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The role of environmental and technology policies in the transition to a low-carbon energy industry

Heinzel, Christoph; Winkler, Ralph - 2007

a non-distortionary investment subsidy. …

Persistent link: https://www.econbiz.de/10003761370

Implications of diverging social and private discount rates for investments in the German power industry : a new case for nuclear energy?

Heinzel, Christoph (contributor) - 2008

for the German power industry around 2015. The distortions remain moderate as compared to other investment subsidies …

Persistent link: https://www.econbiz.de/10003796239

CO2 abatement policies in the power sector under an oligopolistic gas market

Hecking, Harald - 2014

The paper at hand examines the power system costs when a coal tax or a fixed bonus for renewables is combined with CO2 emissions trading. It explicitly accounts for the interaction between the power and the gas market and identifies three cost effects: First, a tax and a subsidy both cause...

Persistent link: https://www.econbiz.de/10010415338

Distributed energy resources and virtual power plants : economics of investment and operation

Garnier, Ernesto - 2016 - 1. Auflage

Persistent link: https://www.econbiz.de/10013446876

On the time-dependency of MAC curves and its implications for the EU ETS

Hintermayer, Martin; Schmidt, Lukas; Zinke, Jonas - 2020

enlarging investment opportunities. With convex MAC curves, marginal abatement costs in the EU ETS increase over time, which …

Persistent link: https://www.econbiz.de/10012423177

Taxation of carbon emissions with social and private discount rates

Mier, Mathias; Adelowo, Jacqueline - 2022

Energy system and power market models refrain from distinguishing between private and social discount rates. We devise a strategy to account for diverging private and social discount rates in intertemporal optimization frameworks, resulting in an optimal carbon tax above the marginal damage when...

Persistent link: https://www.econbiz.de/10013329795

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. Taxing only air pollution results in social cost of 5,890...

Persistent link: https://www.econbiz.de/10013329808

Investment policy for time-inconsistent discounters

Harstad, Bård - 2013

This paper explores how a principal with time-inconsistent preferences invests optimally in technology or capital. If the current principal prefers her future self to save more, she can increase current investments complementary to future savings and decrease investments in the strategic...

Persistent link: https://www.econbiz.de/10010223357

Do carbon offsets offset carbon?

Calel, Raphael; Colmer, Jonathan; Dechezleprêtre, Antoine - 2021

We develop and implement a new method for identifying wasted subsidies, and use it to provide systematic evidence on the misallocation of carbon offsets in the Clean Development Mechanism - the world's largest carbon offset program. Using newly constructed data on the locations and...

Persistent link: https://www.econbiz.de/10012650589

Externalities in risky resource markets : optimal taxes, leakage and divestment : presented at CESifo Area Conference on Energy and Climate Economics, October 2015

Habermacher, Florian - 2016

uncertain fuel market returns. Without uncertainty, the unilateral investment tax is welfare-neutral: costless but ineffective … divestment. With uncertainty, the regional investment choice affects global fuel usage, and correspondingly the optimal regional … fuel policy contains a investment tax in addition to taxes on deposit supply and consumption. Even absent terms …

Persistent link: https://www.econbiz.de/10011454043

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