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I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...
Persistent link: https://www.econbiz.de/10010948833
ton of CO2 (for year 2010), reflecting primarily health co-benefits from reduced air pollution at coal plants and, in some … exposure to pollution) and differentiated pricing of CO2 emissions therefore yields higher net benefits (by 23 percent) than …
Persistent link: https://www.econbiz.de/10010948903
20% increase in accident-related injuries, a 14% increase in particle pollution, and an 11% increase in hospital …
Persistent link: https://www.econbiz.de/10011265260
In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals’ well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...
Persistent link: https://www.econbiz.de/10008583664
externalities associated with energy use—global warming, local air pollution, and various side effects (e.g., congestion) from motor …
Persistent link: https://www.econbiz.de/10011099764
either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public … ordinary citizens. The recognition that the health consequences of pollution can be dealt with privately at a cost adds an … private mitigation is feasible, inequality of incomes leads to an unequal distribution of the health burden of pollution (in …
Persistent link: https://www.econbiz.de/10008727301
We study the introduction of new technologies when their costs are subject to idiosyncratic uncertainty and can only be fully learned through individual experience. We set up a dynamic model of clean experience goods that replace old polluting consumption options and show how optimal regulation...
Persistent link: https://www.econbiz.de/10010603856
which exhibits distortions due to pollution, external landfilling costs and inefficient product design. The allocative …
Persistent link: https://www.econbiz.de/10005766303
afford private mitigation of the adverse consequences of pollution is a central feature of the analysis. Private mitigation … leads to an endogenous, unequal distribution of the health-related consequences of pollution across income groups in a …
Persistent link: https://www.econbiz.de/10005094435
Persistent link: https://www.econbiz.de/10005181310