-
Feeling the Heat? Analyzing Climate Change Sentiment in Spain using Twitter Data Resource and Energy Economics (IF 3.553) Pub Date : 2024-03-08 Maria L. Loureiro, Maria Alló
To shed light on the recent debate about climate change in this post-pandemic scenario, we take advantage of a unique dataset that combines geo-tagged social media data from Twitter in Spain from 2017-2022. Twitter conversations have been analyzed with natural language processing techniques to obtain sentiment scores related to climate change. These were merged with additional relevant control variables
-
The political economy of financing climate policy — Evidence from the solar PV subsidy programs Resource and Energy Economics (IF 3.553) Pub Date : 2024-02-28 Olivier De Groote, Axel Gautier, Frank Verboven
We analyze the political impact of a generous solar panel subsidization program. Subsidies far exceeded their social benefit and were partly financed by new taxes on adopters and by electricity surcharges for all consumers. We use local panel data from Belgium and find a decrease in votes for government parties in municipalities with high adoption rates. This shows that the voters’ punishment for a
-
The distributional effects of CO2 pricing at home and at the border on German income groups Resource and Energy Economics (IF 3.553) Pub Date : 2024-02-13 Michael Hübler, Malin Wiese, Marius Braun, Johannes Damster
While climate policy studies are widespread, fully fledged computable general equilibrium (CGE) model analyses of distributional policy effects are challenging because the required data and approaches are not directly available. To ease such distributional analyses, we provide a step-by-step “recipe” for disaggregating a country-specific representative consumer of a CGE model. Using this “recipe”,
-
When should the regulator be left alone in the commons? How fishing cooperatives can help ameliorate inefficiencies Resource and Energy Economics (IF 3.553) Pub Date : 2024-01-29 Juan Rosas-Munoz, Ana Espinola-Arredondo, Felix Munoz-Garcia
This paper examines a common-pool resource where quotas and fines are set by a regulator, an artisanal organization (cooperative), or both. We analyze the interaction between these two regulatory agencies under a flexible policy regime, where quotas and fines can be revised across periods, and under an inflexible policy regime, where they cannot. We show that inefficiencies arise in the inflexible
-
Domestic versus international emissions trading with capital mobility Resource and Energy Economics (IF 3.553) Pub Date : 2024-02-02 Haitao Cheng
We employ the footloose capital model to examine and compare how two countries decide on their emission permits non-cooperatively under domestic and international emissions trading in the presence of capital mobility. We find that even if two countries are symmetric and have the same carbon prices under domestic emissions trading, they can benefit from international emissions trading. This finding
-
Exclusion zones for renewable energy deployment: One man’s blessing, another man’s curse Resource and Energy Economics (IF 3.553) Pub Date : 2024-01-18 Paul Lehmann, Philip Tafarte
Exclusion zones, like protected areas or setback distances, are the most common policy instrument to mitigate environmental impacts of human land-use, including the deployment of renewable energy sources (RES). However, exclusion zones may also increase generation and environmental costs of RES deployment. This paper aims to understand and quantify these trade-offs. Using a simple analytical model
-
-
Discrete-continuous models of residential energy demand: A comprehensive review Resource and Energy Economics (IF 3.553) Pub Date : 2024-01-11 Michael Hanemann, Xavier Labandeira, José M. Labeaga, Felipe Vásquez-Lavín
This paper reviews forty years of research applying econometric models of discrete-continuous choice to analyze residential demand for energy. The review is primarily from the perspective of economic theory. We examine how well the utility-theoretic models developed in the literature match data that is commonly available on residential energy use, and we highlight the modeling challenges that have
-
The long-run value of electricity reliability in India Resource and Energy Economics (IF 3.553) Pub Date : 2024-01-11 Shefali Khanna, Kevin Rowe
This paper evaluates residential consumers’ electricity consumption and appliance investment responses to power outages from 2015 to 2019 in Delhi, India. Our empirical strategy takes advantage of features of the electricity distribution network in the service territory of one of Delhi’s regulated distribution utilities that exposes similar customers to plausibly exogenous annual variation in electricity
-
Climate policy with electricity trade Resource and Energy Economics (IF 3.553) Pub Date : 2023-12-23 Stefan Ambec, Yuting Yang
Trade reduces the effectiveness of climate policies such as carbon pricing when domestic products are replaced by more carbon-intensive imports. We investigate the impact of unilateral carbon pricing on electricity generation in a country open to trade through interconnection lines. We characterize the energy mix with intermittent renewable sources of energy (wind or solar power). Electricity trade
-
Energy transition and climate change abatement: A macroeconomic analysis Resource and Energy Economics (IF 3.553) Pub Date : 2023-12-19 Lucas Bretschger
The paper integrates the characteristics of regenerative energies into a dynamic macroeconomic model with climate change. Learning and economies of scale in new energy moderate the cost of emissions reductions and increase the speed of decarbonization. I provide closed-form analytical solutions for the development of regenerative energies, emissions, consumption, and population. The elasticity of substitution
-
Economic impacts of reducing methane emissions in British Columbia’s oil and natural gas sectors: Taxes vs technology standards Resource and Energy Economics (IF 3.553) Pub Date : 2023-12-09 Mallory Long, Patrick Withey, Dave Risk, Van Lantz, Chinmay Sharma
As countries reduce greenhouse gas emissions to fight the potential impacts of climate change, increasing attention is being paid to methane, which is roughly 34 times more potent than CO2 over a 100-year time span. Governments in many jurisdictions aim to reduce methane by 45–75% in oil and gas sectors by 2030. Methane reductions are often achieved by implementing new technologies and operational
-
Pollution-induced migration and environmental policy in an economic geography model Resource and Energy Economics (IF 3.553) Pub Date : 2023-12-05 María Victoria Caballero, María Pilar Martínez-García, José R. Morales
This paper develops a two-region New Economic Geography model with polluting firms subject to regional abatement policies. Pollution accumulates in the local environment and decreases the welfare of the population. We show that environmental policies have two opposing effects on welfare: they reduce nominal wages and increase environmental quality. If environmental regulations are equally strict in
-
The energy transition: A balancing act Resource and Energy Economics (IF 3.553) Pub Date : 2023-11-21 Natalia Fabra, Mar Reguant
As the need for drastic reductions in global greenhouse gas emissions becomes increasingly urgent, governments and policymakers are developing proposals for climate change policies that aim to achieve net-zero emissions. However, the challenge lies in determining the most effective way to operationalize this transformation. While cost efficiency is often emphasized as a desirable property, experience
-
Global non-sustainable harvest of renewable resources reduces their present price but increases their net present value Resource and Energy Economics (IF 3.553) Pub Date : 2023-11-20 Adam Lampert
Over-exploitation of natural resources is a major problem, and transitions to sustainable harvest are taking place worldwide. To determine the optimal harvesting strategy, including the optimal speed and approach to transition toward sustainable harvest, policymakers need to estimate the net present values of natural resources. Previous studies have shown that discounting reduces the future value of
-
Valuing urban nature through life satisfaction: The consistency of GIS and survey indicators of nature Resource and Energy Economics (IF 3.553) Pub Date : 2023-10-16 S.P. de Vries, G. Garcia Alvarez, W.J.W. Botzen, M. Bockarjova
This study estimates the relationships between green and blue nature and the life satisfaction (LS) of residents in the six largest cities in the Netherlands to monetize the value of urban nature. The analysis uses both survey and geographic information system (GIS) data on the availability of nature to examine the influence of this methodological choice on the valuation outcomes. The main findings
-
On the geography of vintage-specific restrictions Resource and Energy Economics (IF 3.553) Pub Date : 2023-10-11 Carlos Fardella, Nano Barahona, Juan-Pablo Montero, Felipe Sepúlveda
Persistent air-pollution problems have led authorities in many cities around the world to impose limits on car use by means of vintage-specific restrictions or low-emission zones. Any vintage restriction must establish not only the cars that face a restriction but also its geographic area of application. As a result of the restriction, a fraction of restricted cars are exported outside the restricted
-
Looking beyond time preference: Testing potential causes of low willingness to pay for fuel economy improvements Resource and Energy Economics (IF 3.553) Pub Date : 2023-10-04 Féidhlim P. McGowan, Eleanor Denny, Peter D. Lunn
Time preferences are considered a leading cause of the energy efficiency gap. We test two cognition-based mechanisms (concentration bias and underestimation bias) which are distinct from time preferences but can produce identical behaviour when costs are paid upfront and benefits are spread over time. We use an experiment that measures willingness-to-pay for an improvement in fuel economy to test the
-
Who bears the risk? Incentives for renewable electricity under strategic interaction between regulator and investors Resource and Energy Economics (IF 3.553) Pub Date : 2023-09-09 Peio Alcorta, Maria Paz Espinosa, Cristina Pizarro-Irizar
Energy policies for promoting investment in renewable energy sources have become crucial for deploying green energy technologies worldwide. Conventional incentive systems assign risk to either policymakers or investors. In this paper, we combine option theory and game theory to obtain optimal parameters for incentive schemes with different degrees of risk-sharing. We present an empirical application
-
Causal effects of Renewable Portfolio Standards on renewable investments and generation: The role of heterogeneity and dynamics Resource and Energy Economics (IF 3.553) Pub Date : 2023-09-04 Olivier Deschenes, Christopher Malloy, Gavin McDonald
Despite a 30-year long history, Renewable Portfolio Standards (RPS) remain controversial and debates continue to surround their efficacy in leading the low-carbon transition in the electricity sector. Contributing to the ongoing debates is the lack of definitive causal evidence on their impact on investments in renewable capacity and generation. This paper provides the most detailed analysis to date
-
Editorial Board Resource and Energy Economics (IF 3.553) Pub Date : 2023-09-01
Abstract not available
-
Accounting for unintended ecological effects of our electric future: Optimizing lithium mining and biodiversity preservation in the Chilean High-Andean wetlands Resource and Energy Economics (IF 3.553) Pub Date : 2023-08-30 Diana Roa, Ståle Navrud, Knut Einar Rosendahl
The intersection of mining activities and the preservation of fragile ecosystems presents a challenge, exemplified by the coexistence of lithium resources and the pristine High-Andean wetlands. In this study, we demonstrate the transformative potential of accounting for the intrinsic non-use values associated with these vital wetlands. By incorporating these values, we not only reshape optimal mining
-
Preferences on financing mechanisms for thermal retrofit measures in multi-owner buildings: A discrete choice experiment with landlords and owner-occupiers in France Resource and Energy Economics (IF 3.553) Pub Date : 2023-08-05 Valeria Fanghella, Marie-Charlotte Guetlein, Joachim Schleich, Carine Sebi
Thermal retrofit of existing buildings is a major challenge for the energy transition. Retrofitting multi-owner buildings is particularly challenging because it involves multiple co-owners with heterogeneous preferences and incentives to renovate. We conduct a discrete choice experiment on thermal retrofit measures with landlords and owner-occupiers of condominiums in multi-owner buildings in France
-
Irrigation technology adaptation for a sustainable agriculture: A panel endogenous switching analysis on the Italian farmland productivity Resource and Energy Economics (IF 3.553) Pub Date : 2023-08-03 Sabrina Auci, Andrea Pronti
Efficient water management in agricultural activities can improve local water resource conditions while enhancing farms’ economic performance. This paper analyses how farmers’ decisions to adopt innovative and sustainable irrigation systems, such as Water Conservation and Saving Technologies (WCSTs), would shape Italian farms’ economic resilience by improving land productivity. Using a Panel Endogenous
-
Closing wells: Fossil development and abandonment in the energy transition Resource and Energy Economics (IF 3.553) Pub Date : 2023-06-26 Inge van den Bijgaart, Mauricio Rodriguez
Despite ambitious climate goals and already substantial stocks of developed fossil energy reserves, development of new fossil energy reserves continues to be high. This raises concerns, as it reinforces the fossil industry’s opportunities and incentives to continue extraction, and may necessitate abandonment of developed fossil reserves to meet climate targets. In this paper, we analyze the energy
-
Optimal siting of onshore wind turbines: Local disamenities matter Resource and Energy Economics (IF 3.553) Pub Date : 2023-06-16 Paul Lehmann, Felix Reutter, Philip Tafarte
The deployment of onshore wind power is an important means to mitigate climate change. However, wind turbines also produce local disamenities to residents living next to them, mainly due to noise emissions and visual effects. Our paper analyzes how the presence of local disamenities affects the socially optimal siting of onshore wind power. The analysis builds on a spatial optimization model using
-
Editorial Board Resource and Energy Economics (IF 3.553) Pub Date : 2023-06-10
Abstract not available
-
Can Bitcoin mining increase renewable electricity capacity? Resource and Energy Economics (IF 3.553) Pub Date : 2023-06-03 August Bruno, Paige Weber, Andrew J. Yates
Proponents of Bitcoin argue that demand for electricity from Bitcoin miners can lead to an increase in renewable electricity capacity. We rigorously evaluate this claim by estimating a Bitcoin electricity demand curve and include this demand curve in a long-run model of the Texas electricity market. We find that while Bitcoin mining can indeed increase renewable capacity, it also increases carbon emissions
-
How should the use of nonrenewables be taxed under a public budget constraint? Resource and Energy Economics (IF 3.553) Pub Date : 2023-05-18 Julien Xavier Daubanes, Pierre Lasserre
Most developed countries will be facing severe public budget constraints. We examine how extraction or use of nonrenewable resources should be taxed when governments need to collect commodity tax revenues. Moreover, we show how our results can be directly used to indicate how carbon taxation of nonrenewable energy sources should be increased in the presence of public-revenue needs. The obtained tax
-
Tradable performance standards in a dynamic context Resource and Energy Economics (IF 3.553) Pub Date : 2023-05-18 Jonathon M. Becker
Many sectors of the economy that are targets of emissions reduction policy exhibit price-responsive demand, long-lived capital, capacity constraints, and foresighted decision-making. I explore how these features affect the efficiency and dynamics of tradable performance standards (TPS) using analytical and numerical equilibrium models. While I show these dynamic considerations alone do not lead to
-
Wood product differentiation in age-structured forestry Resource and Energy Economics (IF 3.553) Pub Date : 2023-05-16 Matti Laukkanen, Olli Tahvonen
We develop the classic market-level, age-structured forest model by extending the description of forestry output from homogenous wood to a set of differentiated outputs such as sawlogs and biofuels. The extension changes several most established results on the long-run sustainable market equilibrium of forestry. We show the existence of an optimal steady state with two (or more) simultaneous rotation
-
An environmental Decameron: Introducing the special issue on ‘Carbon pricing, energy efficiency and renewable policies for a decarbonised future’ Resource and Energy Economics (IF 3.553) Pub Date : 2023-05-15 Simone Borghesi, Corrado Di Maria
Abstract not available
-
Green monetary and fiscal policies: The role of consumer preferences Resource and Energy Economics (IF 3.553) Pub Date : 2023-04-29 Mohamed Tahar Benkhodja, Xiaofei Ma, Tovonony Razafindrabe
We establish a two-sector model to simulate the potential effects of green fiscal poli- cies and unconventional green monetary policy on the economy during a recovery or in case of a stimulus policy. We find that instruments such as a carbon tax, an implicit tax on brown loans, and a subsidy for the purchase of green goods are all beneficial to the green sector, in contrast to green quantitative easing
-
What makes green persuasion effective? Evidence from a community-financed sanitation program in Indonesia Resource and Energy Economics (IF 3.553) Pub Date : 2023-04-25 Hide-Fumi Yokoo, Tetsuya Harada
Understanding when and where face-to-face communication affects pro-environmental decisions is important for policymakers. We study a data set collected in a solicitation project intended to increase participation in a community-financed waste collection program in Indonesia. Two types of messages are developed and randomly assigned to 748 households. In addition, solicitors are randomly assigned to
-
Editorial Board Resource and Energy Economics (IF 3.553) Pub Date : 2023-04-11
Abstract not available
-
Dust storms and human well-being Resource and Energy Economics (IF 3.553) Pub Date : 2023-03-31 Benjamin A. Jones
Dust storms are extreme weather events that can lead to sharp short-duration reductions in environmental quality. Is the US and elsewhere, dust storms are becoming more frequent due to climate change and altered land-use patterns. However, our present understanding of their impacts to social welfare is limited. To address this gap, I undertake the first nationwide US study of dust storm impacts on
-
Sustainable per capita consumption under population growth Resource and Energy Economics (IF 3.553) Pub Date : 2023-04-03 Geir B. Asheim, John M. Hartwick, Rintaro Yamaguchi
We establish two investment rules for maximal constant per capita consumption under exogenous population growth, one in terms of total capital stocks and the other in terms of per capita capital stocks. Both rules show the importance of the development of future population growth. The investment rules are illustrated in the one-sector model of capital accumulation, the DHSS model of capital accumulation
-
Introduction to the SETI special issue Resource and Energy Economics (IF 3.553) Pub Date : 2023-03-24 Stefan Ambec, Céline Nauges, Subhrendu K. Pattanayak
Abstract not available
-
Coordination of sectoral climate policies and life cycle emissions Resource and Energy Economics (IF 3.553) Pub Date : 2023-03-11 Quentin Hoarau, Guy Meunier
Drastically reducing greenhouse gas emissions involves numerous specific actions in each sector of the economy. The costs and abatement potential of these measures are interdependent because of sectoral linkages. For instance, the carbon footprint of electric vehicles depends on the electricity mix. This issue has received large attention in the literature on Life Cycle Assessments (LCA). This paper
-
Hotelling and recycling Resource and Energy Economics (IF 3.553) Pub Date : 2023-02-28 Bocar Samba Ba, Raphael Soubeyran
We study the exploitation of recyclable exhaustible resources such as metals that are crucial for the energy transition or phosphorus that is crucial for agricultural production. We use a standard Hotelling model of resource exploitation that includes a primary sector and a recycling sector. We study two polar cases: competitive and monopolistic extraction. We show that, when the primary sector is
-
International production chains and the pollution offshoring hypothesis: An empirical investigation Resource and Energy Economics (IF 3.553) Pub Date : 2023-02-23 Aurélien Saussay, Natalia Zugravu-Soilita
Most analyses of the impact of heterogeneous environmental policy stringency on the location of industrial firms have considered the relocation of entire activities – the well-known pollution haven hypothesis. Yet international enterprises may decide to only offshore a subset of their production chain – the so-called pollution offshoring hypothesis (POH). We introduce a simple empirical approach to
-
Energy transition under mineral constraints and recycling: A low-carbon supply peak Resource and Energy Economics (IF 3.553) Pub Date : 2023-02-09 Simon Chazel, Sophie Bernard, Hassan Benchekroun
What are the implications of primary mineral constraints for the energy transition? Low-carbon energy production uses green capital, which requires primary minerals. We build on the seminal framework for the transition from a dirty to a clean energy in Golosov et al. (2014) to incorporate the role played by primary minerals and their potential recycling. We characterize the optimal paths of the energy
-
Editorial Board Resource and Energy Economics (IF 3.553) Pub Date : 2023-01-18
Abstract not available
-
Extraction rights allocation with liquidity constraints Resource and Energy Economics (IF 3.553) Pub Date : 2022-12-21 Jorge Holzer, Kenneth McConnell
We study the optimal allocation of a resource in a second-best world in which parties may be liquidity-constrained due to credit frictions and capital market imperfections. In this setting, common to various natural resource industries, agents are unable to bid more than their budget regardless of their valuation. While auction markets are widely used mechanisms for allocating natural resource extraction
-
Willingness-to-pay for urban ecosystem services provision under objective and subjective uncertainty Resource and Energy Economics (IF 3.553) Pub Date : 2022-12-14 Helen J. Davies, Hangjian Wu, Marije Schaafsma
There is growing concern that failure to acknowledge the risk and uncertainty surrounding ecosystem services (ES) delivery could have adverse effects on support for ES policy intervention in the long run. However, acknowledging risk may reduce support for policy interventions in the short term. In this paper, we sought to determine whether willingness-to-pay (WTP) for urban forest ES in Southampton
-
Optimal policy for environmental goods trade in asymmetric oligopolistic eco-industries Resource and Energy Economics (IF 3.553) Pub Date : 2022-11-29 Yasuyuki Sugiyama, Yungho Weng, Kenzo Abe
In this paper, we examine the optimal structure of an environmental tax to pollution, a production subsidy to a domestic eco-industry, and an import tariff on environmental goods (EGs) in a two-country model where the home country imports EGs from the foreign country. Home and foreign firms that produce EGs engage in Cournot competition. We then assume that the number of the home local firms which
-
Corrigendum to “Exploring the shelf-life of travel cost methods of valuing recreation for benefits transfer” [Resour. Energy Econ. 63 (2021) 101123] Resource and Energy Economics (IF 3.553) Pub Date : 2022-10-26 Xiaoyang He, Muhammad Jawad Khan, Elizabeth M. Spink, Gregory L. Poe
Abstract not available
-
Editorial Board Resource and Energy Economics (IF 3.553) Pub Date : 2022-10-12
Abstract not available
-
Home country bias in international emissions trading: Evidence from the EU ETS Resource and Energy Economics (IF 3.553) Pub Date : 2022-10-04 Beat Hintermann, Markus Ludwig
We examine the pattern of allowance trades in the European Union Emissions Trading System (EU ETS) using highly disaggregated trading data and identify a significant and robust home market bias. Our results point to informational transactions costs that increase when trading across national borders. The existing trade pattern in goods and services explains two thirds of the home bias, with the remainder
-
Discerning trends in international metal prices in the presence of nonstationary volatility Resource and Energy Economics (IF 3.553) Pub Date : 2022-09-13 Tony Addison, Atanu Ghoshray
In this paper, we develop an empirical framework that allows us to trace out a time path of metal prices. This framework shows that unpredictable shifts in demand, extraction costs and discovery of reserves, make estimation of the slope of this underlying trend an empirical question. Further, the low elasticity of demand and supply cause large volatility in the prices, which makes estimation of the
-
Rural access to electricity and welfare outcomes in Rwanda: Addressing issues of transitional heterogeneities and between and within gender disparities Resource and Energy Economics (IF 3.553) Pub Date : 2022-08-23 Philip Kofi Adom, Aimable Nsabimana
The literature on the impact of electricity access are generally inconclusive. Potential causes include geographical differences, limited external validity (due to the focus on small-scale projects) and self-selection bias (due to not accounting for observed and unobserved heterogeneities) of some studies. Moreover, a large part of the literature on energy-gender nexus addresses between-gender instead
-
Smoothing the curve: An estimation of the cost of demand variation and the impact of solar and wind Resource and Energy Economics (IF 3.553) Pub Date : 2022-08-24 Alexander Hill
Using electrification to decarbonize the energy sector potentially alters the pattern of electricity demand. This paper leverages a unique RTO-level, hourly dataset to identify the impact of exogenous changes in load on electricity supply costs. An increase in load variation of 5 % is associated with a 7.35 % increase in the cost of electricity supply. Higher solar and wind generation in a region is
-
Understanding the resistance to carbon taxes: Drivers and barriers among the general public and fuel-tax protesters Resource and Energy Economics (IF 3.553) Pub Date : 2022-08-22 Jens Ewald, Thomas Sterner, Erik Sterner
Carbon taxes are generally well accepted in countries with significant experience thereof but there is still public resistance to raising them. We study attitudes toward carbon taxation and other environmental policy instruments in Sweden. We survey a national sample of the population as well as members of a large political movement that protests fuel taxes. Our results show that the motivations in
-
Financing renewables in the age of falling technology costs Resource and Energy Economics (IF 3.553) Pub Date : 2022-08-22 Karsten Neuhoff, Nils May, Jörn C. Richstein
Cost of renewable energies have dropped, approaching wholesale power price levels. As a result, the role of renewable energy policy design is shifting – from covering incremental costs towards facilitating risk-hedging. An analytical model of the financing structure of renewable investment projects is developed to assess this effect und used to compare different policy design choices: contracts for
-
Exposure to wind turbines, regional identity and the willingness to pay for regionally produced electricity Resource and Energy Economics (IF 3.553) Pub Date : 2022-08-22 Elke D. Groh
To reduce greenhouse gas emissions the expansion of renewable energies is vital. However, negative externalities in the regions where wind turbines are installed raise local opposition. A promising way to promote the installation of regional energy plants is the use of regional electricity labels. This paper examines if there is a willingness to pay for regionally produced electricity and whether the
-
Entry, location, and optimal environmental policies Resource and Energy Economics (IF 3.553) Pub Date : 2022-07-26 Manuel Estay, John K. Stranlund
We investigate the problem of choosing environmental regulations to control a multilateral, spatially heterogeneous pollution externality. There are three sources of inefficiency in this problem; the number of firms, their locations and their production/emissions levels. A first-best policy requires three instruments to address each of the sources of inefficiency, but such policies are not practical
-
Editorial Board Resource and Energy Economics (IF 3.553) Pub Date : 2022-07-12
Abstract not available
-
Optimal federal co-regulation of renewable energy deployment Resource and Energy Economics (IF 3.553) Pub Date : 2022-06-25 Jan-Niklas Meier, Paul Lehmann
In federally organized countries the allocation of renewable energy (RE) deployment is regulated by national and subnational governments. We analyze the efficiency of this federal co-regulation when different types of policy instruments – price and quantity – are applied at different government levels. Using an analytical model with two government levels, we show that efficient federal co-regulation
-
Which “second-best” climate policies are best? Simulating cost-effective policy mixes for passenger vehicles Resource and Energy Economics (IF 3.553) Pub Date : 2022-06-18 Chandan Bhardwaj, Jonn Axsen, David McCollum
In the real-world of political opposition and complex market failures, carbon pricing alone will not achieve deep GHG mitigation targets. Hence, we search for the most cost-effective “second-best” policies. Focusing on the light-duty vehicle sector in the case of Canada, we compare several policies in terms of effectiveness (regarding 2030 GHG goals) and mitigation costs, namely: (i) a carbon tax;
-
Non-monetary incentives for sustainable biomass harvest: An experimental approach Resource and Energy Economics (IF 3.553) Pub Date : 2022-06-10 May Attallah, Jens Abildtrup, Anne Stenger
In this article, we use a contextualized lab experiment to test the effect of non-monetary incentives that can guide harvest professionals into adopting new sustainable harvesting practices. First, we test the effect of signing a declaration that commits wood buyers who voluntarily sign it to act in a sustainable manner. Second, we test the effect of priming by activating a concept of sustainability