Physics Commons^™

The Carbon Rent Economics Of Climate Policy, Matthias Kalkuhl, Robert Brecha

Robert J. Brecha

By reducing the demand for fossil fuels, climate policy can reduce scarcity rents for fossil resource owners. As mitigation policies ultimately aim to limit emissions, a new scarcity for “space” in the atmosphere to deposit emissions is created. The associated scarcity rent, or climate rent (that is, for example, directly visible in permit prices under an emission trading scheme) can be higher or lower than the original fossil resource rent. In this paper, we analyze analytically and numerically the impact of mitigation targets, resource availability, backstop costs, discount rates and demand parameters on fossil resource rents and the climate rent. …

Global Fossil Energy Markets And Climate Change Mitigation: An Analysis With Remind, Nico Bauer, Ioanna Mouratiadou, Gunnar Luderer, Lavinia Baumstark, Robert Brecha, Ottmar Edenhofer, Elmar Kriegler

Robert J. Brecha

We analyze the dynamics of global fossil resource markets under different assumptions for the supply of fossil fuel resources, development pathways for energy demand, and climate policy settings. Resource markets, in particular the oil market, are characterized by a large discrepancy between costs of resource extraction and commodity prices on international markets. We explain this observation in terms of (a) the intertemporal scarcity rent, (b) regional price differentials arising from trade and transport costs, (c) heterogeneity and inertia in the extraction sector. These effects are captured by the REMIND model. We use the model to explore economic effects of changes …

Economic And Environmental Impacts Of Community-Based Residential Building Energy Efficiency Investment, Jun-Ki Choi, Drew Morrison, Kevin Hallinan, Robert Brecha

Robert J. Brecha

A systematic framework for evaluating the local economic and environmental impacts of investment in building energy efficiency is developed. Historical residential building energy data, community-wide economic input-output data, and emission intensity data are utilized. The aim of this study is to show the comprehensive insights and connection among achieving variable target reductions for a residential building energy use, economic and environmental impacts. Central to this approach for the building energy reduction goal is the creation of individual energy models for each building based upon historical energy data and available building data. From these models, savings estimates and cost implications can …

Video Feature — Banned Books And The Stuart Rose Collection, Robert Brecha, Una Cadegan, John Inglis, Paul Morman

Robert J. Brecha

A faculty panel discussion in two sessions:

Session 1:
The Index: Una Cadegan (history) looks at the current scholarship on the Index of Forbidden Books.
Galileo: Robert Brecha (physics) highlights the banning of Galileo and observational science.

Session 2:
Thomas Aquinas: John Inglis (philosophy) speaks on the banning of Thomas Aquinas's Summa Theologica, the most important book in Catholic intellectual tradition.
Descartes and the Index of Forbidden Books: Paul Morman (history, Distinguished Service Professor) highlights the book by Descartes that he was not allowed to study while a student at UD in the 1960s.