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Persistent link: https://www.econbiz.de/10012313333
electricity generation—pricing carbon, setting intensity standards, and subsidizing clean energy—and compare their market outcomes … under similar expansions of clean electricity generation. While pricing emissions gives strong incentives to first eliminate … emissions rates. We then estimate this correlation for US electricity generation and fuel prices as of 2019. The results …
Persistent link: https://www.econbiz.de/10014080394
Because of large economic and environmental asymmetries among world regions and the incentive to free ride, an international climate Regime with broad participation is hard to reach. Most of the so far proposed Regimes base on an allocation of emission rights that is to be perceived as fair....
Persistent link: https://www.econbiz.de/10010427963
Australia’s carbon price has been in operation for two years. The electricity sector accounts for the majority of … emissions covered under the scheme. This paper examines the impact of the carbon price on the electricity sector between 1 July … 2012 and 30 June 2014, focusing on the National Electricity Market (NEM). Over this period, electricity demand in the NEM …
Persistent link: https://www.econbiz.de/10014129510
Global cities emit a large percentage of all global carbon related to climate change with buildings contributing one-third of global greenhouse gas emissions. Because of this carbon emissions concentration, focusing on cities to reduce global carbon emissions provides a logical policy mechanism...
Persistent link: https://www.econbiz.de/10012831896
We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on informational constraints. We identify the most...
Persistent link: https://www.econbiz.de/10011939765
This paper is a quasi-replication of Andersson (2019). I use the synthetic control method to estimate the effect of a carbon tax starting at $1.41 per tonne of CO2 and increased through successive reforms to $20 by 2011. The results show that, one year after the intervention, the tax reduced CO2...
Persistent link: https://www.econbiz.de/10012605721
What is the effect of recent carbon price developments on domestic emissions and carbon leakage? This paper first develops a comprehensive plant-level carbon pricing dataset for key heavy industries at risk of carbon leakage, i.e. aluminium, cement and steel plants in 140 countries, drawing on...
Persistent link: https://www.econbiz.de/10015081882
The social cost of carbon - or marginal damage caused by an additional ton of carbon dioxide emissions - has been estimated by a U.S. government working group at $21/tCO2 in 2010. That calculation, however, omits many of the biggest risks associated with climate change, and downplays the impact...
Persistent link: https://www.econbiz.de/10009521469
The social cost of carbon - or marginal damage caused by an additional ton of carbon dioxide emissions - has been estimated by a U.S. government working group at $21 in 2010. That calculation, however, omits many of the biggest risks associated with climate change, and downplays the impact of...
Persistent link: https://www.econbiz.de/10009304029