Economic Modelling of Climate Change and Energy PoliciesCarlos de Miguel, Xavier Labandeira Villot, Baltasar Manzano Climate change and energy consumption are at the forefront of current environmental debate. While energy is essential to the functioning and survival of our societies, the environmental impact that energy consumption is having, particularly on climate cha |
Contents
1 Introduction and overview | 1 |
on Ucurves without Uturns | 9 |
some theory and evidence | 24 |
A system in transition | 45 |
5 Harmonizing emission allocation What are the equity consequences for the sectors in and outside the EUtrading scheme | 65 |
6 The effects of a sudden CO₂ reduction in Spain | 79 |
7 An assessment of the consequences of the European emissions trading scheme for the promotion of renewable electricity in Spain | 93 |
8 Efficient verification of firm data under the EU emissions trading system | 109 |
9 Induced technological change and slow energy capital stock turnover in an optimal CO₂ abatement model | 129 |
10 Indeterminacy and optimal environmental public policies in an endogenous growth model | 147 |
11 Energysaving technological progress in a vintage capital model | 166 |
12 Oil shocks and the business cycle in Europe | 180 |
13 Energy transitions and policy design in a GPT setting with cyclical growth through basic and applied RD | 196 |
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Other editions - View all
Economic Modelling of Climate Change and Energy Policies Carlos de Miguel,Xavier Labandeira Villot,Baltasar Manzano No preview available - 2006 |
Common terms and phrases
aggregate allocation function analysis analyze applied R&D assume audit probability basic R&D Böhringer business cycle capital carbon price carbon tax carbon-based climate change CO₂ CO2 emissions compliance costs consumption cost curve countries decreasing effects efficient emissions trading emissions trading scheme Energy Policy energy prices Environmental Economics environmental policy environmental quality EPPA equation equilibrium model ETS Directive European Commission European Union exogenous expected Figure firms fuel fulfillment factor global GPT's green certificate greenhouse gas harmonization higher impact implement increase indeterminacy inertia initial abatement Journal of Economic Kuznets Curve Kyoto Protocol marginal cost mechanisms Montero National Allocation Plans NDIR sectors non-carbon-based oil prices optimal tax output Paltsev parameters path penalty percent period permits market pollution premiums production Program real business cycle regulator relative renewable Scenario scrapping age simulation Spain Spanish substitution target tCO2 technological change verification welfare