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Pass-through of CO2 emission costs to hourly electricity prices in Germany
Hintermann, Beat - 2014
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...
Persistent link: https://www.econbiz.de/10010412091
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Taxes, Permits, and Climate Change
Kaplow, Louis - 2010
This essay revisits the question of instrument choice for the regulation of externalities in the context of climate …
Persistent link: https://www.econbiz.de/10013139396
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Carbon Accounting by Public and Private Financial Institutions : Can We Be Sure Climate Finance Is Leading to Emissions Reductions?
Spittle, Emily; Dietrich Brauch, Martin - 2021
harmonized. This report addresses key developments that both multilateral development banks (MDBs)—major actors in public climate …
Persistent link: https://www.econbiz.de/10013213971
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When starting with the most expensive option makes sense : optimal timing, cost and sectoral allocation of abatement investment
Vogt-Schilb, Adrien; Meunier, Guy; Hallegatte, Stéphane - 2018
This paper finds that it is optimal to start a long-term emission-reduction strategy with significant short-term abatement investment, even if the optimal carbon price starts low and grows progressively over time. Moreover, optimal marginal abatement investment costs differ across sectors of the...
Persistent link: https://www.econbiz.de/10011882054
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Climate policies and nationally determined contributions : reconciling the needed ambition with the political economy
Vogt-Schilb, Adrien; Hallegatte, Stéphane - 2017
literature on how policymakers can design climate policies and their Nationally Determined Contributions (NDCs) to reach zero … contributes meaningfully to the long-term decarbonization goal. To get the political economy right, climate policies can be … designed so that they contribute to non-climate objectives and create coalitions of supporters. For instance, revenues from …
Persistent link: https://www.econbiz.de/10011660858
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Distributional Impacts of Carbon Pricing Policies in the Electricity Sector
Burtraw, Dallas; Walls, Margaret; Blonz, Joshua A. - 2014
The introduction of a price on carbon dioxide will have important effects on the U.S. economy, and especially important effects on the electricity sector, which currently accounts for about 40 percent of carbon dioxide emissions. This paper examines alternative approaches to the distribution of...
Persistent link: https://www.econbiz.de/10014197990
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Impacts of Alternative Emissions Allowance Allocation Methods Under a Federal Cap-and-Trade Program
Goulder, Lawrence H.; Hafstead, Marc A. C.; Dworsky, Michael - 2009
There has been intense focus on the issue of how emissions allowances might be allocated under a potential federal cap-and-trade program. What fraction of the allowances should be auctioned out, as opposed to given out free? How much free allocation would be sufficient to preserve profits in...
Persistent link: https://www.econbiz.de/10014204785
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Cash transfers in the context of carbon pricing reforms in Latin America and the Caribbean
Missbach, Leonard; Steckel, Jan Christoph; Vogt-Schilb, … - 2022
One reason carbon prices are difficult to implement is that they might imply high additional costs on poor and vulnerable households. In response, studies often highlight that recycling revenues through cash transfers can render carbon pricing reforms progressive. This neglects that existing...
Persistent link: https://www.econbiz.de/10014474692
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Greenhouse Gases Emissions : Estimating Corporate Non-Reported Emissions Using Interpretable Machine Learning
Assael, Jérémi; Heurtebize, Thibaut; Carlier, Laurent; … - 2023
As of 2022, greenhouse gases (GHG) emissions reporting and auditing are not yet compulsory for all companies, and methodologies of measurement and estimation are not unified. We propose a machine learning-based model to estimate scope 1 and scope 2 GHG emissions of companies not reporting them...
Persistent link: https://www.econbiz.de/10014258630
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The Design and Implementation of an International Trading Scheme for Greenhouse Gas Emissions
Zhang, ZhongXiang - 2015
The inclusion of emissions trading in the Kyoto Protocol reflects an important decision to address climate change …
Persistent link: https://www.econbiz.de/10014210197