Showing 1 - 10 of 2,005
Empirical studies of the economic effects of climate change (CC) largely rely on climate anomalies for causal identification purposes. Slow and permanent changes in climate-driven geographical conditions, i.e. CC as defined by the IPCC (2013), have been studied relatively less, especially in...
Persistent link: https://www.econbiz.de/10014377299
Globally, food systems have become heavily industrialized and are currently threatening both environmental sustainability and human health. Feeding a growing world while remaining within safe social-ecological planetary boundaries, as dictated by the UN Social Development Goals and the Paris...
Persistent link: https://www.econbiz.de/10012297171
Fisher [2000, this journal] offers a unifying framework for two concepts of (quasi-) option value suggested by Arrow, Fisher, Hanemann, and Henry (AFHH) on the one hand, and by Dixit and Pindyck (DP) on the other, and claims these two concepts to be equivalent. We show that this claim is not...
Persistent link: https://www.econbiz.de/10010296316
response to this tax depends on (i) the attitudes towards risk and (ii) how other policy instruments affect the demand for the …
Persistent link: https://www.econbiz.de/10010321768
This paper distinguishes relative risk aversion and resistance to intertemporal substitution in climate risk modelling …. It shows that higher risk aversion increases the optimal carbon tax. Higher resistance to intertemporal substitution … alone has the same effect as increasing the discount rate, provided that the risk is not too large. We discuss implications …
Persistent link: https://www.econbiz.de/10011608555
According to the official document of Romania's energy policy for the period 2020-2030, with a view to 2050, the main objective of the strategy is to increase the energy sector in conditions of sustainability by setting targets for reducing greenhouse gas emissions and promoting renewable...
Persistent link: https://www.econbiz.de/10013346285
We analyse the drivers of European Power Exchange (EPEX) wholesale electricity prices between 2012 and early 2022 using machine learning. The agnostic random forest approach that we use is able to reduce in-sample root mean square errors (RMSEs) by around 50% when compared to a standard linear...
Persistent link: https://www.econbiz.de/10013353419
Governments, worldwide, are committed to achieving sustainable development goals (SDGs). In a context where urban agglomerates consume roughly 80% of the global energy, of which buildings account for 40%, energy-efficient buildings can make a significant contribution to meeting SDGs 11 and 13....
Persistent link: https://www.econbiz.de/10013367050
We contribute to the literature on how program design affects program performance among vulnerable groups by studying the effects of varying the subsidy level and program procedures in an energy efficiency assistance program targeting low-income households in Germany. Eligible households...
Persistent link: https://www.econbiz.de/10013427774
A world of risks and uncertainties can also be a world of opportunities. How and how quickly the EU adapts to the socio-political, economic, energy and climate transitions at hand, and how it responds to geopolitical shifts and shocks, will determine whether it can sustain its role and standing...
Persistent link: https://www.econbiz.de/10013468426