Showing 1 - 10 of 177
of energy in space. The local rate of clean energy adoption depends on learning-by-doing, the global electricity and … spatial implications of clean growth. We find that the world's power system is likely to be dominated by renewables by 2040 in …
Persistent link: https://www.econbiz.de/10014337847
an energy transition where utilities face tradeoffs between lowering costs and maintaining coal capacity. We find that …
Persistent link: https://www.econbiz.de/10014468287
The substantial fluctuations in oil prices in the wake of the COVID-19 pandemic and the Russian invasion of Ukraine have highlighted the importance of tail events in the global market for crude oil which call for careful risk assessment. In this paper we focus on forecasting tail risks in the...
Persistent link: https://www.econbiz.de/10014544801
Environmental externalities from cryptomining may be large, but have not been linked causally to mining incentives. We exploit daily variation in Bitcoin price as a natural experiment for an 86 megawatt coal-fired power plant with on-site cryptomining. We find that carbon emissions respond...
Persistent link: https://www.econbiz.de/10014372502
We study how individual inventors respond to incentives to work on "clean" electricity technologies. Using natural gas price variation, we estimate output and entry elasticities of inventors and measure the medium-term impacts of a price increase mirroring the social cost of carbon. We find that...
Persistent link: https://www.econbiz.de/10014421213
generation over that of coal would change emissions and operating costs. To do this, we develop a replacement algorithm based on …
Persistent link: https://www.econbiz.de/10014512089
The practice of standardizing the designation of time is a central device for coordinating activities and economic behaviors across individuals. However, there is nearly always conflict between an individual's goals of coordinating activities with others and engaging in those activities at their...
Persistent link: https://www.econbiz.de/10014247919
Access to electricity is a crucial determinant of quality of life and productivity. The United States has a highly reliable electricity grid but it faces new resilience challenges posed by more intense natural disasters and rising state level green power requirements. Using a U.S electric...
Persistent link: https://www.econbiz.de/10013435145
inevitability, or at least the optimal pace, of the transition. We discuss several under-appreciated costs of full, or even deep … the external benefits of decarbonization, we also explore several under-appreciated external costs. The credibility and … eventual success of decarbonization efforts is enhanced by foreseeing and ideally avoiding predictable but non-obvious costs of …
Persistent link: https://www.econbiz.de/10013435155
recurring costs of up to $483 billion per year. We forecast that real GDP and consumption will be 2-3 percent less in the long … run if policies are implemented as stated, underscoring the opportunity costs of achieving green objectives when resources …
Persistent link: https://www.econbiz.de/10014226153