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approach be as inexpensive as studies have suggested? We develop a method for estimating the costs of carbon sequestration by … estimating the opportunity costs of land on the basis of econometric evidence of landowners' behavior. The model incorporates … the marginal costs of carbon sequestration are highly non-linear and that those costs may be greater than previous studies …
Persistent link: https://www.econbiz.de/10014073506
providing policy makers with quantitative figures about the costs of carbon dioxide emissions, and their desirable reduction …
Persistent link: https://www.econbiz.de/10014172829
In this paper, we review the state-of-the-art and common practice of energy and climate modeling vis-a-vis the rebound literature. In particular, we study how energy system and economy wide models include and quantify rebound effects - the gap between actual and expected saving or the behavioral...
Persistent link: https://www.econbiz.de/10014108950
We evaluate incentives for residential energy upgrades in Italy using data from an original survey of Italian homeowners. In this paper, attention is restricted to heating system replacements, and to the effect of monetary and non-monetary incentives on the propensity to replace the heating...
Persistent link: https://www.econbiz.de/10010436650
This paper employs real option analysis to evaluate the investment project to adopt energy saving and carbon emission reduction technology. Sensitivity analysis and simulation outcomes highlight the respective roles of carbon price level and government support in the investment decision. That...
Persistent link: https://www.econbiz.de/10013011427
always decrease, consumers incur three to five times larger costs when solar is promoted but gain under RE policies promoting …
Persistent link: https://www.econbiz.de/10012954170
We extend the model of Fullerton, Karney, and Baylis (2012 working paper) to explore cost-effectiveness of unilateral climate policy in the presence of leakage. We ignore the welfare gain from reducing greenhouse gas emissions and focus on the welfare cost of the emissions tax or permit scheme....
Persistent link: https://www.econbiz.de/10013086612
This article constitutes a new contribution to the analysis of overlapping instruments to cover the same emission sources. Using both an analytical and a numerical model, we show that when the risk that the CO2 price drops to zero and the political unavailability of a CO2 tax (at least in the...
Persistent link: https://www.econbiz.de/10013089296
- in the form of Choquet-Brownian motions - on future costs and benefits over adopting environmental policies. …
Persistent link: https://www.econbiz.de/10011734956
With the United States’ reentry to the Paris Agreement, there is now consensus among the world's largest carbon emitters that emissions must be reduced. But there is still a radical lack of consensus on what regulations should be chosen to reduce carbon. Worse, there is also a radical...
Persistent link: https://www.econbiz.de/10013307945