Related papers: Strategic Investment to Mitigate Transition Risks
In recent years, low-carbon transportation has become an indispensable part as sustainable development strategies of various countries, and plays a very important responsibility in promoting low-carbon cities. However, the security of…
In this paper, I consider a simple heterogeneous agents model of a production economy with uncertain climate change and examine constrained efficient carbon taxation. If there are frictionless, complete financial markets, the simple model…
Since the formal introduction of its "dual-carbon" strategy in 2020, China has witnessed the concepts of green development and sustainability evolve from policy directives into a broad societal consensus. Within this transformative context,…
The transition to a circular economy is pivotal for industrial decarbonization, particularly in the energy-intensive steel sector. While recycling scrap via electric arc furnaces offers a low-carbon alternative to primary production, the…
Carbon taxes are increasingly popular among policymakers but remain politically contentious. A key challenge relates to their distributional impacts; the extent to which tax burdens differ across population groups. As a response, a growing…
Modelling all possible life cycles of a company in a highly competitive economic environment gives a significant advantage to the owner in his business investment activities. This article proposes and analyses a dynamic model of a company's…
Electricity systems are key to transforming today's society into a carbon-free economy. Long-term electricity market mechanisms, including auctions, support schemes, and other policy instruments, are critical in shaping the electricity…
Against the backdrop of ongoing carbon peaking and carbon neutrality goals, accurate prediction of enterprise carbon emission trends constitutes an essential foundation for energy structure optimization and low-carbon transformation…
Decarbonizing the energy sector is one of the main challenges to combat the climate crisis. Cities play an important role to reach climate neutrality as more than 70% of global CO2 emissions originate from urban areas. Decarbonization of…
Storage is vital to power systems as it provides the urgently needed flexibility to the system. Meanwhile, it can contribute more than flexibility. In this paper, we study the possibility of utilizing storage system for carbon emission…
The United States has long pursued regulations that aim to reduce fossil fuel use. However, while potential emission reduction motivates the introduction and enforcement of these regulations, realization of this potential does not obfuscate…
With the onset of climate change and the increasing need for effective policies, a multilateral approach is needed to make an impact on the growing threats facing the environment. Through the use of systematic analysis by way of C-ROADS and…
This study proposes the application of a backcasting approach to a mobility model with the aim of defining an optimal decarbonization roadmap. The selected decision variable is the introduction of a fleet of shared autonomous vehicles. The…
Adaptive networks are a versatile approach to model phenomena such as contagion and spreading dynamics, critical transitions and structure formation that emerge from the dynamic coevolution of complex network structure and node states.…
Scenario pathways (e.g. for the energy transition) often use a single trajectory or a band. That is not sufficient when one needs to understand why outcomes differ and under what stress or uncertainty they arise. Doing so requires tracking…
With net-zero emission goals, low-carbon transitions enter a new phase of development, leading to new challenges for policymaking and research. Multiple transitions unfold in parallel across different sectors. This involves a broad range of…
We study risk-aware linear policy approximations for the optimal operation of an energy system with stochastic wind power, storage, and limited fuel. The resulting problem is a sequential decision-making problem with rolling forecasts. In…
In this paper we consider multiple constrained resource allocation problems, where the constraints can be specified by formulating activity dependency restrictions or by using game-theoretic models. All the problems are focused on generic…
Climate change mitigation is a global challenge that, however, needs to be resolved by national-level authorities, resembling a tragedy of the commons. This paradox is reflected at European scale, as climate commitments are made by the EU…
This paper undertakes an analysis of deforestation in the Amazon area using a pathways-based approach to sustainability. We ground the analysis primarily in the sustainability transitions literature but also draw a bridge with…