G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Bush Meets Hotelling: Effects of Improved Renewable Energy Technology on Greenhouse Gas Emissions
Michael Hoel
发表日期2009
出处Energy: Resources and Markets
出版年2009
语种英语
摘要Fossil fuels are non-renewable carbon resources, and the extraction path of these resources depends both on present and future demand. When this "Hotelling feature" is taken into consideration, the whole price path of carbon fuel will shift downwards as a response to the reduced cost of the renewable substitute. An implication of this is that greenhouse gas emissions in the near future may increase as a response to the reduced cost of the renewable substitute. If this is the case, increased climate costs may outweigh the benefits of reduced costs of a substitute, thus reducing overall social welfare.
特色分类Q30,Q42,Q5
关键词Climate Change,Exhaustible Resources,Renewable Energy
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/bush-meets-hotelling-effects-of-improved-renewable-energy-technology-on-greenhouse-gas-emissions/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117679
推荐引用方式
GB/T 7714
Michael Hoel. Bush Meets Hotelling: Effects of Improved Renewable Energy Technology on Greenhouse Gas Emissions. 2009.
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