To analyze the effect of unilaterally tightened climate policies, we augment the two country model of Hoel (2011) with fossil fuel extraction costs. It turns out that a tighter climate policy of the country with the initially stricter policy causes neither a weak nor a strong green paradox if...

Energy is an area of strategic and vital importance for Romania's economic development. At national level there is a wide activity of using biomass for the production of electricity and heat, determined by the requirements of the European Union's energy policy to reduce CO2 emissions. The...

The paper investigates markets ridden by problems of common pool resources and asks how monopoly rights for inputs into those markets affect the welfare. The analysis rests upon the example of anit-pest innovations. The quintessential feature of such innovations is the possibility of them losing...

In Namibia, as in many parts of Africa, households are highly dependent on fastdegrading forest resources for their livelihoods, including energy needs. Using data originally collected for Namibia's forest resource accounts and insights from a nonseparable household model, this paper empirically...

Based on data from a large-scale computer-based survey among more than 3700 German citizens, this paper empirically examines the determinants of the general change of electricity tariffs and the specific change to green tariffs. Our econometric analysis with binary probit and multinomial logit...

Blockchain technology has become widely popular with the appearance of cryptocurrencies that use the decentralized nature of blockchain in order to exchange funds between their users. In order to verify various needed details during an exchange, consensus mechanisms are used which solve simple...

We examine how different renewable energy support policies affect innovation in solar and wind power technologies. The analysis is conducted using policy and patent data for a large sample of 194 countries and territories. The policy data allows distinguishing two dimensions of regulation, i.e....

We consider an economy in which competitive firms use three technologies for electricity production: pollutive fossils, intermittent renewables like wind or solar, and storage. We determine optimal subsidies for renewables and storage capacities when carbon pricing is imperfect. This policy is...

Japan is faced with "the Fukushima' problem," in which a single nuclear accident has led to drastic electrical power shortages. Owing to the strong backlash of public opinion, almost all of Japan's 54 nuclear plants suspended operations. An intensive search has started for alternative forms of...