Blar i Discussion Papers på forfatter "Hoel, Michael"

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    • Cutting costs of catching carbon : intertemporal effects under imperfect climate policy 

      Hoel, Michael; Jensen, Svenn (Discussion Papers; 639, Working paper, 2010)
      We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture ...

    • Does a renewable fuel standard for biofuels reduce climate costs? 

      Greaker, Mads; Hoel, Michael; Rosendahl, Knut Einar (Discussion papers;720, Working paper, 2012-12)
      Recent contributions have questioned whether biofuels policies actually lead to emissions reductions, and thus lower climate costs. In this paper we make two contributions to the literature. First, we study the market ...

    • Faustmann and the Climate 

      Hoel, Michael; Holtsmark, Bjart; Holtsmark, Katinka (Discussion papers;701, Working paper, 2012-08)
      This paper presents an adjusted Faustmann Rule for optimal harvest of a forest in the presence of a social cost of carbon emissions. A contribution of the paper is to do this within theoretical and numerical frameworks ...

    • The Oil market as an oligopoly 

      Berger, Kjell; Hoel, Michael; Holden, Steinar; Olsen, Øystein (Discussion Paper;No. 32, Working paper, 1988-03)
      This paper treats the oil market as an oligopoly with a competitive fringe. The oligopoly is assumed to consist of Egypt, Oman, Mexico, Malaysia and Norway plus all OPEC members. The remaining oil producing countries are ...

    • Optimal harvest age considering multiple carbon pools - a comment 

      Holtsmark, Bjart; Hoel, Michael; Holtsmark, Katinka (Discussion papers;704, Working paper, 2012-09)
      In two recent papers, Asante and Armstrong (2012) and Asante et al. (2011) considered the question of optimal harvest ages. They found that the larger are the initial pools of dead organic matter (DOM) and wood products, ...