Yearly Archives: 2024

Leaving the hearth you know: Internal migration and energy poverty

We document the relationship between rural–urban migration and energy poverty in South Africa. Our findings show that migrants to urban areas experience significant reductions in energy poverty, particularly in the use of traditional cooking fuels. Our study also explores energy poverty outcomes for both sending and receiving households, gender differences among migrants, and other amenities.

Challenges in measuring the distribution of carbon footprints: The role of product and price heterogeneity

Antonin PottierEmmanuel CombetMacro-economical and societal challengesPublicationsPublicationsResearch areaResearch FellowsComments Off on Challenges in measuring the distribution of carbon footprints: The role of product and price heterogeneity

The distribution of the footprint within a country is regularly computed using consumption data, and with the assumption that the footprint from a product category is proportional to the spending on that product. Here, we explore the limitations of this proportionality assumption.

Electrification, Environment, and Economic Development in Developing Countries

Access to EnergyAlpha LyDoctoral & master thesisPublicationsResearch areaResearch FellowsComments Off on Electrification, Environment, and Economic Development in Developing Countries

This thesis highlights the complex relationships between electrification, deforestation, and economic development in developing countries.

Pricing Congestion to Increase Traffic: The Case of Bogotá

Juan-Pablo MonteroPublicationsResearch areaResearch FellowsSectoral PoliciesWorking papersComments Off on Pricing Congestion to Increase Traffic: The Case of Bogotá

In September 2020, the city of Bogotá introduced a major market-based reform to its odd-even driving restriction. The big winners of the reform are middle-income individuals who now use their cars more often, whereas the big losers are high-income individuals who now spend more time in traffic.

Cost-Benefit Analysis for Green Demonstrators: Application to the Container Glass Industry in France

Jean-Pierre PonssardMaria Eugenia SaninMaryam SadighiPublicationsResearch areaResearch FellowsSectoral PoliciesWorking papersComments Off on Cost-Benefit Analysis for Green Demonstrators: Application to the Container Glass Industry in France

Adopting disruptive technologies for decarbonizing hard-to-abate industrial sectors requires experimentation through demonstration (pilot) projects. However, from an economic perspective, the potential long-term benefits and the difficulties in designing relevant public policies are not addressed in the standard valuations of those projects.

Emerging consensus on net energy paves the way for improved integrated assessment modeling

Macro-economical and societal challengesPublicationsPublicationsResearch areaResearch FellowsVictor CourtComments Off on Emerging consensus on net energy paves the way for improved integrated assessment modeling

Extracting, processing, and delivering energy requires energy itself, which reduces the net energy available to society and yields considerable socioeconomic implications. Yet, most mitigation pathways and transition models overlook net energy feedbacks.

Inflation and how to deal with it in France. A policy perspective from an empirical stock-flow model

Jacques MazierMacro-economical and societal challengesPublicationsResearch areaResearch FellowsWorking papersComments Off on Inflation and how to deal with it in France. A policy perspective from an empirical stock-flow model

Using an empirical stock-flow consistent (SFC) model for the French economy, we simulate an imported inflationary shock to emulate the current inflation situation and analyze the resulting macroeconomic impacts on the French economy. Two possible responses are considered: increased wage per capita so as to preserve workers’ purchasing power, increased margins by firms in order to restore their profit share.

The Finance-Climate Nexus

The failure of market mechanisms to respect the carbon budget, to assess climate-based financial risks, and to reallocate financial flows on a more sustainable greenhouse gas emission pathway call for strong public interventions and for a strong involvement of both central banks and regulators in the structural change of finance.

Enjeux climatiques et gouvernance d’entreprise : Analyse des indices FTSE100, HDAX et SBF120

Cécile CézanneFinancial regulation and innovative financingPublicationsPublicationsResearch areaResearch FellowsSandra RigotComments Off on Enjeux climatiques et gouvernance d’entreprise : Analyse des indices FTSE100, HDAX et SBF120

This article analyses the integration of climate issues into corporate governance. Based on data from the 2019 CDP survey, it shows that FTSE100, HDAX, and SBF120 companies use similar control and incentive mechanisms to ensure the transparency of climate information, despite some specificities related to their legal and institutional environments. The paper identifies some shortcomings and makes recommendations to overcome them.

Energy and rural households well-being : Do the facts hold the promise of prosperity?

Access to EnergyAhmed TritahBooks & Official ReportsChloé SaurelPublicationsResearch areaResearch FellowsComments Off on Energy and rural households well-being : Do the facts hold the promise of prosperity?

This paper reviews the evidence from the recent literature regarding the impact of electricity on rural households. The authors’ reading of the currently available evidence suggests that while access to electricity is necessary to support local economic development and stimulate a more inclusive labor market, it is however not sufficient.