This work compares the different decarbonization strategies of the power sector in China, the European Union and the United States, by considering the historical evolution of electricity generation and the current situation. Such a comparison is gaining a broader significance when evaluated with...

This paper analyzes the effect of environmental policies on the direction of energy innovation across countries over the period 1990-2012. Our novelty is to use threshold regression models to allow for discontinuities in policy effectiveness depending on a country's relative competencies in...

India has made great progress in reaching its ambitious goal to scale up renewable energy capacity to 175 GW in 2022. Solar power plays a central part in achieving this goal and installations of utility scale power have seen a dramatic increase in the last few years. Rooftop solar, however, is...

In a perfectly competitive market with a possibility of technological innovation we contrast guaranteed feed-in tariffs for electricity from renewables and tradable green certificates from a dynamic efficiency and social welfare point of view. Specifically, we model decisions about the...

The search for economically efficient policy instruments designed to promote the diffusion of renewable energy technologies in liberalized markets has led to the introduction of quota-based tradable 'green' certificate (TGC) schemes for renewable electricity. However, there is a debate about the...

Conventional wisdom in economic history suggests that conflict between countries can be enormously disruptive of economic activity, especially international trade. Yet nothing is known empirically about these effects in large samples. We study the effects of war on bilateral trade for almost all...

Long-run cross-country price data exhibit a puzzle. Today, richer countries exhibit higher price levels than poorer countries, a stylized fact usually attributed to the Balassa- Samuelson effect. But looking back fifty years, this effect virtually disappears from the data. What is often assumed...

China, das Reich der Mitte, ist mit schwerwiegenden Umweltproblemen konfrontiert die hohe Kosten verursachen. Mit der zunehmenden Anwendung der Umwelttechnik kann der Herausforderung diese Problemfelder zu beheben sinnvoll begegnet werden. Die Indikatoren Wirtschaftswachstum, notwendiger Schutz...

The climate targets defined under the Paris agreement of limiting global temperature increase below 1.5 or 2°C require massive deployment of low-carbon options in the energy mix, which is currently dominated by fossil fuels. Scenarios suggest that Carbon Capture and Storage (CCS) might play a...

Fuelwood collection is often cited as the most important cause of deforestation in developing countries. Use of fuelwood in cooking is a leading cause of indoor air pollution. Using household data from India, we show that households located farther away from the forest spend more time...