Rethinking African solar power for Europe

Emanuele Massetti, Elena Ricci, 23 July 2014

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The DESERTEC Foundation has suggested that up to 20% of power demand in Europe can be obtained by connecting African deserts to European cities (Figure 1). The idea is to build a large number of concentrated solar power (CSP) plants in Middle Eastern and Northern African (MENA) countries, and to transmit electricity to Europe by means of very efficient high-voltage direct-current cables.

Topics: Energy, Environment
Tags: Africa, climate change, concentrated solar power, deserts, energy security, Europe, Middle East, photovoltaic, Renewable energy, solar, wind

Climate policy targets revisited

Richard S J Tol, 25 April 2014

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The Stern Review of the Economics of Climate Change is the most famous economic assessment of climate policy (Stern et al. 2006).

Topics: Environment
Tags: carbon, climate change, cost-benefit analysis, emissions, externalities, greenhouse gases, pollution

Sustainable growth requires a long-term focus

Pascal Lamy, Ian Goldin, 28 March 2014

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Just when we thought high-frequency trading couldn’t get any faster, a US communications company is developing a high-speed laser network between the New Jersey data centres of the New York Stock Exchange and the NASDAQ stock exchange, to shave an additional few nanoseconds off high-frequency trading times.

Topics: Environment, Financial markets, Global crisis, International trade
Tags: climate change, corporate governance, environment, global crisis, growth, high-frequency trading, mark-to-market accounting, short-termism, trade

Nuclear expansion or phase-out? Costs and opportunities

Enrica De Cian, Samuel Carrara, Massimo Tavoni, 22 December 2013

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"We learned from Fukushima that we have to deal differently with risks… We believe we as a country can be a trailblazer for a new age of renewable energy sources… We can be the first major industrialized country that achieves the transition to renewable energy with all the opportunities – for exports, development, technology, jobs – it carri

Topics: Energy, Environment
Tags: carbon pricing, climate change, climate policy, energy, energy mix, environment, nuclear power, R&D

California energy efficiency: Lessons for the rest of the world, or not?

Arik Levinson, 9 August 2013

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Energy-efficiency standards for buildings and appliances and vehicles appear to be a central component of climate policy in the US.

Topics: Environment
Tags: climate change, energy efficiency, US

Facing up to uncertainty in climate-change economics

Geoffrey Heal, Antony Millner, 13 June 2013

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Uncertainty is intrinsic in climate change economics. We know that increases in greenhouse gas concentrations are causing shifts in the climate, but not precisely how large these shifts will be, nor when and where they will occur. Neither do we understand fully the social and economic consequences of these changes, or the options that will be available for coping with them in the future.

Topics: Environment
Tags: climate change, uncertainty

Four changes to trade rules to facilitate climate change action

Aaditya Mattoo, Arvind Subramanian, 4 May 2013

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The research on the links between trade rules and climate-change action has mostly been concerned with how far climate-change action is constrained by current trade rules pertaining, for example, to border-tax adjustments (Horn and Mavroidis 2011), subsidies (Green 2006) and exports of natural gas (Levi 2012 and Hufbauer et al. 2013).

Topics: Energy, Environment
Tags: adaptation, climate change, technology

Geoengineering and abatement: A ‘flat’ relationship under uncertainty

Johannes Emmerling, Massimo Tavoni, 17 April 2013

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The slow progress in climate-change mitigation policies aimed at reducing greenhouse-gas emissions has fuelled the discussion about alternative policy options in order to cope with the impacts from climate change. The better known one is adaptation, but most recently ‘climate geoengineering’ has begun to attract increasing attention.

Topics: Environment
Tags: climate change, geoengineering

The sordid history of Congressional acceptance and rejection of cap-and-trade: Implications for climate policy

Richard Schmalensee, Robert N. Stavins, 7 March 2013

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In both his second inaugural and his fifth state of the union addresses this year, President Obama renewed his commitment to address the risk of global climate change, due to increased concentrations of greenhouse gases in the atmosphere, largely (but not exclusively) a consequence of carbon dioxide (CO2) emissions linked with burning fossil fuels to generate energy.

Topics: Energy, Environment
Tags: Cap-and-trade, climate change, US

Moving to Greenland in the face of global warming

Klaus Desmet, Esteban Rossi-Hansberg , 16 January 2013

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If populations don’t move, global warming is likely to have disastrous consequences.

Topics: Environment, Migration
Tags: climate change, migration, trade

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