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National Environmental Policy During the Clinton Years 31
Cavanagh, Sheila M.; Hahn, Robert W.; Stavins, Robert N..
We review major developments in national environmental policy during the Clinton Administration, defining environmental policy to include not only the statutes, regulations, and policies associated with reducing pollution, but also major issues of public lands management and species preservation. We adopt economic criteria for policy assessment - principally efficiency, cost-effectiveness, and distributional equity. While the paper is primarily descriptive, we highlight a set of five themes that emerge in the economics of national environmental policy over the past decade. First, over the course of the decade, national environmental targets were made more stringent, and environmental quality improved. Most important among the new targets were the National...
Tipo: Working or Discussion Paper Palavras-chave: Air Quality Standards; Benefit-cost analysis; Voluntary programs; Environmental Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/10703
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Retrospective Examination of Demand-Side Energy Efficiency Policies 31
Gillingham, Kenneth; Newell, Richard G.; Palmer, Karen L..
Energy efficiency policies are a primary avenue for reducing carbon emissions, with potential additional benefits from improved air quality and energy security. We review literature on a broad range of existing non-transportation energy efficiency policies covering appliance standards, financial incentives, information and voluntary programs, and government energy use (building and professional codes are not included). Estimates indicate these programs are likely to have collectively saved up to 4 quads of energy annually, with appliance standards and utility demand-side management likely making up at least half these savings. Energy Star, Climate Challenge, and 1605b voluntary emissions reductions may also contribute significantly to aggregate energy...
Tipo: Working or Discussion Paper Palavras-chave: Energy efficiency policy; Appliance standards; Information; Incentives; Voluntary programs; Resource /Energy Economics and Policy; Q48; Q41.
Ano: 2004 URL: http://purl.umn.edu/10477
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Some Simulation Results for a Green Insurance Mechanism 31
Baerenklau, Kenneth A..
This analysis extends previous work on green insurance by proposing a mechanism that offers a stronger adoption incentive and is applicable to heterogeneous populations and non-binary adoption decisions. Endogenous learning about the new technology is incorporated, and empirically calibrated simulation results are presented for the case of reduced-phosphorus dairy diets. Results show that the mechanism has a significant impact on behavior and may incur no net cost for the regulator when an insurance premium is charged. Conditions under which a green payment mechanism may be preferable to green insurance also are discussed.
Tipo: Journal Article Palavras-chave: Conservation technology adoption; Dairy farming; Endogenous learning; Green insurance; Phosphorus; Risk preferences; Voluntary programs; Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/30787
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