nep-res New Economics Papers
on Resource Economics
Issue of 2010‒03‒28
six papers chosen by
Maximo Rossi
Universidad de la Republica

  1. Carbon Capture and Storage (CCS) Technologies and Economic Investment Opportunities in the UK By Julien Chevallier
  2. The economics of trade, biofuel, and the environment By Hochman, Gal; Sexton, Steven E.; Zilberman, David D.
  3. Valuing ecosystem services in general equilibrium By Jared Carbone; V. Kerry Smith
  4. Environmental Federalism in the European Union and the United States By David J. Vogel; Michael W. Toffel; Diahanna Post; Nazli Z. Uludere Aragon
  5. Clean technology adoption and its influence on tradeable emission permit prices. By SANIN, Maria Eugenia; ZANAJ, Skerdilajda
  6. Can education be good for both growth and the environment? By BRECHET, Thierry; PRIEUR, Fabien

  1. By: Julien Chevallier (Université Paris Dauphine - Université Paris Dauphine - Paris IX)
    Abstract: This article reviews the role played by carbon and capture (CCS) technologies in order to facilitate the transition to low-carbon emitting technologies in the medium term. More precisely, we address the following central questions: how will the development of CCS technologies impact energy policies in order to yield to sustainable energy solutions? At what costs will pollution reductions be achieved? And most importantly, which CCS technologies will turn out to offer the most effective and efficient solution to handle the challenge of the increased demand for energy within the context of the climate change? We critically assess the technology readiness levels of various CCS technologies – post-combustion capture, pre-combustion capture, amine scrubbing, oxyfuel, integrated gasification combined cycle, calcium looping and chemical looping – based on the best available evidence to date.
    Keywords: Carbon Capture and Storage; Technology Readiness; Climate Policy
    Date: 2010
  2. By: Hochman, Gal (University of California, Berkeley. Dept of agricultural and resource economics); Sexton, Steven E. (University of California, Berkeley. Dept of agricultural and resource economics); Zilberman, David D. (University of California, Berkeley. Dept of agricultural and resource economics)
    Keywords: trade, biofuels, environment, globalization, capital flows, technical changes, household production
    Date: 2010
  3. By: Jared Carbone; V. Kerry Smith
    Abstract: We explore the consequences of treating the multiple, non-market benefits associated with improvements in ecosystem health and the market economy from which damage to these ecosystems stems as an integrated system. We find that willingness to pay measures of use-based ecosystem services are impacted by the changes in demand for complementary market goods. Demand for these goods shifts due to the introduction of pollution regulations that deliver improvements in ecosystem services. As a result, partial equilibrium estimates of these use values may be measured with substantial error if they fail to account for the general equilibrium adjustments caused by the regulation. We also find that the basic physical/biological connections between the resources underlying use and non-use values for ecosystems may have important implications for the measurement of these values.
    Keywords: ecosystem services, general equilibrium, non-market valuation
    JEL: D58 Q51 Q57
    Date: 2010–03–17
  4. By: David J. Vogel (Haas School of Business); Michael W. Toffel (Harvard Business School, Technology and Operations Management Unit); Diahanna Post; Nazli Z. Uludere Aragon
    Abstract: The United States (US) and the European Union (EU) are federal systems in which the responsibility for environmental policy-making is divided or shared between the central government and the (member) states. The attribution of decision-making power has important policy implications. This chapter compares the role of central and local authorities in the US and the EU in formulating environmental regulations in three areas: automotive emissions for health related (criteria) pollutants, packaging waste, and global climate change. Automotive emissions are relatively centralised in both political systems. In the cases of packaging waste and global climate change, regulatory policy-making is shared in the EU, but is primarily the responsibility of local governments in the US. Thus, in some important areas, regulatory policy-making is more centralised in the EU. The most important role local governments play in the regulatory process is to help diffuse stringent local standards through more centralised regulations, a dynamic which has become recently become more important in the EU than in the US.
    Date: 2010–03
  5. By: SANIN, Maria Eugenia; ZANAJ, Skerdilajda (UniversitŽ catholique de Louvain (UCL). Center for Operations Research and Econometrics (CORE))
    Keywords: environmental innovation, tradable emission permits, Cournot interaction
    JEL: D43 L13 Q55
    Date: 2009–04–01
  6. By: BRECHET, Thierry (UniversitŽ catholique de Louvain (UCL). Center for Operations Research and Econometrics (CORE)); PRIEUR, Fabien
    Keywords: overlapping generations, public education, environmental maintenance, green awareness, sustainable growth
    JEL: Q56 D62 D91
    Date: 2009–03–01

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