Climate and energy economic research

At the overall level climate economics seeks to identify the optimal mitigation an adaptation strategies for climate change. Estimates of costs and benefits vary considerably, but it is generally accepted that ambitious action to reduce greenhouse gas emissions is economically rational.

 

Cost-effective abatement of global emissions requires that least-cost policy instruments are applied as widely as possible. greenhouse gas emissions are regulated through a variety of measures comprising economic instruments, “command and control” regulation as well moral suasion to influence consumers and producers into adopting energy saving practises. These measures are not equally efficient and not always compatible.

 

The main objectives of the research are:

 

1. To investigate economic measures on the reduction of GHG emission and their compatibility at the national and the EU level.
2. To analyse the functioning of electricity and green certificates markets.
3. To assess consumer preferences and behaviour in relation to energy savings and the use of renewable energy.

Research in this field is expected to clarify regulatory inconsistencies and identify efficient policy instruments to address the implementation problems.

 

Contact: Professor Eirik Amundsen ()