This paper applies an economic model of climate change that is based on endogenous substitution of energy resources to determine the effect of advances in renewable technology on aggregate and sectoral fossil fuel use and energy prices. It uses a Nordhaus type partial equilibrium model of the...

Since the study of Ellerman and Decaux (1998) marginal abatement cost curves (MACCs) have become one of the favorite instruments to analyze the impacts of the implementation of the Kyoto Protocol and emission trading. This paper shows that the MACC in one country depends - via the link of world...

Rund 80% der weltweiten Energienachfrage werden derzeit aus Erdöl, Kohle und Erdgas gedeckt. Der Anteil nichtfossiler Energieträger – die Summe aus erneuerbaren Energien und der Atomkraft – am Gesamtenergieverbrauch von 135 Ländern ist immer noch gering. Im Jahr 2007 deckten nur 22...

This paper presents an empirical study of energy demand, in which demand for a series of energy goods (Gas, Oil Products, Coal, Electricity) is expressed as a function of various factors, including temperature. Parameter values are estimated econometrically, using a dynamic panel data approach....