Economic Modelling of Climate Change and Energy Policies

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Carlos de Miguel, Xavier Labandeira Villot, Baltasar Manzano
Edward Elgar Publishing, Jan 1, 2006 - Business & Economics - 218 pages
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
 

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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
Index
212
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