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An Empirical Analysis of the Interconnection Queue

Johnston, Sarah; Liu, Yifei; Yang, Chenyu - National Bureau of Economic Research - 2023

Generators applying to connect to the U.S. power grid go through an interconnection queue. Most wind and solar generators that begin the process do not complete it. Using new data, we find that a long queue increases the average waiting time, and high interconnection costs are a key factor in a...

Persistent link: https://www.econbiz.de/10014447267

Valuing Excess Deaths Caused by Climate Change

Bressler, R. Daniel; Heal, Geoffrey - National Bureau of Economic Research - 2022

Valuing deaths caused by climate change in Benefit Cost Analysis (BCA) is complex and controversial, having caused disagreement and acrimony in past high-profile settings. Furthermore, it is of first order consequence to the value of the social cost of carbon (SCC). Despite this, the underlying...

Persistent link: https://www.econbiz.de/10013462696

The Economics of Carbon Accounting and Carbon Offsets

Heal, Geoffrey - National Bureau of Economic Research - 2022

I provide a rigorous framework for accounting for corporate greenhouse gas emissions, based on the Greenhouse Gas Protocol. I show that only Scope 1 emissions are of interest from a national policy perspective: that emissions in Scopes 2 and 3 are duplicative, and that downstream Scope 3...

Persistent link: https://www.econbiz.de/10013462697

Overcoming the common pool problem through voluntary cooperation : the rise and fall of a fishery cooperative

Deacon, Robert T. - 2010

We analyze a seldom used, but highly promising form of rights-based management over common pool resources that involves the self-selection of heterogeneous fishermen into sectors. The fishery management regime assigns one portion of an overall catch quota to a voluntary cooperative, with the...

Persistent link: https://www.econbiz.de/10012462317

Optimal Harvest with Multiple Fishing Zones, Endogenous Price and Global Uncertainty

Pizarro, Jose; Schwartz, Eduardo S. - National Bureau of Economic Research - 2021

The literature on the optimal harvest of fisheries has concentrated on a single fishing area with biomass uncertainty …

Persistent link: https://www.econbiz.de/10012510611

Property Rights, Regulatory Capture, and Exploitation of Natural Resources

Costello, Christopher - 2015

economically efficient extraction paths - is tested empirically with a novel panel data set from global fisheries. Exploiting the …

Persistent link: https://www.econbiz.de/10012457807

The Valuation of Fisheries Rights : A Real Options Approach

Pizarro, Jose - 2018

Fisheries. The model includes two sources of uncertainty: the resource biomass and the price of fish, and it can be used by … fisheries to optimally adapt their harvesting strategy to changing conditions in these stochastic variables. The model also … features realistic operational cash flows and fisheries can shutdown and reopen operations. Using publicly available data on …

Persistent link: https://www.econbiz.de/10012480792

Trade, Competitive Exclusion, and the Slow-Motion Extinction of the Southern Resident Killer Whales

Taylor, Michael Scott - National Bureau of Economic Research - 2021

Orcinus Orca is the world's largest predator, and simultaneously a significant tourist asset and cultural icon for much of the Pacific Northwest. In the past two decades, the Southern Resident Killer whales (SRKW) have declined by more than 25 percent, and this population appears on a...

Persistent link: https://www.econbiz.de/10012599304

The Problem of the Commons : Still Unsettled After 100 Years

Stavins, Robert N. - 2010

, which are frequently characterized by open-access. An important example is the degradation of open-access fisheries …

Persistent link: https://www.econbiz.de/10012462253

Credit Markets, Property Rights, and the Commons

Noack, Frederik; Costello, Christopher J. - National Bureau of Economic Research - 2022

security of property rights. We test these predictions using data on global fisheries, credit markets, and the largest …

Persistent link: https://www.econbiz.de/10013172188