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-term technological development that the world will need to move away from fossil fuels. Because of this tension, policy-makers should not …
Persistent link: https://www.econbiz.de/10014222701
At the same time that the world was rocked by climate-related unnatural disasters, the social unrest sparked by the …
Persistent link: https://www.econbiz.de/10013313836
The United States has long suffered from a schizophrenia about energy policy. The importance of one of the factors in energy policy, the environment, has never been formally defined. Climate change adds another distinct layer to this complexity, as neither energy policies nor environmental...
Persistent link: https://www.econbiz.de/10013098993
conceptually useful allegory of a futuristic "World Climate Assembly" (WCA) that votes for a single worldwide price on carbon … derives fresh insights and new simple formulas that relate each emitter's most-preferred world price of carbon to the world … "Social Cost of Carbon" (SCC), and further relates the WCA-voted world price of carbon to the world SCC. I argue that the WCA …
Persistent link: https://www.econbiz.de/10012929696
Ongoing climate change affects complex and long-lived infrastructures like electricity systems. Particularly for decarbonized electricity systems based on variable renewable energies, there is a variety of impact mechanisms working differently in size and direction. Main impacts for Europe...
Persistent link: https://www.econbiz.de/10011990909
With the United States’ reentry to the Paris Agreement, there is now consensus among the world's largest carbon …
Persistent link: https://www.econbiz.de/10013307945
Most currently employed Integrated Assessment Models are of a dynastic nature, commonly assuming a fixed relation between pure time preference, economic growth and interest rate. This rigid relation has led to much debate on which level of discounting to adopt. Especially the quantitative...
Persistent link: https://www.econbiz.de/10014172829
Persistent link: https://www.econbiz.de/10013551846
Global climate change is a multi-faceted international crisis that requires creative and flexible regulatory solutions. Addressing the principal anthropogenic cause of climate change—carbon dioxide emissions from the burning of fossil fuels—has been the focus of the international response to...
Persistent link: https://www.econbiz.de/10014126247
The dormant Commerce Clause has long been a thorn in the side of state policymakers. The latest battleground for the clash between federal courts and state legislatures is energy policy. In the absence of a decisive federal policy response to climate change, nearly thirty states have created a...
Persistent link: https://www.econbiz.de/10012899677