Similar Search Results

Hoel, Michael - CESifo - 2010

A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...

Persistent link: https://www.econbiz.de/10008671724

The Learning Process and Technological Change in Wind Power: Evidence from China's CDM Wind Projects

Tang, Tian; Popp, David - CESifo - 2014

The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...

Persistent link: https://www.econbiz.de/10010752785

Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany

Hintermann, Beat - CESifo - 2014

I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...

Persistent link: https://www.econbiz.de/10010948833

The Demands for Environmental Regulation and for Trade in the Presence of Private Mitigation

Hotte, Louis; Winer, Stanley L. - CESifo - 2008

We study the nature of individual demands for environmental regulation and for trade openness in the general … respect to the stringency of regulation. Moreover, even though trade has the potential to benefit everyone, the poor may … oppose trade openness because of a concern that laxer environmental regulation will then be imposed in the interest of the …

Persistent link: https://www.econbiz.de/10005094435

Did the Japanese Patient Follow the Doctor's Orders? Mostly no! A Public Choice Analysis of Greenhouse Gas Emissions Trading Schemes in Japan before and after the Earthquake

Rudolph, Sven; Schneider, Friedrich - CESifo - 2011

The Great Tôhoku-Earthquake and the following nuclear meltdown in Fukushima called the world’s attention to Japans’ energy and climate policy. Japan is one of the biggest emitters of greenhouses gases in the world and still far away from reaching its Kyoto target. Emissions trading systems...

Persistent link: https://www.econbiz.de/10009364314

The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyond

Carraro, Carlo; Tavoni, Massimo; Longden, Thomas; … - CESifo - 2013

This paper analyses a set of new scenarios for energy markets in Europe to evaluate the consistency of economic incentives and climate objectives. It focuses in particular on the role of natural gas across a range of climate policy scenarios (including the Copenhagen Pledges and the EU Roadmap)...

Persistent link: https://www.econbiz.de/10010701083

A Look Upstream: Electricity Market Restructuring, Risk, Procurement Contracts and Efficiency

Maria, Corrado Di; Lange, Ian A.; Lazarova, Emiliya - CESifo - 2014

This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated firms respond to this increase in uncertainty by...

Persistent link: https://www.econbiz.de/10011099762

Designing Fiscal Policy to Address the External Costs of Energy

Parry, Ian - CESifo - 2014

This paper first reviews the conceptual case for, and appropriate design of, fiscal policies to address major externalities associated with energy use—global warming, local air pollution, and various side effects (e.g., congestion) from motor vehicles. Techniques for (roughly) estimating the...

Persistent link: https://www.econbiz.de/10011099764

Trade with Endogenous Transportation Costs: The Value of LNG Exports

Oglend, Atle; Osmundsen, Petter; Kleppe, Tore Selland - CESifo - 2015

This paper investigates the economic value of trade when prices of transportation services are endogenous to cross-market price spreads. This is relevant for liquefied natural gas (LNG) exports. LNG transportation capacity is limited in the short-run, and long lead-times are involved in...

Persistent link: https://www.econbiz.de/10011185622

Modeling UK Natural Gas Prices when Gas Prices Periodically Decouple from the Oil Price

Asche, Frank; Oglend, Atle; Osmundsen, Petter - CESifo - 2015

When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences about cointegration relationships, price adjustments...

Persistent link: https://www.econbiz.de/10011194232

1
2
3
4
5
6
7
8
9
10
Next
Last