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design of a suitable support scheme is necessary for an efficient development of renewable energies sources (RES). In Brazil … Brazil. These countries are currently implementing new RES support schemes in order to increase electric systems’ efficiency … encouraging considering investors caution against new regulatory policies. Brazil has already adopted a similar scheme, the …
Persistent link: https://www.econbiz.de/10014093331
Agriculture and forestry play an important role in emitting and storing greenhouse gases. For an efficient and cost-effective climate policy it is therefore important to explicitly include land use, land use change, and forestry (LULUCF) in economyclimate models. This paper gives an overview and...
Persistent link: https://www.econbiz.de/10010294951
Land-use conflicts arise if land is scarce, land-use types are mutually exclusive, and vary in their effects with regard to more than one incongruent policy objective. If these effects depend on the spatial location of the land-use measures the conflict can be mediated through an appropriate...
Persistent link: https://www.econbiz.de/10010304358
We develop a partial one-sector model with capital, natural resources, and labor as production factors, and endogenous technological change through research. Production exhibits increasing returns to scale. We compare the response of output and resource use to a change in resource prices with...
Persistent link: https://www.econbiz.de/10011325034
Optimal climate policy is studied in a Ramsey growth model with exhaustible oil reserves, an infinitelyelastic supply of renewables, stock-dependent oil extraction costs and convex climate damages. Weconcentrate on economies with an initial capital stock below that of the steady state of the...
Persistent link: https://www.econbiz.de/10010325848
This paper presents an adjusted Faustmann Rule for optimal harvest of a forest in the presence of a social cost of carbon emissions. A contribution of the paper is to do this within theoretical and numerical frameworks that take account of the dynamics and interactions of the forest's multiple...
Persistent link: https://www.econbiz.de/10010330252
Countries with an active climate policy often use several other policy instruments in addition to a price on carbon emissions, such as subsidies to renewable energy. An obvious reason for subsidizing alternatives to carbon energy is that the price of carbon emissions is too low. The paper...
Persistent link: https://www.econbiz.de/10010330262
This paper deals with the problem of tackling the adverse effect of output growth on environmental quality. For this purpose we use an intermediate sector that builds putty-practically-clay capital consisting of an amalgam of energy and raw capital used for final goods production. The...
Persistent link: https://www.econbiz.de/10010334201
With the liberalisation of the European electricity market, new instruments are searched for in order to co-ordinate climate change initiatives with competition. This paper analyses the potential of a system of green electricity certificates to regulate the introduction of renewable energy...
Persistent link: https://www.econbiz.de/10011608513
The purpose of this paper is to point out the necessity to use new instruments for an integrated waste management system. Waste Stock Exchange is an innovative and efficient instrument, if introduced in a solid legal and economic context, as is typical of a free and competitive market. The Waste...
Persistent link: https://www.econbiz.de/10011608592