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Energy intensity has declined significantly in four Chinese industries-pulp and paper; cement; iron and steel; and aluminum. While previous studies have identified technological change within an industry to be an important influence on energy intensity, few have examined how industry-specific...
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We use theoretical and numerical general equilibrium models to analyze the Regional Greenhouse Gas Emission Initiative (RGGI), a cap-and-trade scheme to limit carbon dioxide emissions from electricity generators across ten states in the northeast U.S. Although RGGI’s economic impacts are...
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This paper investigates the potential for developing countries to mitigate greenhouse gas emissions without slowing their expected economic growth. A theoretical frame- work is developed that unifies bottom-up marginal abatement cost curves and partial equilibrium techno-economic simulation...
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We develop a stylized two-sector analytical general equilibrium model of regional economic adjustment to widespread long-duration electric power outages. Algebraic solutions highlight the relative importance of costless inherent resilience and deliberate costly investment in backup...
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