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This study investigates the impact of firms' emissions on their investments in renewable energy. Stricter environmental … pollution or greenhouse gas emissions (measured as a share of revenue) invest more in renewable energy (measured as a share of …
Persistent link: https://www.econbiz.de/10014449963
This study examines how the impact of Tradable Green Certificates (TGC) on profitability and investment behavior varies depending on the vertical integration status of regulated firms. Our theoretical model predicts that vertical integration does not lead to higher profits when internal pricing...
Persistent link: https://www.econbiz.de/10014521191
carbon emissions. Additionally, major consumer countries are looking for alternative sources of energy to avoid the impact of … policies could be applied to reduce carbon emissions, such as enhancing renewable energy deployment and encouraging … or emission trading mechanism could be considered ideal policies to mitigate emissions at the lowest cost. The comparison …
Persistent link: https://www.econbiz.de/10010356799
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Persistent link: https://www.econbiz.de/10011946558
Three types of policies that are prominent in the federal debate over addressing greenhouse gas emissions in the United … States are a cap-and-trade program (CTP) on emissions, a renewable portfolio standard (RPS) for electricity production, and …) emissions reductions from CTP can be significantly greater than those from the other policies, even for similar levels of …
Persistent link: https://www.econbiz.de/10013038309
Several EU member states have introduced national systems of Tradable Green Certificates (TGCs), which stipulate the percentage of total energy consumption to be obtained from renewable sources. The new Renewable Energy Directive sets a binding EU-wide target of 32% but without imposing legally...
Persistent link: https://www.econbiz.de/10013232322
emissions into the atmosphere. This paper presents an econometric analysis of the factors that motivate the use of renewable … expected, with mixed fossil fuel price effects; electricity grid interconnection and higher levels of greenhouse gas emissions …
Persistent link: https://www.econbiz.de/10011964362
behavior of market agents. Microeconomic theory predicts that consumers maximizing their utility as producers maximize profits … the industrial sector, which is the major source of greenhouse gas emissions. Hurting business can have a negative impact …
Persistent link: https://www.econbiz.de/10014078336
Renewable portfolio standards (RPS) are the most popular U.S. state-level policies for promoting deployment of renewable electricity (RES-E). While several econometric studies have estimated the effect of RPS on in-state RES-E deployment, results are contradictory. We reconcile these studies and...
Persistent link: https://www.econbiz.de/10009688859