We quantify the effects of the Swedish GCR, a program to reduce oil dependence and greenhouse gas emissions in the automobile industry. We find the GCR to increase the market shares of `green cars' and its cost to be $109/tonCO2 saved, thus 5 times the price of an emission permit. Since the main...

To correct market failures due to the presence of negative externalities associated with energy consumption, governments have adopted a variety of policies, including taxes, subsidies, regulations and standards, and information-based policies. For example, labels that clearly convey energy...

This article critically examines the impact of industrial production for sectors covered by the EU Emissions Trading Scheme (EU ETS) on emissions allowance spot prices during Phase I (2005-2007). We find evidence that the effect of industrial production activity on EU carbon price changes shall...

This paper assesses the achievement and the limitation of our path to the stabilization of anthropogenic carbon emissions with economic growth using a stochastic Kaya model. The elasticity of carbon dioxide emissions with respect to anthropogenic drivers such as population, affluence, energy...

The current shifts in the global energies market lead the expected change in the long term from traditional energies sources, like fossil fuels, to renewable energies sources, e.g. sun, wind, water, energetic wood etc. The major commitments are: sustainability, productivity, smart energy grids...

This paper investigates the causal relationship among electricity supply, fossil fuel consumption, CO2 emissions and economic growth in Nigeria for the period 1971-2009, in a multivariate framework.Using the bound test approach to cointegration, we found a short-run as well as a long-run...

Global emissions of greenhouse gases (GHG) have been accelerating in recent decades. Moreover, since the year 2000 global emissions have been growing far more rapidly than the worst scenarios projected by the Intergovernmental Panel on Climate Change (IPCC) (Rogner et al., 2007, Raupach, et al.,...

We use panel cointegration techniques to investigate the causal relationship between CO2 emissions, renewable and non-renewable energy consumption, and trade openness in three different models for a panel of twenty five OECD countries over the period 1980-2009. Also the validity of the...

Concerns with CO2 emissions are creating incentives for the development and deployment of energy technologies that do not use fossil fuels. Indeed, such technologies would provide tangible benefits in terms of avoided fossil-fuel costs, which are likely to increase as restrictions on CO2...

Electric vehicles are usually perceived by policy makers and the general public as an attractive means to reduce greenhouse gas emissions. In this paper we provide a rigorous assessment of the emissions resulting from the diffusion of electric vehicles. We make use of EMOB, a comprehensive model...