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emissions directly, policy makers may tax gasoline even though per-gallon emissions vary across vehicles. This paper estimates …. First, we show that vehicle emissions are positively correlated with vehicle elasticities for miles traveled with respect to … performs very poorly in eliminating deadweight loss associated with vehicle emissions; in many years in our sample over 75 …
Persistent link: https://www.econbiz.de/10010951204
This paper explores how the costs of meeting given aggregate targets for pollution emissions change with the imposition … emissions taxes, fuel (intermediate input) taxes, performance standards and mandated technologies in the absence and presence of …-sum compensation cost is higher under the emissions tax than under performance standards and mandated technologies -- a reflection of …
Persistent link: https://www.econbiz.de/10005778209
ante distortions due to the anticipation of transition relief (such as by receiving more free permits for greater emissions …
Persistent link: https://www.econbiz.de/10008532138
This paper discusses fuel economy regulations in the United States and other countries. We first describe how these programs affect the automobile market, including their impacts on fuel use and other dimensions of the vehicle fleet. We then review different methodologies for assessing the costs...
Persistent link: https://www.econbiz.de/10008646469
One country that tries to reduce greenhouse gas emissions may fear that other countries get a competitive advantage and … increase emissions ("leakage"). Estimates from computable general equilibrium (CGE) models such as Elliott et al (2010a … the ability of firms to substitute from carbon emissions into labor or capital. …
Persistent link: https://www.econbiz.de/10010951311
influences used car fleets under policies aimed at reducing gasoline use. Large scrap elasticities will tend to produce emissions …
Persistent link: https://www.econbiz.de/10010951397
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 cost-effectiveness, a CES relies too much on emissions abatement …
Persistent link: https://www.econbiz.de/10010951479
The view that intergenerational distributive justice and efficiency should be treated separately is familiar, yet controversial. This article elaborates the often-implicit justifications for separate treatment and provides a more express statement of how and when such treatment is appropriate....
Persistent link: https://www.econbiz.de/10005248951
. Previous analyses predicted this action would significantly reduce emissions from new cars in these states, but ignored … possible offsetting emissions increases from policy-induced adjustments in new car markets in other (non-adopting) states and … and gives automakers scope to profitably increase sales of high-emissions automobiles in non-adopting states. In addition …
Persistent link: https://www.econbiz.de/10005085422
While economic models have already proven useful to analyze big picture questions about climate policy such as the choice between a carbon tax or cap-and-trade permit system, the 19 chapters in this book show how economic models also are useful to address the many remaining smaller questions...
Persistent link: https://www.econbiz.de/10009325507