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Cost estimates for reducing energy-related CO2 emissions vary with modeling assumptions and methods. Much debate has centered on the tendency for top-down models to suggest high costs and for bottom-up models to suggest low costs. This study incorporates behavioral parameters, derived from...
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As an energy-economics modeler, who collaborated with academics while also consulting to government and industry, Campbell Watkins was especially interested in the empirical relationship between energy inputs and economic output. His skills were perfectly suited to this pressing research issue,...
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According to intuition and theories of diffusion, consumer preferences develop along with technological change. However, most economic models designed for policy simulation unrealistically assume static preferences. To improve the behavioral realism of an energy-economy policy model, this study...
Persistent link: https://www.econbiz.de/10005006382
Many people believe we must quickly wean ourselves from fossil fuels to save the planet from environmental catastrophe, wars and economic collapse. However, we have the technological capability to use fossil fuels without emitting climate-threatening greenhouse gases or other pollutants. The...
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