This paper analyses different policies that may promote the transition towards a low-carbon economy. We present a dynamic simulation model where three different strategies are identified: improvements in energy efficiency, the development of the renewable energy sector, and carbon capture and...

Transformation of energy systems is influencing economic policy agendas all over the world, particularly so in industrialized countries. In this process, Germany has taken a pioneering role. Technical innovations, institutional frameworks, and business models established there are of interest...

With liberalization in 1998, numerous firms have entered the German retail electricity market, including newly formed cooperatives. Based on Transaction Cost Economics, we develop a theoretical framework seeking to explain preferences for electricity supplied by cooperatives from a consumer...

This paper suggests a theoretical model of inclusive green growth. Paper analyses development mechanism through which natural resource capital regenerates (or at least non-degrade) and contributes to economic growth. Climate change is a threat to save natural resources which is a crucial...

As at today, it is an indisputable fact that the climate is changing and there is a scientific consensus that the world is becoming a warmer place principally attributable to human activities. Regrettably, the physical impacts of future climate change on humans and the environment will include...

Every nation of the world confirms that human-related greenhouse gas emissions are the major driver of the present global climate change. About 20% populations of the world live in China and the emissions of greenhouse gases of it are very high due to the large population, inefficient capital...

Global climate change has a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the macroeconomics evaluation of climate change (MECC) model – to evaluate the...

In this paper a case study is presented to propose an alternative mechanism to include the impact of climate change into the hydropower projects’ feasibility valuation. We started from an independent engineer historical energy generation simulations; therefore, applying mixing unconditional...

Linking indegenious knowledge of the community with modern techniques to mesure, analyse and reduce disaster vulnerability is one way of engaging and moblising community capacity. This paper discuses he use of the local/ indegenious knowledge into disater management. It suggest a way to moblise...

To consider the implication of disaggregated consumption and discounting, we study discounting in a world composed of the rich and the poor, a standard setting in the literature of cost-benefit analysis with distributional considerations. We derive several discount rates for different...