Showing 1 - 10 of 18
An important feature in the design of an emissions trading program is how emissions allowances are initially distributed into the market. In a competitive market the choice between an auction and free allocation should, according to economic theory, not have any influence on firms’ production...
Persistent link: https://www.econbiz.de/10005196903
) emissions from electricity generation in the eastern U.S. Under each of 18 scenarios examined, we find an annual policy would …
Persistent link: https://www.econbiz.de/10005442341
electric power sector using a cap-and-trade program. This paper assesses the importance of long-term electricity contracts … electricity and a small effect on retail price. States may want to consider contracts on a case-by-case basis when making …
Persistent link: https://www.econbiz.de/10005442360
Planning of the electricity transmission system generally focuses on the pros and cons of providing generation close to … the source of the power demand versus remote generation linked via the transmission system. Recent electricity supply … electricity supply. Recently, the Western Governors’ Association led the development of a planning exercise that examined the …
Persistent link: https://www.econbiz.de/10005442373
policies to provide revenue for the sale of electricity generated from captured methane gas. Individually, any of these …
Persistent link: https://www.econbiz.de/10005442430
For years economists have urged policymakers to use market-based approaches such as cap-and-trade programs or emission taxes to control pollution. The SO2 allowance market created by Title IV of the 1990 U.S. Clean Air Act Amendments (CAAA) presents the first real test of the wisdom of...
Persistent link: https://www.econbiz.de/10005442575
generation performance standard as alternative approaches for distributing carbon emission allowances in the electricity sector …. We solve a detailed national electricity market model and find the auction is roughly one-half the societal cost of the … competition in the electricity sector. The differences in the cost of the approaches flow from the effect of each approach on …
Persistent link: https://www.econbiz.de/10005442594
An important feature in the design of an emissions trading program is how emissions allowances are initially distributed into the market. In a competitive market the choice between an auction and free allocation should, according to economic theory, not have any influence on firms’ production...
Persistent link: https://www.econbiz.de/10005442603
We analyze policies to promote renewable sources of electricity. A renewable portfolio standard raises electricity … production tax credit lowers electricity price at the expense of taxpayers and thus limits its effectiveness in reducing carbon …
Persistent link: https://www.econbiz.de/10005442604
regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector …. The initiative is expected to lead to an increase in the price of electricity in the RGGI region and beyond. The … implications of these changes for the value of electricity-generating assets and the market value of the firms that own them …
Persistent link: https://www.econbiz.de/10005448661