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Working papers
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[6/2012] Phasing in large-scale expansion of wind power in the Nordic countries by Finn R. Førsund
Abstract: There are plans of a substantial increase in the construction of renewable power in Scandinavia in the coming 10 years. The Nordic countries..... -
[5/2012] Cost-Effective Unilateral Climate Policy Design: Size Matters by Christoph Böhringer, Carolyn Fischer, and Knut Einar Rosendahl
Given the bleak prospects for a global agreement on coordinated policies to mitigate climate change, political pressure is increasing among industrialized countries for unilateral..... -
[4/2012] Moral positions on Tradable Permits Markets by Snorre Kverndokk
Permit trading is a preferred environmental policy instrument among economists, and has become a popular tool in environmental treaties the last decades. The reason... -
[3/2012] Prices vs. quantities: Techology choice, uncertainty and welfare by Halvor Briseid Storrøsten
This paper shows that tradable emissions permits and an emissions tax affect the firms' technology choice differently under uncertainty. A tax... -
[2/2012] Second-best climate policy by Michael Hoel
Countries with an active climate policy often use several other policy instruments in addition to a price on carbon emissions, such as subsidies to renewable energy. An obvious... [1/2012] Alternative Designs for Tariffs on Embodied Carbon: A Global Cost-Effectiveness Analysis by Christoph Böhringer, Brita Bye, Taran Fæhn, and Knut Einar Rosendahl
Abstract: In the absence of effective world-wide cooperation to curb global warming, import tariffs on embodied carbon have been proposed as a potential supplement to unilateral emissions pricing. We consider...[6/2011] On efficiency gains from emissions trading: Have they been exaggerated? Odd Godal and Bjart Holtsmark
Explored in this paper are some effects of international emissions trading when no international authority has the power to impose an efficient cap. Rather, we assume.....[5/2011] A SHARED SENSE OF RESPONSIBILITY: MONEY VERSUS EFFORT CONTRIBUTIONS IN THE VOLUNTARY PROVISION OF PUBLIC GOODS by Jared C. Carbone and Robert S. Gazzale
A frequently cited argument against the use of market-based instruments to provide public goods is that they diminish our sense of responsibility to be good citizens. In this...[4/2011] Price and welfare effects of emission quota allocation, by Rolf Golombek, Sverre A.C. Kittelsen and Knut Einar Rosendahl
We analyze how different ways of allocating emission quotas may influence the electricity market. Using a large-scale numerical model of the Western European energy market...[3/2011] Wetter and Wilder: Impacts on the electricity industry in Western Europe of climate change, by Rolf Golombek, Sverre A.C. Kittelsen and Ingjerd Haddeland
This paper studies some impacts of climate change on electricity markets, focusing on three climate effects...[2/2011] Timing of environmental R&D policy, by Reyer Gerlagh, Snorre Kverndokk, andKnut Einar Rosendahl
We study the timing and interdependence between optimal innovation policy and environmental policy in a model with emission reduction (abatement) activity and cost-reducing R&D through increasing variety numbers...[1/2011] Incentives for environmental R&D, by Mads Greaker and Michael Hoel.
Since governments influence the demand for a new abatement technology through their environmental policy, they may be able to expropriate innovations in new abatement technology ex post...