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double those of onshore wind. The result is explosive costs with little to show for either environmental or employment … benefits. Indeed, we document that the immense costs foreseen by Frondel and colleagues have materialized: Our updated estimate … growing at a rapid rate, these costs will continue to accumulate, diverting resources from more cost-effective climate …
Persistent link: https://www.econbiz.de/10010558555
nicht erreicht -, ein Verlust an Effizienz - v.a. in Form unnötiger Kosten - und gegebenenfalls weitere unerwünschte …
Persistent link: https://www.econbiz.de/10010877602
There is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse gases. I describe and analyze an up- stream, economy-wide CO2 cap-and-trade system which implements a gradual trajectory of emissions reductions (with...
Persistent link: https://www.econbiz.de/10004965193
There is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse gases. In this article, I propose and analyze a scientifically sound, economically rational, and politically feasible approach for the United States to...
Persistent link: https://www.econbiz.de/10004965203
The aim of this paper is to assess theoretical consequences of restructuring electricity markets on the environment. We examine changes in potential behaviours in consumption-side as well as in supply-side. We show that restructuring and following access to competition is not neutral from an...
Persistent link: https://www.econbiz.de/10005739848
Korea’s greenhouse gas emissions almost doubled between 1990 and 2005, the highest growth rate in the OECD area. Korea recently set a target of reducing emissions by 30% by 2020 relative to a “business as usual” baseline, implying a 4% cut from the 2005 level. Achieving this objective in a...
Persistent link: https://www.econbiz.de/10008492404
-efficient way. To achieve environmental goals at minimum cost across the economy the polluters should face the marginal costs of the …
Persistent link: https://www.econbiz.de/10009321199
price based on production costs to promote efficient energy use. Given market failures, the government has a role to play in …
Persistent link: https://www.econbiz.de/10011276862
The EU has committed itself to meet an 8% greenhouse gas (GHG) reduction target level following the Kyoto agreement. Therefore, the EU Commission has just proposed a new directive establishing a framework for GHG emissions trading within the European Union. This proposal is the outcome of a...
Persistent link: https://www.econbiz.de/10005424128
import costs of buying the EU’s renewable energy systems. …
Persistent link: https://www.econbiz.de/10005652468