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The impact of heat waves on electricity spot markets

Pechan, Anna; Eisenack, Klaus - 2013

Thermoelectric power plants depend on cooling water drawn from water bodies. Low river run-off and/or high water temperatures limit a plant's production capacity. This problem may intensify with climate change. To what extent do such capacity reductions affect electricity spot markets? Who bears...

Persistent link: https://www.econbiz.de/10009754747

The intergenerational transfer of solar radiation management capabilities and atmospheric carbon stocks

Goeschl, Timo; Heyen, Daniel; Moreno Cruz, Juan - 2013

Solar radiation management (SRM) technologies are considered one of the likeliest forms of geoengineering. If developed, a future generation could deploy them to limit the damages caused by the atmospheric carbon stock inherited from the current generation, despite their negative side effects....

Persistent link: https://www.econbiz.de/10009720202

Mitigation and solar radiation management in climate change policies

Manousi, Vasiliki; Xepapadeas, Anastasios - 2013

We couple a spatially homogeneous energy balance climate model with an economic growth model which incorporates two potential policies against climate change: mitigation, which is the traditional policy, and geoengineering. We analyze the optimal policy mix of geoengineering and mitigation in...

Persistent link: https://www.econbiz.de/10009756319

Morocco's unique situation in the climate change arena : an analysis of climate forecasts and their link to agriculture

Ouraich, Ismail; Tyner, Wallace E. - 2014

Alterations in rainfall patterns and increasing temperatures due to climate change will most likely translate into yield reductions in desirable crops. In this particular context, the object of this paper is to lay down findings and results for projected yield impacts in Morocco using a...

Persistent link: https://www.econbiz.de/10010354015

Estimating the impact of climate change on agricultural production : accounting for technology heterogeneity across countries

Exenberger, Andreas; Pondorfer, Andreas; Wolters, Maik H. - 2014

We estimate the impact of climate change on agricultural production in a panel of 127 countries from 1961 to 2002. In contrast to the existing literature we account for cross-sectional dependence and technology heterogeneity. We find no significant impact of climate change on agricultural...

Persistent link: https://www.econbiz.de/10010354719

Regional agreements to address climate change : scope, promise, funding, and impacts

Butzlaff, Iris; Grunewald, Nicole; Klasen, Stephan - 2013

There is a large number of regional agreements concerning Greenhouse Gas (GHG) emissions, often linked to other regional integration agreements. The most successful one in making effort in reducing carbon emissions is the Emission Trading System by the European Union (EU ETS). Apart from this...

Persistent link: https://www.econbiz.de/10010360161

Leadership and international climate cooperation

Schwerhoff, Gregor - 2013

Which kind of reaction can a nation or group of nations expect when leading by example in climate policy? This literature survey describes possible positive reaction mechanisms from different fields of economics, some of which have scarcely been linked to climate economics previously. One effect...

Persistent link: https://www.econbiz.de/10010226086

Non-marginal cost-benefit analysis and the tyranny of discounting

Vermeylen, Koen - 2013

This paper uses the Kaldor-Hicks compensation principle to compute the present value (PV) of a non-marginal future event. Three theoretical results stand out: First, decreasing returns to capital create a wedge between the PV of future generations' willingness to pay (WTP) and the PV of their...

Persistent link: https://www.econbiz.de/10010227375

The Hodrick-Prescott filter with a time-varying penalization parameter : an application for the trend estimation of global temperature

Blöchl, Andreas; Flaig, Gebhard - 2014

In this paper we use the Hodrick-Prescott filter for analysing global temperature data. We are especially concerned with a reliable estimation of the trend component at the end of the data sample. To this end we employ time-varying values for the penalization parameter. The optimal values are...

Persistent link: https://www.econbiz.de/10010229859

The short-term population health effects of weather and pollution : implications of climate change

Ziebarth, Nicolas R.; Schmitt, Maike; Karlsson, Martin - 2013

ambient air pollution on population health. For Germany and the years 1999 to 2008, we link the universe of all 170 million … heat significantly increases hospitalizations and deaths. Extreme cold has a negligible effect on population health. High … simultaneous weather and pollution conditions. We find strong evidence for "harvesting", and that the instantaneous heat-health …

Persistent link: https://www.econbiz.de/10010229929