气候变化领域集成服务门户(CCPortal): Global competition dynamics of fossil fuels and renewable energy under climate policies and peak oil: A behavioural model

CCPortal

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
学科领域	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
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
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/118261
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).