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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...
Persistent link: https://www.econbiz.de/10009436272
of air pollution. Chapter 2 analyses the potential application of desalination in China from an economic perspective … health impacts from air pollution in Tianjin. Although China has made dramatic economic progress in recent years, air …This thesis investigates several selected environmental issues in China from an economic perspective. It consists of …
Persistent link: https://www.econbiz.de/10009449679
-effective pollution reduction. One of the important design questions in a trading program is how to initially distribute the emissions …
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
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...
Persistent link: https://www.econbiz.de/10009435386
This paper deals with the market for SO{sub 2} emission allowances over time and electric utility compliance choices. For currently high emitting plants ( 2.5 lb SO{sub 2}/MMBtu), the 1990 Clean Air Act Amendments (CAAA) provide for about twice as many SO{sub 2} allowances to be issued per year...
Persistent link: https://www.econbiz.de/10009435433
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...
Persistent link: https://www.econbiz.de/10009435621
Concentrations of environmental pollutants tend to follow positively skewed frequency distributions. Two such density functions are the gamma and lognormal. Minimum variance unbiased estimators of the expected value for both densities are available. The small sample statistical properties of...
Persistent link: https://www.econbiz.de/10009435692
Claims of property value loss are commonly raised by homeowners when noxious facilities are sited or when new information about the hazards of existing facilities is made public. While the capitalization of externalities into land values is consistent with economic theory, empirical measurement...
Persistent link: https://www.econbiz.de/10009436419
Ein Handel mit verbrieften Verschmutzungsrechten gilt als treffsicher, als kosteneffizient und darüber hinaus als geeignet, umwelttechnischen Fortschritt zu induzieren. Das Europäische Emissionshandelssystem weist einige Besonderheiten auf, welche zu Wirkungsbrüchen führen können, die...
Persistent link: https://www.econbiz.de/10009454914