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electricity capacity in New Zealand, whereas in Australia this is 17%. Interestingly, between them and over time, the two … designing electricity markets that support energy transition and the investment that it requires. Incumbents in both …
Persistent link: https://www.econbiz.de/10011843946
In this paper, we develop a microeconomic approach to deduce greenhouse gas abatement cost curves of the residential heating sector. By accounting for household behavior, we find that welfare-based abatement costs are generally higher than pure technical equipment costs. Our results are based on...
Persistent link: https://www.econbiz.de/10009743918
The economic prescription for climate change is clear: price carbon dioxide (CO2) and other greenhouse gas emissions to internalize climate damages. In practice, a variety of political economy constraints prevent the introduction of a carbon price equal to the full social cost of emissions. This...
Persistent link: https://www.econbiz.de/10011456178
varying carbon price levels on carbon emissions by incorporating the different carbon price levels in the electricity prices … output, wholesale electricity price, and emissions under the high carbon tax scenario based on cointegration relationships …. Our empirical results reveal that a stable wholesale electricity pricing with a carbon price and carbon emission nexus …
Persistent link: https://www.econbiz.de/10012320301
droughts and high temperatures. We investigate increases in the wholesale electricity price and price volatility and develop a …
Persistent link: https://www.econbiz.de/10012295795
China has realized that for its own sake and from the international community’s perspective, it cannot afford to continue along the conventional path of encouraging economic growth at the expense of the environment. Accordingly, the country has placed ecological goals at the same level of...
Persistent link: https://www.econbiz.de/10011391849
further reform of the electricity pricing mechanism and the coordinated development of various related markets. With respect …
Persistent link: https://www.econbiz.de/10014242476
electricity exported from Ontario. Wind power generation has produced an estimated 108.98 million USD in reducing CO2 emissions in …
Persistent link: https://www.econbiz.de/10012286525
Germany committed itself to challenging greenhouse gas (GHG) emission reduction targets to 2020 and beyond. It has …-based instruments in Germany: energy taxes, vehicle taxes and the EU Emissions Trading System. It also reviews the use of feed …-in tariffs to promote electricity generation from renewable sources, with a focus on the implied GHG abatement costs and the …
Persistent link: https://www.econbiz.de/10009685844
The inclusion of emissions trading in the Kyoto Protocol reflects an important decision to address climate change issues through flexible market mechanisms. In this paper, we address a number of policy issues that must be considered in designing and implementing an international greenhouse gas...
Persistent link: https://www.econbiz.de/10014210197