Showing 1 - 10 of 286
There has been a widespread displacement of coal by natural gas as space heating and cooking technology in Turkey in …
Persistent link: https://www.econbiz.de/10012984770
studying climate damage. Our model features coal, oil, and gas, each extracted subject to increasing costs, a clean energy …
Persistent link: https://www.econbiz.de/10012871811
. Our focus is on quantifying short-term coal-to-gas switching decisions by different types of electric power plants in …
Persistent link: https://www.econbiz.de/10013013922
This paper evaluates changes in fuel procurement practices by coal- and gas-fired power plants in the United States … plants substantially reduce the price paid for coal (but not gas), and tend to employ less capital-intensive sulfur abatement … more productive coal mines. I show how these results lend support to theories of asymmetric information, capital bias, and …
Persistent link: https://www.econbiz.de/10013054040
advantage of coal-fired power plants. The shale revolution has resulted in unprecedented variation in natural gas prices that we …
Persistent link: https://www.econbiz.de/10013039630
This paper proposes a simple two-step estimation method (Climate Adaptive Response Estimation - CARE) to estimate sectoral climate damage functions, which account for long- run adaptation. The paper applies this method in the context of residential electricity and natural gas demand for the...
Persistent link: https://www.econbiz.de/10012925292
If a coalition of countries implements climate policies, nonparticipants tend to consume more, pollute more, and invest too little in renewable energy sources. In response, the coalition's equilibrium policy distorts trade and is not time-consistent. This paper derives conditions for when...
Persistent link: https://www.econbiz.de/10013094614
In a market subject to environmental regulation, a firmamp;apos;s strategic behavior affects the production and emissions decisions of all firms. If firms are regulated by a Pigouvian tax, changing emissions will not affect the marginal cost of polluting. However, under a tradable permits...
Persistent link: https://www.econbiz.de/10012775795
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
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