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Displaying results 1 to 4 of 4.

  1. Pigou's advice and Sisyphus' warning
    carbon pricing with non-permanent carbon-dioxide removal
    Author: Kalkuhl, Matthias; Franks, Max; Gruner, Friedemann; Lessmann, Kai; Edenhofer, Ottmar
    Published: [2023]
    Publisher:  Universität Potsdam, Potsdam

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 811
    Inter-library loan:
    No inter-library loan

    Location:
    Universität Potsdam, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: CEPA discussion papers ; no. 62 (January 2023)
    Subjects: Carbon Dioxide Removal; Carbon Capture; Social Cost of Carbon; Climate Policy; Impermanence
    Scope: 1 Online-Ressource (66 Seiten, 2305 KB), Illustrationen
    Notes:

    Carbon dioxide removal from the atmosphere is becoming an important option to achieve net zero climate targets. This paper develops a welfare and public economics perspective on optimal policies for carbon removal and storage in non-permanent sinks like forests, soil, oceans, wood products or chemical products. We derive a new metric for the valuation of non-permanent carbon storage, the social cost of carbon removal (SCC-R), which embeds also the conventional social cost of carbon emissions. We show that the contribution of CDR is to create new carbon sinks that should be used to reduce transition costs, even if the stored carbon is released to the atmosphere eventually. Importantly, CDR does not raise the ambition of optimal temperature levels unless initial atmospheric carbon stocks are excessively high. For high initial atmospheric carbon stocks, CDR allows to reduce the optimal temperature below initial levels. Finally, we characterize three different policy regimes that ensure an optimal deployment of carbon removal: downstream carbon pricing, upstream carbon pricing, and carbon storage pricing. The policy regimes differ in their informational and institutional requirements regarding monitoring, liability and financing
  2. Implications of the Inflation Reduction Act on deployment of low-carbon ammonia technologies
    Author: Chyong, Chi Kong; Italiani, Eduardo; Kazantzis, Nikolaos
    Published: [2023]
    Publisher:  MIT Center for Energy and Environmental Policy Research, Cambridge, MA, USA

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    ZSS 39
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper series / MIT Center for Energy and Environmental Policy Research ; 2023, 21 (November 2023)
    Subjects: Ammonia; Inflation Reduction Act; US Energy Policy; Energy; Carbon Tax; Carbon Cost; Carbon Capture; Biomass Gasification; Alkaline Electrolysis; Haber-Bosch; Techno-Economic Analysis; Social Cost of Carbon; Hydrogen Production Tax Credits
    Scope: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  3. Implications of the Inflation Reduction Act on deployment of low-carbon ammonia technologies
    Author: Chyong, Chi Kong; Italiani, Eduardo; Kazantzis, Nikolaos
    Published: [2023]
    Publisher:  MIT Center for Energy and Environmental Policy Research, Cambridge, MA, USA

    Access:
    Verlag (kostenfrei)

    Location:
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper series / MIT Center for Energy and Environmental Policy Research ; 2023, 21 (November 2023)
    Subjects: Ammonia; Inflation Reduction Act; US Energy Policy; Energy; Carbon Tax; Carbon Cost; Carbon Capture; Biomass Gasification; Alkaline Electrolysis; Haber-Bosch; Techno-Economic Analysis; Social Cost of Carbon; Hydrogen Production Tax Credits
    Scope: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  4. Pigou's advice and Sisyphus' warning
    carbon pricing with non-permanent carbon-dioxide removal
    Author: Kalkuhl, Matthias; Franks, Max; Gruner, Friedemann; Lessmann, Kai; Edenhofer, Ottmar
    Published: [2023]
    Publisher:  Universität Potsdam, Potsdam

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Location:
    Universität Potsdam, Universitätsbibliothek
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: CEPA discussion papers ; no. 62 (January 2023)
    Subjects: Carbon Dioxide Removal; Carbon Capture; Social Cost of Carbon; Climate Policy; Impermanence
    Scope: 1 Online-Ressource (66 Seiten, 2305 KB), Illustrationen
    Notes:

    Carbon dioxide removal from the atmosphere is becoming an important option to achieve net zero climate targets. This paper develops a welfare and public economics perspective on optimal policies for carbon removal and storage in non-permanent sinks like forests, soil, oceans, wood products or chemical products. We derive a new metric for the valuation of non-permanent carbon storage, the social cost of carbon removal (SCC-R), which embeds also the conventional social cost of carbon emissions. We show that the contribution of CDR is to create new carbon sinks that should be used to reduce transition costs, even if the stored carbon is released to the atmosphere eventually. Importantly, CDR does not raise the ambition of optimal temperature levels unless initial atmospheric carbon stocks are excessively high. For high initial atmospheric carbon stocks, CDR allows to reduce the optimal temperature below initial levels. Finally, we characterize three different policy regimes that ensure an optimal deployment of carbon removal: downstream carbon pricing, upstream carbon pricing, and carbon storage pricing. The policy regimes differ in their informational and institutional requirements regarding monitoring, liability and financing