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Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from … correcting R&D market failures, can be useful complements to emissions pricing, but ambitious renewable targets or subsidies seem … unlikely to enhance welfare when placed alongside sufficient emissions pricing. The desirability of stringent EE policies is …
Persistent link: https://www.econbiz.de/10010380638
’s emissions peak is crucial to determine when global emissions would peak and because what China is going to do in what format has … many factors into consideration, the paper argues that China needs to take on absolute emissions caps around 2030. While … as to switch from rapid emissions growth to immediate emissions cuts, without passing through several intermediate phases …
Persistent link: https://www.econbiz.de/10008736680
2019. We then estimate committed emissions from existing and planned power plants - that is emissions that would result … from the normal operations of these plants during their typical lifetime - and compare them to emissions from power …). Natural gas power plants are the largest contributor to existing (62%) and planned (75%) emissions (versus 24% and 23% for …
Persistent link: https://www.econbiz.de/10014546316
In creating a level playing field that facilitates the deployment of renewable energy technology (RET), the traditional energy policy regime based on eliminating RET's cost gaps versus fossil energy technology (FET) may be not sufficient. Building on an economic model of energy technology...
Persistent link: https://www.econbiz.de/10011317841
Energy Price Reform in ChinaThe Chinese leadership has determined to assign the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to both producers and consumers of energy. While the...
Persistent link: https://www.econbiz.de/10011850316
emissions). Governments may have some preference for supporting domestic production, such as by interest-group lobbying …
Persistent link: https://www.econbiz.de/10011457653
world where carbon pricing is imperfect and the regulator seeks to limit emissions to a (cumulative) target. We use a global …, we show that small deviations from the second-best subsidy can lead to strong increases in emissions and consumption …
Persistent link: https://www.econbiz.de/10009231826
Policies aimed at reducing emissions from fossil fuels may increase climate damages. This "Green Paradox" emerges if …
Persistent link: https://www.econbiz.de/10009506347
Climate change economics mostly neglects sizeable interactions of carbon pricing with other fiscal policy instruments. Conversely, public finance typically overlooks the effects of future decarbonization efforts when devising instruments for the major goals of fiscal policy. We argue that such a...
Persistent link: https://www.econbiz.de/10010508515
This paper aims at characterizing the conditions of wind power deployment in order to infer a carbon price level that would provide wind power with comparable advantage over fossil fuel technologies as effective wind support policies. The analysis is conducted on Danish data from 2000 to 2010,...
Persistent link: https://www.econbiz.de/10010476202