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Why is geoengineering so tempting?

Why is geoengineering so tempting?

a working paper by Baran Doda  15 October, 2014

Geoengineering can be defined as the technologies that aim to deliberately alter geophysical mechanisms in order to alleviate the impacts of climate change. It has received increasing attention by economists … read more »


Evidence on business cycles and CO2 emissions

Evidence on business cycles and CO2 emissions

a research article by Baran Doda  28 June, 2014

CO2 emissions and GDP move together over the business cycle. Most climate change researchers would agree with this statement despite the absence of a study that formally analyzes the relationship between emissions and GDP at business cycle frequencies. The paper provides a rigorous empirical analysis of this relationship in a comprehensive cross-country panel by decomposing the emissions and GDP series into their growth and cyclical components using the HP filter. read more »


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Long run demand for energy services: income and price elasticities over 200 years

a research article by Roger Fouquet  27 June, 2014

Data Set on the Consumption of Energy and Energy Services (1300-2008). Fouquet, R. (2014) Review of Environmental Economics and Policy 8(2).
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The structural shift to green services: A two-sector growth model with public capital and open-access resources

The structural shift to green services: A two-sector growth model with public capital and open-access resources

a research article by Emanuele Campiglio  24 June, 2014

An expansion of economic activities with low impact on ecological resources is a crucial component of the transition to a low-carbon society. “Green” structural change is analysed here through a model with a “progressive” manufacturing sector and a “stagnant” service sector. read more »


Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy

Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy

a working paper by Emanuele Campiglio  11 June, 2014

It is widely acknowledged that introducing a price on carbon represents a crucial precondition for filling the current gap in low-carbon investment. However, as this paper argues, carbon pricing in … read more »


oil

Historical energy price shocks and their changing effects on the economy

a working paper by Dirk-Jan van de Ven, Roger Fouquet  1 April, 2014

The purpose of this paper is to identify the changes in the impact of energy shocks on economic activity – with an interest in assessing if … read more »


ClimateChangeEconomics

A macroeconomic perspective on climate change mitigation: Meeting the financing challenge

a research article by Alex Bowen, Emanuele Campiglio  18 March, 2014

Building on simulations using Integrated Assessment Models and historical evidence, this paper explores some of the issues posed by this dual financing challenge. We discuss the “fiscal self-reliance” of the energy sector, finding that carbon pricing would generate sufficient fiscal revenues within each region to finance total investment in energy supply. read more »


In praise of a green stimulus

In praise of a green stimulus

a research article by Dimitri Zenghelis  19 January, 2014

Macroeconomic conditions make this a relatively favorable time to kick-start investments necessary to transition to a resource-efficient economy read more »


The effect of environmental decentralization on polluting industries in India

The effect of environmental decentralization on polluting industries in India

a working paper by Stefania Lovo  1 January, 2014

This paper examines the unintended effects of the 2006 reform of the Environmental Impact Assessment (EIA) process in India using firm-level data for the period 1998-2012. … read more »


The structural shift to green services: a two-sector growth model with public capital and open-access resources

The structural shift to green services: a two-sector growth model with public capital and open-access resources

a working paper by Emanuele Campiglio  1 December, 2013

– Forthcoming in Structural Change and Economic Dynamics (Dec 2014). The expansion of the share of economic activity taking place in sectors with low or no … read more »


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