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Metcalf, Gilbert E. - 2013

Energy security is the ability of households, businesses, and government to accommodate disruptions in supply in energy markets. This survey considers the economic dimensions of energy security, political and other non-economic security concerns and discusses policy approaches that could enhance...

Persistent link: https://www.econbiz.de/10012458934

The Global Energy Outlook

Newell, Richard G. - 2013

We explore the principal trends that are shaping the future landscape of energy supply, demand, and trade. We take a long-term view, assessing trends on the time scale of a generation by looking 25 years into the past, taking stock of the current situation, and projecting 25 years into the...

Persistent link: https://www.econbiz.de/10012459695

Federal Tax Policy Towards Energy

Metcalf, Gilbert E. - 2006

On Aug. 8, 2005, President Bush signed the Energy Policy Act of 2005 (PL 109-58). This was the first major piece of energy legislation enacted since 1992 following five years of Congressional efforts to pass energy legislation. Among other things, the law contains tax incentives worth over $14...

Persistent link: https://www.econbiz.de/10012466094

Estimating Path Dependence in Energy Transitions

Meng, Kyle C. - 2016

Addressing climate change requires transitioning away from coal-based energy. Recent structural change models demonstrate that temporary interventions could induce permanent fuel switching when transitional dynamics exhibit strong path dependence. Exploiting changes in local coal supply driven...

Persistent link: https://www.econbiz.de/10012456143

The Supply-Shock Explanation of the Great Stagflation Revisited

Blinder, Alan S. - 2008

well-known "supply-shock" explanation attributes both spikes to large food and energy shocks plus, in the case of 1973 … policy and (b) pointed to the far smaller impacts of more recent oil shocks as evidence against the supply-shock explanation …, and new econometric studies that have accumulated over the past quarter century. We find that the classic supply-shock …

Persistent link: https://www.econbiz.de/10012464085

Energy and Environmental Markets, Industrial Organization, and Regulation

Kellogg, Ryan; Reguant, Mar - National Bureau of Economic Research - 2021

This paper discusses contributions that industrial organization economists have made to our understanding of energy markets and environmental regulation. We emphasize the substantive contributions of recent papers while also highlighting how this literature has adopted and sometimes augmented...

Persistent link: https://www.econbiz.de/10012629455

Energy Prices, Inflation, and Recession, 1974-1975

Mork, Knut Anton - 1979

The energy price shock depressed real output by two percent in 1974 and by five percent in 1975, according to our … energy shock …

Persistent link: https://www.econbiz.de/10012478779

Setting with the Sun : The Impacts of Renewable Energy on Wholesale Power Markets

Bushnell, James - 2018

Policies supporting investment in renewable electricity have been a cornerstone of climate policy in many parts of the world. While previous empirical work explores the economic and environmental impacts of renewable production, the focus has exclusively been on the short-run impacts of...

Persistent link: https://www.econbiz.de/10012480633

An Experimental Comparison of Carbon Pricing Under Uncertainty in Electricity Markets

Davis, Trevor L. - 2020

We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap-and-trade policies. Under conditions of uncertainty, price-based and quantity-based policy instruments cannot be truly equivalent, so we compared three matched carbon-tax/cap-and-trade...

Persistent link: https://www.econbiz.de/10012481842

Energy Markets and Global Economic Conditions

Baumeister, Christiane - 2020

This paper evaluates alternative indicators of global economic activity and other market fundamentals in terms of their usefulness for forecasting real oil prices and global petroleum consumption. We find that world industrial production is one of the most useful indicators that has been...

Persistent link: https://www.econbiz.de/10012481958

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