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China is believed to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental, and investment-related issues will likely restrain its exploitation. China's capacity to face these hurdles successfully and produce commercial shale gas will have...
Persistent link: https://www.econbiz.de/10014126581
We provide a spatial theory of clean growth to assess the global impact of the rise of renewable energy. We model the details of the combined production and transmission network of electricity ("the grid") that determine the supply and losses of energy in space. The local rate of clean energy...
Persistent link: https://www.econbiz.de/10014337847
Industrialized countries and emerging economies must cooperate in order to decarbonize the emissions-intensive industrial sector and to limit global warming to 1.5 degrees Celsius. While Germany and the other G7 countries have committed to supporting emerging economies in their efforts to combat...
Persistent link: https://www.econbiz.de/10013410739
South-East Asia encompasses a number of countries that have experienced rapid economic growth in the last twenty years. The region as a whole is wealthy in fossil energy sources. Energy demand in South-East Asia is expected to increase dramatically in the coming years, creating problems in terms...
Persistent link: https://www.econbiz.de/10014131132
In November 2011, Australia adopted a highly innovative, ambitious and comprehensive climate change policy, the Clean Energy Legislative Package (CELP). This outcome was not self-evident.The CELP embeds an innovative carbon pricing mechanism in a comprehensive and highly generous package of...
Persistent link: https://www.econbiz.de/10013088864
As the economic costs of energy and the negative externalities associated with the combustion of fossil fuels threaten the economic viability of greenhouses in northern climates there is a renewed interest in the use of waste heat. This paper presents a technical and economic methodology to...
Persistent link: https://www.econbiz.de/10014172794
The United States has long suffered from a schizophrenia about energy policy. The importance of one of the factors in energy policy, the environment, has never been formally defined. Climate change adds another distinct layer to this complexity, as neither energy policies nor environmental...
Persistent link: https://www.econbiz.de/10013098993
The development of unconventional gas extraction has led to significant declines in gas prices, recently followed by a large drop of oil prices. This is also the year which is supposed to deliver the long awaited post 2020 climate agreement. This article brings different pieces of research...
Persistent link: https://www.econbiz.de/10014135887
Much was at stake in the Presidential election of 2012, which was marked by heated debate over the trajectory of the economy, the expiration of the Bush tax cuts, and the fate of the President’s health care plan. The candidates disagreed about nearly every issue from foreign policy and the war...
Persistent link: https://www.econbiz.de/10014161527
Three recent “roadmap” analyses outline routes to a low-carbon economy that model the decarbonization of the electricity sector and the pervasive electrification of the transportation and industrial sectors. Two of these also impose a pollution constraint on electricity resources that...
Persistent link: https://www.econbiz.de/10013000370