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8 Dec 2023: Michael G. Pollitt The UK is heavily integrated into global oil and gas markets with substantial imports. ... global) energy market trends. This is likely to put energy low down the priority list for.

11 Dec 2023: Cambridge Working Paper in Economics 2098. Robert A. Ritz. With the 2015 Paris Agreement to limit global warming to well below 2 degrees, climate change has moved back up the policy ... Unlike national climate policy initiatives, investor-driven

8 Dec 2023: EPRG Working Paper 1507. Cambridge Working Paper in Economics 1512. Andrew Jobling and Tooraj Jamasb. ... During the past three decades the global oil market has seen significant price volatility.

6 Dec 2023: Evidence from a global study of newspaper reports. EPRG Working Paper 0902. ... Cambridge Working Paper in Economics 0911. William Yu and Michael G.Pollitt.

6 Dec 2023: the greenhouse effect, the question of global warming, in terms of its causes, description,. ... volume (ppmv). CO2eq is therefore a time-integrated version of CO2e and measures the ‘global warming.

30 Jan 2024: Pizer (2002) Combining price and quantity controls to mitigate global climate change, Journal of Public Economics 85 (2002) 409–434. ... Stabilization. Energy Journal, Special issue, p. 57-122. Global CO2 mitigation potential, out to 2030.

12 Dec 2023: reduction and global equity. This is well aligned with the UN Sustainable Development Goal. ... became quite remarkable in years during and following the global financial crisis 2007-2008,.

8 Dec 2023: Economics is justly proud of its contributions to the understanding of markets and their properties. ... and potential users, itself a whole sub-discipline of environmental economics (see e.g.

8 Dec 2023: the only available option to efficiently address global public good problems like Climate. ... the global nature of the GHG externality and the multi-dimensional interdependence of.

8 Dec 2023: A cross-country panel data analysis can aid understanding of global consumption patterns. ... 16). Indeed, the global effect may be negligible but that is a net effect.

8 Dec 2023: For more information on the (legally) binding character ofthese targets, please see The Global Climate Legislation Database (2015). ... effect, leading to an increase in Global Mean Temperature. This, in turn, bears adverse environmental effects and,

7 Dec 2023: and  the increasing reliance on global markets for oil, gas and coal we have seen the creation of substantial markets for atmospheric emissions from stationary sources (i.e. ... The geographic coverage of emissions markets i

8 Dec 2023: Today, trade in spot and short-term marketsmakes up about 30% of global LNG sales (GIIGNL, 2013). ... what are its “global”repercussions– in particular, what arethe knock-on effects for the European market?

24 Jan 2024: Risoe technology. group:. Yield. Based on The Global Carbon Mechanisms, Carbon Trust, February 2009. ... itself sufficient to bring about radical global transformation (hence study of reform options).

11 Dec 2023: Mission Innovation and Carbon Pricing Leadership Coalition (2019) similarlycall for global support for innovation. ... 4.3 Global impact. The CPS substantially reduced GB electricity CO2 emissions as Figure 2 showed.

12 Dec 2023: Nicholas Gohdes & Paul Simshauser Global energy markets have become increasingly dominated by variable renewable energy (VRE) investment commitments - a trend driven in part by falling technology costs while underpinned by a ... In practical terms however

7 Dec 2023: CCS. In addition, the economics of a CCS power plant could be enhanced through a range. ... power plants. EOR, though not a long-term option, can significantly improve the economics.

7 Dec 2023: EPRG Working Paper 1214. Cambridge Working Paper in Economics 1230. Dominik Ruderer and Gregor Zöttl. ... dominik.ruderer@lrz.uni-muenchen.de‡University of Munich, Department of Economics, Ludwigstraße 28, 80539 Munich, Germany, E-mail:.

2 Feb 2024: The global picture on renewables. • The reality of the economics of climate policy. • ... Global gas market likely to continue to expand, helped by non-conventional gas.

8 Dec 2023: Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis EPRG Working Paper 1512 Cambridge Working Paper in Economics 1516. ... prices and global equity prices). We estimate the 27 country-specific vector autoregressive.

8 Dec 2023: pressures from emerging economies following the global financial crises, most countries in the EU. ... in July 2008 just before the onset of the Global Economic Crisis 7.

8 Dec 2023: Reiner, Robert A. Ritz. Energy Policy Research Group (EPRG) Judge Business School & Faculty of Economics. ... The EU has taken a global leadership role in carbon pricing, beginning with the introduction of its Emissions Trading Scheme (ETS) in 2005.

12 Dec 2023: 3 Judge Business School, University of Cambridge, Cambridge, UK. 4 Beijing Key Lab of Energy Economics and Environmental Management, Beijing, China. ... efficient and cost-effective mechanism to combat global warming, along with trying to set more.

6 Dec 2023: Chris Hope Judge Business School, University of Cambridge. David Newbery. Faculty of Economics, University of Cambridge 3 May 2006. ... Greenhouse gases (GHGs) are, in technical economic language, a global stock pollutant that is a non-excludable pure

12 Dec 2023: In section 2 we consider the concept of locational prices and their use in economics. ... Section 6 offers some conclusions. The concept of locational prices and their use in economics.

6 Dec 2023: EPRG Working Paper 1004 Cambridge Working Paper in Economics 1012. Tim Laing and Michael Grubb. ... 1 Electricity Policy Research Group, University of Cambridge, 2 Corresponding author: Faculty of Economics, Austin Robinson Building, Sidgwick Avenue,

8 Dec 2023: of coal (3.5 billion tonnes of coal a year or 47% of global production) 2. ... system. 2. Figure 1: China’s global share in the fuel consumption for its power generation.

5 Dec 2023: They are expected to attract half of global energy investment over the next 25 years. ... Energy Economics 26(4): P.709-719. Aldy, J. E., R. Baron and L.

11 Dec 2023: www.eprg.group.cam.ac.uk. Global carbon price asymmetry. EPRG Working Paper 2116. Cambridge Working Paper in Economics 2145. ... This result obtains even though a uniform global carbon price is always successful at reducing countries’ emissions.

5 Feb 2024: www.eprg.group.cam.ac.uk. Overview. • Michael Grubb:– Basic structure of global energy-CO2 flows– Global economics of energy-CO2 abatement: a (really) simple view– Structural evolution of global ‘top ... Global abatement assessments point to

2 Feb 2024: 1 LNG producers have significant market power2 Limits to price arbitrage in global LNG. ... Robert A. Ritz (2014). “Price discrimination andlimits to arbitrage: An analysis of global LNG markets”.Forthcoming in Energy Economics as of August 2014.

7 Dec 2023: www.eprg.group.cam.ac.uk. Price discrimination and limits to arbitrage in global LNG markets. ... In short, the gas market appears far from global. For the case of the US, the reasons for price divergence are quite clear: The large-scale emergence of

12 Dec 2023: Kingdom. EPRG Working Paper 2303. Cambridge Working Paper in Economics CWPE2320. ... Juyong Lee and David M Reiner. Decarbonising the global electric power sector is a necessary first step to achieve the goals of the 2015 Paris Agreement.

2 Feb 2024: www.eprg.group.cam.ac.uk. Global gas markets, carbon pricingand the future of natural gas. ... Source: SNAM 2017 Global Gas Report. Growth driven by non-OECD Asia/China.

2 Feb 2024: Principal, Vivid Economics Ltd., London ESCP Europe Business School London, 10 February 2015. ... analysis of global LNG markets”, Energy Economics 45, September 2014, pp.

11 Dec 2023: market power. Within the energy economics literature, there is a long strand of papers analyzing the. ... discharge.8. An emerging strand of the literature specifically analyzes the economics of energy.

6 Dec 2023: Transmission Expansion in Argentina 5: The Regional Electricity Forum of Buenos Aires Province. Stephen C. Littlechild and Eduardo A. Ponzano. December 2007. EPRG 0729 & CWPE 0762. Transmission expansion in Argentina 5: the Regional Electricity

11 Dec 2023: overlapping policy achieves to its “global” impact which includes any knock-on effects. ... 2020), our first contribution is to provide new theoretical insight into the economics of.

11 Dec 2023: 3. consequences. Our research contributes to the energy economics literature in several ways. ... Availability of competitive LNG supplies inter alia depends on global demand and supply assumptions.

8 Dec 2023: www.eprg.group.cam.ac.uk. The economics of air pollution from fossil fuels EPRG Working Paper 1708 Cambridge Working Paper in Economics 1719. ... The choice depends on the source and type of emissions, and whether local, global, transient or persistent.

8 Dec 2023: EPRG Working Paper 1612 Cambridge Working Paper in Economics 1623. Alberto Behar and Robert A. ... Ritz In 2014, global oil supply overtook demand and the oil price started to decline.

8 Dec 2023: Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis EPRG Working Paper 1512 Cambridge Working Paper in Economics 1516. ... To this end, we first develop a model of the global oil market and.

8 Dec 2023: www.eprg.group.cam.ac.uk. A Global Carbon Market? EPRG Working Paper 1608 Cambridge Working Paper in Economics 1615. ... Michael G. Pollitt This paper explores the prospects for a global carbon market as the centrepiece of.

8 Dec 2023: www.eprg.group.cam.ac.uk. How to judge whether supporting solar PV is justified. EPRG Working Paper 1706 Cambridge Working Paper in Economics 1715. ... David Newbery The Global Apollo Programme (King et al., 2015) calls for a global effort to combat

2 Feb 2024: 4. Economics of Shale Gas in the UK. 5. Conclusions. www.eprg.group.cam.ac.uk. ... 3. Shale Gas in Europe. 4. Economics of Shale Gas in the UK.

6 Dec 2023: EPRG Working Paper 1023. Cambridge Working Paper in Economics 1045. David M Newbery. ... have inescapable global impacts and are persistent, so that there is little difference.

6 Dec 2023: N-T. EC. HN. ICA. L S. UM. MA. RY. Dynamics of Evolution in the Global Fuel-Ethanol Industry. ... Jin Hooi Chan & David Reiner The global bio-ethanol industry has expanded rapidly in the past decade, increasing at an average annual rate of 15%.

3 Jul 2024: Cheung and A. Stouraitis), Journal of Financial Economics 82 (2), 343-386, 2006. ... Review; Quarterly Review of Economics and Finance; Corporate Governance: An International Review; Global Finance Journal; Finance Research Letters; National Science

11 Dec 2023: www.eprg.group.cam.ac.uk. Global carbon price asymmetry. EPRG Working Paper 2116. Cambridge Working Paper in Economics 2145. ... so as to maximize global welfare. Product markets are characterized by firm heterogeneity,.

11 Dec 2023: Pigou (1920). The Economics of Welfare. London: Macmillan. In principle, the same outcome can be achieved with a global carbon tax or by a carbon trading system that controls the quantity ... 3. economics and ethics).6 Suppose, therefore, that a global