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The German Wind Energy Lobby: How to Successfully Promote Costly Technological Change AgEcon
Michaelowa, Axel.
German wind power development is a technological success story but has involved very high subsidies. Germany was a latecomer in wind power but specific political conditions in the late 1980s and early 1990s allowed the implementation of the feed in tariff regime which has characterised Germany ever since. The wind lobby managed to constitute itself at an early stage and to develop stable alliances with farmers and regional policymakers. The concentration of the wind industry in structurally weak regions reinforced these links. With an increased visibility of the subsidies and saturation of onshore sites in the early 2000s, the lobby has been less successful in retaining support. The current attempt to develop offshore projects may suffer from less...
Tipo: Working or Discussion Paper Palavras-chave: Wind power; Interest groups; Technological change; Political Economy; Resource /Energy Economics and Policy; Q420; Q580; Q520.
Ano: 2004 URL: http://purl.umn.edu/26349
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The Effects of Vintage-Differentiated Environmental Regulation AgEcon
Stavins, Robert N..
Vintage-differentiated regulations (VDRs) are standards that are fixed with respect to the date of entry of regulated units, with later vintages facing more stringent standards. VDRs play prominent roles under major Federal, state, and local environmental laws. This paper synthesizes what is known about the effects of environmental VDRs, and develops lessons for public policy and for research. Economic theory suggests that such age-discriminatory regulations retard turnover of the capital stock, drive up the cost of environmental protection, and can increase pollution levels. Empirical studies validate theoretical predictions that VDRs delay replacement of durable goods, and thereby increase aggregate pollution abatement costs. In some cases, empirical...
Tipo: Working or Discussion Paper Palavras-chave: Vintage-differentiated regulation; New source review; Cost-effective environmental regulation; Environmental Economics and Policy; Q580; Q550; Q520; Q530; L510.
Ano: 2005 URL: http://purl.umn.edu/10796
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The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation AgEcon
Chan, Gabriel; Stavins, Robert N.; Stowe, Robert; Sweeney, Richard.
The introduction of the U.S. SO2 allowance-trading program to address the threat of acid rain as part of the Clean Air Act Amendments of 1990 is a landmark event in the history of environmental regulation. The program was a great success by almost all measures. This paper, which draws upon a research workshop and a policy roundtable held at Harvard in May 2011, investigates critically the design, enactment, implementation, performance, and implications of this path-breaking application of economic thinking to environmental regulation. Ironically, cap and trade seems especially well suited to addressing the problem of climate change, in that emitted greenhouse gases are evenly distributed throughout the world’s atmosphere. Recent hostility toward cap and...
Tipo: Working Paper Palavras-chave: Cap-and-Trade; Market-Based Environmental Policy; Acid Rain; Sulfur Dioxide; Clean Air Act Amendments; Environmental Economics and Policy; Q520; Q550; Q580.
Ano: 2012 URL: http://purl.umn.edu/121722
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