Showing 1 - 10 of 1,306
Quantifying factors giving rise to temporal variation in forest fires is important for advancing scientific … understanding and improving fire prevention. We demonstrate that eighty percent of the large year-to-year variation in forest area … first unified treatment of climatic factors and human activities that affect forest area burned. …
Persistent link: https://www.econbiz.de/10014391323
We use a structural VAR model to study the German natural gas market and investigate the impact of the 2022 Russian supply stop on the German economy. Combining conventional and narrative sign restrictions, we find that gas supply and demand shocks have large and persistent price effects, while...
Persistent link: https://www.econbiz.de/10014576948
the forest is highest when there is little or no harvest from the forest. Increasing the harvest from a forest, in order … to produce more bioenergy, may thus conflict with the direct benefit of the forest as a carbon sink. We analyze this …
Persistent link: https://www.econbiz.de/10010256154
The social cost of carbon (SCC) is a monetary measure of the harms from carbon emission. Specifically, it is the reduction in current consumption that produces a loss in social welfare equivalent to that caused by the emission of a ton of CO2. The standard approach is to calculate the SCC using...
Persistent link: https://www.econbiz.de/10011518115
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10011500170
We develop a two sector incomplete markets integrated assessment model to analyse the effectiveness of green quantitative easing (QE) in complementing fiscal policies for climate change mitigation. We model green QE through an outstanding stock of private assets held by a monetary authority and...
Persistent link: https://www.econbiz.de/10013285512
of Asia and the world economy - during the last five decades has caused significant strains on their scarce resources …
Persistent link: https://www.econbiz.de/10011300352
Climate change is predicted to substantially alter forest growth. Optimally, forest owners should take these future …” being fully rational has traction in forestry. …
Persistent link: https://www.econbiz.de/10012015877
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, the future time path of the use of bioenergy may be...
Persistent link: https://www.econbiz.de/10011819398
We build a two-sector dynamic general equilibrium model with one-sided substitutability between fossil carbon and biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an initial pre-industrial phase to three following phases: a pure fossil...
Persistent link: https://www.econbiz.de/10009683169