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Modeling Economywide versus Sectoral Climate Policies Using Combined Aggregate-Sectoral Models

Burtraw, Dallas; Pizer, William; Harrington, Winston; … - 2005

Economic analyses of climate change policies frequently focus on reductions of energy-related carbon dioxide emissions via market-based, economywide policies. The current course of environment and energy policy debate in the United States, however, suggests an alternative outcome: inefficiently...

Persistent link: https://www.econbiz.de/10005448654

CO2 Allowance Allocation in the Regional Greenhouse Gas Initiative and the Effect on Electricity Investors

Burtraw, Dallas; Palmer, Karen; Kahn, Daniel - 2005

The Regional Greenhouse Gas Initiative (RGGI) is an effort by nine Northeast and Mid-Atlantic states to develop a regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector. The initiative is expected to lead to an increase in the...

Persistent link: https://www.econbiz.de/10005448661

Compensation for Electricity Consumers Under a U.S. CO2 Emissions Cap

Paul, Anthony; Burtraw, Dallas; Palmer, Karen - 2008

Policies to cap emissions of carbon dioxide (CO2) in the U.S. economy could pose significant costs on the electricity sector, which contributes roughly 40 percent of total CO2 emissions in the U.S. Using a detailed simulation model of the electricity sector, we evaluate alternative ways that...

Persistent link: https://www.econbiz.de/10005448667

Simple Rules for Targeting CO2 Allowance Allocations to Compensate Firms

Palmer, Karen; Butraw, Dallas; Kahn, Danny - 2006

Policies to cap emissions of carbon dioxide (CO2), such as the recently announced agreement among seven northeastern states, are expected to have important effects on the electricity industry and on the market value of firms that own electricity generation assets. The economics literature finds...

Persistent link: https://www.econbiz.de/10005442381

The Ten-Year Rule: Allocation of Emission Allowances in the EU Emission Trading System

Burtraw, Dallas; Kruger, Joseph; Zetterberg, Lars; … - 2005

In its guidance on National Allocation Plans (NAPs), the European Commission has discouraged Member States from adopting allocation methodologies that would provide incentives to firms affecting their compliance behavior. The purpose is to promote economic efficiency and to prevent strategic...

Persistent link: https://www.econbiz.de/10005442457

Allocation of CO2 Emissions Allowances in the Regional Greenhouse Gas Cap-and-Trade Program

Burtraw, Dallas; Palmer, Karen; Kahn, Daniel - 2005

Cap-and-trade programs for air emissions have become the widely accepted, preferred approach to cost-effective pollution reduction. One of the important design questions in a trading program is how to initially distribute the emissions allowances. Under the Acid Rain program created by Title IV...

Persistent link: https://www.econbiz.de/10005399443

Some Issues About the Norwegian Capital Income Imputation Model

Aarbu, Karl Ove - 1995

This paper will focus on a particular provision in the Norwegian tax reform of 1992, the imputation of capital income for self employed and small incorporated firms with active owners. A simple user cost model is derived, and this model is used to discuss the impact on investment incentives that...

Persistent link: https://www.econbiz.de/10011967927

How Should Metropolitan Washington, D.C., Finance Its Transportation Deficit?

Parry, Ian - 2001

$500 million per annum in local revenue from five possible sources. These sources are increasing labor taxes, property … taxes, gasoline taxes, transit fares, and implementing congestion taxes. Our model incorporates congestion and pollution … raising $500 million in additional revenue from labor taxes is $118 million; from transit fares is $136 million; from property …

Persistent link: https://www.econbiz.de/10005442621

Automobile Fuel Economy Standards: Impacts, Efficiency, and Alternatives

Anderson, Soren; Parry, Ian; Sallee, James M.; Fischer, … - 2010

fuel economy standards with those of fuel taxes and assess whether these two policies complement each other. Finally, we …

Persistent link: https://www.econbiz.de/10008677577

Regulation in the presence of adjustment costs and resource scarcity. Transition dynamics and intertemporal effects

Storrøsten, Halvor Briseid - 2017

This paper examines regulation in the presence of adjustment costs and resource scarcity, allowing for imperfectly informed firms. I find strong evidence that announcement of future environmental regulation will reduce current emissions in the combined presence of resource scarcity and...

Persistent link: https://www.econbiz.de/10011968634

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