Showing 1 - 10 of 1,052
We assess the long-run dynamic implications of market-based regulation of carbon dioxide emissions in the US Portland cement industry. We consider several alternative policy designs, including mechanisms that use production subsidies to partially offset compliance costs and border tax...
Persistent link: https://www.econbiz.de/10013096131
The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering broad international participation and significant global CO2 emissions...
Persistent link: https://www.econbiz.de/10013065958
I investigate the cost and feasibility of reducing US GHG emissions by 80% from 2005 levels by 2050. The US has stated in its Paris COP 21 submission that this is its aspiration. I suggest that this goal can be reached at a cost in the range of $37 to $135 bn/year. I assume that the goal is to...
Persistent link: https://www.econbiz.de/10012984767
Coal mined on federally managed lands accounts for approximately 40% of U.S. coal consumption and 13% of total U.S. energy-related CO2 emissions. The U.S. Department of the Interior is undertaking a programmatic review of federal coal leasing, including the climate effects of burning federal...
Persistent link: https://www.econbiz.de/10012993221
Climate policy poses a dilemma for environmental economists. The economic argument for stringent GHG abatement is far from clear. There is disagreement among both climate scientists and economists over the likelihood of alternative climate outcomes, over the nature and extent of the uncertainty...
Persistent link: https://www.econbiz.de/10013104077
Major carbon-pricing systems in Europe and North America involve multiple jurisdictions (countries or states). Individual jurisdictions often pursue additional initiatives—such as unilateral carbon price floors, legislation to phase out coal, aviation taxes or support programs for renewable...
Persistent link: https://www.econbiz.de/10012890770
When regulated firms are offered compensation to prevent them from relocating, efficiency requires that payments be distributed across firms so as to equalize marginal relocation probabilities, weighted by the damage caused by relocation. We formalize this fundamental economic logic and apply it...
Persistent link: https://www.econbiz.de/10013080845
This paper considers the question of under what circumstances a new environmental regulation should "phase in" gradually over time, rather than being immediately implemented at full force. The paper focuses particularly on climate policy, though its insights are more general. It shows that while...
Persistent link: https://www.econbiz.de/10013141862
To prepare for the 2008 Olympic Games, China adopted a number of radical measures to improve air quality. Using …
Persistent link: https://www.econbiz.de/10013127978
regulatory measures that China has adopted to incentivize air quality improvement: publishing a daily air pollution index (API …) for major cities since 2000 and linking the API to performance evaluations of local governments. In particular, China … with two alternative measures of air pollution - namely visibility as reported by the China Meteorological Administration …
Persistent link: https://www.econbiz.de/10013087753