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Do Pollution Markets Harm Low Income and Minority Communities? Ranking Emissions Distributions Generated by California's RECLAIM Program

Mansur, Erin T. - 2019

We compare the spatial distribution of emissions from Southern California's pollution-trading program with that of a …

Persistent link: https://www.econbiz.de/10012479617

Output and Attribute-Based Carbon Regulation Under Uncertainty

Kellogg, Ryan - 2019

Output-based carbon regulations--such as fuel economy standards and the rate-based standards in the Clean Power Plan--create well-known incentives to inefficiently increase output. Similar distortions are created by attribute-based regulations. This paper demonstrates that, despite these...

Persistent link: https://www.econbiz.de/10012480118

Do Environmental Markets Cause Environmental Injustice? Evidence from California’s Carbon Market

Hernandez-Cortes, Danae - 2020

growing distributional concern that market forces could increase the pollution exposure gap between disadvantaged and other … communities by spatially reallocating pollution. We estimate how this "environmental justice gap" changed following the 2013 … critiques. Embedding a pollution transport model within a program evaluation framework, we find that while the EJ gap was …

Persistent link: https://www.econbiz.de/10012481788

GHG Targets as Insurance Against Catastrophic Climate Damages

Weitzman, Martin L. - 2010

A critical issue in climate-change economics is the specification of the so-called "damages function" and its interaction with the unknown uncertainty of catastrophic outcomes. This paper asks how much we might be misled by our economic assessment of climate change when we employ a conventional...

Persistent link: https://www.econbiz.de/10012462520

Optimal Emission Pricing in the Presence of International Spillovers : Decomposing Leakage and Terms-of-Trade Motives

Böhringer, Christoph - 2010

Carbon control policies in OECD countries commonly differentiate emission prices in favor of energy-intensive industries. While leakage provides a efficiency argument for differential emission pricing, the latter may be a disguised beggar-thy-neighbor policy to exploit terms of trade. Using an...

Persistent link: https://www.econbiz.de/10012462752

Explaining the Price of Voluntary Carbon Offsets

Conte, Marc N. - 2009

This paper investigates factors that explain the large variability in the price of voluntary carbon offsets. We estimate hedonic price functions using a variety of provider- and project-level characteristics as explanatory variables. We find that providers located in Europe sell offsets at...

Persistent link: https://www.econbiz.de/10012463356

Greenhouse Gas Reductions under Low Carbon Fuel Standards?

Holland, Stephen P. - 2007

A low carbon fuel standard (LCFS) seeks to reduce greenhouse gas emissions by limiting a fuel producer's carbon emissions per unit of output. California has launched an LCFS for transportation fuels; others have called for a national LCFS. We show that this policy decreases production of...

Persistent link: https://www.econbiz.de/10012465385

Endogenizing Technological Change : Matching Empirical Evidence to Modeling Needs

Pizer, William A. - 2007

Given that technologies to significantly reduce fossil fuel emissions are currently unavailable or only available at high cost, technological change will be a key component of any long-term strategy to reduce greenhouse gas emissions. In light of this, the amount of research on the pace,...

Persistent link: https://www.econbiz.de/10012465601

Charging NOx Emitters for Health Damages : An Exploratory Analysis

Mauzerall, Denise - 2004

We present a proof-of-concept analysis of the measurement of the health damage of ozone (O3) produced from nitrogen oxides (NOx = NO NO2) emitted by individual large point sources in the eastern United States. We use a regional atmospheric model of the eastern United States, the Comprehensive...

Persistent link: https://www.econbiz.de/10012467865

Counting carbon in global trade : why imported emissions challenge the climate regime and what might be done about it : an essay series

Krishnan, Aarti (ed.); Maxwell, Simon (ed.) - Workshop on "Certification as a Route to Reducing the …; … - 2020

The foundations of the climate regime are under threat, with significant implications for developing countries. This set of essays identifies two main threats to the climate regime. The first is the growing importance of emissions traded across national borders, currently accounting for up to...

Persistent link: https://www.econbiz.de/10012306594