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The Montreal Protocol is considered the most successful international environmental treaty. Its effectiveness has made it a model for other agreements, but its power goes beyond protecting the stratospheric ozone layer. Much of the implementing legislation appears in Title VI of the Clean Air...
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I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...
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This paper provides an empirical analysis of the determinants of energy efficiency in fossil fuel electricity generation across 28 OECD countries over the period 1981-2006, with particular attention to the role played by technological development and the availability of energy efficient...
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