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January 2019

Friday Lunch Meeting, Thomas Douenne, 25th of january 2019

25 January 2019

Thomas Douenne (Doctorant à Paris School of Economics / Université Paris 1 Panthéon-Sorbonne) will lecture about his paper The vertical and horizontal distributive effects of energy taxes: A case study of a French policy.   Abstract This paper proposes a micro-simulation assessment of the distributional impacts of the French carbon tax. It shows that the policy is regressive, but could be made progressive by redistributing the revenue through a flat-recycling. However, it would still generate large horizontal distributive effects and…

Thomas Douenne (Doctorant à Paris School of Economics / Université Paris 1 Panthéon-Sorbonne) will lecture about his paper The vertical and horizontal distributive effects of energy taxes: A case study of a French policy.
 
Abstract

This paper proposes a micro-simulation assessment of the distributional impacts of the French carbon tax. It shows that the policy is regressive, but could be made progressive by redistributing the revenue through a flat-recycling. However, it would still generate large horizontal distributive effects and harm an important share of low-income households. The determinants of the tax incidence are characterized precisely, and alternative targeted transfers are simulated on this basis. The paper shows that given the importance of unobserved heterogeneity in the determinants of energy consumption, horizontal distributive effects are much more difficult to tackle than vertical ones.

 
If you wish to receive invitations to FLMs, present your works or unsubscribe from the mailing list please feel free to contact this address: flm@ChaireEconomieduClimat.org
 

Chaire Economie du Climat

Palais Brongniart, 28 Place de la bourse – 75 002 Paris

FLM- Salle du Séminaire – 4è étage (12.30 pm – 2 pm)

See the details of this event

February 2019

Friday Lunch Meeting, Clément Bonnet, 1st of February

01 February 2019

Clément Bonnet (researcher in environmental economics and energy at IFP Energie Nouvelles) will present his article “Copper at the crossroads: Assessing the impact of low-carbon energy transition on a non-ferrous and structural metal”.   Abstract The objective of this article is to evaluate the impact of the energy transition on the copper sector. It aims to establish to what extent the available quantity of copper and the development of the industry can be a risk factor for the low-carbon transition.…

Clément Bonnet (researcher in environmental economics and energy at IFP Energie Nouvelles) will present his article “Copper at the crossroads: Assessing the impact of low-carbon energy transition on a non-ferrous and structural metal”.
 
Abstract

The objective of this article is to evaluate the impact of the energy transition on the copper sector. It aims to establish to what extent the available quantity of copper and the development of the industry can be a risk factor for the low-carbon transition. The starting point of this analysis is the following observation: at service rendered equivalent low-carbon technologies consume more copper than conventional technologies. In view of the magnitude of the technological changes in the transport and electricity production sectors that the energy transition requires, the analysis conducted in this article focuses on these two sectors. The research question aims to know the quantity of copper consumed by 2050 due to the decarbonisation of the transport and electricity production sectors. On the basis of this result, we assess the impact on copper resources of two public policy options. The first is that of a gentler mobility. We compare a “high mobility” scenario to a “low mobility” scenario. These two scenarios are distinguished by the assumptions made on urban sprawl, the nature of urban coverage and the levels of demand for different types of vehicles according to their technical and environmental characteristics. The second public policy option evaluated is the development of the copper recycling sector. To do this, we quantify the impact of recycling on the availability of copper and highlight the fact that recycling helps to reduce the pressure on the supply side and thus reduces the risk of production bottlenecks.

 
 
If you wish to receive invitations to FLMs, present your works or unsubscribe from the mailing list please feel free to contact this address: flm@ChaireEconomieduClimat.org
 

Chaire Economie du Climat

Palais Brongniart, 28 Place de la bourse – 75 002 Paris

FLM- Salle du Séminaire – 4è étage (12.30 pm – 2 pm)

See the details of this event

Friday Lunch Meeting, Olivier Massol, 22th of february 2019

22 February 2019

Olivier Massol (Professor at the Institut Français du Pétrole et Énergies Nouvelles (IFP Énergies Nouvelles)) will lecture about his paper Phasing out the U.S. Federal Helium Reserve: Policy insights from a world helium model (link here).   Abstract This paper develops a detailed partial equilibrium model of the global helium market to study the effects of the recently decided rapid phase out of the U.S. Federal Helium Reserve (FHR), a vast strategic stockpile accumulated during the 1960s. The model incorporates…

Olivier Massol (Professor at the Institut Français du Pétrole et Énergies Nouvelles (IFP Énergies Nouvelles)) will lecture about his paper Phasing out the U.S. Federal Helium Reserve: Policy insights from a world helium model (link here).

 
Abstract

This paper develops a detailed partial equilibrium model of the global helium market to study the effects of the recently decided rapid phase out of the U.S. Federal Helium Reserve (FHR), a vast strategic stockpile accumulated during the 1960s. The model incorporates a detailed representation of that industry and treats both helium producers and the FHR as players in a dynamic non-cooperative game. The goal of each player is assumed to be the maximization of discounted profit, subject to technical and resource constraints. We consider two alternative policies aimed at organizing the phase out of the FHR: the currently implemented one and a less stringent one whereby the FHR would be allowed to operate as a profit-maximizing agent during an extended period of time. Evidences gained from a series of market simulations indicate that, compared to the current policy, a less stringent policy mandate systematically increases the financial return to the U.S. federal budget, always enhances environmental outcomes as it lowers helium venting into the atmosphere, and also augments global welfare in three out of the four scenarios considered in the paper. 

 
If you wish to receive invitations to FLMs, present your works or unsubscribe from the mailing list please feel free to contact this address: flm@ChaireEconomieduClimat.org
 

Chaire Economie du Climat

Palais Brongniart, 28 Place de la bourse – 75 002 Paris

FLM- Salle du Séminaire – 4è étage (12.30 pm – 2 pm)

See the details of this event
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