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Safe vs. Fair: A Formidable Trade-off in Tackling Climate Change

Tavoni, Massimo; Chakravarty, Shoibal; Socolow, Robert - Fondazione ENI Enrico Mattei (FEEM) - 2011

Global warming requires a response characterized by forward-looking management of atmospheric carbon and respect for ethical principles. Both safety and fairness must be pursued, and there are severe trade-offs as these are intertwined by the limited headroom for additional atmospheric CO2...

Persistent link: https://www.econbiz.de/10009320991

Safe vs. Fair: A Formidable Trade-off in Tackling Climate Change

Tavoni, Massimo; Chakravarty, Shoibal; Socolow, Robert - In: Sustainability 4 (2012) 2, pp. 210-226

Persistent link: https://www.econbiz.de/10009646381

Trade of Woody Biomass for Electricity Generation under Climate Mitigation Policy

Favero, Alice; Massetti, Emanuele - Fondazione ENI Enrico Mattei (FEEM) - 2013

Bio-energy has the potential to be a key mitigation option if combined with carbon capture and sequestration (BECCS) because it generates electricity and absorbs emissions at the same time. However, biomass is not distributed evenly across the globe, and regions with a potentially high demand...

Persistent link: https://www.econbiz.de/10010833907

Bioenergy and CO2 Sequestration: Climate Policies Beyond Technological Constraints

Bibas, Ruben; Méjean, Aurélie - Fondazione ENI Enrico Mattei (FEEM) - 2012

This paper examines the role of electricity production from biomass with and without carbon capture and storage in sustaining low CO2 emission pathways to 2100. It quantifies the effect of the availability of biomass resources and technologies within a general equilibrium framework. Biomass-fed...

Persistent link: https://www.econbiz.de/10010603771

Trade of woody biomass for electricity generation under climate mitigation policy

Favero, Alice; Massetti, Emanuele - In: Resource and Energy Economics 36 (2014) 1, pp. 166-190

Bio-energy with carbon capture and sequestration (BECCS) has the potential to be a key mitigation option, because it can generate electricity and absorb emissions at the same time. However, biomass is not distributed evenly across the globe and regions with a potentially high demand might be...

Persistent link: https://www.econbiz.de/10010737819

Potential and limitations of bioenergy options for low carbon transitions

Bibas, Ruben; Méjean, Aurélie - HAL - 2012

Sustaining low CO2 emission pathways to 2100 may rely on electricity production from biomass. We analyze the effect of the availability of biomass resources and technologies with and without carbon capture and storage within a general equilibrium framework. Biomass technologies are introduced...

Persistent link: https://www.econbiz.de/10010739082

A Path Forward for Low Carbon Power from Biomass

Cuellar, Amanda D.; Herzog, Howard - In: Energies 8 (2015) 3, pp. 1701-1715

The two major pathways for energy utilization from biomass are conversion to a liquid fuel (i.e., biofuels) or conversion to electricity (i.e., biopower). In the United States (US), biomass policy has focused on biofuels. However, this paper will investigate three options for biopower: low...

Persistent link: https://www.econbiz.de/10011186335

“Investments and public finance in a green, low carbon, economy”

Carraro, Carlo; Favero, Alice; Massetti, Emanuele - In: Energy Economics 34 (2012) S1, pp. 15-15

The paper evaluates the impacts on investments and public finance of a transition to a green, low carbon, economy induced by carbon taxation. Four global tax scenarios are examined using the integrated assessment model WITCH. Taxes are levied on all greenhouse gases (GHGs) and lead to global GHG...

Persistent link: https://www.econbiz.de/10011039577

Epstein–Zin Utility in DICE: Is Risk Aversion Irrelevant to Climate Policy?

Ackerman, Frank; Stanton, Elizabeth; Bueno, Ramón - In: Environmental & Resource Economics 56 (2013) 1, pp. 73-84

considerable analytic complexity. We introduce an accessible implementation of Epstein–Zin utility into the DICE model of climate … economics, creating a hybrid “EZ-DICE” model. Using Epstein–Zin parameters from the finance literature and climate uncertainty … parameters from the science literature, we find that the optimal climate policy in EZ-DICE calls for rapid abatement of carbon …

Persistent link: https://www.econbiz.de/10010987468

Global Warming and a Potential Tipping Point in the Atlantic Thermohaline Circulation: The Role of Risk Aversion

Belaia, Mariia; Funke, Michael; Glanemann, Nicole - CESifo - 2014

stronger near-term abatement. This paper re-examines this result with a DICE model that is fully coupled with a thermohaline …

Persistent link: https://www.econbiz.de/10010886106