The deployment of clean technologies in hard-to-abate sectors is often hindered by high costs and investment risks. Carbon Contracts for Difference (CCfDs) have emerged to mitigate these risks, yet their design raises a central question: should support for competing clean technologies be technology-neutral or technology-specific?

Through this paper, Guy Meunier characterizes how biodiversity concerns reshape the efficient allocation of land exploitation as a function of damage curvature and food-demand elasticity. Overall, the analysis highlights the role of indirect production reallocation and market-mediated feedbacks in biodiversity-oriented agricultural policy.

Bioenergies from dedicated crops or wood have faced substantial criticisms due to their significant land requirements. Certain bioenergy pathways, such as biogas generated from crop residues, manure, or food waste, appear to be exempt from this criticism. However, these feedstocks are byproducts of agricultural activities that generate emissions not covered by current climate policies in...

We examine the efficiency of a subsidy to cattle farmers for setting aside land for natural ecosystem regeneration. We develop a partial equilibrium model of the cattle sector that integrates land use, greenhouse gas emissions, and animal feeding. We identify conditions under which the subsidy is the best alternative to these other second-best policies.

Electric batteries and fuel cells (hydrogen) are competing technologies for the energy transition in heavy transportation. This paper shows that the existence of a market niche for fuel-cell electric buses (FCEBs) can be obtained depending on the values of a limited set of key parameters.

Dans une note à paraître prochainement dans la Revue de l'Energie, Guy Meunier et Jean-Pierre Ponssard montrent : (i) Que la définition d’un indicateur dynamique de coût d’abattement, évaluant le déploiement d’une technologie décarbonée en substitution d’une technologie carbonée, est une approche plus complète que celle des coûts d’abattement traditionnels , et qu’elle débouche sur une préconisation d’accélération des programmes...

Recent recovery plans, associated with the COVID‐19 pandemic and the energy transition, increased the funding available to finance innovative low‐carbon projects and called for an economic evaluation of their allocation. This paper analyzes the potential benefit of using repayable advance: a lump‐sum payment to finance the project that is paid back in case of...

Cette note s’adresse à toute personne directement impliquée dans la mise en œuvre de la planification en vue d’atteindre les objectifs de neutralité carbone (NZE) fixés par la Stratégie Nationale Bas Carbone (SNBC).

The present paper addresses the issue of sectoral policy coordination, especially when Pigovian carbon pricing is unavailable. It analyzes the optimal allocation of mitigation effort among two vertically connected sectors, an upstream (e.g. electricity) and a downstream (e.g. transportation) one.

Article publié dans la Revue d’Economie Industrielle La filière hydrogène est une alternative possible au moteur thermique, aux côtés des véhicules à batterie, dans la...  

The paper examines the relevant cost benefit framework for state agencies investigating the potential of local projects to mitigate climate change. We propose a new metric that incorporates into the analytical framework the dynamic interactions between the project and its continuation.

Cette note illustre comment deux concepts clés de la théorie économique, l’effet de réseau et l’effet d’expérience, peuvent contribuer à éclairer les enjeux sous-jacents dans une analyse coût bénéfice des projets d'hydrogène dans les transports.

In this article we use the recent Covid-19 crisis to investigate what motivates individuals in their decisions to deal with two externalities, namely disease transmission, in particular social distancing, and the willingness to undertake green expenditure.

This report uses the cost-benefit analysis framework to assess the economic efficiency of the Zero Emission Valley, both from the private and public perspectives, compared to a diesel mobility status quo scenario.

Cette note identifie les deux handicaps majeurs que doit surmonter la filière hydrogène dans les transports et s'appuie sur l'exemple des bus pour illustrer les politiques publiques permettant de surmonter ces obstacles.

Cette note identifie les deux handicaps majeurs que doit surmonter la filière hydrogène dans les transports : l’effet de réseau entre l’infrastructure et l’usage du véhicule susceptible de créer des problèmes de coordination entre acteurs industriels ; l’importance des effets d’expérience au sein et entre producteurs pour la baisse des coûts.

This working paper analyzes the impact of indirect network effects in the deployment of zero emission vehicles in a static partial equilibrium model.

We study optimal government policy in a reference model of public good provision and social approval in a dynamic setting. We show that even if complete adherence to the social norm maximizes social welfare it is by no means necessarily optimal to push society toward it.

The development of new technologies to address the challenges of decarbonized mobility in cities, such as hybrid, battery or fuel cell technologies, suffer from...  

Implementation of big innovative projects is often subject to big financing problems. On the one hand, the possibly profitable project can require an outstanding...  

This article analyzes the trade-off between yield and farmed area when a valuable species is affected by agricultural practices.

This paper analyzes the potential benefit of using subsidies conditional on success or failure of an R&D program, rather than a flat subsidy.

S'appuyant sur l'expérience norvégienne en matière de véhicules décarbonés, les auteurs analysent le plan hydrogène lancé par Nicolas Hulot quand il était ministre de la transition écologique et solidaire et dressent plusieurs recommandations.

Cet article entend montrer qu’une forme de garantie du financement public, avec remboursement en cas de succès, permet de limiter les effets d’aubaines liés aux subventions et les dépenses publiques tout en maximisant le bénéfice social en termes de réduction des émissions.

Output-based allocations (OBAs) are typically used in emission trading schemes to mitigate leakage in sectors at risk. Recent work has shown they may also help to stabilize prices in markets subject to supply and demand shocks. We extend previous work to simultaneously include both leakage and volatility.

The paper studies pollution permit markets in which a fraction of permits are allocated to firms based on their output. Output-based allocations, which are receiving increasing attention in the design of carbon markets around the world are shown to be optimal under demand and supply volatility despite the output distortions they may create. 

Article published in Environmental and Resource Economics – September 2017 Abstract. We consider a partial equilibrium model to study the optimal phasing out of...  

Le laboratoire GAEL (Grenoble Applied Economics Laboratory) et la Chaire Energie et Prospérité organisent un workshop sur l’économie de la bioénergie les jeudi 9 et vendredi 10 octobre 2025 sur le campus universitaire de Grenoble.

This one-day workshop brings together researchers working on the design, evaluation, and impact of climate policies aimed at fostering the development and diffusion of low-carbon technologies. The presentations will cover a range of topics including the regulation of urban transport emissions, the integration of carbon dioxide removal into energy markets, the strategic adoption of...

L’ADEME organise un cycle d’ateliers auquel plusieurs chercheurs de la Chaire Énergie et Prospérité ont été conviés : Quentin Hoarau, Guy Meunier, Jean-Pierre Ponssard et Maria Eugenia Sanin.

Les Chaires Armand Peugeot, Énergie et Prospérité, et Économie du Climat organisent, les 6 et 7 décembre 2023, la 10ème édition de la conférence internationale annuelle sur les enjeux liés à la mobilité.

The workshop aims to identify the key uncertainties and debates regarding the role of bioenergy in a climate neutral economy, at national and global scales, and the challenges for the design of climate policies.

The objective of the conference is to improve our understanding of the interaction between climate and innovation policies in this multi-layer governance landscape by bringing together scholars in economics working on innovation policies, international environmental agreements, and environmental federalism.

The Chair Energy and Prosperity Chair is organizing on December 9 and 10, an international conference on mobility challenges in partnership with the Armand Peugeot Chair and the Climate Economics Chair.

This workshop aims to gather researchers, industry experts, and policy makers from public, private, and civil society to expose their views and analysis on current issues and potential pitfalls of environmental assessmentss, and the questions raised by the extension of the boundaries of the systems.

The Chair Energy and Prosperity Chair is organizing on Decembre 14, an international webconference on mobility challenges in partnership with the Chair Armand Peugeot Chair and Climate Economics Chair.

La chaire Energie et Prospérité organise le 12 octobre de 9h à 11h un atelier de travail en visioconférence sur le thème suivant : "Sortie de crise et plans de relance sectoriels - Analyse des enjeux au niveau des territoires : le cas de l’hydrogène"

Nous réalisons une enquête à propos de la perception de la distanciation physique et des motivations individuelles pour l'appliquer. Merci de votre participation !!

The Chair Energy and Prosperity organizes its fourth international confrence on sustainable mobility with Chaire Armand Peugeot and IMD on December 2019. Subscription are open.

Cette journée d’étude permettra de présenter les travaux engagés sur la question des rythmes saisonniers des consommations alimentaires en France dans la perspective de répondre aux enjeux climatiques

The workshop will promote exchanges between research scientists with decision makers on the key issue of land transportation for mitigating climate change. Call for paper open untill June 30.

Objet de l’atelier « Prix du CO2 et politiques climatiques sectorielles » Les politiques climatiques sont multiformes : de nombreuses politiques sectorielles sont désormais lancées aux...