Showing 1 - 10 of 125,682
study this question in the context of the rapid rise in energy prices caused by the Russian invasion of Ukraine in February …% increase in the price of energy. This finding holds in multiple contexts and across various robustness checks. Supplementary … survey evidence suggests that people believe the energy price increases are temporary, not permanent. …
Persistent link: https://www.econbiz.de/10013547712
Persistent link: https://www.econbiz.de/10011847955
Persistent link: https://www.econbiz.de/10014423751
transfer scheme called "gas price brake." A unique feature of this energy price relief measure is that both households and the … industry receive a transfer that increases in one's actual gas price. In a formal model, we show that such a transfer scheme … overcome this adverse effect of the gas price brake. An equivalent critique applies to the electricity price brake that is to …
Persistent link: https://www.econbiz.de/10013473667
In the aftermath of the Russian invasion in Ukraine and rising gas prices, the "gas Price brake" was implemented in … comparable gas markets, where one country (Germany) has implemented the gas price brake and the other (Austria) has not. Our … findings support the theoretical prediction, indicating that the gas price brake led to an increase in total annual gas costs …
Persistent link: https://www.econbiz.de/10015117420
Fossil-fuel subsidies are economically inefficient and harmful for the environment yet efforts to phase them out at the national and international levels have not been effective. The existing international legal framework is too weak and fragmented to support this process and an international...
Persistent link: https://www.econbiz.de/10011447374
Persistent link: https://www.econbiz.de/10015323346
Germany and Russia have similar subsidy levels in the OECD inventory, the national net carbon price in Germany is 50 €/tCO2 …, while producer subsidies lead to a negative net carbon price of -6€/tCO2 in Russia. Our results illustrate that raising … national and sectoral net carbon prices for the top six emitters (China, US, India, Russia, Japan and Germany) and for Poland …
Persistent link: https://www.econbiz.de/10012518092
perverse and contradictory effects. Most importantly, we show how biofuel policies established the crop-energy price link and …
Persistent link: https://www.econbiz.de/10013034919
Persistent link: https://www.econbiz.de/10002616038