Economic Analysis of Projects in a Greenhouse World

Economic Analysis of Projects in a Greenhouse World

Recent carbon market prices are substantially lower than mean or median estimates of the social cost of carbon in the literature. Intuition would therefore suggest that 'investment errors' are being made, in the sense that markets favor h...

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Bibliographic Details
Main Authors:	Hamilton, Kirk, Stover, Jana
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2012
Subjects:	AIR AIR POLLUTANTS AIR POLLUTION ATMOSPHERIC CONCENTRATIONS AUCTION BIOMASS CALCULATION CAPITAL COSTS CAPITAL MARKETS CAPS CARBON CARBON EMISSION CARBON EMISSIONS CARBON EMISSIONS FROM FOSSIL CARBON ESTIMATES CARBON FLOWS CARBON FUND CARBON MARKET CARBON MARKET TRANSACTIONS CARBON MARKETS CARBON OFFSET CARBON OFFSETS CARBON PRICE CARBON PRICES CARBON PRICING CARBON PROJECT CARBON PROJECTS CARBON TECHNOLOGIES CERTIFIED EMISSION REDUCTION CLEAN DEVELOPMENT CLEAN DEVELOPMENT MECHANISM CLIMATE CLIMATE CHANGE CLIMATE SENSITIVITY CO CO2 COAL COAL TECHNOLOGIES COMBUSTION COST ESTIMATES COST OF ELECTRICITY DAMAGES DISCOUNT RATE DISCOUNT RATES DIVERGENCE ECONOMIC ANALYSIS ECONOMIC EFFECTS ECONOMIC GROWTH ECONOMICS OF CLIMATE CHANGE ELECTRIC GENERATION ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRICITY ELECTRICITY GENERATION ELECTRICITY PRICE ELECTRICITY PRICES EMISSION EMISSION CAP EMISSION FACTOR EMISSION FACTORS EMISSION PERMIT MARKET EMISSION PERMITS EMISSION REDUCTION EMISSION REDUCTIONS EMISSION TRADING EMISSIONS ENERGY PRICES ENERGY SOURCES ENERGY SYSTEMS ENVIRONMENTAL ECONOMICS ENVIRONMENTAL REGULATION EQUIVALENT EMISSIONS FINANCIAL CRISIS FOSSIL FUEL FOSSIL FUEL USE FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL COSTS GAS GASIFICATION GLOBAL CARBON EMISSIONS GLOBAL WARMING GLOBAL WARMING POTENTIAL GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES GRID ELECTRIFICATION INCOME INPUT PRICES INVESTMENT DECISIONS KILOWATT-HOUR LOW-CARBON MARKET FOR EMISSION ALLOWANCES MARKET PRICE MARKET PRICES MARKET VALUE NATIONAL EMISSIONS NOX NUCLEAR ENERGY OFFSHORE WIND ONSHORE WIND PEAK LOAD PERMIT TRADING PM10 POLICY IMPLICATIONS POLICY MAKERS POWER GENERATION PRESENT VALUE REGULATORY IMPACT ANALYSIS RELATIVE PRICES RENEWABLE TECHNOLOGIES SALE SALES SCENARIOS SOCIAL COST OF CARBON SOLAR THERMAL SOX SPOT PRICES VOLATILITY WIND
Online Access:	http://documents.worldbank.org/curated/en/2012/07/16459800/economic-analysis-projects-greenhouse-world http://hdl.handle.net/10986/11939

Internet

http://documents.worldbank.org/curated/en/2012/07/16459800/economic-analysis-projects-greenhouse-world
http://hdl.handle.net/10986/11939