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Should We Be Worried About the Green Paradox? Announcement Effects of the Acid Rain Program

Di Maria, Corrado - 2013

This paper presents the first empirical test of the green paradox hypothesis, according to which well-intended but imperfectly implemented policies may lead to detrimental environmental outcomes due to supply side responses. We use the introduction of the Acid Rain Program in the U.S. as a case...

Persistent link: https://www.econbiz.de/10013090795

Pollution, Shadow Economy and Corruption : Theory and Evidence

Biswas, Amit K. - 2013

We study how the shadow economy affects pollution and how this effect depends on corruption levels in public administration. Production in the shadow economy allows firms to avoid environmental regulation policies; a large informal sector may be accompanied by higher pollution levels. Our...

Persistent link: https://www.econbiz.de/10013092159

Market Power in Emission Permit Markets : Theory and Evidence

Hintermann, Beat - 2013

A well-known result about market power in emission permit markets is that efficiency can be achieved by full free allocation to the dominant firm. I show that this result breaks down when taking the interaction between input and output markets into account, even if the firm perceives market...

Persistent link: https://www.econbiz.de/10013073090

Multi-Pollutant Point-Nonpoint Trading with Participation Decisions : The Role of Transaction Costs

Reeling, Carson - 2018

High transaction costs and thin participation plague water quality trading and prevent markets from delivering expected efficiency gains. Point sources generate a single pollutant, while nonpoint sources generate multiple, complementary pollutants. We develop a dynamic search model of...

Persistent link: https://www.econbiz.de/10012911045

Anticipated International Environmental Agreements

Acikgoz, Omer - 2016

Consider a situation in which countries anticipate an international environmental agreement (IEA) to be in effect sometime in the future. What is the impact of the future IEA on current emissions after its announcement? We show that the answer to this question is ambiguous. We examine four types...

Persistent link: https://www.econbiz.de/10012977180

Electoral Incentives and Firm Behavior : Evidence from U.S. Power Plant Pollution Abatement

Doyle, Matthew - 2016

Researchers have utilized the fact that many states have term limits (as opposed to being eligible for re-election) for governors to determine how changes in electoral incentives alter state regulatory agency behavior. This paper asks whether these impacts spill over into private sector...

Persistent link: https://www.econbiz.de/10012979132

What Forces Dictate the Design of Pollution Monitoring Networks?

Muller, Nicholas Z.; Ruud, Paul A - 2021

The U.S. Environmental Protection Agency (USEPA) maintains networks of pollution monitors for two basic purposes: to check and enforce the attainment of national ambient air quality standards (NAAQS) and to provide useful data for studying pollution and its effects. These purposes imply...

Persistent link: https://www.econbiz.de/10013315509

Carbon Content of Electricity Futures in Phase II of the EU ETS

Fell, Harrison G.; Hintermann, Beat; Vollebergh, Herman R.J - 2021

We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord Pool market and Spain, using one-year futures for base and peak load prices for the years 2009-2012, corresponding to physical settlement during the second market phase of the...

Persistent link: https://www.econbiz.de/10013315729

Gasoline Content Regulation and Compliance Among US Refineries

Chakravorty, Ujjayant; Nauges, Céline; Thille, Henry - 2021

The US refining industry is a leading producer of sulfur oxide and nitrogen oxide emissions. As a result of the Clean Air Act, it has been subject to a host of environmental regulations that prescribe the production processes firms can employ and limits their emissions based on the permits they...

Persistent link: https://www.econbiz.de/10013315847

France's Environmental Policies : Internalising Global and Local Externalities

Égert, Balázs - 2021

also at dealing with local air and water pollution, waste management and the conservation of biodiversity. The laws that … followed the Grenelle de l’environnement encompass policy measures in energy generation, manufacturing, transport, waste … reduce carbon intensity in the residential and transport sectors; how to improve waste management; and whether external costs …

Persistent link: https://www.econbiz.de/10013315889

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