Narrow search
Showing 1 - 10 of 320
Cover Image
Population Under a Cap on Greenhouse Gas Emissions
Bohn, Henning - 2013
A cap on greenhouse gas emissions makes total emissions a fixed common-property resource. Population increases under a cap are therefore self-limiting: a population increase raises labor and reduces emissions per unit of labor, which lowers incomes and fertility. Because a marginal birth under a...
Persistent link: https://www.econbiz.de/10013094745
Cover Image
Carbon Emissions Scenarios in Europe Based on an Endogenous Growth Model
Ciesielski, Anna - 2014
Carbon dioxide emissions are a major force driving climate change. We construct scenarios of CO2 emissions from fossil energy until 2100 in Europe. Major innovations are first that economic growth is based on an endogenous economic growth model and second that we calibrate our model to...
Persistent link: https://www.econbiz.de/10013046062
Cover Image
Addressing the Climate Problem : Choice between Allowances, Feed-In Tariffs and Taxes
Amundsen, Eirik S. - 2018
Instruments chosen to pursue climate related targets are not always efficient. In this paper we consider an economy with three climate related targets for its electricity generation: a given share of “green” electricity, a given expansion of “green” electricity, and a given reduction of...
Persistent link: https://www.econbiz.de/10012920348
Cover Image
A Ricardian Analysis of the Impact of Climate Change on European Agriculture
Van Passel, Steven - 2014
This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile...
Persistent link: https://www.econbiz.de/10013051384
Cover Image
Climate Policies : A Burden or a Gain?
Bréchet, Thierry; Tulkens, Henry - 2021
That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are substitutes. This brings climate policies naturally in the realm...
Persistent link: https://www.econbiz.de/10013315810
Cover Image
Total Costs and Budgetary Effects of Adaptation to Climate Change : An Assessment for the European Union
Osberghaus, Daniel; Reif, Christiane - 2021
adaptation costs in the EU, divided by impact sectors. The findings show an expectedly large public burden in the adaptation of …
Persistent link: https://www.econbiz.de/10013316180
Cover Image
How to Measure Financial Market Efficiency? A Multifractality-Based Quantitative Approach with an Application to the European Carbon Market
Sattarhoff, Cristina - 2018
This paper proposes a new measure for the evaluation of financial market efficiency, the so-called intermittency coefficient. This is a multifractality measure that can quantify the deviation from a random walk within the framework of the multifractal random walk model by Bacry et al. (2001b)....
Persistent link: https://www.econbiz.de/10012913274
Cover Image
Carbon Pricing in the EU : Evaluation of Different EU ETS Reform Options
Brink, Corjan - 2015
This paper studies various options to support allowance prices in the EU Emissions Trading System (ETS), such as … adjusting the cap, an auction reserve price, and fixed and variable carbon taxes in addition to EU ETS. We use a dynamic … at the EU Member State level. We find that both a variable carbon tax and an auction reserve price support effective …
Persistent link: https://www.econbiz.de/10013009840
Cover Image
Pass-through of CO<sub>2</sub> Emission Costs to Hourly Electricity Prices in Germany
Hintermann, Beat - 2014
I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...
Persistent link: https://www.econbiz.de/10013046575
Cover Image
Carbon Leakage : A Medium- and Long-Term View
Habermacher, Florian - 2015
Future market developments determine the fate of fossil fuel carbon currently conserved unilaterally. Dynamic fuel depletion naturally suggests leakage rates approaching 100%. Reasons for lower leakage differ from what limits rates in previous studies. Discounting reduces present-value leakage...
Persistent link: https://www.econbiz.de/10013026683