The cattle sector, both emissions- and land-intensive, represents a great opportunity for mitigation through reforestation. In this paper, we study the efficiency of land-use regulation. Our analytical results indicate that the subsidy is the best alternative policy to emissions tax, provided that the elasticities of land use and emissions to cattle feeding are close. Interestingly,...
Electric batteries and fuel cells (hydrogen) are competing technologies for the energy transition in heavy transportation. This paper shows that the existence of a market niche for fuel-cell electric buses (FCEBs) can be obtained depending on the values of a limited set of key parameters.
Our analysis of the Climate Risks and Opportunities Index (CRORI) and the CDP climate score reveal a parallel improvement of these indices with different sectoral disparities over the 2015–2019 period. While our results are encouraging, they need to be put into perspective because these firms are still far from being carbon neutral.
Our findings suggest a new dimension of the natural resource curse: the fragmentation of identities, between ethnic groups and nations.
We examine in this paper sustainability-linked bonds (SLBs) whose issuance now totals more than USD 200 bn. There is a structural design flaw in the SLB mechanism: setting a significant coupon step-up does not suit the issuer’s nor the investors’ interests, considering conditionality. This creates a no win situation for the issuer and investors alike and explains the “benign”...
The paper examines the relevant cost benefit framework for state agencies investigating the potential of local projects to mitigate climate change. We propose a new metric that incorporates into the analytical framework the dynamic interactions between the project and its continuation.
Les secteurs considérés comme fortement exposés à la concurrence internationale dans le cadre du système européen d'échange de quotas d'émission (EU-ETS) bénéficient toujours d'une allocation de quotas gratuits (EUA). Nous étudions ici un des principaux secteurs bénéficiaires : la sidérurgie. Nos résultats suggèrent que l'EU-ETS n'a pas réussi à fournir des incitations à la décarbonation dans ce secteur.
Dans cet article, nous apportons une modification simple au modèle de Hotelling, en introduisant un élément aléatoire dans le problème : on ne sait pas où sont les gisements, mais on connaît la probabilité d'en découvrir un dans un endroit donné. L'analyse mathématique démontre qu'il n'y a pas de signal-prix.
This article identifies supply and demand shocks in the oil and gas market using monthly data (from January 2008 to December 2021) and explores their impact on clean energy stock returns in Europe. Our results show that a negative gas supply shock positively affects clean energy stocks, while a negative shock in global oil supply does not have...
In this study, we analyse how access to electricity affects children’s well-being in Rwanda through the allocation of their time in the different activities of domestic production and their leisure time.
The workshop aims to identify the key uncertainties and debates regarding the role of bioenergy in a climate neutral economy, at national and global scales, and the challenges for the design of climate policies. Speakers and precise time will be confirmed soon.