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The role of environmental and technology policies in the transition to a low-carbon energy industry

Heinzel, Christoph; Winkler, Ralph - 2007

a non-distortionary investment subsidy. …

Persistent link: https://www.econbiz.de/10003761370

Distorted time preferences and time-to-build in the transition to a low-carbon energy industry

Heinzel, Christoph; Winkler, Ralph - In: Environmental & resource economics : the official … 49 (2011) 2, pp. 217-241

Persistent link: https://www.econbiz.de/10009303327

CO2 abatement policies in the power sector under an oligopolistic gas market

Hecking, Harald - 2014

The paper at hand examines the power system costs when a coal tax or a fixed bonus for renewables is combined with CO2 emissions trading. It explicitly accounts for the interaction between the power and the gas market and identifies three cost effects: First, a tax and a subsidy both cause...

Persistent link: https://www.econbiz.de/10010415338

Distributed energy resources and virtual power plants : economics of investment and operation

Garnier, Ernesto - 2016 - 1. Auflage

Persistent link: https://www.econbiz.de/10013446876

On the time-dependency of MAC curves and its implications for the EU ETS

Hintermayer, Martin; Schmidt, Lukas; Zinke, Jonas - 2020

enlarging investment opportunities. With convex MAC curves, marginal abatement costs in the EU ETS increase over time, which …

Persistent link: https://www.econbiz.de/10012423177

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

Complementary taxation of carbon emissions and local air pollution

Mier, Mathias; Adelowo, Jacqueline; Weissbart, Christoph - 2022

Current decarbonization policies neglect damages from local air pollutants. We analyze the trade-off between complementary taxation of carbon emissions and local air pollution. We quantify results for the European power market until 2050. Taxing only air pollution results in social cost of 5,890...

Persistent link: https://www.econbiz.de/10013329808

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

Underinvestment and Slow Growth : PWBM Concedes Flaws

Simkovic, Michael - 2021

against public investment. This budget scoring process systematically underestimates the benefits of public investment and … fund public investment is amplified by a think tank, the Penn Wharton Budget Model (PWBM). The PWBM assumes that taxes and … debt have devastating effects on economic growth and assumes away much of the benefit of public investment. These strong …

Persistent link: https://www.econbiz.de/10013249451

Commitment vs. Discretion in Climate and Energy Policy

Habermacher, Florian - 2017

To decarbonize the power sector policy-makers need to commit to long-term credible rules for climate and energy policy. Otherwise, time-inconsistent policy-making will impair investments into low-carbon technologies. However, the future benefits and costs of decarbonization are subject to...

Persistent link: https://www.econbiz.de/10012960475

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