Center for Energy and Environmental Policy Research: Recent submissions
Now showing items 52-54 of 334
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Speculation without Oil Stockpiling as a Signature: A Dynamic Perspective
(MIT Center for Energy and Environmental Research Policy, 2010-04)According to the standard analysis of commodity prices, stockpiling is a necessary signature of speculation. This paper develops an approach suggesting that speculation may temporarily push crude oil prices above the level ... -
Gasoline Prices, Fuel Economy, and the Energy Paradox
(MIT Center for Energy and Environmental Research Policy, 2010-03)It is often asserted that consumers purchasing automobiles or other goods and services underweight the costs of gasoline or other "add-ons." We test this hypothesis in the US automobile market by examining the effects of ... -
Why and How the European Union Can Get a (Near To) Carbon-Free Energy System in 2050?
(MIT Center for Energy and Environmental Research Policy, 2010-03)Reducing the European Union GHG emissions by at least 80% by 2050 will require a near zero carbon electricity, road and rail transport industry, and heating and cooling in buildings. As compared to “business as usual” the ...