| Description |
1 online resource (22 pages, 3 unnumbered pages) : illustrations |
| Series |
Discussion paper series, 0265-8003 ; no. 12647 Public economics |
|
Discussion paper (Centre for Economic Policy Research (Great Britain)) ; no. 12647.
|
| Summary |
Given the agreed urgency of decarbonizing electricity and the need to guide decentralized private decisions, an adequate and credible carbon price appears essential. The paper defines and quantifies the useful concept of the break-even carbon price for mature zero-carbon electricity investments. It appears an attractive alternative given the difficulty of measuring the social cost of carbon, but modelling shows it extremely sensitive to projected fuel prices, the rate of interest, and the capital cost of generation options, all of which are very uncertain. This has important implications, and justifies combining a carbon price floor with suitable long-term contracts for electricity investments |
| Notes |
"Published 24 January 2018." |
|
"Submitted 24 January 2018." |
| Bibliography |
Includes bibliographical references (unnumbered pages 1-3) |
| Notes |
Online resource; title from http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=12647 viewed January 24, 2018 |
| Subject |
Carbon dioxide mitigation -- Economic aspects
|
|
Electric power production -- Environmental aspects
|
|
Electric utilities -- Costs.
|
|
Carbon dioxide mitigation -- Economic aspects.
|
|
Electric power production -- Environmental aspects.
|
|
Electric utilities -- Costs.
|
| Form |
Electronic book
|
| Author |
Centre for Economic Policy Research (Great Britain), publisher.
|
|
