Recently, increases in energy prices have made energy conservation and efficiency improvements even more essential than in the past. However, consumers experience difficulty in obtaining reliable information regarding energy efficiency, so that many countries have implemented regulations to...

Greenhouse gas (GHG) emission mitigation policy impacts the economic system directly in the short-term by altering relative prices and indirectly in the long-term by shifting the structure of the economy. There may also be adjustments to economic structure independent of policy intervention due...

Borrowing from the bundling literature, the paper presents a novel model of vertical and horizontal differentiation applied to transport decisions: households differ in their preferences for transportation modes — cars vs public transport — and in the amount of travel. Using few observables,...

We estimate the potential synergy between pollution and climate control in the U.S. and China, summarizing the results as emissions cross-elasticities of control. In both countries, ancillary carbon reductions resulting from SO2 and NOx control tend to rise with the increased stringency of...

We analyse variations of carbon emissions in the European cement industry from 1990 to 2012, at the European level (EU 27), and at the national level for six major producers (Germany, France, Spain, the United Kingdom, Italy and Poland). We apply a Log-Mean Divisia Index (LMDI) method,...

This study evaluates the impact of fuel taxes on new car purchases, using exhaustive individual-level data of monthly new car registrations in France. We use information on the car holder to account for heterogeneous preferences across purchasers, and we identify demand parameters through the...

This paper analyzes the direct and indirect benefits of reducing CO2 emission during 2005 to 2100 in the case of Nepal, a low income developing country rich in hydropower resource. It discusses the effects on energy supply mix, local pollutant emissions, energy security and energy system costs...

Switching from conventional stoves to modern clean, safe, and efficient stoves will improve health and social welfare for the 2.7billion people worldwide that lack reliable access to modern energy services. In this paper, we critically review some key theoretical dimensions of household consumer...

If emissions are stochastic and firms are unable to control them through abatement, the cap in a permit market may be exceeded, or not be reached. I derive a binary options pricing formula that expresses the permit price as a function of the penalty for noncompliance and the probability of an...

We use the MESSAGE model to examine multiple dimensions of sustainable development for three Asian regions in a set of scenarios developed for the Asian Modelling Exercise. Using climate change mitigation as a starting point for the analysis, we focus on the interaction of climate and energy...