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Regulation, Allocation, and Leakage in Cap-and-Trade Markets for CO2
Bushnell, James - 2014
The allocation of emissions allowances is among the most contentious elements of the design of cap-and-trade systems. In this paper we develop a detailed representation of the US western electricity market to assess the potential impacts of various allocation proposals. Several proposals involve...
Persistent link: https://www.econbiz.de/10013070602
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Environmental Regulations, Air and Water Pollution, and Infant Mortality in India
Greenstone, Michael - 2011
Using the most comprehensive data file ever compiled on air pollution, water pollution, environmental regulations, and … infant mortality from a developing country, the paper examines the effectiveness of India's environmental regulations. The … air pollution regulations were effective at reducing ambient concentrations of particulate matter, sulfur dioxide, and …
Persistent link: https://www.econbiz.de/10013122696
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Trade and Environment Beyond Singapore
Whalley, John - 2021
This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the upcoming ministerial meeting in Singapore this December. It makes a number of points. Progress within the GATT/WTO on this issue looks likely to be slow and painfully...
Persistent link: https://www.econbiz.de/10013234937
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Does Agriculture Generate Local Economic Spillovers? Short-Run and Long-Run Evidence from the Ogallala Aquifer
Hornbeck, Richard - 2012
agricultural gains when post-WWII technologies increased farmers' access to groundwater. Comparing counties over the Ogallala with …
Persistent link: https://www.econbiz.de/10013100368
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How Transaction Costs Obstruct Collective Action : Evidence from California's Groundwater
Ayres, Andrew - 2017
groundwater basins using a new dataset to identify factors that influence the adoption of extraction controls. In 309 basins … severely overdrafted. Meanwhile, users in 31 basins have defined groundwater property rights, the most complete solution. We …
Persistent link: https://www.econbiz.de/10012956925
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The Evolving Impact of the Ogallala Aquifer : Agricultural Adaptation to Groundwater and Climate
Hornbeck, Richard - 2015
, technological improvements made groundwater from the Ogallala aquifer available for irrigation. Comparing counties over the Ogallala … with nearby similar counties, groundwater access increased irrigation intensity and initially reduced the impact of …
Persistent link: https://www.econbiz.de/10013037471
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Superfund Cleanups and Infant Health
Currie, Janet - 2011
We are the first to examine the effect of Superfund cleanups on infant health rather than focusing on proximity to a site. We study singleton births to mothers residing within 5km of a Superfund site between 1989-2003 in five large states. Our "difference in differences" approach compares birth...
Persistent link: https://www.econbiz.de/10013128904
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What are the Costs of Meeting Distributional Objectives for Climate Policy?
Parry, Ian W. H. - 2010
This paper develops an analytical model to quantify the costs and distributional effects of various fiscal options for allocating the (large) rents created under prospective cap-and-trade programs to reduce domestic, energy-related CO2 emissions. The trade-off between cost effectiveness and...
Persistent link: https://www.econbiz.de/10013136741
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Regulation Versus Taxation
Alesina, Alberto F. - 2010
We study which policy tool and at what level a majority chooses in order to reduce activities with negative externalities. We consider three instruments: a rule, that sets an upper limit to the activity which produces the negative externality, a quota that forces a proportional reduction of the...
Persistent link: https://www.econbiz.de/10013137596
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Taxes, Permits, and Climate Change
Kaplow, Louis - 2010
This essay revisits the question of instrument choice for the regulation of externalities in the context of climate change. The central point is that the Pigouvian prescription to equate marginal control costs with the expected marginal benefits of damage reduction should guide the design of...
Persistent link: https://www.econbiz.de/10013139280