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Full-Text Articles in Public Affairs, Public Policy and Public Administration
Assessing 'Green Energy Economy' Stimulus Packages: Evidence From The U.S. Programs Targeting Renewable Energy, L. Mundaca T., J. Luth-Richter
Assessing 'Green Energy Economy' Stimulus Packages: Evidence From The U.S. Programs Targeting Renewable Energy, L. Mundaca T., J. Luth-Richter
Luis Mundaca
The paper provides a comprehensive empirical assessment of American stimulus policies aimed at renewable energy (RE) technologies. We use an indicator-based methodology to assess progress with respect to energy, environmental and socio-economic issues resulting from RE stimulus programs linked to the American Recovery and Reinvestment Act, and review and analyze the emerging but scattered literature. Overall, our results indicate that stimulus programs have had a positive effect on the RE sector. This is despite the fact that they were originally planned to work in combination with a greenhouse gas ‘cap-and-trade’ system, which has not been implemented. From the methodological perspective, …
How Smart Are Electricity Users With ‘Smart Metering’? A Behavioural Economics Experiment, S. Bager, L. Mundaca T.
How Smart Are Electricity Users With ‘Smart Metering’? A Behavioural Economics Experiment, S. Bager, L. Mundaca T.
Luis Mundaca
The purpose of this paper is to examine how behavioural biases affect consumers’ response to energy-use information provided through smart meters (SM). We take insights from behavioural economics and carry out two real-life experiments with SMs and electricity users. The experiments were conducted in Copenhagen (Denmark) to identify and assess the potential of two economic behavioural biases, salience and loss aversion. The results of the first experiment (i.e. installation of SM without further intervention) generally aligned with electricity use reductions found in previous research, and indicate that it may be reasonable to expect a reduction in electricity use in the …
Assessing ‘Green Energy Economy’ Policies For Transforming The Building Stock In Shanghai, L. Mundaca T., L. Na, N. Smedby
Assessing ‘Green Energy Economy’ Policies For Transforming The Building Stock In Shanghai, L. Mundaca T., L. Na, N. Smedby
Luis Mundaca
The 2008–2009 global financial crisis triggered ‘Green Energy Economy’ (GEE) policy packages to stimulate green growth in many countries. China soon became a leader and, supported by its 11th Five-Year Plan (2006–2010), devoted approximately one-third of its US$ 647 billion stimulus package to green energy technologies. Since then, numerous policy instruments have been implemented to encourage ‘Green Buildings’. We take the Chinese city of Shanghai as a case study as it has the largest population, urbanization ratio and GDP in China and evaluate the performance of GEE policies targeted at the multi-household building sector. We use a bottom-up modelling tool …
Climate Change And Energy Policy In Chile: Up In Smoke?, L. Mundaca T.
Climate Change And Energy Policy In Chile: Up In Smoke?, L. Mundaca T.
Luis Mundaca
This paper provides an ex-post assessment of the climate and energy policy developments in Chile emerging from a neoliberal economic model, during the period 1971-2007. First, correlation and regression analyses were performed to analyse historical CO2 emissions as a product of demographic, economic and energy-wide drivers. Then I estimate indicators related to CO2 emissions, energy use and economic activity. In the light of empirical results, I identify policy instruments and structural issues. Finally, I present a comparative analysis of Chile and other Latin American countries. Statistical tests show that variability of CO2 emissions is explained mostly by GDP per capita …
Transaction Costs Analysis Of Low-Carbon Technologies, Luis Mundaca T., Mathilde Mansoz, Lena Neij, Govinda R. Timilsina
Transaction Costs Analysis Of Low-Carbon Technologies, Luis Mundaca T., Mathilde Mansoz, Lena Neij, Govinda R. Timilsina
Luis Mundaca
Transaction costs (TCs) must be taken into account when assessing the performance of policy instruments that create markets for the diffusion and commercialization of low-carbon technologies (LCTs). However, there are no comprehensive studies on the development and application of transaction cost analysis to LCTs. In this meta-analysis, a wide-ranging evaluation of TCs associated with energy efficiency, renewable energy, and carbon market technologies is provided. There is a plethora of different definitions of, and measurement techniques to estimate, TCs. There is wide variation in the quantitative estimates, which can be attributed to factors such as the definition used, data collection, quantification …
Walking Away From A Low-Carbon Economy? Recent And Historical Trends Using A Regional Decomposition Analysis, Luis Mundaca T., Anil Markandya, Jørgen Nørgaard
Walking Away From A Low-Carbon Economy? Recent And Historical Trends Using A Regional Decomposition Analysis, Luis Mundaca T., Anil Markandya, Jørgen Nørgaard
Luis Mundaca
Using the latest available data, this article provides the first regional decomposition analysis of CO2 emissions from fuel combustion. Covering eight regions of the world, determinants are estimated in relative and absolute terms for the period 1971-2010. We take the 2010 global surge in CO2 emissions as an entry point for the analysis. Overall, results show that most regions have recently performed worse than their historical trends and lack of meaningful progress is identified. Whereas specific drivers for certain regions suggest some level of continuous improvement (e.g. reduced energy intensity in Asia), they are incapable of offsetting the effects of …