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On the economics of renewable energy sources

Edenhofer, Ottmar; Hirth, Lion; Knopf, Brigitte; Pahle, … - In: Energy Economics 40 (2013) S1, pp. 12-12

With the global expansion of renewable energy (RE) technologies, the provision of optimal RE policy packages becomes an important task. We review pivotal aspects regarding the economics of renewables that are relevant to the design of an optimal RE policy, many of which are to date unresolved....

Persistent link: https://www.econbiz.de/10011039522

Self-Enforcing Intergenerational Social Contract as a Source of Pareto Improvement and Pollution Mitigation

Dao, Thang; Burghaus, Kerstin; Edenhofer, Ottmar - 2016

mitigation. We consider, in a general equilibrium overlapping generations (OLG) model with environmental externalities, a … income in pollution mitigation in exchange for a transfer to their old-age capital income paid by the next generation. We … minimum level of income and we characterize the set of Pareto-improving mitigation-transfer combinations. Nash bargaining …

Persistent link: https://www.econbiz.de/10011480479

Self-enforcing intergenerational social contract as a source of Pareto improvement and pollution mitigation

Nguyen Thang Dao; Burghaus, Kerstin; Edenhofer, Ottmar - 2016

Persistent link: https://www.econbiz.de/10011474731

The social cost of carbon and inequality : when local redistribution shapes global carbon prices

Kornek, Ulrike; Klenert, David; Edenhofer, Ottmar; … - 2019

The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...

Persistent link: https://www.econbiz.de/10012002880

The social cost of carbon and inequality: when local redistribution shapes global carbon prices

Kornek, Ulrike; Klenert, David; Edenhofer, Ottmar; … - 2019

Persistent link: https://www.econbiz.de/10012018319

Knowing the damages is not enough : the general equilibrium impacts of climate change

Kalkuhl, Matthias; Edenhofer, Ottmar - 2016

We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate change induces a structural change to the more productive sector, economies can benefit from climate change though productivities in both sectors are reduced. If climate change...

Persistent link: https://www.econbiz.de/10011454039