Narrow search
Showing 1 - 10 of 78
Cover Image
Tradable rights to emit air pollution
Burtraw, Dallas; Evans, David A. - In: Australian Journal of Agricultural and Resource Economics 53 (2009) 1
The use of cap-and-trade to regulate air pollution promises to achieve environmental goals at lower cost than traditional prescriptive approaches. Cap-and-trade has been applied to various air pollutants including sulphur dioxide, nitrogen oxides and volatile organic compounds in the United...
Persistent link: https://www.econbiz.de/10010888129
Cover Image
Allocation of CO2 Emissions Allowances in the Regional Greenhouse Gas Cap-and-Trade Program
Burtraw, Dallas; Palmer, Karen L.; Kahn, Danny - 2005
result of the policy. Another concern with a regional cap-and-trade program like the Regional Greenhouse Gas Initiative (RGGI … outside the region, commonly called emissions leakage. In this research we model historic, auction, and updating approaches to … price increases the most with a historic or auction approach. Coal-fired generation in the RGGI region decreases under all …
Persistent link: https://www.econbiz.de/10009445480
Cover Image
CO2 Allowance Allocation in the Regional Greenhouse Gas Initiative and the Effect on Electricity Investors
Burtraw, Dallas; Kahn, Danny; Palmer, Karen L. - 2005
The Regional Greenhouse Gas Initiative (RGGI) is an effort by nine Northeast and Mid-Atlantic states to develop a … regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector …
Persistent link: https://www.econbiz.de/10009445517
Cover Image
The Ten-Year Rule: Allocation of Emission Allowances in the EU Emission Trading System
Burtraw, Dallas; Kruger, Joseph; Zetterberg, Lars; … - 2005
In its guidance on National Allocation Plans (NAPs), the European Commission has discouraged Member States from adopting allocation methodologies that would provide incentives to firms affecting their compliance behavior. The purpose is to promote economic efficiency and to prevent strategic...
Persistent link: https://www.econbiz.de/10005442457
Cover Image
An Experimental Analysis of Auctioning Emission Allowances Under a Loose Cap
Shobe, William; Palmer, Karen L.; Myers, Erica; Holt, … - In: Agricultural and Resource Economics Review 39 (2010) 2
The direct sale of emission allowances by auction is an emerging characteristic of cap-and-trade programs. This study … experimental setting to investigate the effects of a loose cap environment on a variety of auction types. We find that all auction … formats studied are efficient in allocating emission allowances, but auction revenues tend to be lower relative to competitive …
Persistent link: https://www.econbiz.de/10008599549
Cover Image
An Experimental Analysis of Auctioning Emission Allowances Under a Loose Cap
Shobe, William; Palmer, Karen L.; Myers, Erica; Holt, … - 2010
The direct sale of emission allowances by auction is an emerging characteristic of cap-and-trade programs. This study … setting to investigate the effects of a loose cap environment on a variety of auction types. We find that all auction formats … studied are efficient in allocating emission allowances, but auction revenues tend to be lower relative to competitive …
Persistent link: https://www.econbiz.de/10009442655
Cover Image
The Effect of Allowance Allocation on the Cost of Carbon Emission Trading
Burtraw, Dallas; Palmer, Karen L.; Bharvirkar, Ranjit; … - 2001
We investigate the cost-effectiveness and distributional effects of a revenue-raising auction, grandfathering, and a …. We solve a detailed national electricity market model and find the auction is roughly one-half the societal cost of the … performance standard yields the lowest electricity price but highest natural gas price. The auction does better than the …
Persistent link: https://www.econbiz.de/10009445506
Cover Image
Two World Views on Carbon Revenues
Burtraw, Dallas; Sekar, Samantha - 2013
The introduction of a price on carbon dioxide is expected to be more efficient than prescriptive regulation. It also instantiates substantial economic value. Initially programs allocated this value to incumbent firms (grandfathering), but the growing movement toward auctioning or emissions fees...
Persistent link: https://www.econbiz.de/10010709635
Cover Image
Two world views on carbon revenues
Burtraw, Dallas; Sekar, Samantha - In: Journal of Environmental Studies and Sciences 4 (2014) 1, pp. 110-120
The introduction of a price on CO<Subscript>2</Subscript> is expected to be more efficient than prescriptive regulation. It also instantiates substantial economic value. Initially, programs allocated this value to incumbent firms (grandfathering), but the growing movement toward auctioning or emissions fees makes...</subscript>
Persistent link: https://www.econbiz.de/10010995513
Cover Image
CO2 Allowance Allocation in the Regional Greenhouse Gas Initiative and the Effect on Electricity Investors
Burtraw, Dallas; Palmer, Karen; Kahn, Daniel - 2005
The Regional Greenhouse Gas Initiative (RGGI) is an effort by nine Northeast and Mid-Atlantic states to develop a … regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector …
Persistent link: https://www.econbiz.de/10005448661