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 report provides background information for the Bonneville Power Administration (Bonneville) in its efforts to quantify the environmental externalities associated with new electricity resources. A more detailed companion document has been provided to Bonneville for internal use. This report...

This case study focuses on the potential for a carbon tax ($25 and $100 per metric ton of carbon) to reduce energy use and associated carbon dioxide (CO[sub 2]) emissions in three subsectors of the stone, clay, and glass industry: hydraulic cement, glass and glass products, and other products. A...

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...

The Office of Defense Programs (DP) was the first US Department of Energy (DOE) Cognizant Secretarial Office (CSO) to attempt to benchmark private industries for best-in-class practices in the field of pollution prevention. Defense Programs` intent in this effort is to identify and bring to DOE...

This paper presents a methodology and results for assessing the impact of production and energy efficiency, environmental regulation, and abatement capital expenditure constraints (e.g. capital rationing) on the productivity of energy and pollution intensive sectors. Energy is treated like any...

This case study focuses on the potential for a carbon tax ($25 and $100 per metric ton of carbon) to reduce energy use and associated carbon dioxide (CO{sub 2}) emissions in three subsectors of the stone, clay, and glass industry: hydraulic cement, glass and glass products, and other products. A...

The author concludes that mitigation is the focus of conflicting opinions regarding responsibility, strategy, and effort. There are no hard, fast, or tried and true rules for company involvement in mitigation efforts. Each mitigation effort must be tailored and negotiated to match the unique...

Several bills were introduced in the past two Congresses to reduce emissions of sulfur dioxide and nitrogen oxides from electric power plants. The effects of these bills on electricity costs depend on features of the bills, on the mix of generating capacity owned by different electric utilities,...

This project implements a economic methodology to measure the marginal abatement costs of pollution by measuring the lost revenue implied by an incremental reduction in pollution. It utilizes observed performance, or `best practice`, of facilities to infer the marginal abatement cost. The...