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October 2019

Friday Lunch Meeting, Etienne Espagne , October 18th 2019

18 October 2019

Speaker

Etienne Espagne,economist at the research department of the French Development Agency (AFD) and associate researcher at CERDI  

 

Title

 Impacts of Extreme Climate Events on Technical Efficiency in Vietnamese Rice Farming

Authors: Yoro Diallo (CERDI), Sébastien Marchand (CERDI) and Etienne Espagne (AFD and CERDI)

 

Abstract
 
The aim of this study is to examine farm household-level impacts of weather extreme events on Vietnamese rice technical efficiency. Vietnam is considered among the most vulnerable countries to climate change, and the Vietnamese economy is highly dependent on rice production that is strongly affected by climate change. A stochastic frontier analysis is applied with census panel data and weather data from 2010 to 2014 to estimate these impacts while controlling for both adaptation strategy and household characteristics. We find that weather shocks measured by the occurrence of floods, typhoons and droughts negatively affect technical efficiency. Also, additional days with a temperature above 31°C dampen technical efficiency and the negative effect is increasing with temperature. Also, this study combines estimated marginal effects of extreme temperature on technical efficiency with future climate scenarios (RCP 4.5 and 8.5) to project the potential impact of hot temperatures till the end of century on rice technical efficiency.
 
 
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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)

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Save the Date . CEC Annual Conference – Transition to a low-carbon economy – Friday, October 11th 2019

11 October 2019
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September 2019

Friday Lunch Meeting, Jean-Philippe Nicolai , September 20th 2019

20 September 2019

Speaker

Jean-Philippe Nicolai, Lecturer at Paris Nanterre University.

 

Title

Designing an EU Ship Recylcing Licence: A Roadmap

Authors: Jean-Philippe Nicolai et Caroline Devaux

 

Abstract
 
Faced with the widespread use of dismantling sites in Asia, whose processes present alarming health and
environmental issues, the European Commission has raised the question of implementing a financial mechanism to encourage
shipowners to use higher standards for ship recycling.
This mechanism would take the form of a recycling licence applicable to any vessel wanting to call at a port within EU territory, whether flying the flag of an EU Member State or of a third country.
The present paper aims to critically assess the main features of the EU’s proposed mechanism from a legal and economic
perspective and to examine the criticisms the mechanism has received to date. Our study shows that reform is desirable but
that the nature and success of the proposed licence remain uncertain, depending on whether the mechanism is able to provide
sufficient incentives. In this light, the paper makes several suggestions designed to improve the project’s economic and legal
viability. It also shows that such a project could speed up the entry into force of the Hong Kong Convention for the Safe and
Environmentally Sound Recycling of Ships adopted in May 2009, whose ratification process has been severely delayed.
 
 
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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)

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Cancellation – Round table “Economics of Electricity” with Anna Creti and Fulvio Fontini – Friday, September 13th 2019

13 September 2019

Following the RATP strike announced on Friday September 13th, we regret to have to cancel the round table of Anna Creti and Fulvio Fontini which was scheduled to take place at the Paris-Dauphine University.

We will keep you informed as soon as possible of any possible postponement of dates.

For the release of the book Economics of Electricity. Markets, Competition and Rules Cambridge University Press from Anna Creti and Fulvio Fontini, the Climate Economics Chair is inviting you to assist at the round table organized on Friday, September 13th from 4.30pm to 6.30 pm with : 

 

  • The authors : Anna Creti (Paris-Dauphine, CEC) and Fulvio Fontini (Università degli Studi di Padova, Italie)
  • Sylvie Aniel (Paris-Dauphine)
  • Claude Crampes (Toulouse School of Economics)
  • Patrice Geoffron (Paris-Dauphine)
  • Fabienne Salaun (EDF)

Université Paris-Dauphine – Salle A709

Free registration requiredlimited place

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July 2019

Friday Lunch Meeting, Jonathan Wiener, July 12th 2019

12 July 2019

Speaker

Jonathan Wiener, Professor of Law and Public and Environmental Policy at Duke University and Associate Researcher at Resources for the Future (RFF).

Title 

Climate Policy in the American Legal System

Brief abstract
 
In the United States, climate change policy may be shaped not only by the Congress and by executive agencies such as US EPA, but also by judicial decisions. This presentation will discuss the prospects for important cases unfolding in the American courts, notably the ‘Juliana’ case brought on behalf of children to press the US government to take more action on climate change, and the likely challenges to the new US EPA rules on greenhouse gas emissions from electric power (the new Trump Administration ACE rule to replace the Obama Administration CPP) and from vehicles (the Trump Administration SAFE rule to revise the Obama Administration CAFE rule).
 
 
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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)

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June 2019

Friday Lunch Meeting, Laurence Scialom, June 28th 2019

28 June 2019

Speaker

Laurence Scialom, University Professor at Paris Ouest Nanterre. Member of the Scientific Advisory Board of the French Prudential Supervisory and Resolution Authority (ACPR) and the Investor Advisory Committee of the Autorité des marchés financiers (AMF). 

Title

La fascination de l’ogre – ou comment desserrer l’étau de la finance

Abstract
Finance today operates in a vacuum, serving above all its own interests. But banks are supposed to meet the needs of companies. To finance projects and manage risks: how could we forget the essential? Why do States so obediently serve the interests of the financial sector? Such questions escape democratic debate because the jargon that prevails in these environments makes them unintelligible to citizens. Laurence Scialom’s essay aims to demystify finance and allow independent reflection on these questions. It strengthens the self-defense capabilities of our economies in the face of often predatory finance: let’s stop feeding the ogre! By applying the reforms outlined in this book, we would be able to consider finance clearly and put it in its proper place.
 
 
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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)

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Friday Lunch Meeting, Madeline Werthschulte, June 21st 2019

21 June 2019

Speaker

Madeline Werthschult, MSC Research Assistant at the Chair of Microeconomics (WWU Munster) with a Focus on Energy and Resource Economics.

Article
Cost Misperceptions and Energy Consumption. Authors: Madeline Werthschulte and Andreas Löschel
 
Abstract
The aim of this study is to analyse the extent to which energy cost misperceptions can predict households’ energy consumption. The focus is on two sorts of misperceptions: first, uncertainty in energy prices and second, present biased discounting of future energy costs. By running an artefactual field experiment with a representative sample of 711 participants, we gather incentivized measures of these two misperceptions and observe participant’s revealed electricity consumption. Our main finding is that participants with present bias are predicted to consume on average 9% more electricity than participants with time-consistent discounting. Our results further suggest that neither the true marginal electricity price nor the expected marginal electricity price can predict electricity consumption. Taken together our results raise doubt in the effectiveness of classical price based policies.
 
 
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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)

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May 2019

Friday Lunch Meeting, Marielle Brunette, May 24th 2019

24 May 2019

Speaker

Marielle Brunette, researcher at INRA and at the Office of Theoretical and Applied Economics (Nancy)

Article
Propensity and Intensity of Adaptation: The Role of Forester’s Preferences in Risk and Uncertainty (co-authored with M. Hanewinkel and R. Yousefpour, 2019)
 
Abstract
This paper studies the foresters’ risk and uncertainty preferences as a potential driver for adaptation decisions towards climate change. Adaptation decisions are analysed in terms of propensity to adapt and intensity of adaptation. We build a questionnaire in which we quantified risk and uncertainty preferences through lottery choices. We also ask questions about adaptation decisions, and about the characteristics of the forest and the forester. We show that French foresters are, on average, more risk and uncertainty averse than German ones. Our results also reveal that most of the foresters has already modified their management practices, in particular by increasing the species mix and assisting more the tree regeneration. When adaptation is not implemented, the main explanation is the lack of information. The forester who has the higher propensity to adapt is young, rich, with a low degree of risk aversion, and is German. The intensity of the adaptation is negatively influenced by risk aversion and being a French forester. Finally, uncertainty aversion has no significant impact neither on the propensity to adapt nor on the intensity of adaptation.
 
 
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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)

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Friday Lunch Meeting, Jacques de Gerlache, May 17th 2019

17 May 2019
Speaker
 
Jacques de Gerlache, Ecotoxicologist and Professor at the Paul-Lambin Institute (Brussels), Scientific Advisor to the Belgian Federal Council for Sustainable Development.
 
Book
Mettre en oeuvre les transitions énergétiques – Stratégie intégrative et gestion opérationnelle (Dunod Editions)
 
Abstract

Greenhouse gases, energy production (fossil, renewable, nuclear), transformation, transportation or storage: the challenges of global energy transitions are many and varied. So much so that policy makers, economists or business leaders often tend to consider them individually. This book proposes an integrative approach to these energy transitions, taking into account all the dimensions of these issues. After making an inventory of current energy issues, he explains how all these aspects are closely related and why treating them independently will only lead to inefficient solutions. It then synthesizes them into a global strategy and then proposes an operational methodology to implement action plans, whether at local, national or international level.
 
 
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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

April 2019

Friday Lunch Meeting, Alexis Tantet, 26th april 2019

26 April 2019
Speaker
 
Alexis Tantet, Postdoctoral fellow at the Dynamic Meteorology Laboratory of the Polytechnic School
 
Title
 
 
Extract
 
We develop a renewable energy mix optimization program. The main novelty is to take into account and evaluate the impact of climate variability, from multi-decadal to hourly time scales, on the mix. This impact is resolved by plugging regional climate simulations over the 1989–2012 period into renewable energy production and demand models at regional scale. The optimal mix is then inferred from a mean-variance analysis with as objectives both to maximize the mean of the total renewable penetration and to minimize the variance, or risk, of the latter. We consider two cases: in the first one, the analysis takes cross-region correlations in the production and the demand into account. In the second one, synergies between regions are ignored. As a first case study, we apply the numerical model to Italy, a country with a relatively high share of renewables. We focus on the mix maximizing the ratio of the mean renewable penetration over the risk for the same renewable capacity as installed in 2015. Our main findings are that (i) the optimal technological and spatial capacity distribution — with about two thirds wind and one third solar — differs significantly from the actual mix (with a substantial overinvestment in photovoltaics); and (ii) ignoring the impact of interannual and intraday climate variability on the risk strongly impacts the optimal mix.
 
This study shows the importance of basing renewable energy development incentives on optimal strategies taking into account both the risk and the impact of climate variability on the latter.
 
 
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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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