Showing 1 - 10 of 18
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-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
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
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
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
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
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
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
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
Over the past decade, concern over potential global warming has focused attention on the emission of greenhouse gases into the atmosphere, and there is an active debate concerning the desirability of reducing emissions. At the heart of this debate is the future path of both greenhouse gas...
Persistent link: https://www.econbiz.de/10012474715