This book identifies how climate change policy uncertainty may affect investment behaviour in the power sector. For power companies, where capital stock is intensive and long-lived, those risks rank among the biggest and can create an incentive to delay investment. The analysis results show that the risk premiums of climate change uncertainty can add 40% of construction costs of the plant for power investors, and 10% of price surcharges for the electricity end-users. This book also tells what can be done in policy design to reduce these costs.
Links:
[1] http://admin.indiaenvironmentportal.org.in/books/climate-policy-uncertainty-and-investment-risk
[2] http://admin.indiaenvironmentportal.org.in/category/publisher/international-energy-agency
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/green-house-gases
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/nuclear-power
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/electricity
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing