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Metcalf, Gilbert E. - 2006

On Aug. 8, 2005, President Bush signed the Energy Policy Act of 2005 (PL 109-58). This was the first major piece of energy legislation enacted since 1992 following five years of Congressional efforts to pass energy legislation. Among other things, the law contains tax incentives worth over $14...

Persistent link: https://www.econbiz.de/10012466094

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

Energy Hogs and Energy Angels : What Does Residential Electricity Usage Really Tell Us About Profligate Consumption?

Borenstein, Severin - National Bureau of Economic Research - 2024

Since the 1970s, high volumetric (per kilowatt-hour) electricity prices have been justified in many policy discussions as encouraging more efficient use of electricity and placing more of the cost burden on those who are less prudent in their use. The argument has been used in support of...

Persistent link: https://www.econbiz.de/10014468223

Economic Aspects of the Energy Transition

Heal, Geoffrey - 2020

I make three points relating to the transition from fossil fuels to non-carbon energy. One is that the economic cost of moving from fossil fuels to renewable energy in electricity generation is very low, and probably lower than many estimates of the economic benefits from this change. The second...

Persistent link: https://www.econbiz.de/10012481069

Buffering Volatility : A Study on the Limits of Germany’s Energy Revolution

Sinn, Hans-Werner - 2016

Squaring hourly demand and wind-solar production data for Germany and a number of neighbouring countries with the results of the EU's ESTORAGE project, this paper studies the limits of Germany's energy revolution in view of the volatility of wind and solar power. In addition to pumped storage,...

Persistent link: https://www.econbiz.de/10012456210

Energy Policy with Externalities and Internalities

Allcott, Hunt - 2012

We analyze optimal policy when consumers of energy-using durables undervalue energy costs relative to their private optima. First, there is an Internality Dividend from Externality Taxes: aside from reducing externalities, they also offset distortions from underinvestment in energy efficiency....

Persistent link: https://www.econbiz.de/10012460682

Prospects for Nuclear Power

Davis, Lucas W. - 2011

The prospects for a revival of nuclear power were dim even before the partial reactor meltdowns at the Fukushima nuclear plant. Nuclear power has long been controversial because of concerns about nuclear accidents, proliferation risk, and the storage of spent fuel. These concerns are real and...

Persistent link: https://www.econbiz.de/10012460983

Russia's Fiscal Gap

Goryunov, Eugene - 2013

debt still have very major fiscal problems? The answer is that the Russia's energy resources are finite, whereas its … expenditure needs are not. Moreover, Russia is aging and facing massive obligations from its pension system and other age related …This study estimates Russia's 2013 fiscal gap at 890 trillion rubles or $28 trillion. This longterm budget shortfall is …

Persistent link: https://www.econbiz.de/10012459053

Experimental Evidence on the Effect of Information and Pricing on Residential Electricity Consumption

Burkhardt, Jesse - 2019

This study examines a field experiment in Texas that includes pricing and informational interventions to encourage energy conservation during summer peak load days when the social cost of generation is the highest. We estimate that our critical peak pricing intervention reduces electricity...

Persistent link: https://www.econbiz.de/10012479529

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