Energy generated by land-based wind power is expected to play a crucial role in the decarbonisation of the economy. However, with the looming biodiversity and nature crises, spatial allocation of wind power can no longer be considered solely a trade-off against local disamenity costs. Emphasis should also be put on wider environmental impacts, especially if these challenge the...
The benefits and costs of wildlife are contingent on the spatial overlap of animal populations with economic and recreational human activities. By using a production function approach with dynamic spatial panel data models, we analyze the effects of human hunting and carnivore predation pressure on the value of ungulate game harvests. The results show evidence of dynamic spatial...
We analyse the international impact on carbon emissions from national climate legislation in 111 countries over 1996–2018. We estimate trade-related carbon leakage, or net carbon imports, as the difference between consumption and production emissions. Legislation has had a significant negative and roughly similar impact on both consumption and production emissions. The net impact...
We investigate the behavioural responses of natural common-pool resource users to three policy interventions—sanctioned quotas, information provisioning, and a combination of both. We focus on situations in which users find utility in multiple resources (pastures and wild animal stocks) that all stem from the same ecosystem with complex dynamics, and management could trigger a...
Methane directly contributes to air pollution, as an ozone precursor, and to climate change, generating physical and economic damages to different systems, namely agriculture, vegetation, energy, human health, or biodiversity. The methane-related damages to climate, measured as the Social Cost of Methane, and to human health have been analyzed by different studies and considered...
We model the value chain of Carbon Capture and Storage (CCS) by focusing on the decisions taken by actors involved in either capture, transport or storage of CO2. Plants emitting CO2 are located apart. If these invest in carbon capture facilities, the captured CO2 is transported to terminals, which again transport the received amount of CO2 to a storage site. Because of network...
The growing environmental concerns require the characterization of decision support methods that can guide analysts towards more sustainable investment choices. Therefore, in the ex-ante economic evaluations of investments with environmental repercussions, it is of rising interest to give the “right” value to the non-monetary effects in the long term. In this regard, conventional...
Addressing inequality is recognized a worldwide development objective. The literature has primarily focused on examining economic or social inequality, but rarely on environmental inequality. Centering the discussion on economic or social factors does not provide a holistic view of inequality because it is multidimensional and several facets may overlap imposing a...
We compare the performance of four types of support schemes aimed at improving residential energy efficiency in France: the income tax credit, a grant scheme, the reduction of the value-added tax, and the White Certificates. We use the TREMI dataset which covers close to 14,000 households that conducted conservation works. To address self-selection bias, we use a double-robust...
This study mainly investigates 14 Asia Pacific economies’ environmental efficiency. Departing from previous studies ignoring environmental technology heterogeneity, we evaluate environmental efficiency through metafrontier super epsilon based model (EBM). We compare environmental efficiency convergence across different regions via unit root test and truncated regressions. We...
This paper tests for the presence of behavioral biases in household decisions to adopt solar photovoltaic installations using exogenous variation in weather. I find that residential technology uptake responds to exceptional weather, defined as deviations from the long-term mean, in line with the average time gap between decision-making and completion of the installation. In...
This paper provides a behavioural and welfare analysis of an intermediary in biodiversity offset markets. These markets are characterised by high information requirements and transaction costs, threatening economic efficiency and even biodiversity outcomes. Specialised intermediaries facilitate trading by providing information and brokering services. By buying, holding and...
As countries decarbonise, the competition for land between energy generation, nature conservation and food production will likely increase. To counter this, modelling, and sometimes energy policies, use exclusion zones to restrict energy deployment from land deemed as important to society. This paper applies the spatially-explicit ADVENT-NEV model to Great Britain to determine...
This study explores the nexus between digital and green transformations—the so-called “twin” transition—in European regions in an effort to identify the impact of digital and environmental technologies on the greenhouse gas (GHG) emissions originating from industrial production. We conduct an empirical analysis based on an original dataset that combines information on...
The optimal management of scarce transboundary water resources among competitive users is expected to be challenged by the effects of climate change on water availability. The multiple economic and social implications, including conflicts between neighbouring countries, as well as competitive sectors within each country are difficult to estimate and predict, to inform policy...
Numerical optimization models are used to develop scenarios of the future energy system. Usually, they optimize the energy mix subject to engineering costs such as equipment and fuel. For onshore wind energy, some of these models use cost-potential curves that indicate how much electricity can be generated at what cost. These curves are upward sloping mainly because windy sites...
We investigate whether disasters can lead to innovation. We construct a US county-level panel of hurricane damages using climate data, hurricane tracks, and a wind field model and match these to patent applications by the location of their inventor over the last century in the United States. We examine both general innovation and patents that explicitly mention the terms...
Sustainable Intensification (SI) practices offer adopters exploiting improvement potentials in environmental performance of farming, i.e. enhance ecosystem functionality, while maintaining productivity. This paper proposes a directional meta-frontier approach for measuring farms’ eco-efficiency and respective improvement potentials in the direction of farms’ ecological output for...
This Afterword to The Economics of Biodiversity: The Dasgupta Review discusses (i) the ideas in the Review that have been accepted readily by decision makers and are being put into operation, (ii) those that have been accepted but are judged by decision makers to be unworkable in the contemporary climate, (iii) those that are seen as politically too sensitive even to acknowledge...
We propose a new method for standardizing the production technology at the world average level and derive interpretations for the resulting carbon emission concepts. The technology-adjusted emission balance measures net weak carbon leakage defined as the difference between the foreign emissions avoided by exports and the foreign emissions generated by imports. We use global multi...
Coastal amenities are public goods that represent an important attraction for tourism activities. This paper studies the capitalization effects of beach characteristics using hedonic pricing methods. We examine the implicit economic value of several beach characteristics like sand type, width, longitude, accessibility, or frontage in the Airbnb rental market. Using data for 16...