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Hassler, John; Sinn, Hans-Werner - C.E.P.R. Discussion Papers - 2012

We build a two-sector dynamic general equilibrium model with one-sided substitutability between fossil carbon and biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an inital pre-industrial phase to three following phases: a pure fossil...

Persistent link: https://www.econbiz.de/10011083327

What Should we Expect from Innovation? A Model-Based Assessment of the Environmental and Mitigation Cost Implications of Climate-Related R&D

Bosetti, Valentina; Carraro, Carlo; Duval, Romain; … - C.E.P.R. Discussion Papers - 2010

innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies … technical progress in the energy sector. We evaluate a range of innovation policies, both as a stand-alone instrument and in … combination with other mitigation policies. Even under fairly optimistic assumptions about the funding available for, and the …

Persistent link: https://www.econbiz.de/10008468637

Abandoning Fossil Fuel: How Fast And How Much?

Rezai, Armon; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2014

Climate change must deal with two market failures, global warming and learning by doing in renewable use. The social optimum requires an aggressive renewables subsidy in the near term and a gradually rising carbon tax which falls in long run. As a result, more renewables are used relative to...

Persistent link: https://www.econbiz.de/10011084685

The Argentina Paradox: Microexplanations and Macropuzzles

Taylor, Alan M. - C.E.P.R. Discussion Papers - 2014

The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...

Persistent link: https://www.econbiz.de/10011083510

The Political Economy of Coal Subsidies in Europe

Anderson, Kym - C.E.P.R. Discussion Papers - 1995

policies when they are so wasteful of resources and damaging to the environment. Several new and offsetting political forces …

Persistent link: https://www.econbiz.de/10005504664

Second-Best Carbon Taxation in the Global Economy: The Green Paradox and Carbon Leakage Revisited

van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2015

cumulative emissions is strong enough. If the current carbon tax is too low, the second-best future carbon tax is set below the …

Persistent link: https://www.econbiz.de/10011262885

Innovative Activity in Wind and Solar Technology: Empirical Evidence on Knowledge Spillovers Using Patent Data

Braun, Frauke G; Schmidt-Ehmcke, Jens; Zloczysti, Petra - C.E.P.R. Discussion Papers - 2010

This paper studies technological change in renewable energies, providing empirical evidence on the determinants of innovative activity with a special emphasis on the role of knowledge spillovers. We investigate two major renewable energy technologies wind and solar across a panel of 21 OECD...

Persistent link: https://www.econbiz.de/10008468596

Intergenerational inequality aversion, growth and the role of damages: Occam’s rule for the global carbon tax

Rezai, Armon; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2014

We use the Euler equation to put forward a back-on-the-envelope rule for the global carbon tax based on a two-box carbon cycle with temperature lag, and a constant elasticity of marginal damages with respect to GDP. This tax falls with time impatience and intergenerational inequality aversion...

Persistent link: https://www.econbiz.de/10011096102

Weather and Infant Mortality in Africa

Kudamatsu, Masayuki; Persson, Torsten; Strömberg, David - C.E.P.R. Discussion Papers - 2012

We estimate how random weather fluctuations affected infant mortality across 28 African countries in the past, combining high-resolution data from retrospective fertility surveys (DHS) and climate-model reanalysis (ERA-40). We find that infants were much more likely to die when exposed in utero...

Persistent link: https://www.econbiz.de/10011083660

Energy and Climate Change in China

Carraro, Carlo; Massetti, Emanuele - C.E.P.R. Discussion Papers - 2012

This paper examines future energy and emissions scenarios in China generated by the Integrated Assessment Model WITCH …. A Business-as-Usual scenario is compared with five scenarios in which Greenhouse Gases emissions are taxed, at different … levels. The elasticity of China’s emissions is estimated by pooling observations from all scenarios and compared with the …

Persistent link: https://www.econbiz.de/10011084331