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10 Results
Oil drums
Shale Renders the ‘Obsolescing Bargain’ Obsolete: Political Risk and Foreign Investment in Argentina’s Vaca Muerta
The authors evaluate Argentina’s energy sector and test the hypothesis that investments in tight oil and shale gas extraction expose investors to fewer risks than extracting conventional oil and gas. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”
Gabriel Collins, Mark P. Jones, Jim Krane, Kenneth B. Medlock III, Francisco J. Monaldi February 24, 2020
Transmission towers against a sunset.
Robust Dynamic Energy Use and Climate Change
This working paper studies optimal taxation in a dynamic stochastic economy in which there is uncertainty about the effects of climate change. It concludes that model uncertainty has significant quantitative implications regarding optimal greenhouse gas emissions and the optimal mix of fossil fuel used.
Xin Li, Borghan Narajabad, Ted Loch-Temzelides December 4, 2015