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International diffusion of energy-saving technologies has received considerable attention in recent energy and climate economics studies. As a helpful methodological complement to the existing large-scale CGE/IAM-based modelling for energy and climate policy studies, this paper contributes to a...
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for the German power industry around 2015. The distortions remain moderate as compared to other investment subsidies …
Persistent link: https://www.econbiz.de/10010300612
for the German power industry around 2015. The distortions remain moderate as compared to other investment subsidies …
Persistent link: https://www.econbiz.de/10009226246
a non-distortionary investment subsidy. …
Persistent link: https://www.econbiz.de/10005097454
I estimate the social discount rate allowing returns on investment to differ from returns on wealth. Historical returns … on wealth and investment in the United States imply estimates of pure time preference and risk aversion, which I use to … project returns going forward. I generalize the Ramsey Rule for optimal investment to account for any difference between rates …
Persistent link: https://www.econbiz.de/10012706758
The appraisal of public investments is subject to formal guidelines which often require input prices, such as forecasted energy prices. Using Danish guidelines as a case study, we explore the discounting assumptions in these input prices and find rates ranging from 2.97% to 17.5%, markedly...
Persistent link: https://www.econbiz.de/10014383298
This doctoral thesis, organized in three self-contained chapters, provides an analysis of the economic effects associated with the extraction of natural resources and the transition from an economy based on fossil fuel use to an economy relying primarily on renewable energy sources. Chapter 1...
Persistent link: https://www.econbiz.de/10012262529
We study the effect of climate policy on companies' greenhouse gas emissions using emissions data for the headquarters and subsidiaries of the world's biggest manufacturing, energy, and utility companies. Our results suggest that financial incentives and legal requirements to audit energy use...
Persistent link: https://www.econbiz.de/10011721629
In creating a level playing field that facilitates the deployment of renewable energy technology (RET), the traditional energy policy regime based on eliminating RET's cost gaps versus fossil energy technology (FET) may be not sufficient. Building on an economic model of energy technology...
Persistent link: https://www.econbiz.de/10013016440