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From Hotelling To Backstop Technology


From Hotelling To Backstop Technology
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From Hotelling To Backstop Technology


From Hotelling To Backstop Technology
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Author : Amnon Levy-Livermore
language : en
Publisher:
Release Date : 2000

From Hotelling To Backstop Technology written by Amnon Levy-Livermore and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Nonrenewable natural resources categories.




Unilateral Climate Policy Asymmetric Backstop Adoption And Carbon Leakage In A Two Region Hotelling Model


Unilateral Climate Policy Asymmetric Backstop Adoption And Carbon Leakage In A Two Region Hotelling Model
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Author : Edwin van der Werf
language : en
Publisher:
Release Date : 2015

Unilateral Climate Policy Asymmetric Backstop Adoption And Carbon Leakage In A Two Region Hotelling Model written by Edwin van der Werf and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.


We study backstop adoption and carbon dioxide emission paths in a two-region model with unilateral climate policy and non-renewable resource consumption. The regions have an equal endowment of the internationally tradable resource and a backstop technology. We first study the case of a unilateral stock constraint (e.g. a 450 ppmv carbon dioxide concentration target), and show that the non-abating region makes the final switch to the backstop before the abating region does, though the latter region has two disjoint phases of backstop use if its marginal cost is sufficiently low. Furthermore, we show that the abating region has an inverse N-shaped emission path, with growing emissions in the period for which the ceiling is binding. In addition, there is a phase in which this region has a positive carbon price, but higher emissions than the non-abating region. With a global intertemporal carbon budget instead of a stock constraint, the order of definite backstop adoption is reversed and the abating region's emissions are always lower. We also show that unilateral climate policy does not lead to international carbon leakage.



Scarce Natural Resources Recycling Innovation And Growth


Scarce Natural Resources Recycling Innovation And Growth
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Author : Markus Merz
language : en
Publisher: Springer
Release Date : 2015-12-09

Scarce Natural Resources Recycling Innovation And Growth written by Markus Merz and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-09 with Business & Economics categories.


This thesis uses neoclassical growth models to evaluate what effect the limited availability of nonrenewable resources has on the economy’s (world’s) growth potential. Markus Merz concludes that recycling may serve as a mid-term solution to continued growth, but technological progress is needed in the long-run. The theoretical analysis starts with the well-known Dasgupta-Heal model and considers the effect of recycling and technological progress on the resource constraints; resource-augmenting and backstop technology are analyzed. After a thorough analysis of the models it is concluded that the ultimate solution to long-term economic growth is a backstop technology.



Coordinating Public And Private Sustainability


Coordinating Public And Private Sustainability
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Author : Roy Partain
language : en
Publisher: Routledge
Release Date : 2019-11-12

Coordinating Public And Private Sustainability written by Roy Partain and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-12 with Law categories.


This book demonstrates the need to coordinate private and corporate actors with national and global sustainable climate policies, with conventions in the spheres of green energy laws, as well as from the spheres of commercial, trade, and other private law. While many states have joined together in the Paris Agreements in support of green energy policies, it remains a stark reality that most of the efforts to reduce greenhouse emissions remain with private actors who operate the various industries, vehicles, and vessels that emit the gases in target. The risks of anthropogenic climate change cannot be solved by environmental law alone and will need complementary support from commercial, corporate, and private law. However, aspects of commercial law, securities law, and trade law can be shown to frustrate certain aspects of green energy policies, resulting in damaging "green paradoxes". It raises issues associated with corporate social responsibility and green paradoxes, with international trade laws, and with liability risks for misrepresenting the state of feasible green energy technologies. The book will be of interest to students and scholars in the fields of energy law, environmental law, and corporate law.



A Guide To Modern Economics


A Guide To Modern Economics
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Author : Michael Bleaney
language : en
Publisher: Routledge
Release Date : 1996-07-04

A Guide To Modern Economics written by Michael Bleaney and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-07-04 with Business & Economics categories.


This work provides a valuable review of the most important developments in economic theory and application over the last decade. Comprising twenty-seven specially commissioned overviews, the volume presents a comprehensive and student-friendly guide to contemporary economics. Previously published by Routledge as part of the Companion to Contemporary Economic Thought, these essays are made available here for the first time in a concise paperback edition. A Guide to Modern Economics will be a valuable guide to all those who wish to familiarize themselves with the most recent developments in the discipline.



Strategic Development Of A Backstop Technology


Strategic Development Of A Backstop Technology
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Author : Trond Egil Olsen
language : en
Publisher:
Release Date : 1986

Strategic Development Of A Backstop Technology written by Trond Egil Olsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Cartels categories.




Principles Of Commodity Economics And Finance


Principles Of Commodity Economics And Finance
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Author : Daniel P. Ahn
language : en
Publisher: MIT Press
Release Date : 2019-04-09

Principles Of Commodity Economics And Finance written by Daniel P. Ahn and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-09 with Business & Economics categories.


A rigorous but practical introduction to the economic, financial, and political principles underlying commodity markets. Commodities have become one of the fastest growing asset classes of the last decade and the object of increasing attention from investors, scholars, and policy makers. Yet existing treatments of the topic are either too theoretical, ignoring practical realities, or largely narrative and nonrigorous. This book bridges the gap, striking a balance between theory and practice. It offers a solid foundation in the economic, financial, and political principles underlying commodities markets. The book, which grows out of courses taught by the author at Columbia and Johns Hopkins, can be used by graduate students in economics, finance, and public policy, or as a conceptual reference for practitioners. After an introduction to basic concepts and a review of the various types of commodities—energy, metals, agricultural products—the book delves into the economic and financial dynamics of commodity markets, with a particular focus on energy. The text covers fundamental demand and supply for resources, the mechanics behind commodity financial markets, and how they motivate investment decisions around both physical and financial portfolio exposure to commodities, and the evolving political and regulatory landscape for commodity markets. Additional special topics include geopolitics, financial regulation, and electricity markets. The book is divided into thematic modules that progress in complexity. Text boxes offer additional, related material, and numerous charts and graphs provide further insight into important concepts.



Companion To Contemporary Economic Thought


Companion To Contemporary Economic Thought
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Author : Michael Bleaney
language : en
Publisher: Routledge
Release Date : 1992-01-09

Companion To Contemporary Economic Thought written by Michael Bleaney and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-01-09 with Business & Economics categories.


* 41 in-depth essays cover current economic theory and applied economics in a single, comprehensive volume * Interfaces section considers economics as it relates to other disciplines * Extensive notes, bibliographies and suggestions for further reading; detailed index of Topics and People `A treasure-house of stimulating argument and vast amounts of, mostly, well marshalled information. The market for general survey volumes, while already crowded, should surely find room for this offering.' - The World Economy `The work under review scores very high marks.' - The Economic Journal `The chapters are written by people who are excellently qualified and frequently well-known in their field ... The book's strengths lie in the range of contributors, the very high quality of most of the contributors and its emphasis on applied economics. For these reasons alone it is an important book, which will be invaluable both to students and to economists wishing to learn about developments in other branches of their discipline.' - Economica



Carbon Markets Or Climate Finance


Carbon Markets Or Climate Finance
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Author : Axel Michaelowa
language : en
Publisher: Routledge
Release Date : 2012-01-16

Carbon Markets Or Climate Finance written by Axel Michaelowa and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-16 with Business & Economics categories.


This book builds on a decade-long experience with mechanisms provided by the Kyoto Protocol and the UN Framework Convention on Climate Change. It discusses the challenges of climate finance in the context of the post-Copenhagen negotiations and provides a long-term outlook of how climate finance in developing countries could develop. Written by climate finance experts from academia, carbon finance businesses and international organisations, the book provides background, firsthand insights, case studies and analysis into the complex subject area of climate finance.



The Green Paradox


The Green Paradox
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Author : Hans-Werner Sinn
language : en
Publisher: MIT Press
Release Date : 2012-02-03

The Green Paradox written by Hans-Werner Sinn and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-03 with Business & Economics categories.


A leading economist develops a supply-side approach to fighting climate change that encourages resource owners to leave more of their fossil carbon underground. The Earth is getting warmer. Yet, as Hans-Werner Sinn points out in this provocative book, the dominant policy approach—which aims to curb consumption of fossil energy—has been ineffective. Despite policy makers' efforts to promote alternative energy, impose emission controls on cars, and enforce tough energy-efficiency standards for buildings, the relentlessly rising curve of CO2 output does not show the slightest downward turn. Some proposed solutions are downright harmful: cultivating crops to make biofuels not only contributes to global warming but also uses resources that should be devoted to feeding the world's hungry. In The Green Paradox, Sinn proposes a new, more pragmatic approach based not on regulating the demand for fossil fuels but on controlling the supply. The owners of carbon resources, Sinn explains, are pre-empting future regulation by accelerating the production of fossil energy while they can. This is the “Green Paradox”: expected future reduction in carbon consumption has the effect of accelerating climate change. Sinn suggests a supply-side solution: inducing the owners of carbon resources to leave more of their wealth underground. He proposes the swift introduction of a “Super-Kyoto” system—gathering all consumer countries into a cartel by means of a worldwide, coordinated cap-and-trade system supported by the levying of source taxes on capital income—to spoil the resource owners' appetite for financial assets. Only if we can shift our focus from local demand to worldwide supply policies for reducing carbon emissions, Sinn argues, will we have a chance of staving off climate disaster.