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Environmental Economics, Regulation, and Innovation
Greaker, Mads; Popp, David - National Bureau of Economic Research - 2022
This paper provides a primer on the economics of environmental innovation. Our intention is not to write a pure review … both emissions and of emissions abatement. We then analyze theoretically how innovation may affect marginal abatement costs …. We also cover the different modelling choices with respect to how the innovation process is represented mathematically …
Persistent link: https://www.econbiz.de/10013388770
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Innovation Market Failures and the Design of New Climate Policy Instruments
Armitage, Sarah C.; Bakhtian, Noël; Jaffe, Adam B. - National Bureau of Economic Research - 2023
externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …
Persistent link: https://www.econbiz.de/10014337854
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The Unequal Economic Consequences of Carbon Pricing
Känzig, Diego R. - National Bureau of Economic Research - 2023
emissions and more green innovation. This comes at the cost of a fall in economic activity, which is borne unequally across …
Persistent link: https://www.econbiz.de/10014287322
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Private Adoption of Public Good Technologies : The Case of PurpleAir
Zivin, Joshua S. Graff; Krebs, Benjamin; Neidell, Matthew - National Bureau of Economic Research - 2024
We study the private adoption and diffusion of a technology that provides a local public good - PurpleAir (PA) pollution monitors. From a purely informational perspective, the ideal spacing of these monitors should reflect the degree of spatial correlation in pollution. In stark contrast, we...
Persistent link: https://www.econbiz.de/10014528395
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Carbon Pricing, Clean Electricity Standards, and Clean Electricity Subsidies on the Path to Zero Emissions
Borenstein, Severin; Kellogg, Ryan - National Bureau of Economic Research - 2022
We categorize the primary incentive-based mechanisms under consideration for addressing greenhouse gas emissions from electricity generation--pricing carbon, setting intensity standards, and subsidizing clean energy--and compare their market outcomes under similar expansions of clean electricity...
Persistent link: https://www.econbiz.de/10013334480
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How Rules and Compliance Impact Organizational Outcomes : Evidence from Delegation in Environmental Regulation
Fenske, James; Haseeb, Muhammad; Kala, Namrata - National Bureau of Economic Research - 2023
Formal rules within organizations are pervasive, but may be interpreted and implemented differently by actors within the organization, impacting organizational outcomes. We consider a delegation reform that changed formal rules within the environmental regulator in an Indian state, by giving...
Persistent link: https://www.econbiz.de/10014447312
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The Gas Trap : Outcompeting Coal vs. Renewables
Harstad, Bård; Holtsmark, Katinka - National Bureau of Economic Research - 2024
We analyze a fundamental dilemma and time-inconsistency problem facing a climate coalition producing natural gas. In the short term, it is tempting to export more to outcompete coal. When this policy is anticipated, however, investments in renewables fall and emissions ultimately increase. When...
Persistent link: https://www.econbiz.de/10014635681
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Regulating Untaxable Externalities : Are Vehicle Air Pollution Standards Effective and Efficient?
Jacobsen, Mark R.; Sallee, James M.; Shapiro, Joseph S.; … - National Bureau of Economic Research - 2022
What is a feasible and efficient policy to regulate air pollution from vehicles? A Pigouvian tax is technologically infeasible. Most countries instead rely on exhaust standards that limit air pollution emissions per mile for new vehicles. We assess the effectiveness and efficiency of these...
Persistent link: https://www.econbiz.de/10013477194
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Institutions, Comparative Advantage, and the Environment
Shapiro, Joseph S. - National Bureau of Economic Research - 2023
This paper proposes that strong financial, judicial, and labor market institutions provide comparative advantage in clean industries, and thereby improve a country's environmental quality. Five complementary tests support this hypothesis. First, industries that depend on institutions are...
Persistent link: https://www.econbiz.de/10014421193
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The Economic Determinants of Heat Pump Adoption
Davis, Lucas W. - National Bureau of Economic Research - 2023
One concern with subsidies for low-carbon technologies is that they tend to go predominantly to high-income households. Previous research has shown, for example, that the top income quintile receives 60% of subsidies for rooftop solar and 90% of subsidies for electric vehicles. This paper finds...
Persistent link: https://www.econbiz.de/10014322732