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Optimal carbon tax with a dirty backstop: Oil, coal, or renewables?
van der Ploeg, Frederick; Withagen, Cees A. - 2011
Optimal climate policy is studied. Coal, the abundant resource, contributes more CO2 per unit of energy than the … exhaustible resource, oil. We characterize the optimal sequencing oil and coal and departures from the Herfindahl rule …. 'Preference reversal' can take place. If coal is very dirty compared to oil, there is no simultaneous use. Else, the optimal …
Persistent link: https://www.econbiz.de/10010277274
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CO2-Vermeidung und Brennstoffwahl in der Elektrizitätserzeugung: Ökonometrische Analysen
Tauchmann, Harald - 2004
Angesichts einer drohenden Veränderung des Weltklimas wurde die Notwendigkeit erkannt, den Ausstoß klimarelevanter Spurengase, insbesondere CO2, zu reduzieren. Ein Weg dazu könnte in der Substitution von Energieträgern bestehen, wobei sich der Elektrizitätserzeugungssektor als größter...
Persistent link: https://www.econbiz.de/10011598601
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Too little oil, too much coal: Optimal carbon tax and when to phase in oil, coal and renewables
van der Ploeg, Frederick; Withagen, Cees A. - 2011
Our main message is that it is optimal to use less coal and more oil once one takes account of coal being a backstop …-only phase, a less-steeply rising carbon tax during the intermediate phase where oil and coal are used alongside each other and … the following coal-only phase, and a flat carbon tax during the final renewables-only phase. The laissez-faire outcome …
Persistent link: https://www.econbiz.de/10010277400
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Energy-capital-labor substitution and the economic effects of CO 2 abatement: Evidence for Germany
Kemfert, Claudia; Welsch, Heinz - 1998
Although the economic effects of CO2 abatement depend substantially on the degree to which capital and labor can substitute for energy, the issue of energy-capital-labor substitution is surrounded by considerable uncertainty. In this paper we use econometrically estimated, sectorally...
Persistent link: https://www.econbiz.de/10011608444
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Carbon tax scenarios and their effects on the Irish energy sector
Di Cosmo, Valeria; Hyland, Marie - 2011
Irish fuel mix is predicted to grow over time, as the share of carbon intensive fuels such as coal, oil and peat, falls. The …
Persistent link: https://www.econbiz.de/10010392487
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A stationary equilibrium model of green technology adoption with endogenous carbon price
Dammann, Felix; Ferrari, Giorgio - 2024
This paper proposes and analyzes a stationary equilibrium model for a competitive industry which endogenously determines the carbon price necessary to achieve a given emission target. In the model, firms are identified by their level of technology and make production, entry, and abatement...
Persistent link: https://www.econbiz.de/10014494914
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Substitution possibilities for energy in the Italian economy: A general to specific econometric analysis
Morana, Claudio - 1997
The paper considers a neo-classical model set in the cost function approach to estimate primary energy factor demands for the Italian economy, using a translog cost function specification. Cointegration theory is employed to estimate the long-run factor share model, and the general to specific...
Persistent link: https://www.econbiz.de/10011608366
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Modelling evolutionary long-run relationships: An application to the Italian energy market
Morana, Claudio - 1998
The paper considers a SUTSE model embedded in a dynamic framework to estimate an energy cost share model for the Italian economy in an evolutionary environment. This is achieved by allowing stochastic seasonal and trend components in the long-run specification and constructing an error...
Persistent link: https://www.econbiz.de/10011608370
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Auf dem Weg zu einer "COAL-PEC"?
Haftendorn, Clemens; von Hirschhausen, Christian; Holz, … - In: DIW Wochenbericht 75 (2008) 40, pp. 603-608
Die Bedeutung von Kohle wird heute oft unterschätzt, da sie lange als eine Ressource der Vergangenheit galt. Dabei ist … Kohle nach wie vor Grundpfeiler der Stromerzeugung in den meisten Ländern: Ein Viertel des weltweiten … Primärenergieverbrauchs wird durch Kohle gedeckt. Während die größten Kohleproduzenten China, USA und Indien auch gleichzeitig die größten …
Persistent link: https://www.econbiz.de/10011601891
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Indien: Entwicklung auf Kosten des Klimas
Haftendorn, Clemens; Freund, Karen; von Hirschhausen, … - In: DIW Wochenbericht 75 (2008) 51/52, pp. 818-824
wird zum überwiegenden Teil mit Stromerzeugung aus Kohle betrieben. Trotz Reformstau im Strom- und Kohlesektor geht derzeit …
Persistent link: https://www.econbiz.de/10011601934