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The goal of this work is to improve the spatial representation of the Regional Dynamic Integrated model of Climate and the Economy (RICE), in its '99 version, focusing on the Mediterranean countries, while also updating the calibration to the base year 2015. We evaluate the impact of climate...
Persistent link: https://www.econbiz.de/10014583649
associated with the carbon market and the implications for the international trade of oil. Criticalities in investment …
Persistent link: https://www.econbiz.de/10008702313
This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and...
Persistent link: https://www.econbiz.de/10008728830
the global stabilisation target to be achieved crucially affects short-term investment and policy decisions. What will …
Persistent link: https://www.econbiz.de/10008780584
Persistent link: https://www.econbiz.de/10003544567
Recent literature on biofuels has questioned whether biofuels policies are likely to reduce the negative effects of climate change. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard in a dynamic model taking into account...
Persistent link: https://www.econbiz.de/10010336584
Improving end-use energy efficiency-that is, the energy-efficiency of individuals, households, and firms as they consume energy-is often cited as an important element in efforts to reduce greenhouse-gas (GHG) emissions. Arguments for improving energy efficiency usually rely on the idea that...
Persistent link: https://www.econbiz.de/10010505125
Persistent link: https://www.econbiz.de/10003258698
Given disparate beliefs about economic growth, technical change and damage caused by climate change, this paper starts with the seeming impossibility of determining a unique time profile of the social costs of carbon as a benchmark for climate negotiations and for infrastructure decisions that...
Persistent link: https://www.econbiz.de/10009539304
-term abatement investment, even if the optimal carbon price starts low and grows progressively over time. Moreover, optimal marginal … abatement investment costs differ across sectors of the economy. It may be preferable to spend $25 to avoid the marginal ton of … reason, distinct from learning spillovers, is that reducing greenhouse gas emissions requires investment in long …
Persistent link: https://www.econbiz.de/10011882054