Showing 1 - 10 of 16
We provide a spatial theory of clean growth to assess the global impact of the rise of renewable energy. We model the details of the combined production and transmission network of electricity ("the grid") that determine the supply and losses of energy in space. The local rate of clean energy...
Persistent link: https://www.econbiz.de/10014337847
The world has pledged to protect 30 percent of its land and waters by 2030 to halt the rapid deterioration of critical ecosystems. We summarize the state of knowledge about the impacts of protected area policies, with a focus on deforestation and vegetation cover. We discuss critical issues...
Persistent link: https://www.econbiz.de/10014437004
Global warming is a worldwide and protracted phenomenon with heterogeneous local economic effects. In order to evaluate the aggregate and local economic consequences of higher temperatures, we propose a dynamic economic assessment model of the world economy with high spatial resolution. Our...
Persistent link: https://www.econbiz.de/10012482682
century. First, air and water pollution have declined substantially, although greenhouse gas emissions have not. Second …, environmental policy explains a large share of these trends. Third, much of the regulation of air and drinking water pollution has … benefits that exceed costs, although the evidence for surface water pollution regulation is less clear. Fourth, while the …
Persistent link: https://www.econbiz.de/10012696387
Will a carbon tax improve the welfare consequences of policies to promote electric vehicles? This paper examines when a complementarity could exist between carbon pricing and high electric vehicle adoption. We analyze electricity generation in recent years to show that in several regions, carbon...
Persistent link: https://www.econbiz.de/10012496174
We analyze the quantitative labor market and aggregate effects of a carbon tax in a framework with pollution externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of adjustment influenced by carbon taxes: (1) firm creation and (2)...
Persistent link: https://www.econbiz.de/10012533344
We explore the effects of physical and regulatory risks related to biodiversity loss on economic activity and asset values. We first develop a news-based measure of aggregate biodiversity risk and analyze how it varies over time. We also construct and publicly release several firm-level measures...
Persistent link: https://www.econbiz.de/10014250155
We study how the implementation of emissions trading systems (ETS) impacts emissions reductions and the usage of renewable energy using a panel sample of the largest 100 countries worldwide. Exploiting the cross-country variations in ETS implementations, we show that ETS adoption materially...
Persistent link: https://www.econbiz.de/10013435149
Decarbonization and electrification will require a transformed electricity grid. Our long-run model of entry and exit of generation and storage capacity captures crucial aspects of the electricity industry such as time-varying demand for electricity, intermittency of renewables, and...
Persistent link: https://www.econbiz.de/10013210110
-in-differences empirical design and find strong evidence that the ECI mitigates the spillover effect of water pollution at the province … boundary and brings about sharp reductions in water pollutant emissions from upstream firms, especially those in heavily …
Persistent link: https://www.econbiz.de/10013334450