The effectiveness of SO{sub 2} emission allowance trading under Title 4 of the 1990 Amendments to the Clean Air Act (CAA) is of great interest due to the innovative nature of this market incentive approach. However, it may be a mistake to frame the compliance problem for a utility as a decision...

This paper focuses on how electric utility companies can respond in their decision making to uncertain variables. Here we take a mean- variance type of approach. The mean'' value is an expected cost, on a discounted value basis. We assume that management has risk preferences incorporating a...

This essay makes the case that Canada should abandon the Kyoto accord and refuse to participate in any such future accords. The first part to the argument reviews some of the key uncertainties in climate science, which are of sufficient magnitude as to indicate that we may still be all wrong...

This essay makes the case that Canada should abandon the Kyoto accord and refuse to participate in any such future accords. The first part to the argument reviews some of the key uncertainties in climate science, which are of sufficient magnitude as to indicate that we may still be all wrong...