Distorted Time Preferences and Structural Change in the Energy Industry A Theoretical and Applied Environmental-Economic Analysis /

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, d...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Heinzel, Christoph (Autor)
Autor Corporativo: SpringerLink (Online service)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Heidelberg : Physica-Verlag HD : Imprint: Physica, 2009.
Edición:1st ed. 2009.
Colección:Sustainability and Innovation,
Temas:
Environmental economics.
Energy policy.
Energy and state.
Economic development.
Environment.
Environmental Economics.
Energy Policy, Economics and Management.
Economic Development, Innovation and Growth.
Environmental Sciences.
Acceso en línea:Texto Completo

MARC

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100 1 |a Heinzel, Christoph.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
245 1 0 |a Distorted Time Preferences and Structural Change in the Energy Industry  |h [electronic resource] :  |b A Theoretical and Applied Environmental-Economic Analysis /  |c by Christoph Heinzel. 
250 |a 1st ed. 2009. 
264 1 |a Heidelberg :  |b Physica-Verlag HD :  |b Imprint: Physica,  |c 2009. 
300 |a XVI, 166 p.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
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347 |a text file  |b PDF  |2 rda 
490 1 |a Sustainability and Innovation,  |x 2197-926X 
505 0 |a Foundations of the Theoretical Analysis -- A Theoretical Model of Structural Change in the Energy Industry -- Summary of Results, Discussion of Assumptions, and Policy Implications -- Foundations of the Applied Analysis -- Technology Choice Under Environmental and Technology Policies -- Optimal Moments of Transition Under Environmental and Technology Policies -- Conclusions. 
520 |a 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. 
650 0 |a Environmental economics. 
650 0 |a Energy policy. 
650 0 |a Energy and state. 
650 0 |a Economic development. 
650 0 |a Environment. 
650 1 4 |a Environmental Economics. 
650 2 4 |a Energy Policy, Economics and Management. 
650 2 4 |a Economic Development, Innovation and Growth. 
650 2 4 |a Environmental Sciences. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer Nature eBook 
776 0 8 |i Printed edition:  |z 9783790825848 
776 0 8 |i Printed edition:  |z 9783790821864 
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830 0 |a Sustainability and Innovation,  |x 2197-926X 
856 4 0 |u https://doi.uam.elogim.com/10.1007/978-3-7908-2183-3  |z Texto Completo 
912 |a ZDB-2-SBE 
912 |a ZDB-2-SXEF 
950 |a Business and Economics (SpringerNature-11643) 
950 |a Economics and Finance (R0) (SpringerNature-43720) 

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