Now showing items 1-8 of 8
Modeling economy-wide vs sectoral climate policies using combined aggregate-sectoral models
(Energy Journal, 2006-07-25)
Economic analyses of climate change policies frequently focus on reductions of energy-related carbon dioxide emissions via market-based, economy-wide policies. The current course of environment and energy policy debate in ...
Modeling endogenous technological change for climate policy analysis
(Energy Economics, 2008-11-01)
The approach used to model technological change in a climate policy model is a critical determinant of its results in terms of the time path of CO2 prices and costs required to achieve various emission reduction goals. We ...
Designing Climate Mitigation Policy
Discounting the Benefits of Climate Change Policies Using Uncertain Rates
Evaluating environmental policies, such as the mitigation of greenhouse gases, frequently requires balancing near-term mitigation costs against long-term environmental benefits. Conventional approaches to valuing such investments ...
Discounting the distant future: How much do uncertain rates increase valuations?
(Journal of Environmental Economics and Management, 2003-07-01)
We demonstrate that when the future path of the discount rate is uncertain and highly correlated, the distant future should be discounted at significantly lower rates than suggested by the current rate. We then use two centuries ...
Carbon mitigation costs for the commercial building sector: Discrete-continuous choice analysis of multifuel energy demand
(Resource and Energy Economics, 2008-12-01)
We estimate a carbon mitigation cost curve for the U.S. commercial sector based on econometric estimation of the responsiveness of fuel demand and equipment choices to energy price changes. The model econometrically estimates ...