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EU climate and energy policy beyond 2020 : are additional targets and instruments for renewables economically reasonable?

Sijm, Jos; Lehmann, Paul; Chewpreecha, Unnada; Gawel, Erik - 2014

The European Council has proposed to stick to a more ambitious GHG target but to scrap a binding RES target for the post-2020 period. This is in line with many existing assessments which demonstrate that additional RES policies impair the cost-effectiveness of addressing a single CO2...

Persistent link: https://www.econbiz.de/10010426004

Is there really a green paradox?

Ploeg, Frederick van der; Withagen, Cees - 2012 - Revised 21 June 2012

of renewables, stock-dependent oil extraction costs and convex climate damages. Weconcentrate on economies with an … plus scarcity rent and social cost of carbon) below thatof renewables. There are then two regimes. If the oil stock is … small, the social optimum path consists of aninitial oil-only phase followed by a renewables-only phase. With a lower cost …

Persistent link: https://www.econbiz.de/10011380023

The Market Impact and the Cost of Environmental Policy: Evidence from the Swedish Green Car Rebate

Huse, Cristian; Lucinda, Claudio - Volkswirtschaftliche Fakultät, … - 2013

We quantify the effects of the Swedish GCR, a program to reduce oil dependence and greenhouse gas emissions in the automobile industry. We find the GCR to increase the market shares of `green cars' and its cost to be $109/tonCO2 saved, thus 5 times the price of an emission permit. Since the main...

Persistent link: https://www.econbiz.de/10011109735

Fast and Furious (and Dirty): How Asymmetric Regulation May Hinder Environmental Policy

Huse, Cristian - Volkswirtschaftliche Fakultät, … - 2014

In the first year after the inception of the Swedish Green Car Rebate (GCR), green cars had carved over 25 percent market share in the new vehicle market, an effect of unprecedented scale if compared to recent policies incentivizing the purchase of fuel-efficient vehicles. By awarding vehicles...

Persistent link: https://www.econbiz.de/10011110040

The Economics of Biofuels

Lundgren, Tommy; Marklund, Per-Olov; Brannlund, Runar; … - In: International Review of Environmental and Resource Economics 2 (2008) 3, pp. 237-280

Biofuels are increasingly regarded as energy sources with the potential to solve diverse problems related to serious concerns, including climate change, environmental degradation, energy supply, and energy security. Here we examine biofuels, primarily biofuels used for transportation (e.g.,...

Persistent link: https://www.econbiz.de/10010990881

Regional Regulatory Initiatives Addressing GHG Leakage in the USA

Bluemel, Erik B. - 2009

This chapter describes some of the major regional GHG cap-and-trade initiatives in the United States, defines the problem of emissions leakage in the context of regional GHG regulation, identifies the various approaches employed by the regional GHG cap-and-trade regimes in the United States to...

Persistent link: https://www.econbiz.de/10014046750

A Comparison between Shale Gas in China and Unconventional Fuel Development in the United States : Water, Environmental Protection, and Sustainable Development

Farah, Paolo Davide; Tremolada, Riccardo - 2016

China is believed to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental, and investment-related issues will likely restrain its exploitation. China's capacity to face these hurdles successfully and produce commercial shale gas will have...

Persistent link: https://www.econbiz.de/10014126581

Environmental Policy and Renewable Energy in an Imperfectly Competitive Market

Haupt, Alexander - 2023

This paper analyses an electricity market in which a monopolist that employs fossil-fuel base-load and peak-load technologies competes against a fringe of renewable energy (RE) generators. The optimal technology and electricity mix can be decentralised by levying technology-dependent capacity...

Persistent link: https://www.econbiz.de/10014347015

Environmental innovation in Germany

Hašc̆ic̆, Ivan - 2012

This paper reviews the recent experience of Germany in encouraging innovation to reduce negative environmental impacts of economic activity. The essence of the German approach to policy-induced environmental innovation is discussed in the context of changing policy objectives, and illustrated...

Persistent link: https://www.econbiz.de/10009685842

Optimally differentiated carbon prices for unilateral climate policy

Boeters, Stefan - 2013

Economic thought on climate policy as an instance of environmental regulation is strongly influenced by the principle of a uniform carbon price. Economists acknowledge that this principle breaks down in a second-best world with other distortions, such as taxes and market power in domestic and...

Persistent link: https://www.econbiz.de/10010343780