Showing 1 - 10 of 25
Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from renewable sources, and encourage energy conservation. To what extent do innovation and energy efficiency (EE) market failures justify additional interventions when a carbon price is...
Persistent link: https://www.econbiz.de/10010764280
Fossil fuels are non-renewable carbon resources, and the extraction path of these resources depends both on present and future demand. When this "Hotelling feature" is taken into consideration, the whole price path of carbon fuel will shift downwards as a response to the reduced cost of the...
Persistent link: https://www.econbiz.de/10005765659
Several recent articles have analyzed climate policy giving explicit attention to the non-renewable character of carbon resources. In most of this literature the economy is treated as a single unit, which in the context of climate policy seems reasonable to interpret as the whole world. However,...
Persistent link: https://www.econbiz.de/10008914283
We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may be more desirable than com-parable cost reductions...
Persistent link: https://www.econbiz.de/10008833920
This paper provides a rationale for subsidizing green (renewable) energy production. Within a multi-country model where energy is produced with mobile capital in green and dirty production, we investigate the countries’ decentralized choice of emissions taxes and green energy subsidies....
Persistent link: https://www.econbiz.de/10008671715
social welfare function. We support this position by showing that, also from the view point of sustainability, application of …
Persistent link: https://www.econbiz.de/10005405959
Sustainability Council––that would actively bring financial markets into the fiscal-policy process, and we explain the technique …
Persistent link: https://www.econbiz.de/10005406098
In recent years, sustainability has represented one of the most important policy goals explored in the environmental … specification, namely modified EKC (MEKC), we show that there is an inverted U-shape relationship between sustainability and human …. More interestingly, findings from the estimation show that EKC hypothesis, HD and sustainability are crucial to build …
Persistent link: https://www.econbiz.de/10010765493
countries, compatible with the sustainability of the processes concerning the Earth system. Mainly by focusing on the energy …
Persistent link: https://www.econbiz.de/10010877706
Itaya et al. (2014) study the conditions for sustainability and stability of capital tax coordination in a repeated …
Persistent link: https://www.econbiz.de/10010877774