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Innovation-Led Transitions in Energy Supply

Lemoine, Derek - 2017

I generalize a benchmark model of directed technical change in order to reconcile it with the historical experience of energy transitions. I show that the economy becomes increasingly locked-in to the dominant sector when machines and energy resources are substitutes, but a transition away from...

Persistent link: https://www.econbiz.de/10012455261

Regulating Conglomerates in China : Evidence from an Energy Conservation Program

Chen, Qiaoyi; Chen, Zhao; Liu, Zhikuo; Suárez Serrato, … - National Bureau of Economic Research - 2021

We study a prominent energy regulation affecting large Chinese manufacturers that are part of broader conglomerates. Using detailed firm-level data and difference-in-differences research designs, we show that regulated firms cut output and shifted production to unregulated firms in the same...

Persistent link: https://www.econbiz.de/10012599356

Selection on Welfare Gains : Experimental Evidence from Electricity Plan Choice

Ito, Koichiro; Ida, Takanori; Tanaka, Makoto - National Bureau of Economic Research - 2021

We study a problem in which policymakers need to screen self-selected individuals by unobserved heterogeneity in social welfare gains from a policy intervention. In our framework, the marginal treatment effects and marginal treatment responses arise as key statistics to characterize social...

Persistent link: https://www.econbiz.de/10012482629

An Assessment of the Energy-Efficiency Gap and its Implications for Climate-Change Policy

Gerarden, Todd D. - 2015

Improving end-use energy efficiency--that is, the energy-efficiency of individuals, households, and firms as they consume energy--is often cited as an important element in efforts to reduce greenhouse-gas (GHG) emissions. Arguments for improving energy efficiency usually rely on the idea that...

Persistent link: https://www.econbiz.de/10012457761

Energy Efficiency Can Deliver for Climate Policy : Evidence from Machine Learning-Based Targeting

Christensen, Peter; Francisco, Paul; Myers, Erica; … - National Bureau of Economic Research - 2022

Building energy efficiency has been a cornerstone of greenhouse gas mitigation strategies for decades. However, impact evaluations have revealed that energy savings typically fall short of engineering model forecasts that currently guide funding decisions. This creates a resource allocation...

Persistent link: https://www.econbiz.de/10013388823

China's War on Pollution : Evidence from the First Five Years

Greenstone, Michael; He, Guojun; Li, Shanjun; Zou, Eric - National Bureau of Economic Research - 2021

pollution. This article describes the recent trends in air and water quality, with a focus on the five years since China …The decade from 2010 to 2019 marked a significant turning point in China's history of environmental regulation and … declared a "war on pollution" in 2014. It summarizes the emerging literature that has taken advantage of accompanying …

Persistent link: https://www.econbiz.de/10012482683

Impacts of the Clean Air Act on the Power Sector from 1938-1994 : Anticipation and Adaptation

Clay, Karen; Jha, Akshaya; Lewis, Joshua A.; Severnini, … - National Bureau of Economic Research - 2021

provided the federal government with limited authority to "control" air pollution, but signaled impending federal regulation …

Persistent link: https://www.econbiz.de/10012585446

Paternalism and Energy Efficiency : An Overview

Allcott, Hunt - 2014

This review paper provides an overview of the application of behavioral public economics to energy efficiency. I document policymakers' arguments for "paternalistic" energy efficiency policies, formalize with a simple model of misoptimizing consumers, review and critique empirical evidence, and...

Persistent link: https://www.econbiz.de/10012458304

Strategic Policy Choice in State-Level Regulation : The EPA's Clean Power Plan

Bushnell, James B. - 2015

Flexibility in environmental regulations can lead to reduced costs if it allows additional abatement from lower cost sources or if policy tailoring and experimentation across states increases regulatory efficiency. The EPA's 2014 Clean Power Plan, which implements greenhouse gas regulation of...

Persistent link: https://www.econbiz.de/10012457408

General Equilibrium Impacts of a Federal Clean Energy Standard

Goulder, Lawrence H. - 2014

Economists have tended to view cap and trade (or, more generally, emissions pricing) as more cost-effective than a clean energy standard (CES) for the purpose of reducing greenhouse gas emissions associated with electricity generation. This stems in part from the finding that, in terms of...

Persistent link: https://www.econbiz.de/10012458816

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