IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-00114655.html
   My bibliography  Save this paper

The impact of climate policies on energy markets and the price of carbon

Author

Listed:
  • Odile Blanchard

    (LEPII-EDDEN - équipe EDDEN - LEPII - Laboratoire d'Economie de la Production et de l'Intégration Internationale - UPMF - Université Pierre Mendès France - Grenoble 2 - CNRS - Centre National de la Recherche Scientifique)

  • Patrick Criqui

    (LEPII-EDDEN - équipe EDDEN - LEPII - Laboratoire d'Economie de la Production et de l'Intégration Internationale - UPMF - Université Pierre Mendès France - Grenoble 2 - CNRS - Centre National de la Recherche Scientifique)

  • Alban Kitous

    (Enerdata)

  • Silvana Mima

    (LEPII-EDDEN - équipe EDDEN - LEPII - Laboratoire d'Economie de la Production et de l'Intégration Internationale - UPMF - Université Pierre Mendès France - Grenoble 2 - CNRS - Centre National de la Recherche Scientifique)

Abstract

[eng] Based on simulations of the POLES model, this paper aims to analyse the interactions between policies to stabilize greenhouse gas concentrations in the atmosphere and the fundamentals of the world oil market. The « carbon value » is the modelling device that reflects the relative harshness of climate policies. It represents the signal that triggers socially responsible investments addressing the climate challenge, ie greenhouse gas abatement investments. We compare a Reference energy scenario and a scenario of emission reductions by a factor four in industrialized countries by 2050. The results show that very ambitious climate policies allow both to mitigate climate change and to manage the depletion of world oil resources. . JEL classification : Q58, Q41
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Odile Blanchard & Patrick Criqui & Alban Kitous & Silvana Mima, 2006. "The impact of climate policies on energy markets and the price of carbon," Post-Print halshs-00114655, HAL.
    • Handle: RePEc:hal:journl:halshs-00114655
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Patrick Criqui & Laurent Viguier, 2000. "Kyoto and technology at world level: costs of CO 2 reduction under flexibility mechanisms and technical progress," International Journal of Global Energy Issues, Inderscience Enterprises Ltd, vol. 14(1/2/3/4), pages 155-168.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:hal:spmain:info:hdl:2441/1gt6nhe6vs8pbb86oi81bt6838 is not listed on IDEAS
    2. Julien Bueb & Lilian Richieri Hanania & Alice Leclezio, 2016. "Border adjustment mechanisms : Elements for economic, legal, and political analysis," Sciences Po publications 2016/20, Sciences Po.
    3. Julien Bueb & Lilian Hanania & Alice Le Clézio, 2016. "Border adjustment mechanisms Elements for economic, legal, and political analysis," WIDER Working Paper Series 020, World Institute for Development Economic Research (UNU-WIDER).
    4. Julien Bueb & Lilian Richieri Hanania & Alice Leclezio, 2016. "Border adjustment mechanisms," Working Papers hal-03469958, HAL.
    5. Julien Bueb & Lilian Richieri Hanania & Alice Le Clézio, 2016. "Border adjustment mechanisms: Elements for economic, legal, and political analysis," WIDER Working Paper Series wp-2016-20, World Institute for Development Economic Research (UNU-WIDER).
    6. Julien Bueb & Lilian Richieri Hanania & Alice Leclezio, 2016. "Border adjustment mechanisms," SciencePo Working papers Main hal-03469958, HAL.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John Foster & Liam Wagner & Phil Wild & Junhua Zhao & Lucas Skoofa & Craig Froome, 2011. "Market and Economic Modelling of the Intelligent Grid: End of Year Report 2009," Energy Economics and Management Group Working Papers 09, School of Economics, University of Queensland, Australia.
    2. Stankeviciute, Loreta & Kitous, Alban & Criqui, Patrick, 2008. "The fundamentals of the future international emissions trading system," Energy Policy, Elsevier, vol. 36(11), pages 4272-4286, November.
    3. Rachid Boutti & El Amri Adil & Florence Rodhain, 2019. "Multivariate Analysis of a Time Series EU ETS: Methods and Applications in Carbon Finance," Post-Print hal-03676358, HAL.
    4. Bunn, Derek W. & Fezzi, Carlo, 2007. "Interaction of European Carbon Trading and Energy Prices," Climate Change Modelling and Policy Working Papers 9092, Fondazione Eni Enrico Mattei (FEEM).
    5. Springer, Urs, 2003. "The market for tradable GHG permits under the Kyoto Protocol: a survey of model studies," Energy Economics, Elsevier, vol. 25(5), pages 527-551, September.
    6. Viguier, Laurent L. & Babiker, Mustafa H. & Reilly, John M., 2003. "The costs of the Kyoto Protocol in the European Union," Energy Policy, Elsevier, vol. 31(5), pages 459-481, April.
    7. Odile Blanchard & Patrick Criqui & Alban Kitous & Silvana Mima, 2006. "Impact des politiques climatiques sur le prix du carbone et les marchés de l’énergie," Revue d'Économie Financière, Programme National Persée, vol. 83(2), pages 91-113.

    More about this item

    Keywords

    PRIX; CARBONE; RESSOURCE ENERGETIQUE; HYDROCARBURES; MODELE POLES; CHANGEMENT CLIMATIQUE; POLITIQUE ENVIRONNEMENTALE; CLIMATE CHANGE; ENVIRONMENTAL POLICY; CARBON PRICE; ENERGY RESOURCES; HYDROCARBONS; SCENARIO; POLES MODEL;
    All these keywords.

    JEL classification:

    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00114655. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.