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June 2022

Friday Lunch Meeting Research, Raja Chakir, June 17th 2022

17 June 2022

Speaker

Raja Chakir is a Research Director, Paris-Saclay Applied Economics, INRAE-AgroParisTech.

Title 

The impact of Climate Change on Farmland Prices: a Repeat-Ricardian analysis

Abstract
Ricardian analyses of farmland values have become a cornerstone of the literature assessing the impacts of climate change on the value of agriculture. However, concerns about the lack of a formal econometric strategy to deal with omitted farmland characteristics have raised doubts about the identification of such impacts. This paper proposes an original method for estimating Ricardian models with plot fixed effects to control for confounding omitted variables. Specifically, we use plot-level repeat-sale data to investigate how differences in farmland prices are explained by differences in climate conditions between two sale dates in France from 1996 to 2019. We show that, in comparison to our repeat-Ricardian estimates, standard Ricardian analyses result in artificially low benefits of climate change. In particular, our repeat-Ricardian estimates indicate that hotter summers should benefit French agriculture, in complete opposition to our pooled Ricardian estimates or to the remainder of the literature. Our repeat-Ricardian results are robust to several specifications, length-definitions of climate and sub-samples. Our simulations suggest that the omitted variable bias in standard Ricardian analyses leads to an underestimation of the impacts of future climate changes of between 56% and 96%.
 

Practical informations:

Our Friday Lunch Meeting will take place from 12.30 pm – 2.00 pm

Due to the sanitary context, the registration to the seminar will be online only.

To participate, we invite you to register here

The link will be sent to you once your registration completed.

To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
 
See the details of this event

May 2022

Friday Lunch Meeting Research, Akshaya Jha, may 20th 2022

20 May 2022

Speaker

Akshaya Jha is an Assistant Professor of Economics and Public Policy.

Institution: Heinz College of Information Systems and Public Policy, Carnegie Mellon University

Title 

“Start-up Costs and Market Power: Lessons from the Renewable Energy Transition”

Abstract
 
Firms expect to recover the fixed costs required to start production by earning positive operating profits in subsequent periods. We develop a dynamic framework to calculate the series of prices and plant output allocations that minimize the production costs of serving electricity demand and allows for the recovery of the start-up costs incurred by fossil-fuel power plants. Using this framework, we show that static comparisons of observed market prices and marginal costs can overstate the rents attributable to market power in an electricity market where power plants frequently stop and start production in response to output from rooftop solar panels. We estimate that increases in solar capacity correspond to increases in the aggregate operating profits earned by fossil-fuel plants because competition softens at sunset – plants displaced by output from solar panels during the day must incur start-up costs to compete in the evening, reducing the number of plants operating in the evening and thus increasing firms’ ability to exercise market power.
 

Practical informations:

Our Friday Lunch Meeting will take place from 12.30 pm – 2.00 pm

Due to the sanitary context, the registration to the seminar will be online only.

To participate, we invite you to register here

The link will be sent to you once your registration completed.

To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
 
See the details of this event

April 2022

Friday Lunch Meeting Debate, Emmanuel Combet, April 15th 2022

15 April 2022

 

Speaker

Emmanuel Combet is a researcher, senior economist in the Foresight and Research Executive Department of ADEME, coordinator of the foresight program.

Title 

Ademe “Transition(s) 2050” scenarios: Four transition scenarios towards carbon neutrality in France

Abstract
 
Faced with the climate emergency, the changes to be made are of such magnitude that it is nevertheless essential to accelerate the debates on the choices of society to be made, especially since the path to be taken remains unclear, even unknown. , for decision-makers and citizens. This is why ADEME wanted to submit to the debate four “typical” paths, coherent and contrasting to lead France towards the objective of carbon neutrality in 2050. This unprecedented forecasting exercise is based on two years of development work, the mobilization of around a hundred ADEME employees and regular exchanges with a scientific committee and external partners and service providers, specialists in the various fields. This seminar will be an opportunity to review and discuss this work, the methods used and the analyzes carried out, as well as the information and lessons that can be drawn from it. The published documents, the presentation of the scenarios and the main lessons are available online here.
 

Practical informations:

Our Friday Lunch Meeting will take place from 12.30 pm – 2.00 pm

Due to the sanitary context, the registration to the seminar will be online only.

To participate, we invite you to register here

The link will be sent to you once your registration completed.

To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
 
See the details of this event

March 2022

Friday Lunch Meeting Research, Jean-Philippe Nicolaï, March 18th 2022

18 March 2022

Speaker

Jean-Philippe Nicolaï is Professor of Economics at Grenoble INP-Génie Industriel, member of the Gael laboratory

Title 

“Digital sobriety certificates as an instrument for regulating digital pollution” co-written with Lise Péragin (M2 EEET Paris-Saclay)

Abstract
 
The objective of this article is to study digital pollution and to question the possibility of establishing certificates of digital sobriety which would aim to promote investments or changes in practices in terms of digital sobriety. This project is inspired by the concept of energy saving certificates which have been implemented in several European countries. The principle would be to implement obligations relating to certain digital players in order to make investments in digital sobriety.

Practical informations:

Our Friday Lunch Meeting will take place from 12.30 pm – 2.00 pm

Due to the sanitary context, the registration to the seminar will be online only.

To participate, we invite you to register here

The link will be sent to you once your registration completed.

To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
 
See the details of this event

February 2022

Friday Lunch Meeting Research, Imelda, February 18th 2022

18 February 2022

Speaker

Imelda is Assistant Professor of Economics in Graduate Institute, Geneva.

Title 

Market Power and Price Exposure: Learning from Changes in Renewables’ Regulation

Background
 
We provide theoretical and empirical results regarding the market power implications of different types of renewable support schemes in electricity markets. In particular, we seek to understand how the exposure of renewable energies to wholesale price fluctuations affects the overall degree of market power. Theoretically, we find that shielding renewables from price fluctuations is effective at curbing market power in relatively concentrated markets. Empirically, we leverage several short-lived changes to renewables’ support mechanisms in the Spanish electricity market and find that the switch from fixed to market-based pricing caused a 2-4% reduction in the average price-cost markup.
 

Practical informations:

Our Friday Lunch Meeting will take place from 12.30 pm – 2.00 pm

Due to the sanitary context, the registration to the seminar will be online only.

To participate, we invite you to register here

The link will be sent to you once your registration completed.

To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
 
See the details of this event

January 2022

Friday Lunch Meeting Research, Emmanuel Hache, January 21st 2022

21 January 2022

 

Speaker

Emmanuel HACHE is an economist-prospectivist in the Economics and Environmental Assessment department of IFP Énergies nouvelles. Doctorate in Economics from the University of Paris I and authorized to supervise research at the University of Paris-Nanterre. He is research director at the Institute of International and Strategic Relations (IRIS) and associate researcher at Economix (EconomiX-CNRS, University Paris Nanterre). He is the leader of the GENERATE project (Geopolitics of renewable energies and prospective analysis of energy transition), which received funding from the National Research Agency (ANR) between 2017 and 2020. , Kyoto University (Japan)

Title 

Prospective methodology for assessing the material needs of the energy transition.

Abstract
 
European Union regulations require automakers to comply with specific targets for the CO2 emissions rates of the new vehicles they sell. The targets have been tightened at regular intervals since the beginning of the regulatory program in 2012. EU directives also seek to attain a zero-emissions fleet by 2035. In addition, several member states have adopted measures to encourage the sales of low-emissions and electric vehicles (EVs). We examine the role of such policies—compared with “traditional” determinants of car sales, such as taxes and fuel prices, local ordinances banning diesel vehicles from entering specific areas, and the EV charging infrastructure—using new car sales data from Germany from January 2014 to March 2020. With over three million new cars sold every year, a fleet of over 48 million (as of 2019), and a renowned auto industry, Germany is the largest car market in Europe. The average CO2 emissions of new cars sold in Germany declined at a fast rate until approximately 2016, then leveled off and even slightly increased as the share of diesel vehicles dropped. Some of these “missing” diesel cars appear to have been replaced for the most part by conventional gasoline vehicles. Hybrids, plug-in hybrids and EVs have been growing, but in a less than proportional fashion. In Germany the annual car circulation tax is linked with the CO2 emissions rate of the vehicles, penalizing vehicles with larger engines, diesel engines, and higher CO2 emissions rate per km (Alberini and Horvath, 2021). As of 2016, substantial rebates have been offered to drivers who purchase all electric vehicles and plug-in hybrids. Concerns however have been expressed as to whether the charging infrastructure remains a limiting constraint to the purchase of EVs (Illmann and Kluge, 2020; Sommer and Vance, 2021) and whether subsidies to charging stations are more effective than rebates to consumers (Cole et al., 2021). In addition, certain metro areas in Germany have adopted or have been considering the adoption of diesel vehicle bans out of concern for local pollution problems, a trend that partly overlapped with the Volkswagen “Dieselgate” scandal. We use a panel dataset documenting new car sales data at the Bundesland (state) level from 2014 to early 2020 to examine which of these factors seem to have been more effective at shaping new cars sales. We exploit the variation in taxes, fuel costs and rebates across types of cars and over time, as well as the variation in diesel ban ordinances and charging infrastructure across locales and over time. Our goal is to disentangle the effect of each factor and policy, assess the contribution of each to the new car sales patterns and CO2 emissions, and to examine the heterogeneity of such effects across different parts of the country.

Practical informations:

Our Friday Lunch Meeting will take place from 12.30 pm – 2.00 pm

Due to the sanitary context, the registration to the seminar will be online only.

To participate, we invite you to register here

The link will be sent to you once your registration completed.

To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
 
See the details of this event

Exceptional Friday Lunch Meeting Research, Anna Alberini, January 14th 2022

14 January 2022

 

Speaker

Anna Alberini received her PhD in economics from the University of California San Diego. She is a professor in the Department of Agricultural and Resources Economics at UMD. She currently teaches PhD-level econometrics and an undergraduate course on the economics of climate change, and supervises numerous graduate and undergraduate research projects. She is an energy economist and an environmental economist with a major focus on the economics of health and safety and non-market valuation. Her energy economics research focuses on residential energy demand, energy efficiency decisions and consequences of such decisions, policies targeted as shaping residential energy demand, and on vehicle fuel economy and driving decisions. Alberini is currently a member of the Editorial Board of The Energy Journal, the International Advisory Board of Energy Policy, and an associate Editor of Energy Efficiency. She is also the Chair of the American Statistical Association’s Advisory Committee to the US Energy Information Administration, and has previously served two stints on the US EPA Science Advisory Board—Environmental Economics.

Title 

Competing Forces in the German New Car Market:How do they Affect Diesel, PHEV, and BEV Sales? by Anna Alberini, Marco Horvath and Colin Vance.

PowerPoint Presentation

Abstract
 
In the context of the energy transition, the criticality of materials (cobalt, copper, lithium, nickel, etc.) entering into the composition of low-carbon technologies could be exacerbated by the increase in their consumption. The objective of this presentation is to propose a forward-looking methodology based on the Times Markal model developed at IFPEN to assess the consumption of materials by 2050 and the public policies necessary to reduce criticality.

Practical informations:

Our Friday Lunch Meeting will take place from 12.30 pm – 2.00 pm

Due to the sanitary context, the registration to the seminar will be online only.

To participate, we invite you to register here

The link will be sent to you once your registration completed.

To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
 
See the details of this event

December 2021

Friday Lunch Meeting Debate, Joseph Delatte, December 17th 2021

17 December 2021

 

Speaker

Joseph Delatte is a Postdoctoral Junior Researcher at the Joint Research Project for Renewable Energy Economics, Kyoto University (Japan)

Title 

COP26: from Paris’s promises to concrete actions?

Abstract
 
Six years after the Paris Agreement, COP26 is the most significant momentum for countries of the world to agree on concrete pathways to reach the 1.5-degrees target. The summit’s critical questions encompass enhancing NDCs, deciding on solid Finance packages for developing countries, producing new public-private partnerships for technological breakthroughs, and finalizing the Paris rules book, especially on Article 6. This seminar will discuss COP 26’s achievements on these critical issues. In addition, it will further engage the discussion on the serious political challenges surrounding the enforcement of Article 6 and internationally transferred mitigation outcomes.

Practical informations:

Our Friday Lunch Meeting will take place from 12.30 pm – 2.00 pm

Due to the sanitary context, the registration to the seminar will be online only.

To participate, we invite you to register here

The link will be sent to you once your registration completed.

To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
 
See the details of this event

November 2021

Friday Lunch Meeting Debate, Laura Foglia, November 19th 2021

19 November 2021

 

Speaker

Laura Foglia is a consultant in transition to low-carbon mobility and Mobility project director at The Shift Project think tank. Graduated in Political Economy (Bocconi Milan) and Management (HEC Paris), she specialized in Transport at ENPC in Paris. After working with international organizations, she was for 12 years consultant and director of transport planning projects at Systra (engineering subsidiary of RATP and SNCF), then head of mission at Ile-de France Mobilités, and responsible of the Transport and Mobility Studies division of the Artélia group. She regularly speaks as a lecturer in Masters and Continuing Education (ENPC, Ihédate, CNFPT, etc.), with State organizations (ADEME, France Mobilités, CEREMA, etc.) and local communities, and leads workshops on awareness-raising and support for change in the area of ​​the transition to low-carbon mobility.

Title 

Decarbonize mobility in the territories

Abstract
 
This presentation is the result of a project carried out by Laura Foglia as part of the Think Tank The Shift Project, the “Guide to low-carbon everyday mobility”. The project, which took place over one year, consisted in exploring the most relevant actions and policies to decarbonize daily mobility in the territories, with a particular focus on medium density areas and on levers of action. actionable in the short term (a municipal mandate). It drew on a lot of experience feedback from the Mobility Organizing Authorities (AOM), town planning agencies, corporate mobility advisers and other interlocutors (transport operators, bicycle associations, etc.).

Practical informations:

Our Friday Lunch Meeting will take place from 12.30 pm – 2.00 pm

The presentation will be in french.

You can attend it at the Palais Brongniart or via the Zoom tool.

To participate, we invite you to register here

1. If you have selected the “online” mode, the link will be sent to you once your registration completed.

2. If you wish to participate in our face-to-face event, here is our address: Palais Brongniart, 28 Place de la Bourse – 75 002 Paris FLM- Seminar Room – 4th floor

To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
 
See the details of this event

October 2021

Friday Lunch Meeting Research, Kelly Cobourn, October 15th 2021

15 October 2021

Speaker

Kelly Cobourn is Associate Professor of Natural Resource Economics (Virginia Tech).

Title 

Forest transitions and ecosystem collapse: an analysis of the role of substitutability between primary and secondary forests.

Abstract
 
Across the developing world, the deforestation of primary, native forests supports economic activity at the cost of environmental degradation with global, long-term consequences. Events like record-setting wildfires in the Amazon highlight the potential for deforestation to drive ecosystems past potentially irreversible tipping points, such as a shift from tropical forest into grassy savanna. Investments in reforestation with secondary forests are one potential tool to avert or delay tipping points, but the success of this strategy depends on the degree to which secondary and primary forests are substitutes in the production of ecosystem services. We develop a dynamic optimization model and simulation to explore how deforestation, reforestation, and the degree of substitutability between forest types affects the likelihood that a forest system will cross a tipping point. We demonstrate that if the ecosystem services provided by secondary forests do not offset the losses from deforestation, collapse may occur despite ongoing investments in planting, especially if costs of securing land tenure are high. Conversely, our results suggest that secondary forest management practices and species selection that increase the substitutability of secondary for primary forests can play an important role in avoiding or slowing costly ecosystem change.

To learn more about Dr Kelly Cobourn it’s here

Useful information

Our Friday Lunch Meeting will take place exceptionally from 12.00 pm – 1.30 pm

The presentation will be in english.

You can attend it at the Palais Brongniart or via the Zoom tool.

To participate, we invite you to register here

1. If you have selected the “online” mode, the link will be sent to you once your registration completed.

2. If you wish to participate in our face-to-face event, here is our address: Palais Brongniart, 28 Place de la Bourse – 75 002 Paris FLM- Seminar Room – 4th floor

To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org
 
See the details of this event
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