This paper covers three policy-relevant aspects of the carbon content of electricity that are well established among integrated assessment models but under-discussed in the policy debate. First, climate stabilization at any level from 2°C to 3°C requires electricity to be almost carbon-free...

This paper examines the interrelationship of learning effects and emission control on the diffusion of carbon capture and storage (CCS). We introduce a dynamic model in which an electricity producer maximizes profits subject to emissions control. All technologies are characterized by specific...

Biomass, a renewable energy source, has been viewed as "carbon neutral" - that is, its use as energy is presumed not to release net carbon dioxide. However, this assumption of carbon neutrality has recently been challenged. In 2010 two letters were sent to the Congress by eminent scientists...

This paper analyzes the future prospects of carbon capture technologies. The first part of the analysis presents and discusses the results of an expert elicitation survey on a broad range of carbon capture options. The survey collected probabilistic estimates on the future values of energy...

We develop a framework for natural resource valuation that directly addresses the fundamental collective action problem in environmental protection. Our framework uses the lessons of behavioral economics to create values that individual decision makers find credible and relatable, in addition to...

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...

This chapter assesses the human rights implications of Bioenergy and Carbon Capture and Storage (BECCS) climate geoengineering options. It includes a discussion of the potential human rights impacts of large-scale deployment of BECCS options, with a focus on the new Paris climate agreement, and...