From an engineering perspective, climate change can affect the energy sector in a number of ways, such as changes in the efficiency of power plants and increases in peak demand due to higher cooling demand in hotter summers. This article reviews how integrated assessment models have estimated...

Top-down computable general equilibrium models of energy–economy interactions have a limited representation of the electricity sector, typically using constant elasticities of substitution between generation types. Detailed bottom-up electricity models generally have embedded load duration...

The growing importance of the electricity sector in many economies, and of energy and environmental policies, requires a detailed consideration of these sectors and policies in computable general equilibrium (CGE) models, including both technological and temporal aspects. This paper presents the...

Demand Response (DR) programs send time-based signals to electricity consumers so that they may shift or reduce their loads to better adjust to the system requirements, thus creating interesting benefits for power systems. However, the assessment of these benefits is quite challenging, since it...

The effects of economic growth on the environment in Korea, for a given level of energy consumption, and fossil fuels and nuclear energy in electricity production, are examined in a dynamic cointegration framework. To that end, the autoregressive distributed lag (ARDL) approach is used. We find...

Energy Efficient Technologies (EET) have attracted strong interest because of their role in reducing environmental damage. Their adoption, however, remains rather low, while their impact on productivity is substantial and differentiating with respect to technological characteristics. Energy...

Carbon taxes or tradable permit systems to address climate change may induce research and development in energy-related technologies. We construct a single-knowledge-stock model of R&D, growth and climate to assess the importance of this effect. The contribution of induced R&D is shown to be...

This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990–2011. Our results indicate that there is evidence of bidirectional causality between...

As the world's largest developing economy, China plays a key role in global climate change and other environmental impacts of international concern. Environmentally extended input–output analysis (EE-IOA) is an important and insightful tool seeing widespread use in studying large-scale...

This paper examines the distributional and efficiency impacts of public debt consolidation financed through a carbon tax employing a dynamic general-equilibrium model with overlapping generations of the U.S. economy. The numerical model features government taxes and spending and a multi-sectoral...