Climate Change Data Portal
| DOI | 10.1016/j.enpol.2019.110907 |
| Global competition dynamics of fossil fuels and renewable energy under climate policies and peak oil: A behavioural model | |
| Zeppini P.; van den Bergh J.C.J.M. | |
| 发表日期 | 2020 |
| ISSN | 0301-4215 |
| 卷号 | 136 |
| 英文摘要 | We develop a stochastic decision model to analyse the global competitive dynamics of fossil fuels and renewable energy. It describes coal, oil/gas, solar and wind. These differ not only in pollution intensities but also in profitability and innovation potential. The model accounts for the effect of learning curves, path-dependence and climate policies. Adoption shares endogenously affect agents' utility through increasing returns to adoption, learning, and a ‘peak oil’ capacity constraint. We find that peak oil induces a transition to coal rather than renewable energy, which worsens climate change. By introducing climate policies - such as a carbon tax, market adoption or R&D subsidies for renewables, and eliminating existing subsidies for fossil fuels - we identify potential transition patterns to a low-carbon energy system. Model analysis clarifies two main features of climate policies: which ones solve the climate problem, i.e. do not surpass the critical carbon budget; and how uncertain or variable are final market shares of energy sources. © 2019 Elsevier Ltd |
| 英文关键词 | Climate change; Energy policy; Externalities; Learning; Peak oil |
| 语种 | 英语 |
| scopus关键词 | Budget control; Carbon; Climate models; Commerce; Competition; Energy policy; Fossil fuels; Stochastic models; Stochastic systems; Capacity constraints; Competitive dynamics; Externalities; Innovation potential; Learning; Low-carbon energy systems; Peak Oil; Stochastic decision models; Climate change; alternative energy; climate change; competition (economics); decision analysis; energy policy; environmental policy; fossil fuel; learning |
| 来源期刊 | Energy policy
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| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/124975 |
| 作者单位 | Université Côte d'Azur, CNRS, GREDEG, France; Department of Economics, University of Bath, United Kingdom; ICREA, Barcelona, Spain; Institute of Environmental Science and Technology, Universitat Autònoma de Barcelona, Spain; School of Business and Economics & Institute for Environmental Studies, VU University Amsterdam, Netherlands |
| 推荐引用方式 GB/T 7714 | Zeppini P.,van den Bergh J.C.J.M.. Global competition dynamics of fossil fuels and renewable energy under climate policies and peak oil: A behavioural model[J],2020,136. |
| APA | Zeppini P.,&van den Bergh J.C.J.M..(2020).Global competition dynamics of fossil fuels and renewable energy under climate policies and peak oil: A behavioural model.Energy policy,136. |
| MLA | Zeppini P.,et al."Global competition dynamics of fossil fuels and renewable energy under climate policies and peak oil: A behavioural model".Energy policy 136(2020). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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