenergy over time. Due to the difference in the way the climate is affected by the two types of energy …

Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the … subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … analyzing storage and renewable energy in equilibrium, and provide an anatomy of a market dominated by such technologies. …