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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 … taxation can be complementary to a primary policy of air pollution abatement. On the contrary, a primary policy of …
Persistent link: https://www.econbiz.de/10013329808
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Complementary taxation of carbon emissions and local air pollution
Mier, Mathias; Adelowo, Jacqueline; Weissbart, Christoph - In: Energy economics 132 (2024), pp. 1-38
Persistent link: https://www.econbiz.de/10015047404
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Competition and regulation as a means of reducing CO2 emissions : experience from U.S. fossil fuel power plants
Growitsch, Christian; Paulus, Simon; Wetzel, Heike - 2017
Levels of CO2 emissions from electricity generation in the U.S. have changed considerably in the last decade. This development can be attributed to two factors. First, the shale gas revolution has reduced gas prices significantly, leading to a crowding out of the more CO2-intensive coal for...
Persistent link: https://www.econbiz.de/10011590580
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Competition and regulation as a means of reducing CO2 emissions : experience from U.S. fossil fuel power plants
Growitsch, Christian; Paulus, Simon; Wetzel, Heike - 2016
Levels of CO2 emissions from electricity generation in the U.S. have changed considerably in the last decade. This development can be attributed to two factors. First, the shale gas revolution has reduced gas prices significantly, leading to a crowding out of the more CO2-intensive coal for...
Persistent link: https://www.econbiz.de/10011595798
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Environmental Externalities and Cost of Capital
Chava, Sudheer - 2014
I analyze the impact of a firm's environmental profile on its cost of equity and debt capital. Using implied cost of capital derived from analysts' earnings estimates, I find that investors demand significantly higher expected returns on stocks excluded by environmental screens (such as...
Persistent link: https://www.econbiz.de/10013069271
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Environmental Regulation in Oligopoly Markets : A Study of Electricity Restructuring
Mansur, Erin T. - 2004
In an oligopoly market subject to environmental regulation through tradable pollution permits, polluters' output decisions affect the price of polluting. With a pollution tax, this feedback effect is absent. In a permit regime, I show that the feedback effect increases strategic firms'...
Persistent link: https://www.econbiz.de/10014028844
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OECD blended finance guidance for clean energy
OECD - 2022
Meeting the Paris Agreement goals will need a rapid acceleration of finance towards clean energy investments in emerging and developing economies. Blended finance is an important tool that can help mobilise commercial investment towards clean energy, whilst preserving scarce public resources for...
Persistent link: https://www.econbiz.de/10013376936
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Optimal extraction paths with electric power generation
Renz, Andreas A.; Weber, Christoph - 2017
It would seem that Hotelling's rule and its related models of resource extraction and electricity production as largest consumer of scarce resources are closely related. However, although fixed costs and a non-storable product are essential in characterizing electricity markets, they can hardly...
Persistent link: https://www.econbiz.de/10011761659
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Economic Implications of Alternative Allocation Schemes for Emission Allowances: A Theoretical and Applied Analysis
Böhringer, Christoph; Lange, Andreas - 2003
Political feasibility of emission trading systems may crucially depend on the free initial allocation of emission allowances to energy-intensive industries in order to ameliorate adverse production and employment effects. We investigate the potential trade-off between such compensation and...
Persistent link: https://www.econbiz.de/10010297282
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Economic implications of alternative allocation schemes for emission allowances : a theoretical and applied analysis
Böhringer, Christoph; Lange, Andreas - 2003
Political feasibility of emission trading systems may crucially depend on the free initial allocation of emission allowances to energy-intensive industries in order to ameliorate adverse production and employment effects. We investigate the potential trade-off between such compensation and...
Persistent link: https://www.econbiz.de/10011448451