Transaction cost lower with carbon tax

Jessica Coria (Gothenburg University) and Jurate Jaraite (CERE) provide an insightful analysis to compare the transaction costs of monitoring reporting and verification (MRV) procedures between the European Emission Trading System (EU ETS) and the carbon tax in Sweden. This paper fills the gap of the absence of such transaction costs comparison case studies.

5 new PhD’s at CERE

5 new PhD's, all from different countries, joined CERE in the autumn of 2014. Here they tell us about themselves, their motivations, expectations, research ideas, and their thoughts about their future.

Intermittent energy on the Winter meeting agenda

IMG 0213CERE's annual winter workshop took place from March 30th to April 1st in the beautiful nature of Ammarnäs. As the tradition dictates, the main focus of the meeting was to give opportunities for PhD and Post-Doc members of CERE to present their current works. However, senior members of CERE and invited keynote speakers also presented their research to enrich the content of the meeting.

CERE tidbits June 2015

We've collected some information about what's happened since the last newsletter. You can learn more about the climate change issues that were reported in medias all over the world, what Northern Sweden is worth, the Sören Wibe prize and learn what Kjell Jansson, CEO of Swedish Energy thinks of CERE and the challenges ahead.

Students learn how to value the invaluable

bk teachesThe popular Stated preference methods course was held in the beginning of May for the 10th consecutive year at SLU, Umeå. In this course students learn how to measure the value of non-market goods and services, such as environmental improvements.

The course focus on practical issues of survey based economic technique for valuating non-market resources like a view over a lake, a stroll in an untouched forest or skiing in a natural reserve. Professor Bengt Kriström tells us more about the background: - Non-market valuation is today a very big field, the methods are being increasingly used all over the world. In the US, such methods are routinely used for determining how much a polluter should pay for inflicting oil pollution damages, like the Exxon Valdex case in 1989. Today there are more than 10,000 studies of the subject and we expect this number to increase in the future. Because of the increasing interest in "valuing the invaluable", we also see increasing demands for an advanced course.

The Norrland paradox

ParadoxposterBillions are invested on mines and wind power in Northern Sweden.
But does this mean that people in Norrland get access to jobs and profit? This is an issue that Arne Müller, together with the photographer Erland Segerstedt, has looked into. Müller has, amongst others, interviewed CERE's Runar Brännlund for the book "Norrlandsparadoxen" (The Norrland paradox).

It is by now well known that Runar has looked into the value of Norrland. He argues that it isn't the sum in itself that's the interesting thing but rather the change over time: "Norway reinvests oil profits in order to get a return. They reduce the capital stock in terms of oil but increase their capital stock in other areas that will yield returns instead.
When comparing a country like Sudan with Norway, you find that Sudan has an extremely large, negative genuine savings; they simple eat up their future capital stock." (My translation)

More about the interview can be found on the pages 324-327: "Behåller Norrland sitt värde?" (Does Norrland get to keep its value?).

The author Arne Müller and the photographer Erland Segerstedt will visit Umeå University and talk more about the Norrland paradox on May 13th.

Time and place
May 13 at 13.15
(in Swedish)

Who is the flexible customer?

Part two of the immensely popular Swedish Energy Markets Inspectorate report "An electricity market in transition" will be presented at a seminar on April 13th 2015. This time the researchers ask; "Who is the flexible customer?"

Popular GAMS course

GAMS kurs15 students from all over the world attended this year's course given between the 3rd of March to the 25th. It was the third time the course was given and the number of students are steadily growing says responsible teacher Kelly de Bruin.

If you missed the course this year, never fear, it will run again next year as well. And if the number of applications would keep growing at this rate, then we'll consider giving it twice a year says Kelly.

You find more information about the course here.

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