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Distorted Time Preferences and Structural Change in the Energy Industry

A Theoretical and Applied Environmental-Economic Analysis

Jezik EngleskiEngleski
Knjiga Tvrdi uvez
Knjiga Distorted Time Preferences and Structural Change in the Energy Industry Christoph Heinzel
Libristo kod: 01738095
Nakladnici Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, travanj 2009
This study contributes to the economic discounting debate by examining the welfare and policy implic... Cijeli opis
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This study contributes to the economic discounting debate by examining the welfare and policy implications of distorted time preferences for private investments. The analysis is applied to the energy industry, where it is of particular importance. In the transition to low-carbon energy generation, distorted time preferences are shown to induce a further distortion, in addition to that from the emission externality. Its extent varies directly with the time lag in capital accumulation. In order to implement the socially optimal path, environmental policy needs to be complemented by technology policy. The theoretical findings are applied to the upcoming structural change in the German electricity industry in the 2010s.

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Informacije o knjizi

Puni naziv Distorted Time Preferences and Structural Change in the Energy Industry
Autor Christoph Heinzel
Jezik Engleski
Uvez Knjiga - Tvrdi uvez
Datum izdanja 2009
Broj stranica 166
EAN 9783790821826
ISBN 3790821829
Libristo kod 01738095
Nakladnici Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Težina 450
Dimenzije 155 x 235 x 15

Kategorija

Economics, Finance, Business & Management > Business & Management > Management & management techniques > Management of specific areas > Research & development management
Economics, Finance, Business & Management > Economics > Economics of specific sectors > Environmental economics
Earth Sciences, Geography, Environment, Planning > The environment > Pollution & threats to the environment > Climate change
Economics, Finance, Business & Management > Industry & industrial studies > Energy industries & utilities
Earth Sciences, Geography, Environment, Planning > The environment > Environmental management
Technology, Engineering, Agriculture > Energy technology & engineering
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