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The Impact of Oil and Gas Extraction on Infant Health
Hill, Elaine L. - National Bureau of Economic Research - 2022
The benefits and costs of resource extraction are currently being hotly debated in the case of unconventional natural gas development (commonly known as "fracking"). Colorado provides a unique research environment to study the health impacts of conventional and unconventional forms of oil and...
Persistent link: https://www.econbiz.de/10013462732
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Internalizing Externalities : Disclosure Regulation for Hydraulic Fracturing, Drilling Activity and Water Quality
Bonetti, Pietro; Leuz, Christian; Michelon, Giovanna - National Bureau of Economic Research - 2023
The rise of shale gas and tight oil development has triggered a major debate about hydraulic fracturing (HF). In an …
Persistent link: https://www.econbiz.de/10013537736
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The Shifting Finance of Electricity Generation
Andonov, Aleksandar; Rauh, Joshua - National Bureau of Economic Research - 2024
Despite the incentives of incumbent domestic listed corporations (DLCs) in the electricity generation industry, private equity, institutional investors, and foreign corporations have played an outsized role in financing the energy transition. These new entrants are twice as likely to create...
Persistent link: https://www.econbiz.de/10014635696
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Climate Change, Directed Innovation, and Energy Transition : The Long-run Consequences of the Shale Gas Revolution
Acemoglu, Daron; Aghion, Philippe; Barrage, Lint; … - National Bureau of Economic Research - 2023
technology response to the shale gas boom results in a significant increase in emissions as the US economy is pushed into a … "fossil-fuel trap" where long-run innovations shift away from renewables. Overall, the shale gas boom reduces our measure of …
Persistent link: https://www.econbiz.de/10014372414
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A Theory of Price Caps on Non-Renewable Resources
Johnson, Simon; Rachel, Lukasz; Wolfram, Catherine D. - National Bureau of Economic Research - 2023
In December 2022, following Russia's invasion of Ukraine, a G7-led coalition of countries imposed a $60 per barrel price cap on the sales of Russian oil that use western services. This paper provides a theoretical and quantitative analysis of this new tool. We build a tractable equilibrium model...
Persistent link: https://www.econbiz.de/10014322735
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Contingent Trade Agreements
Harstad, Bård - National Bureau of Economic Research - 2024
There are often conflicts between proponents of trade and environmental activists. This paper shows, however, how trade agreements can be designed so as to motivate environmental conservation. I first analyze a standard trade model, where resource exploitation (e.g., deforestation) is a...
Persistent link: https://www.econbiz.de/10014544671
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Impacts of the Jones Act on U.S. Petroleum Markets
Kellogg, Ryan; Sweeney, Richard L. - National Bureau of Economic Research - 2023
We study how the Jones Act -- a 100-year-old U.S. regulation that constrains domestic waterborne shipping -- affects U.S. markets for crude oil and petroleum products. We collect data on U.S. Gulf Coast and East Coast fuel prices, movements, and consumption, and we estimate domestic non-Jones...
Persistent link: https://www.econbiz.de/10014447259
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The Dynamic Impact of Market Integration : Evidence from Renewable Energy Expansion in Chile
Gonzales, Luis E.; Ito, Koichiro; Reguant, Mar - National Bureau of Economic Research - 2022
Effective and economical expansion of renewable energy is one of the most urgent and important challenges of addressing climate change. However, many countries are facing a problem because existing network infrastructures (i.e., transmission networks) were not originally built to accommodate...
Persistent link: https://www.econbiz.de/10013210044
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Negotiations of Oil and Gas Auxiliary Lease Clauses : Evidence from Pennsylvania's Marcellus Shale
Harleman, Max; Manohar, Pramod; Hill, Elaine L. - National Bureau of Economic Research - 2022
compensation and specific clauses in nearly 60,000 leases signed in the Marcellus Shale Play of Pennsylvania. We leverage the … relationship between compensation and clauses. Second, we find that as development of the shale play progressed over time …-around and point to similar environmental justice concerns identified in other shale plays …
Persistent link: https://www.econbiz.de/10013477298
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What Matters for Electrification? Evidence from 70 Years of U.S. Home Heating Choices
Davis, Lucas W. - National Bureau of Economic Research - 2021
The percentage of U.S. homes heated with electricity has increased steadily from 1% in 1950, to 8% in 1970, to 26% in 1990, to 39% in 2018. This paper investigates the key determinants of this increase in electrification using data on heating choices from millions of U.S. households over a...
Persistent link: https://www.econbiz.de/10012482542