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Decarbonization and electrification will require a transformed electricity grid. Our long-run model of entry and exit … of generation and storage capacity captures crucial aspects of the electricity industry such as time-varying demand for … electricity, intermittency of renewables, and intertemporal optimization of storage. We derive several theoretical possibilities …
Persistent link: https://www.econbiz.de/10013210110
In the context of climate protection policy it has been suggested that global CO2 emissions should be reduced significantly (contraction) and that per capita emissions should gradually be equalized across countries (convergence). This paper uses a dynamic multi-region computable general...
Persistent link: https://www.econbiz.de/10011442448
This paper examines the impact of COVID-19 pandemic on oil prices, CO2 emissions and stock market volatility over the period January 22, 2020 – March 30, 2020 using an unrestricted VAR. We demonstrate that although the increasing number of COVID-19 infections causeda decrease in the price of...
Persistent link: https://www.econbiz.de/10012835582
In the context of climate protection policy it has been suggested that global CO2 emissions should be reduced significantly (contraction) and that per capita emissions should gradually be equalized across countries (convergence). This paper uses a dynamic multi-region computable general...
Persistent link: https://www.econbiz.de/10014089750
mandate that renewables (e.g., wind and solar) produce a specifiedshare of electricity, yet little is known about their …
Persistent link: https://www.econbiz.de/10014106663
The allocation of emission entitlements across countries is the single most controversial issue in international climate policy. Extreme positions within the policy debate range from entitlements based on current emission patterns (CEP) to equal-per-capita (EPC) allocations. Convergence (COV)...
Persistent link: https://www.econbiz.de/10014090693
Economic measures are advanced to environmental problems in EU nations. The economic approach imposes a constant economic load on activities negatively affecting the environment, and it is also a technique for giving a constant profit for activities conserving the environment. The whole society...
Persistent link: https://www.econbiz.de/10011483125
Developing Asia has the world's fastest greenhouse gas emissions growth. This study uses an economy-energy-climate model to assess the effects of Paris Agreement pledges on Asia, in comparison with business as usual (BAU) and more ambitious scenarios. Results confirm that pledges must be...
Persistent link: https://www.econbiz.de/10011580314
This paper uses a global integrated assessment model to assess how developing Asia, the world's fastest-growing source of carbon emissions, could transition to low-carbon growth. It finds that national net-zero pledges do not have a high chance of keeping peak warming below 2°C. Under an...
Persistent link: https://www.econbiz.de/10014442319
imported emissions that offset reductions in GHG emissions in domestically produced goods. China's liberalised trade has been …
Persistent link: https://www.econbiz.de/10012931048