Raphael Calel
Visiting Fellow
Raphael is a Ciriacy-Wantrup Postdoctoral Fellow at the Department of Agricultural and Resource Economics at UC Berkeley.
Background
Raphael has a PhD in Environmental Economics from the LSE. He has previously studied economics at the University of Cambridge and UCL.
Research interests
- Economic effects of the EU Emissions Trading System;
- Climate change policy and innovation;
- Uncertainty in climate forecasts.
Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market
This paper investigates the impact of the European Union Emissions Trading System (EU ETS) on technological change, exploiting installations level inclusion criteria to estimate the System’s causal impact on firms’ … read more »
2013
Who will win the green race? In search of environmental competitiveness and innovation
Fankhauser, Samuel, Bowen, Alex, Calel, Raphael, Dechezlepretre, Antoine, Grover, David, Rydge, James and Sato, Misato (2013) Who will win the green race? In search of environmental competitiveness and innovation. Global … read more »
Tall tales and fat tails: the science and economics of extreme warming
It has recently been highlighted that the economic value of climate change mitigation depends sensitively on the slim possibility of extreme warming. This insight has been obtained through a … read more »
Do probabilistic expert elicitations capture scientists’ uncertainty about climate change?
Expert elicitation studies have become important barometers of scientific knowledge about future climate change (Morgan and Keith, Environ Sci Technol 29(10), 1995; Reilly et al., Science 293(5529):430–433, 2001; Morgan … read more »
2012
Who will win the green race? In search of environmental competitiveness and innovation
As the world considers greener forms of economic growth, countries and sectors are beginning to position themselves for the emerging green economy. This paper combines patent … read more »
Improving cost-efficiency of conservation auctions with joint bidding
Most current models of conservation auctions are incompatible with the assessment that there are environmental externalities and synergies between bidders. Yet, conservation auctions are usually set up for the … read more »
Environmental policy and directed technological change: evidence from the European carbon market
This paper was updated in February 2013 This paper investigates the impact of the EU Emissions Trading Scheme (EU ETS)on technological change. We exploit installations-level inclusion … read more »
2011
Market-based instruments and technology choices: a synthesis
Market-based instruments are widely used to encourage innovation and investment in cleaner technologies. Using a simple analytical framework and graphical representations, this paper provides a theoretical … read more »
Perverse incentives under the CDM: a comment
The Clean Development Mechanism (CDM) provides some basic safeguards to ensure that HFC-23 reductions are additional, primarily aimed at establishing a realistic baseline scenario for HFC-23 … read more »
Climate change and carbon markets: a panoramic history
International carbon markets have grown quickly in recent years, but have also experienced serious problems and faced harsh criticism. This paper looks at the history of … read more »
2010
Auctioning conservation contracts in the presence of externalities
Current models of conservation auctions do not permit for the presence of environmental externalities and synergies between bidders. Yet, conservation auctions are usually set up for … read more »
2013
Permits to pollute can be bought too cheaply
When the carbon price collapsed to below €3 in April this year, EU policymakers sought to prop up carbon prices by a deal that would delay the release of carbon … read more »
Has the EU ETS induced low-carbon innovation?
The EU ETS is the main instrument of European climate policy, and many policymakers envisage it as a driving force of the EU’s transition to a low-carbon economy. By putting … read more »
