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This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared to benefits, defined as reductions in net carbon emissions; technological...
Persistent link: https://www.econbiz.de/10005605334
change research based in accounting and accountability, and to introduce the papers that compose this AAAJ special issue … collection of independent and inter-disciplinary contributions to accounting for climate change. Through additional accounting … analysis, and a shadow carbon account, it also illustrates how organisations and nations account for and communicate their …
Persistent link: https://www.econbiz.de/10009350736
Motu and partners were contracted by the World Bank through its Partnership for Market Readiness (PMR) initiative to “Draft a proposal for the implementation in Chile of a Greenhouse Gas Emissions Trading System (ETS)”. The specific objective in the terms of reference is to “Propose a...
Persistent link: https://www.econbiz.de/10010607364
We introduce a computable general equilibrium model for Ireland to investigate the impact of climate policy on the Irish economy, taking special notice of interactions with the existing tax structure. To this end, we extend the model with a detailed representation of the tax system using...
Persistent link: https://www.econbiz.de/10010668862
Policies to cap emissions of carbon dioxide (CO2), such as the recently announced agreement among seven northeastern states, are expected to have important effects on the electricity industry and on the market value of firms that own electricity generation assets. The economics literature finds...
Persistent link: https://www.econbiz.de/10005442381
The Regional Greenhouse Gas Initiative (RGGI) is an effort by nine Northeast and Mid-Atlantic states to develop a regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector. The initiative is expected to lead to an increase in the...
Persistent link: https://www.econbiz.de/10005448661
Policies to cap emissions of carbon dioxide (CO2) in the U.S. economy could pose significant costs on the electricity sector, which contributes roughly 40 percent of total CO2 emissions in the U.S. Using a detailed simulation model of the electricity sector, we evaluate alternative ways that...
Persistent link: https://www.econbiz.de/10005448667
-effective pollution reduction. One of the important design questions in a trading program is how to initially distribute the emissions …
Persistent link: https://www.econbiz.de/10005399443
The United Nations Framework Convention on Climate Change is the subject to a particularly important Protocol: Kyoto Protocol from 1997 entered into force on 15 February 2005. It aims to limit emissions of six greenhouse gases. In short, the Kyoto Protocol commits industrialized countries to...
Persistent link: https://www.econbiz.de/10010897108
A question in the design of carbon dioxide trading systems is how allowances are to be initially allocated: by auction, by giving away fixed amounts, or by allocating based on output, fuel, or other decisions. The latter system can bias investment, operations, and pricing decisions, and increase...
Persistent link: https://www.econbiz.de/10005113754