This paper introduces the China Energy & Environmental Policy Analysis (CEEPA) system. The core of CEEPA is a recursive dynamic computable general equilibrium model, in which the interactions among different agents in the macroeconomic system of China are described. The specific characteristics of Chinese labor market and energy market are also taken into account. The corresponding software sys...

The Australian government has announced to price carbon at an initial price of $23 per tonne. Despite detailed modelling undertaken by the Commonwealth Treasury, there is widespread speculation about the possible economic impact of a carbon tax in Australia. In this paper we build a computable general equilibrium (CGE) model incorporating many new features to deal with the issue of emissions an...

Nations or regions with limited electrical grid and restricted financial resources are a suitable market for small medium power plants with a size of 300–400 MWe. The literature presents several comparisons about the economics of large power plants (of about 1000 MWe); however there are not probabilistic analysis regarding the economics of small medium power plants. This paper fills this gap co...

This paper considers how actions to slow atmospheric accumulation of greenhouse gases from fossil fuel use could also reduce "criteria" air pollutants (as defined in the Clean Air Act) in the U.S. The benefits that result would be "ancillary" to greenhouse gas abatement. Moreover, these benefits would tend to accrue in the near term, while any benefits from reduced climate change mostly accrue ...

In this paper, a dynamic game model of duopoly firms between the traditional electric power enterprises and new energy enterprises was established for analyzing the behaviors of electric power enterprises under different government carbon taxes policies and the corresponding Nash equilibrium. This goal of the model was set to maximize the total social welfare while considering the economic, soc...

The proposal is stated it its entirety in the plan that you reference. Initially, as you know, I was discussing the notion of a carbon tax on transportation fuels. As the discussion, both at the commission meetings and in general, moved along, I was convinced by Severin Borenstein (who testified before the commission on this notion, Joe Bankman at Stanford, Dan Simmons at UC, and John Boesel at...

Fiscal considerations may shift governmental priorities away from environmental concerns: Finance ministers face strong demand for public expenditures such as infrastructure investments but they are constrained by international tax competition. We develop a multi-region model of tax competition and resource extraction to assess the fiscal incentive of imposing a tax on carbon rather than on cap...

Mandates, which establish minimum use quotas for certain goods, are becoming increasingly popular policy tools to promote renewable energy use. In addition to mitigating the pollution externality of conventional energy, clean energy mandates have the goal of promoting research and development (R&D) investments in renewable energy technology. But how well do mandates perform as innovation incent...

This study assesses the economy-wide impacts of cutting CO2 emissions on the Brazilian economy. It finds that in 2040, the business-as-usual CO2 emissions from energy use and industrial processes would be almost three times as high as those in 2010 and would account for more than half of total national CO2 emissions. The current policy aims to reduce deforestation by 70 percent by 2017 and lowe...