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"Windfall profits" again is a popular term, but mostly the term is used inappropriately. This short article discusses why, and proposes a more complete taxonomy of profits. There exists little ground and need for policy to act against genuine windfalls, while the contrary holds for other...
Persistent link: https://www.econbiz.de/10005208954
Nuclear power and renewable energy are the main options to bring down the carbon intensity of commercial energy supply. What technology is unlimited backstop supply depends on its performance on the sustainability criteria: democratic decided, globally accessible, environmental benign, low risk,...
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The recent EU Commission proposal for promoting the supply of power from renewable energy sources was originally based on a pan-European, harmonised tradable green certificate (TGC) scheme. We suggest, on the basis of a multi-disciplinary analysis, that a pan-EU TGC system is not the way forward...
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Cogeneration or combined heat and power (CHP) is a thermal power generation cycle with the merit of recovering part or all of the heat that is fatally discarded by such cycles. This merit of higher efficiency is subject of rewarding by public authorities. When the EU enacts CHP promotion in a...
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At the turn of the millennium, the world’s political leadership adopted sustainable development as a leading model for societal development. However, the terms “sustainable development”, “sustainability” and “sustainable” are sometimes over- and misused despite wide consensus about...
Persistent link: https://www.econbiz.de/10009318027