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	Provedor de dados AgEcon (2) Autor Burtraw, Dallas (2) Palmer, Karen L. (2) Goeree, Jacob K. (1) Holt, Charles (1) Myers, Erica (1) Shobe, William (1) Wilson, Nathan E. (1) Mais... Palavra-chave Environmental Economics and Policy (2) Regional Greenhouse Gas Initiative (2) Allowance trading (1) Auction (1) Cap and trade (1) Carbon dioxide (1) Climate (1) Electricity (1) Greenhouse gases (1) L14 (1) L94 (1) Long-term contracts (1) Q54 (1) Q58 (1) RGGI (1) Resource /Energy Economics and Policy (1) State policy (1) Mais... Tipo do documento Journal Article (1) Working or Discussion Paper (1) Ano 2010 (1) 2005 (1) País United States (2) Idioma Inglês (2)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 2 Primeira ... 1 ... Última An Experimental Analysis of Auctioning Emission Allowances Under a Loose Cap AgEcon Shobe, William; Palmer, Karen L.; Myers, Erica; Holt, Charles; Goeree, Jacob K.; Burtraw, Dallas. The direct sale of emission allowances by auction is an emerging characteristic of cap-and-trade programs. This study is motivated by the observation that all of the major implementations of cap-and-trade regulations for the control of air pollution have started with a generous allocation of allowances relative to recent emissions history, a situation we refer to as a “loose cap.” Typically more stringent reductions are achieved in subsequent years of a program. We use an experimental setting to investigate the effects of a loose cap environment on a variety of auction types. We find that all auction formats studied are efficient in allocating emission allowances, but auction revenues tend to be lower relative to competitive benchmarks when the cap is... Tipo: Journal Article Palavras-chave: Auction; Carbon dioxide; Greenhouse gases; Allowance trading; Regional Greenhouse Gas Initiative; RGGI; Cap and trade; Environmental Economics and Policy; Resource /Energy Economics and Policy. Ano: 2010 URL: http://purl.umn.edu/90827 The Impact of Long-Term Generation Contracts on Valuation of Electricity Generating Assets under the Regional Greenhouse Gas Initiative AgEcon Wilson, Nathan E.; Palmer, Karen L.; Burtraw, Dallas. The Regional Greenhouse Gas Initiative is an effort by nine states to constrain carbon dioxide emissions from the electric power sector using a cap-and-trade program. This paper assesses the importance of long-term electricity contracts under the program. We find that 12.2% of generation will be accounted for by long-term contracts in 2010, affecting select nuclear, hydroelectric, and cogeneration units. The contracts will have a negligible effect on the wholesale marginal cost of electricity and a small effect on retail price. States may want to consider contracts on a case-by-case basis when making decisions about the initial distribution of emission allowances, but they should account for effects on the portfolio of plants owned at the firm level, not... Tipo: Working or Discussion Paper Palavras-chave: Climate; State policy; Regional Greenhouse Gas Initiative; Long-term contracts; Electricity; Environmental Economics and Policy; Q54; Q58; L14; L94. Ano: 2005 URL: http://purl.umn.edu/10556 Registros recuperados: 2 Primeira ... 1 ... Última

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