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We examine the impact of electricity sector restructuring on the operating efficiency of coal-fired power plants in India. Between 1995 and 2009, 85 percent of coal-based generation capacity owned by state governments was unbundled from vertically integrated State Electricity Boards into state...
Persistent link: https://www.econbiz.de/10013120321
. Air conditioning (AC) can greatly reduce this heat exposure. We develop a simple model of air conditioning adoption by … industry-level output, we present aggregation results highlighting how the industry's output is insulated from the heat. Our … empirical analysis of the impacts of heat on total factor productivity in U.S manufacturing yields findings broadly consistent …
Persistent link: https://www.econbiz.de/10012976982
due to the burning of bituminous coal for heat. We estimate the effects of this bituminous coal consumption on mortality …
Persistent link: https://www.econbiz.de/10013034213
Policy-makers have instituted a variety of fuel economy tax policies -- polices that tax or subsidize new vehicle purchases on the basis of fuel economy performance -- in the hopes of improving fleet fuel economy and reducing gasoline consumption. This article reviews existing policies and...
Persistent link: https://www.econbiz.de/10013137016
Extreme heat is the single best predictor of corn and soybean yields in the United States. While average yields have … risen continuously since World War II, we find no evidence that relative tolerance to extreme heat has improved between 1950 … and 2005. Climate change forecasts project a sharp increase in extreme heat by the end of the century, with the potential …
Persistent link: https://www.econbiz.de/10013138707
U.S. adoption of a cap-and-trade program for greenhouse gases could place some domestic producers at a disadvantage relative to international competitors who do not face similar regulation. To address this issue, proposed federal climate change legislation includes a provision that would freely...
Persistent link: https://www.econbiz.de/10013138772
Reducing emissions of the greenhouse gases that cause climate change will require dramatic changes in the way that energy is produced and consumed. The cost of technological changes such as alternative energy sources and improved energy efficiency will play a large role in determining the...
Persistent link: https://www.econbiz.de/10013116453
Because of the global commons nature of climate change, international cooperation among nations will likely be necessary for meaningful action at the global level. At the same time, it will inevitably be up to the actions of sovereign nations to put in place policies that bring about meaningful...
Persistent link: https://www.econbiz.de/10013118839
A new and important concept in global warming economics and policy is the social cost of carbon or SCC. This concept represents the economic cost caused by an additional ton of carbon-dioxide emissions or its equivalent. The present study describes the development of the concept as well as its...
Persistent link: https://www.econbiz.de/10013119046
Emissions of greenhouse gases linked with global climate change are affected by diverse aspects of economic activity, including individual consumption, business investment, and government spending. An effective climate policy will have to modify the decision calculus for these activities in the...
Persistent link: https://www.econbiz.de/10013119775