asawatten.net
3. Fixed MERs ignore time of day and year, which are really important for variable renewables (because substitution effects)
4. The marginal effect of a particular technology or action under a binding carbon cap is always zero (because substitution effects)
3. Fixed MERs ignore time of day and year, which are really important for variable renewables (because substitution effects)
4. The marginal effect of a particular technology or action under a binding carbon cap is always zero (because substitution effects)
1. MERs don't make sense for non-marginal changes
2. UNFCCC includes guidance and weights for operating margin and build margin--the build margin is probably much larger especially in places with lots of renewables
...
1. MERs don't make sense for non-marginal changes
2. UNFCCC includes guidance and weights for operating margin and build margin--the build margin is probably much larger especially in places with lots of renewables
...