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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 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
The Clean Air Act Amendments of 1990 (hereafter CAAA) have created a market-based mechanism that is designed to employ a profit-oriented incentive to enable electric utilities to reduce SO{sub 2} emissions at the least cost. One of the most important challenges facing state regulatory utility...
Persistent link: https://www.econbiz.de/10009435498
This paper deals with the effects of uncertainty and risk aversion on market outcomes for SO{sub 2} emission allowance prices and on electric utility compliance choices. The 1990 Clean Air Act Amendments (CAAA) provide about twice as many SO{sub 2} allowances to be issued per year in Phase I...
Persistent link: https://www.econbiz.de/10009435564
The objective of this research project is the development of a second generation in-duct sorbent injection technology as a cost-effective compliance option for the 1990 Clean Air Act Amendments. Research focused on the Advanced Coolside Process, which has shown the potential of exceeding the...
Persistent link: https://www.econbiz.de/10009435732
This paper deals with the effects of uncertainty and risk aversion on market outcomes for SO{sub 2} emission allowance prices and on electric utility compliance choices. The 1990 Clean Air Act Amendments (CAAA), which are briefly reviewed here, provide for about twice as many SO{sub 2}...
Persistent link: https://www.econbiz.de/10009435950
The Clean Air Act Amendments of 1990 (hereafter CAAA) have created a market-based mechanism that is designed to employ a profit-oriented incentive to enable electric utilities to reduce SO{sub 2} emissions at the least cost. One of the most important challenges facing state regulatory utility...
Persistent link: https://www.econbiz.de/10009436580
This paper deals with the effects of uncertainty and risk aversion on market outcomes for SO{sub 2} emission allowance prices and on electric utility compliance choices. The 1990 Clean Air Act Amendments (CAAA) provide about twice as many SO{sub 2} allowances to be issued per year in Phase I...
Persistent link: https://www.econbiz.de/10009437211