Making decisions about optimal investments in green infrastructure necessitates setting social discount rates. This paper suggests a practical way for determining the discount rate for projects or programmes in which one of the options is to maintain or improve land in its natural state. We...

Climate change is one of the greatest challenges facing human kind. Urgent policy action is needed. Climate change policies are mainly being discussed at international level by means of the United Nations Conventions and the Kyoto Protocol. However, the bulk of the impact will be felt at...

Climate change has played an increasingly key role in recent years and is now one of the leading political priorities worldwide. This article illustrates the scope of the problem, its causes and its impacts, along with the possible solutions that are being considered on the international stage....

This article uses the hedonic approach to estimate how much is paid for the energy efficiency label on the dishwasher market in Spain. The estimated figure is 15.6% of the final price. This accounts for about 80€ of the average price. We use this estimate combined with a demand systems to...

In this paper we evaluate two alternative CCS technologies of a coal-fired power plant from an investorâ€Ââ„¢s point of view. The first technology uses CO2 for enhanced oil recovery (EOR) paired with storage in deep saline formations (DSP) and the second one just stores CO2...

The potential of taxation to correcting environmental externalities has been long recognized among economists. Yet, this welfare-enhancing policy commonly faces strong opposition by citizens. Conversely, externality-correcting subsidies frequently enjoy high levels of public acceptance. We...

Energy labels are used to promote the purchase of efficient appliances. Many countries in Europe use subsidies (namely energy efficiency rebates) to support these purchases as it is the case of Spain. A figure ranging from 50 to 105€ subsidy has been granted in the past for the acquisition...

Subsidies to promote the purchase of energy-efficient household appliances have been extensively used in many countries. This paper deals with the case of the Spanish rebate scheme, and proposes the use of both subsidies and taxes as a more effective way of promoting efficient appliances. The...

This paper estimates the economic value that consumers place on energy efficiency (EE) labels for appliances in the Spanish market. It uses the hedonic method to calculate the price premium paid in the market for that attribute isolated from others. Furthermore, the Quantity Based Demand...

This article uses the hedonic pricing method to estimate the price premium paid for the highest energy-efficiency label (A+) in the refrigerators market of the Basque Autonomous Community (Spain). The estimated figure is 8.9% of the final price or about 60 euro, which represents one third of the...