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...

This article reviews the role played by carbon and capture (CCS) technologies in order to facilitate the transition to low-carbon emitting technologies in the medium-term. More precisely, we address the following central questions: how will the development of CCS technologies impact energy...

Offshore natural-gas discoveries have released Israel from complete reliance on imported primary fuels and are allowing for a cleaner energy mix. Furthermore, additional production will soon come on stream, and there is a reasonable chance of new commercially viable gas finds, and possibly of...

Economic evaluation of green or renewable power should compare the cost of renewable power with the cost savings from displaced fossil generation plus the avoided harm from reduced emissions of air pollution and greenhouse gases. We use existing estimates of the values of the harm and we...

The Australian Government has produced a CO2-equivalent tax proposal with a difference, it is a short prelude to an emission trading scheme that will allow the increasing rate of emissions to continue, while being a net cost to the Treasury. That cost extends to allowing major emitters to make...

An overview is presented on the last decade of geothermal heating by ground source heat pumps (GSHPs) in Europe. Significant growth rates can be observed and today's total number of GSHP systems is above 1 million, with an estimate of about 1.25 million mainly used for residential space heating...

Economic evaluation of green or renewable power should compare the cost of renewable power with the cost savings from displaced fossil generation plus the avoided harm from reduced emissions of air pollution and greenhouse gases. We use existing estimates of the values of the harm and we...

This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the last decade for 35 advanced and emerging countries. We use a new multi-country historical dataset...

This paper outlines major energy policy challenges that Cyprus is faced with. Main issues are securing the island’s energy supply and limiting growth in greenhouse gas emissions. Results from econometric analyses show that energy use is income elastic and price inelastic, which indicates that...

This paper will summarise the European Strategy for Energy and Climate Change. In current international negotiations Europe has proposed a 20% reduction in GHG (greenhouse gases) in the developed countries by 2020 or 30% should there be an international agreement in the domain. However it is...