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electricity generation--pricing carbon, setting intensity standards, and subsidizing clean energy--and compare their market … outcomes under similar expansions of clean electricity generation. While pricing emissions gives strong incentives to first … and emissions rates. We then estimate this correlation for US electricity generation and fuel prices as of 2019. The …
Persistent link: https://www.econbiz.de/10013334480
Persistent link: https://www.econbiz.de/10008749222
-in-differences analysis, I show that U.S. states that adopt electricity market liberalization laws are subsequently fifteen to forty …
Persistent link: https://www.econbiz.de/10012900366
The aim of this paper is to enunciate a new way to estimate levelized cost of electric energy (LCOE), considering emission of greenhouse gases cost, by taking the theoretical cost of avoiding pollution as the emission cost. In this way, it would be comparable LCOE from different sources of...
Persistent link: https://www.econbiz.de/10012157610
This paper quantifies and decomposes recent trends in U.S. PM2.5 disparities from the electricity sector using a high …-resolution pollution transport model. Between 2000-2018, PM2.5 concentrations from electricity fell by 89% for the average individual, more … dramatic convergence: since 2000, the Black-White PM2.5 disparity from electricity has narrowed by 95% and the Hispanic …
Persistent link: https://www.econbiz.de/10013334416
The introduction of the U.S. SO2 allowance-trading program to address the threat of acid rain as part of the Clean Air Act Amendments of 1990 is a landmark event in the history of environmental regulation. The program was a great success by almost all measures. This paper, which draws upon a...
Persistent link: https://www.econbiz.de/10009506424
Environmental information disclosure strategies, which involve corporate attempts to increase the availability of information on pollution and emissions, can become a basis for a new wave of environmental protection policy that follows and has the potential to complement traditional command and...
Persistent link: https://www.econbiz.de/10009267699
Economists recommend Pigouvian taxes as the most efficient way to fight climate change. Yet, carbon taxes are difficult to implement politically. To understand why, we study Washington State's two failed carbon tax referendums from 2016 and 2018—the first such votes in the United States. We...
Persistent link: https://www.econbiz.de/10013217739
In the context of transboundary air pollution policy the broad ambition is to achieve reductions in the level of environmental and societal damage associated with certain pollutant concentrations and exposure rates in a cost effective manner. Policy formulation and legislative frameworks in this...
Persistent link: https://www.econbiz.de/10009539309
This paper uses theoretical and numerical economic equilibrium models to examine optimal renewable energy (RE) support policies for wind and solar resources in the presence of a carbon externality associated with the use of fossil fuels. We emphasize three main issues for policy design: the...
Persistent link: https://www.econbiz.de/10011806737