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In this work, we ask whether tradable emissions permits, based on the cap-and-trade principle, provide better climate change and economic projections than alternative regulations for GHG emissions, such as operational permits which are commonly used to mitigate non-GHG emissions (prevention...
Persistent link: https://www.econbiz.de/10014332082
Africa, abundant in natural resources, faces growth challenges due to widespread energy poverty and heightened biofuel … use with severe environmental impacts. Recognizing the connection between energy consumption and climate change is crucial … for implementing sustainable solutions and establishing guidelines for future energy practices amidst the adverse effects …
Persistent link: https://www.econbiz.de/10015054128
fuel energy consumption, income, agricultural production, population and forest in South Asian countries. Although pooled … the highest effect on CO2 emissions was found for GDP while the lowest on it was for fossil fuel energy consumption …
Persistent link: https://www.econbiz.de/10013251588
variation of the price of carbon: institutional decisions; energy prices and weather events; macroeconomic and financial market …
Persistent link: https://www.econbiz.de/10013093573
made in the face of rising global energy demand. Here a thoroughly validated dynamic econometric model (Eq 1) is used to … forecast global energy demand growth (International Energy Agency and BP), which is driven by an increase of the global … population (UN), energy use per person and real GDP (World Bank and Maddison). Even relatively conservative assumptions put a …
Persistent link: https://www.econbiz.de/10012978618
Two decades have passed since the Clean Air Act Amendments of 1990 launched a grand experiment in market-based environmental policy: the SO2 cap-and-trade system. That system performed well but created four striking ironies. First, by creating this system to reduce SO2 emissions to curb acid...
Persistent link: https://www.econbiz.de/10014167077
The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering broad international participation and significant global CO2 emissions...
Persistent link: https://www.econbiz.de/10014167167
between extraction of fossil energy resources and CDR. If there is sufficient capacity for storing captured carbon, it will be …
Persistent link: https://www.econbiz.de/10014469202
environmental policy on energy use in the United States. The model matches key data patterns that cannot be explained by the …-run elasticity of substitution between energy and non-energy inputs, as well as trends in final-use energy efficiency. My primary … analysis examines the impact of new energy taxes. The putty-clay model suggests that tax-inclusive energy prices need to be 273 …
Persistent link: https://www.econbiz.de/10015256970
In the United States, rising energy efficiency, rather than the use of less carbon-intensive energy sources, has driven … the decline in the carbon intensity of output. Thus, understanding how environmental policy will affect energy efficiency … energy use in the United States. To do so, I construct a putty-clay model of directed technical change that matches several …
Persistent link: https://www.econbiz.de/10015254525