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Governments investing in long-lead technology development programs face considerable uncertainty as to whether the investment eventually will “pay off” for the taxpayer. This paper offers a framework to inform long-lead technology investment. We extend the theory of quality-adjusted cost...
Persistent link: https://www.econbiz.de/10005399441
Biomass, a renewable energy source, has been viewed as “carbon neutral”—that is, its use as energy is presumed not to …), questioned the treatment of all biomass energy as carbon neutral, arguing that it could undermine legislative emissions reduction …, independent of the feedstocks, would encourage further fossil fuel energy production, to the long-term detriment of the atmosphere …
Persistent link: https://www.econbiz.de/10008914180
Biomass energy is expected to play a major role in the substitution of renewable energy sources for fossil fuels over … the next several decades. The US Energy Information Administration (EIA 2012) forecasts increases in the share of biomass … in US energy production from 8 percent in 2009 to 15 percent by 2035. The general view has been that carbon emitted into …
Persistent link: https://www.econbiz.de/10010671562
Protection Agency’s Climate Wise program and the U.S. Department of Energy’s Voluntary Reporting of Greenhouse Gases Program, or …
Persistent link: https://www.econbiz.de/10008485548
Biomass Crop Assistance Program (BCAP). Authorized in the Food, Conservation, and Energy Act of 2008, BCAP is designed to … for renewable energy consumption. BCAP “is intended to assist agricultural and forest land owners and operators with the …
Persistent link: https://www.econbiz.de/10008502874
Using a non cooperative climate policy game applied in the literature, we find that an agreement with international emissions trading leads to increased emissions and reduced efficiency.
Persistent link: https://www.econbiz.de/10011968463
The regulation of greenhouse gas emissions from the electricity sector within a cap-and-trade system poses significant policy questions about how to allocate tradable emission allowances. Allocation conveys tremendous value and can have efficiency consequences. This research uses simulation...
Persistent link: https://www.econbiz.de/10008497178
restructuring more than offset the higher costs of controlling NOx emissions in a more competitive environment. The foregone …
Persistent link: https://www.econbiz.de/10005448656
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
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