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| Registros recuperados: 54 | |
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| Burtraw, Dallas. |
| This paper reports on four areas of research concerning Title IV of the 1990 Clean Air Act Amendments that regulates emissions of SO2 from electricity generation. The first is the costs of the program over the long-run as estimated from the current perspective taking into account recent changes in fuel markets and technology. We compare projected costs with potential cost savings that can be attributable to formal trading of emission allowances. The second area is an evaluation of how well allowance trading has worked to date. The third area is the relationship between compliance costs and economic costs from a general equilibrium perspective. The fourth area is a comparison of benefits and costs for the program. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Acid rain; Benefit-cost analysis; Air pollution; Permit trading; Clean Air Act; Environmental Economics and Policy; H43; Q2; Q4. |
| Ano: 1998 |
URL: http://purl.umn.edu/10885 |
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| Fischer, Carolyn. |
| Project-based mechanisms for emissions reductions credits, like the Clean Development Mechanism, pose important challenges for policy design because of several inherent characteristics. Participation is voluntary. Evaluating reductions requires assigning a baseline for a counterfactual that cannot be measured. Some investments have both economic and environmental benefits and might occur anyway. Uncertainty surrounds both emissions and investment returns. Parties to the project are likely to have more information than the certifying authority. The certifying agent is limited in its ability to design a contract that would reveal investment intentions. As a result, rules for baseline determination may be systematically biased to overallocate, and they also... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Climate policy; Clean Development Mechanism; Baseline emissions; Asymmetric information; Environmental Economics and Policy; D8; Q4. |
| Ano: 2002 |
URL: http://purl.umn.edu/10520 |
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| Hochman, Gal; Rajagopal, Deepak; Zilberman, David. |
| This paper derives a method to quantify the impact of biofuel on fuel markets, assuming that these markets are dominated by cartel of oil-rich countries, and that prices in these countries are set to maximize the sum of domestic consumer and producer surplus, leading to a wedge between domestic and international fuel prices. We model this behavior by applying the optimal export tax model (henceforth, the cartel-of-nations model) to the fuel markets. Using data from 2007 to calibrate the model, we show that the introduction of biofuels reduces global fossil fuel consumption and international fuel prices by about 1% and 2%, respectively. We identify large differences between the effects of introducing biofuels using the cartel-of-nations model, in contrast... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Energy; OPEC; Biofuel; Fuel; Carbon savings; Optimal export tax model; Cheap oil; International Relations/Trade; Resource /Energy Economics and Policy; F1; Q4. |
| Ano: 2010 |
URL: http://purl.umn.edu/59170 |
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| Registros recuperados: 54 | |
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