We construct an overlapping generations model in which the choice between dirty and clean technology hinges on the economy's capital stock, susceptible to climate-induced depreciation. The process of capital accumulation contributes to environmental emissions, yet their intensity can be...

With the long term goal of holding the increase in the global average temperature to well below 2°C and "to pursue efforts to limit the temperature increase to 1.5°C", the Paris Agreement puts renewed attention on the portfolio of technologies needed to achieve consistent emission reductions...

As the United States attempts to increase the percentage of no- and low-carbon electricity sources in the fuel mix, one consideration is whether these sources are more expensive or are capable of being competitive in the market without subsidies. This article explores the types of subsidies that...

The aim of this paper is to review the objectives to mitigate greenhouse gas (GHG) emissions and to increase the renewable energy share (RES) in gross final energy consumption from the European Commission (EC) and the related member state contributions to reflect their consistency. Therefore, a...

The global increasing trend in total greenhouse gas emissions in recent decades has triggered the need for climate-related development financing. This study analyzes the effects of climate-related development mitigation finance and renewable energy consumption on greenhouse gas emissions in the...