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This paper provides a formal survey of price and quantity instruments for mitigating global warming. We explicitly consider policies' impact on the incentives of resource owners who maximize their profits intertemporally. We focus on the informational and commitment requirements of the...
Persistent link: https://www.econbiz.de/10010270640
This thesis was written by Christian Beermann while he was a research assistant at the Center for Economic Studies (CES) at the University of Munich. It was completed in December 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in May 2015. The...
Persistent link: https://www.econbiz.de/10011698352
It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is...
Persistent link: https://www.econbiz.de/10010283580
climate costs. In this paper we make two contributions to the literature. First, we study the market effects of a renewable …. Hence, even if emissions from biofuels are substantial, climate costs may be reduced. Finally, if only a subset of countries … introduce a renewable fuel standard, there will be carbon leakage to the rest of the world. However, climate costs may decline …
Persistent link: https://www.econbiz.de/10010291541
The increase of fuel extraction costs as well as of temperature will make it likely that in the medium-term future …
Persistent link: https://www.econbiz.de/10010275013
This dissertation was written by Johannes Pfeiffer while he was working with the ifo Institute for Economic Research. It was completed in November 2016 and accepted as a doctoral thesis by the department of economics of the University Regensburg in December 2016. The thesis studies unintended...
Persistent link: https://www.econbiz.de/10011777555
More than 40% of US grain is now used to produce biofuels, which are used as substitutes for gasoline in transportation. Biofuels have been blamed universally for recent increases in world food prices. Many studies have shown that these energy mandates in the US and EU may have a large (30-60%)...
Persistent link: https://www.econbiz.de/10010283610
Persistent link: https://www.econbiz.de/10011696788
Persistent link: https://www.econbiz.de/10010290225
There is an increasing tension between the Iranian Government and the west on an increasingly likely European oil embargo and the Iranian threat to close the Strait of Hormuz. The main question is: What will happen to the international oil prices in the case of shocks in the flow of Iranian oil...
Persistent link: https://www.econbiz.de/10010294407