Carbon Tax in Taiwan: Path Dependence and the High-Carbon Regime

Resource extraction with a carbon tax and regime

6 7 This paper develops a model of a profit maximizing firm with the option to exploit 8 a non-renewable resource, choosing the timing and pace of development. The resource 9 price is modelled as a regime switching process, which is calibrated to oil futures prices. 10 A Hamilton-Jacobi-Bellman equation is specified that describes the profit maximiza11 tion decision of the firm. The model is ap...

Optimal carbon tax doubled

Typically, cost–benefit analysis (CBA) has suggested ‘optimal’ carbon tax regimes that result in a global temperature rise of around 3 °C, or even eventually (post-2100) 4 °C, above preindustrial levels. However, risk analysis approaches indicate that these levels of temperature rise result in climate change impacts that pose a high or very high level of risk to society and ecosystems1 (Fig. 1)...

investigation of the electronic properties of carbon and iii-v nanotubes

boron nitride semiconducting zigzag swcnt, $b_{cb}$$n_{cn}$$c_{1-cb-cn}$, as a potential candidate for making nanoelectronic devices was examined. in contrast to the previous dft calculations, wherein just one boron and nitrogen doping configuration have been considered, here for the average over all possible configurations, density of states (dos) was calculated in terms of boron and nitrogen ...

A Carbon Tax in China ?

Carbon tax or carbon permits: the impact on generators’ risks

generators’ risks Richard Green Institute for Energy Research and Policy University of Birmingham, Birmingham B15 2TT Tel: +44 121 415 8216 Email: [email protected] October 2007 Abstract Volatile fuel prices affect both the cost and price of electricity in a liberalized market. Generators with the price-setting technology will face less risk to their profit margins than those with costs that...