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-effective strategies that stabilise CO2 concentrations at 550 or 450 ppm. In particular, this paper analyses the energy investment and R …-term investment strategies for all available energy technologies are determined. The case of an unknown backstop energy technology is … objective. In this paper we use WITCH, a hybrid climate-energy-economy model, to obtain a quantitative assessment of some cost …
Persistent link: https://www.econbiz.de/10005765756
The first part of this paper illustrates the point of view of Nicholas Georgescu Roegen (=GR) on the subject of growth, development and innovation. Some of the criticisms levelled at this approach are then considered, while presenting some arguments in favour. The Appendix reports a successful...
Persistent link: https://www.econbiz.de/10008479081
Enhancing growth through more innovation has become a priority for Austrian policy makers in line with European policies as laid down in the Lisbon Agenda. This paper discusses Austria’s innovation performance, its innovation policies, and general framework conditions for innovation and...
Persistent link: https://www.econbiz.de/10005046216
Mankind currently is not only facing a major environmental challenge, it is embarking on a hugely risky enterprise — that of climate mitigation. This unprecedented global adventure is an attempt to change the nature and shape of human society on the grounds that our traditional market system...
Persistent link: https://www.econbiz.de/10005032892
In the Kyoto Protocol carbon sinks became a tool for releasing the economic burden of achieving the emission target. For Finland, credits from carbon sinks might be important since the amount of carbon sequestered in total forest area has been large relative to total emissions. It was agreed in...
Persistent link: https://www.econbiz.de/10005545829
regional model of the world economy, in which energy technical change is endogenous. The focus is on disembodied energy R …&D international spillovers.The basic questions are as follows. Do knowledge spillovers enhance energy technological innovation in …-riding incentives and decrease the investments in energy R&D. The strongest cuts in energy R&D investments are recorded among High …
Persistent link: https://www.econbiz.de/10005406173
for a set of low-carbon power technologies on the development of the European energy sector. The report finds that an … of the European Strategic Energy Technology Plan, will contribute to reducing the costs of currently less mature low …-carbon technologies, and therefore accelerate their market entry. Following from the lower technology investment costs, the economic rate …
Persistent link: https://www.econbiz.de/10010595407
for a set of low-carbon power technologies on the development of the European energy sector. The report finds that an … of the European Strategic Energy Technology Plan, will contribute to reducing the costs of currently less mature low …-carbon technologies, and therefore accelerate their market entry. Following from the lower technology investment costs, the economic rate …
Persistent link: https://www.econbiz.de/10011170024
We present two models of the optimal investment decision in carbon capture and storage technology (CCS)—one where the … models investment costs are time dependent which adds an extra dimension to the decision problem. Our deterministic model … determine the optimal time to invest. We then analyse the effect of carbon price volatility on the optimal investment decision …
Persistent link: https://www.econbiz.de/10011039525
This paper expands on the panel GDP–energy cointegration modeling literature; it does so by using data disaggregated … along sectoral lines and adjusting energy consumption for the quality of the energy source (e.g., electricity is of higher … quality than oil, which is of higher quality than coal) in order to examine the role of energy quality in the five most energy …
Persistent link: https://www.econbiz.de/10011039575