Showing 1 - 10 of 6,890
coal and oil, going back to 1650 in the case of coal and 1859 in the case of oil. We find annual rates of increase in real … price of greater than two percent are found for coal in one cycle, 1842 to 1897, and for oil in two cycles, 1897 to 1953 and … 1953 to 2009. However, there is no noticeable change in coal prices for the earliest cycles, from 1675 to 1731 and 1731 to …
Persistent link: https://www.econbiz.de/10013060922
Reform of support for fossil fuels is often identified as a priority for a country’s fiscal consolidation efforts and for climate action to align financial flows with low-carbon pathways. Its implementation, however, remains elusive for many countries as they face seemingly irreconcilable...
Persistent link: https://www.econbiz.de/10012422676
We study how the Jones Act -- a 100-year-old U.S. regulation that constrains domestic waterborne shipping -- affects U.S. markets for crude oil and petroleum products. We collect data on U.S. Gulf Coast and East Coast fuel prices, movements, and consumption, and we estimate domestic non-Jones...
Persistent link: https://www.econbiz.de/10014447259
This paper examines the effects of the U.S. shale oil boom in a two-country DSGE model where countries produce crude oil, refined oil products, and a non-oil good. The model incorporates different types of crude oil that are imperfect substitutes for each other as inputs into the refining...
Persistent link: https://www.econbiz.de/10011758518
This paper examines the effects of the U.S. shale oil boom in a two-country DSGE model where countries produce crude oil, refined oil products, and a non-oil good. The model incorporates different types of crude oil that are imperfect substitutes for each other as inputs into the refining...
Persistent link: https://www.econbiz.de/10012946774
options that each are capable of contributing significantly to the abatement of global CO2 emissions: nuclear energy and coal …-based power production complemented with CO2 capture and storage (CCS). We also investigate how, in scenarios from an integrated … extensive the improvements of coal-based power equipped with CCS technology would need to be if our model is to significantly …
Persistent link: https://www.econbiz.de/10008824510
Persistent link: https://www.econbiz.de/10010518792
Persistent link: https://www.econbiz.de/10010360493
procurement practices by coal- and natural gas-fired electricity generating plants in the United States following state … detailed dataset that links confidential, shipment-level data on the price of virtually all of the fuel delivered to coal- and … price of coal drops by 12% at deregulated plants relative to matched plants that were not subject to any regulatory change …
Persistent link: https://www.econbiz.de/10013073015
This paper evaluates changes in fuel procurement practices by coal- and gas-fired power plants in the United States … plants substantially reduce the price paid for coal (but not gas), and tend to employ less capital-intensive sulfur abatement … more productive coal mines. I show how these results lend support to theories of asymmetric information, capital bias, and …
Persistent link: https://www.econbiz.de/10013054040