Using a stated choice experiment, we find that a prime that makes environmental identity salient makes people behave greener, whereas it does not if it makes religious identity salient. Further-more, we discover non-linear priming effects for environmental identity, which means that rais-ing the...

What will come first - non-acceptable global warming or extinction of oil reserves? Both processes can bring substantial costs to the mankind, but their order has important economic implications. The answer to this question will either lower oil price in the long run or will lead to its further...

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...

We study a commons problem under uncertainty, where individual actions affect the risk of a future damage event. We show that for risk-averse agents, an extra risk on the amount of the damage induces more precautionary actions in Nash equilibrium. Similarly, for prudent agents an extra risk in...

Based on the international agreements after the Kyoto Protocol, some projects to reduce the greenhouse gas emission have been promoted even in Japan. Therefore, policies such as various regulations and introduction of the environmental tax have been discussed, so people will be asked for big...

The main aim of this paper is to observe the environmental behaviour in some cities of the word, by analyzing for each city the trends of several energy and emissions indicators that appear as explanatory variables in both energy and labour average productivity equations. At the same time we...

SUMMARY - In many countries, wind turbines are constructed as part of a strategy to reduce fossil fuel dependence. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby properties. Using a unique transaction price dataset covering the period 1985-2011...

Renewable energy production is an alternative to traditional energy resources that are being depleted, these new resources will gradually replace the exhausting energies by combining the three main features of the present century, so that sustainable development, energy security and...

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...