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Methane abatement and geoengineering have a short-lived effect on temperature compared with carbon abatement. Different optimal tax paths for these actions arise in a cost-benefit framework with an unknown temperature threshold where severe and irreversible climate impacts, called a tipping...
Persistent link: https://www.econbiz.de/10012863680
This paper describes an integrated assessment model with an unknown temperature threshold where severe and irreversible climate impacts, called a tipping point, occurs. The possibility of tipping leads to the following linked outcomes: a prolonged period of peak temperature; a rebound in...
Persistent link: https://www.econbiz.de/10012863711
is not evident whether CCS is an efficient mitigation option, it is compared to a variety of renewable energy sources …. Thus, it is cheaper to avoid one ton of CO2 by means of wind energy, but costs arising from the use of solar energy are …
Persistent link: https://www.econbiz.de/10011280356
Decisions of electricity suppliers on investments in low-carbon energy technologies like photovoltaic (PV) and carbon … profitability of investments in PV (and other renewable energy technologies), additional costs caused by the fluctuation in PV power …
Persistent link: https://www.econbiz.de/10013098975
In this paper, we use an integrated assessment model to examine the implications of not recognizing, and partially recognizing forest carbon in climate policy. Specifically, we investigate the impact of an asymmetric carbon policy that recognizes emissions from fossil fuels while ignoring...
Persistent link: https://www.econbiz.de/10012993708
sector responsible for CCS. We show that two types of solutions exist: a renewable energy regime where current CCS technology … is only temporarily used but never further developed; and a fossil energy regime where CCS is part of a long term … solution and is further developed at about the same rate as fossil energy technology. Our computations show that for current …
Persistent link: https://www.econbiz.de/10014103423
Carbon dioxide removal from the atmosphere is becoming an important option to achieve net zero climate targets. This paper develops a welfare and public economics perspective on optimal policies for carbon removal and storage in non-permanent sinks like forests, soil, oceans, wood products or...
Persistent link: https://www.econbiz.de/10013473710
climate and energy targets in 9 chosen European countries and on transition into low-carbon economies. The paper discusses … emissions of at least 9 million tonnes CO2 equivalent per year, increase in the capacity of renewable energy sources and … improvement in the primary energy consumption. The analysis of operational programs allowed also for a rough estimate of the …
Persistent link: https://www.econbiz.de/10011450813
. Among our findings, we show that, in the absence of renewable energy sources and break-through technologies, meeting the …
Persistent link: https://www.econbiz.de/10014342101
comparisons across regions. Thanks to the theoretical structure of the model, which considers energy as an explicit input factor …, we examine macroeconomic and energy indicators across regions. We find that a general slow down in economic growth is … framework showing the costs of delaying the energy transition. Our figures relies on fossil-fuel inputs and exogenous energy …
Persistent link: https://www.econbiz.de/10014583649