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	Provedor de dados AgEcon (4) Autor Newell, Richard G. (3) Guthrie, Graeme (1) Kerr, Suzi (1) Marsh, Dan (1) Pizer, William A. (1) Rogers, Kristian (1) Scarpa, Riccardo (1) Tee, James (1) Mais... Palavra-chave Q28 (4) Tradable permit (4) Environmental Economics and Policy (2) Gasoline (2) Regulation (2) Risk and Uncertainty (2) Adoption (1) C41 (1) C61 (1) Carbon forestry (1) Climate change (1) Climate change policy (1) D81 (1) Demand and Price Analysis (1) Diffusion (1) Emissions Trading Scheme (ETS) (1) Environment (1) Externality (1) Greenhouse Gas (1) Incentive-based policy (1) Mais... Tipo do documento Working or Discussion Paper (3) Presentation (1) Ano 2012 (1) 2003 (1) 2001 (1) 2000 (1) País United States (4) Idioma Inglês (4)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 4 Primeira ... 1 ... Última Policy-Induced Technology Adoption: Evidence from the U.S. Lead Phasedown AgEcon Kerr, Suzi; Newell, Richard G.. The theory of environmental regulation suggests that economic instruments, such as taxes and tradable permits, create more effective technology adoption incentives than conventional regulatory standards. We explore this issue for an important industry undergoing technological responses to a dramatic decrease in allowed pollution levels - the petroleum industry's phasedown of lead in gasoline. Using a panel of refineries from 1971 to 1995, we provide some of the first direct evidence that alternative policies affect the pattern of adoption in expected ways. Importantly, we find that the tradable permit system used during the lead phasedown provided incentives for more efficient technology adoption decisions. Where environmentally appropriate, this suggests... Tipo: Working or Discussion Paper Palavras-chave: Technology; Adoption; Diffusion; Environment; Regulation; Lead; Gasoline; Tradable permit; Incentive-based policy; Research and Development/Tech Change/Emerging Technologies; C41; L71; O31; O33; Q28; Q48. Ano: 2001 URL: http://purl.umn.edu/10834 Valuation of Carbon Forestry and the New Zealand Emissions Trading Scheme: A Real Options Approach Using the Binomial Tree Method AgEcon Tee, James; Scarpa, Riccardo; Marsh, Dan; Guthrie, Graeme. Under the New Zealand Emissions Trading Scheme, new forests planted on/after 1st January 1990 can earn carbon credits. These credits have to be repaid upon forest harvest. This paper analyses the effects of this carbon scheme on the valuation of bareland, on which radiata pine is to be planted. NPV/LEV and Real Options methods are employed, assuming stochastic timber and carbon prices. Valuation increases significantly and rotation age is likely to be lengthened. We include a scenario analysis of potential implications of rotation age lengthening on carbon stock management in New Zealand. Tipo: Presentation Palavras-chave: Emissions Trading Scheme (ETS); Climate change policy; Kyoto Protocol; Real options; Carbon forestry; Tradable permit; Demand and Price Analysis; Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy; Risk and Uncertainty; Q23; Q28; Q54. Ano: 2012 URL: http://purl.umn.edu/123665 The Market-based Lead Phasedown AgEcon Newell, Richard G.; Rogers, Kristian. The U.S. lead phasedown was effective in meeting its environmental objectives, and did so more quickly with the allowance of permit banking. The marketable lead permit system was highly costeffective, saving hundreds of millions of dollars relative to comparable policies not allowing trading or banking. Estimates suggest that transaction costs brought about only a modest reduction in program efficiency. The market-based nature of the program also provided incentives for more efficient adoption of new lead-removing technology, relative to a uniform standard. Distributionally, it is likely that the program was actually more responsive to the cost concerns of small refiners than a similar uniform standard would have been. The flexibility of the program likely... Tipo: Working or Discussion Paper Palavras-chave: Lead phasedown; Gasoline; Tradable permit; Market-based policy; Technology adoption; Environmental Economics and Policy; Q25; Q28; Q21. Ano: 2003 URL: http://purl.umn.edu/10445 Regulating Stock Externalities Under Uncertainty AgEcon Newell, Richard G.; Pizer, William A.. Using a simple analytical model incorporating benefits of a stock, costs of adjusting the stock, and uncertainty in costs, we uncover several important principles governing the choice of price-based policies (e.g., taxes) relative to quantity-based policies (e.g., tradable permits) for controlling stock externalities. Applied to the problem of greenhouse gases and climate change, we find that a price-based instrument generates several times the expected net benefits of a quantity instrument. As in Weitzman (1974), the relative slopes of the marginal benefits and costs of controlling the externality continue to be critical determinants of the efficiency of prices relative to quantities, with flatter marginal benefits and steeper marginal costs favoring... Tipo: Working or Discussion Paper Palavras-chave: Stock; Externality; Regulation; Policy; Uncertainty; Price; Quantity; Tax; Tradable permit; Pollution; Climate change; Greenhouse Gas; Instrument choice; Risk and Uncertainty; Q28; D81; C61. Ano: 2000 URL: http://purl.umn.edu/10471 Registros recuperados: 4 Primeira ... 1 ... Última

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