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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
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 … approaches but decreases the most under updating. Gas-fired generation decreases under historic and auction approaches but …
Persistent link: https://www.econbiz.de/10009445480
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. The initiative is expected to lead to an increase in the...
Persistent link: https://www.econbiz.de/10009445517
La prominencia de las políticas de mitigación de emisiones exige una comprensión de su impacto distributivo potencial. Para evaluar la heterogeneidad distributiva, cuantificamos y analizamos la intensidad de emisión del consumo, definida como las emisiones de carbono por unidad de consumo,...
Persistent link: https://www.econbiz.de/10014000094
The purpose of this paper is to document the results of our application of the Edmonds-Reilly Model (ERM) using several scenarios provided for an Organization for Economic Cooperation and Development (OECD) project comparing global models. Because the output of this exercise is data-rich, most...
Persistent link: https://www.econbiz.de/10009435505
There is a growing acceptance that the environmentalbenefits of forests extend beyond traditional ecological benefits andinclude the mitigation of climate change. Interest in forestry mitigationactivities has led to the inclusion of forestry practices at the projectlevel in international...
Persistent link: https://www.econbiz.de/10009435540
The Australian Greenhouse Office contracted with the Collaborative Labeling and Appliance Standards Program (CLASP) for LBNL to compare US and Australian approaches to analyzing costs and benefits of minimum energy performance standards (MEPS). This report compares the approaches for three types...
Persistent link: https://www.econbiz.de/10009435572
Voluntary consumer decisions to buy electricity supplied from renewable energy sources represent a powerful market support mechanism for renewable energy development. In the early 1990s, a small number of U.S. utilities began offering 'green power' options to their customers. Since then, these...
Persistent link: https://www.econbiz.de/10009435866
Many countries and regions are introducing policies aimed at reducing the environmental footprint from the energy sector and increasing the use of renewable energy. In the United States, a number of initiatives have been taken at the state level, from renewable portfolio standards (RPSs) and...
Persistent link: https://www.econbiz.de/10009435867
Growth in renewable energy in the U.S. over the past decade has been propelled by a number of forces, including rising fossil fuel prices, environmental concerns, and policy support at the state and federal levels. In this article, we review and discuss what are arguably the two most important...
Persistent link: https://www.econbiz.de/10009436093