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Commitment vs. discretion in climate and energy policy
Habermacher, Florian; Lehmann, Paul - 2017
-contingent renewable subsidies outperforms both unconditional commitment and discretion. The choice between the practically more feasible …
Persistent link: https://www.econbiz.de/10011611130
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The empirics of enabling investment and innovation in renewable energy
Ang, Geraldine; Röttgers, Dirk; Burli, Pralhad - 2017
of the investment environment on investment and innovation in renewable power in OECD and G20 countries. It also assesses … how countries’ investment environments interact with climate mitigation policies to influence investment and patent … variables, which were analysed using two Poisson-family regression models: one to investigate determinants of investment flows …
Persistent link: https://www.econbiz.de/10011695518
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Power struggle : decarbonising the electricity sector : effects of climate policies, policy misalignments and political economy factors on decarbonisation
Röttgers, Dirk; Anderson, Brilé - 2018
This report investigates the effects of select climate policies, non-climate policies, as well as political economy factors on the decarbonisation of electricity in OECD countries from 2000 to 2015. Effects are analysed on the three phases of decarbonisation: (1) increasing the share of...
Persistent link: https://www.econbiz.de/10011990043
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State-owned enterprises and the low-carbon transition
Prag, Andrew; Röttgers, Dirk; Scherrer, Ivo - 2018
This paper explores the role of state-owned enterprises (SOEs) in the low-carbon transition in OECD and G20 countries. It tracks GHG emissions and energy investments by SOEs and analyses the impact of SOEs on investments in renewable electricity. A descriptive analysis of SOEs’ role in the...
Persistent link: https://www.econbiz.de/10011822336
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Gone with the wind? : an empirical analysis of the renewable energy rent transfer
Liski, Matti; Vehviläinen, Iivo - 2016
Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …
Persistent link: https://www.econbiz.de/10011573888
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Taxation of carbon emissions with social and private discount rates
Mier, Mathias; Adelowo, Jacqueline - 2022
Energy system and power market models refrain from distinguishing between private and social discount rates. We devise a strategy to account for diverging private and social discount rates in intertemporal optimization frameworks, resulting in an optimal carbon tax above the marginal damage when...
Persistent link: https://www.econbiz.de/10013329795
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Investment policy for time-inconsistent discounters
Harstad, Bård - 2013
This paper explores how a principal with time-inconsistent preferences invests optimally in technology or capital. If the current principal prefers her future self to save more, she can increase current investments complementary to future savings and decrease investments in the strategic...
Persistent link: https://www.econbiz.de/10010223357
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The rise and fall of bioenergy
Hoel, Michael - 2018
, and later a reduction. Optimal taxes and subsidies are derived both for the first-best case and for the case of a …
Persistent link: https://www.econbiz.de/10011819398
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The impact of climate change on wind and solar resources in southern Africa
Fant, Charles; Schlosser, C. Adam - 2013
Climate change is an issue that requires global attention and co-operation. As climate science develops an understanding of changes to the future climate state, policy makers and engineering project planners beg to know what claims can be made on the subject with a reasonable level of...
Persistent link: https://www.econbiz.de/10009767902
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The learning process and technological change in wind power : evidence from China's CDM wind project
Tang, Tian; Popp, David - 2014
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10010257289