Technological progress can play a key role in raising standards of living while improving environmental quality. Well-designed environmental regulations encourage innovation, while poorly designed regulations can inhibit progress. The Porter hypothesis goes further to suggest that tougher...

R&D policies play an important role for developing technologies. Alternative technology indexes are tested to provide an improved understanding of technology index in the offshore oil and gas industry. The analysis compares ten alternative technology indexes including technology diffusion...

Sound energy and environmental policies require reliable forecasts of production and pollution, as well as supply response to policy actions. In this study, we describe a model for forecasting long-term production and pollution in the offshore oil and gas industry in the Gulf of Mexico under...