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Many uncertainties and controversies surround the future of the global energy system. The Targets IMage Energy (TIME) model of which a concise description is given, is used to explore the consequences of divergent assumptions about some uncertain and controversial issues. The IPCC-IS92a Conventional Wisdom scenario is used as a reference and, in combination with two other scenarios, discussed in the context of other recently published global energy scenarios.

Many uncertainties and controversies surround the future of the global energy system. The Targets IMage Energy (TIME) model of which a concise description is given, is used to explore the consequences of divergent assumptions about some uncertain and controversial issues. The IPCC-IS92a Conventional Wisdom scenario is used as a reference and, in combination with two other scenarios, discussed in the context of other recently published global energy scenarios.

One hundred and three estimates of the marginal damage costs of carbon dioxide emissions were gathered from 28 published studies and combined to form a probability density function. The uncertainty is strongly right-skewed. If all studies are combined, the mode is $2/tC, the median $14/tC, the mean $93/tC, and the 95 percentile $350/tC. Studies with a lower discount rate have higher estimates and much greater uncertainties. Similarly, studies that use equity weighing, have higher estimates and larger uncertainties. Interestingly, studies that are peer-reviewed have lower estimates and smaller uncertainties. Using standard assumptions about discounting and aggregation, the marginal damage costs of carbon dioxide emissions are unlikely to exceed $50/tC, and probably much smaller. © 2004 Elsevier Ltd. All rights reserved.

One hundred and three estimates of the marginal damage costs of carbon dioxide emissions were gathered from 28 published studies and combined to form a probability density function. The uncertainty is strongly right-skewed. If all studies are combined, the mode is $2/tC, the median $14/tC, the mean $93/tC, and the 95 percentile $350/tC. Studies with a lower discount rate have higher estimates and much greater uncertainties. Similarly, studies that use equity weighing, have higher estimates and larger uncertainties. Interestingly, studies that are peer-reviewed have lower estimates and smaller uncertainties. Using standard assumptions about discounting and aggregation, the marginal damage costs of carbon dioxide emissions are unlikely to exceed $50/tC, and probably much smaller. © 2004 Elsevier Ltd. All rights reserved.

Abstract The purpose of this paper is to examine the relationship between the use of external support for the adoption of resource efficiency practices and the extent and profitability of this adoption by Small and Medium-sized Enterprises (SMEs). We distinguish between direct financial support and indirect support in the form of advice and consulting services related to the adoption of resource efficiency practices. We use data from the 2013 FLASH EUROBAROMETER survey of a sample of European manufacturing SMEs. Our results show that the effects of the adoption of resource efficiency practices on production costs are higher among firms that receive external financial support for adoption, as well as among those firms that adopt a wide set of process reengineering measures for resource efficiency. However, external technical and business advice plays an important role in the extent of adoption of different resource efficiency measures.

Abstract The purpose of this paper is to examine the relationship between the use of external support for the adoption of resource efficiency practices and the extent and profitability of this adoption by Small and Medium-sized Enterprises (SMEs). We distinguish between direct financial support and indirect support in the form of advice and consulting services related to the adoption of resource efficiency practices. We use data from the 2013 FLASH EUROBAROMETER survey of a sample of European manufacturing SMEs. Our results show that the effects of the adoption of resource efficiency practices on production costs are higher among firms that receive external financial support for adoption, as well as among those firms that adopt a wide set of process reengineering measures for resource efficiency. However, external technical and business advice plays an important role in the extent of adoption of different resource efficiency measures.

Abstract This paper investigates on the determinant factors that drive the Italian regions toward a sustainable development path and evaluates the effectiveness of European Regional Development incentives in promoting investments in renewable energy sources (RES). Starting from the consideration that there are spillover effects between similar regions, first we identify the factors that capture these similarities, then we use them to evaluate their relevance in determining the success of the investments in RES. An econometric analysis, based on the use of spatial panel specification model, is implemented to support the hypotheses. Two important results emerge from the study. The first is the identification of regional determinants of RES production, that are driven by the similarities between regions, and that can be interpreted as guidelines in the policy choices in support of investments. The second is the lack of effectiveness of the incentives in support of RES. Results indicate that the capacity of some regional governments to direct the funds allocated by the central government or European Commission towards efficient production of renewable energy is likely limited, and these incentives have been undone.

Abstract This paper investigates on the determinant factors that drive the Italian regions toward a sustainable development path and evaluates the effectiveness of European Regional Development incentives in promoting investments in renewable energy sources (RES). Starting from the consideration that there are spillover effects between similar regions, first we identify the factors that capture these similarities, then we use them to evaluate their relevance in determining the success of the investments in RES. An econometric analysis, based on the use of spatial panel specification model, is implemented to support the hypotheses. Two important results emerge from the study. The first is the identification of regional determinants of RES production, that are driven by the similarities between regions, and that can be interpreted as guidelines in the policy choices in support of investments. The second is the lack of effectiveness of the incentives in support of RES. Results indicate that the capacity of some regional governments to direct the funds allocated by the central government or European Commission towards efficient production of renewable energy is likely limited, and these incentives have been undone.