Transitioning to a low‐carbon economy will entail swee** transformations of energy and
economic systems. A growing research body has raised concerns about the effect of such …

Hydrogen can serve multiple purposes within the energy system, from flexibility provider, to
decarbonizing hard-to-abate sectors, to chemical feedstock. A range of model paradigms …

This paper explores how climate change and the transition to a low-carbon economy pose
new systemic financial risks (so-called Green Swans), and the role of central banks in …

Extracting, processing, and delivering energy requires energy itself, which reduces the net
energy available to society and yields considerable socioeconomic implications. Yet, most …

The current macroeconomic models of the circular economy rely on the unrealistic
assumption that materials can be recycled infinitely, often ignoring price and demand …

Abstract Models that represent the economy, society, and environment are critical
macroeconomic policy tools. However, economic output as measured by Gross Domestic …

Climate change has brought to the attention of politicians, researchers, and other
stakeholders the need to protect the environment. The concerns at the international level are …

In this paper we identify policy implications for implementing carbon pricing in Austria, taking
into account model structure uncertainty. Methodologically, we compare the results of two …

Sustainable development embraces a broad spectrum of social, economic and ecological
aspects. Thus, a sustainable transformation process of energy systems is inevitably …

This paper reviews different approaches to modelling the energy transition towards a zero
carbon economy. It identifies a number of limitations in current approaches such as a lack of …