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Price versus quantities versus indexed quantities

Branger, Frédéric; Quirion, Philippe - 2014

total social costs. Three types of uncertainties are taken into account: uncertainty about abatement costs, business … marginal benefits and marginal costs, and the above-mentioned correlation, are crucial to determine which instrument is … caps. An intermediate condition is found to compare the tax instrument and the relative cap. The model is then empirically …

Persistent link: https://www.econbiz.de/10010419904

Carbon price and wind power support in Denmark

Gavard, Claire - 2015

This paper aims at characterizing the conditions of wind power deployment in order to infer a carbon price level that …. Electricity price impact is not visible. The investment cost impact is not significant either, but the effect of the interest rate …/MWh of support in addition to electricity price is needed to observe the connection of new turbines to the grid with a 0 …

Persistent link: https://www.econbiz.de/10010476202

Quantifying non-cooperative climate engineering

Emmerling, Johannes; Tavoni, Massimo - 2017

The mismatch between actions to combat climate change, which are based on voluntary national initiatives of limited effort, and the recognition of the importance of global warming is growing. Climate engineering via solar radiation management has been proposed as a possible complement to...

Persistent link: https://www.econbiz.de/10011771508

Fossil fuel extraction and climate policy : a review of the green paradox with endogenous resource exploration

Österle, Ines - 2012

Policies aimed at reducing emissions from fossil fuels may increase climate damages. This "Green Paradox" emerges if resource owners increase near-term extraction in fear of stricter future policy measures. Hans-Werner Sinn (2008) showed that the paradox occurs when increasing resource taxes are...

Persistent link: https://www.econbiz.de/10009506347

Spatial climate-economic models in the design of optimal climate policies across locations

Brock, William A.; Engström, Gustav; Xepapadeas, Anastasios - 2012

We couple a one-dimensional energy balance climate model with heat transportation across latitudes, with an economic growth model. We derive temperature and damage distributions across locations and optimal taxes on fossil fuels which, in contrast to zero-dimensional Integrated Assessment...

Persistent link: https://www.econbiz.de/10009632873

Renewable energy subsidies : second-best policy or fatal aberration for mitigation?

Kalkuhl, Matthias; Edenhofer, Ottmar; Lessmann, Kai - 2011

This paper evaluates the consequences of renewable energy policies on welfare, resource rents and energy costs in a world where carbon pricing is imperfect and the regulator seeks to limit emissions to a (cumulative) target. We use a global general equilibrium model with an intertemporal fossil...

Persistent link: https://www.econbiz.de/10009231826

The clean energy R&D strategy for 2°C

Marangoni, Giacomo; Tavoni, Massimo - 2013

This paper uses an integrated assessment model to quantify the climate R&D investment strategy for a variety of scenarios fully consistent with 2°C. We estimate the total climate R&D investment needs in approximately 1 USD Trillion cumulatively in the period 2010-2030, and 1.6 USD Trillions in...

Persistent link: https://www.econbiz.de/10010203419

Unilateral climate policy and foreign direct investment with firm and country heterogeneity

Sanna Randaccio, Francesca; Sestini, Roberta; Tarola, … - 2014

. Our results suggest that, if the carbon price differential is moderate as compared to unit transport costs and the …

Persistent link: https://www.econbiz.de/10010357958

Comparison between China, the EU and the US's climate and energy governance : how policies are made and implemented at different levels

Lu, Xinqing; Zhu, Erpu; Campbell, Loyle; Hafner, Manfred; … - 2021

This paper compares the different multi-level climate and energy governance in China, the European Union and the United States. While many comparisons across these three economies exist, they concentrate on comparing the climate and energy "policy instruments" and their results. This paper puts...

Persistent link: https://www.econbiz.de/10012814520

Warming the MATRIX : a climate assessment under uncertainty and heterogeneity

Bazzana, Davide; Rizzati, Massimiliano; Ciola, Emanuele; … - 2023

uncertainty and heterogeneity in both climate and economic systems. Using the MATRIX model, a multi-sector and multi …

Persistent link: https://www.econbiz.de/10014282775

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