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The U.S. and China are the world's largest and second largest CO2 emitters, respectively, and to what extent the U.S. and China get involved in combating global climate change is extremely important both for lowering compliance costs of climate mitigation and adaptation and for moving...
Persistent link: https://www.econbiz.de/10012775458
This article introduces and overviews U.S. renewable energy policy. It describes the shape, content, and contours of that policy, including its emphases and functions in both the electricity and transportation sectors of the U.S. economy. To do so, the article builds a conceptual model that can...
Persistent link: https://www.econbiz.de/10013002575
The Kyoto Protocol on climate change allocates tradable quotas to developed countries, but let them free to choose the means to respect their quota. There are good reasons for a country not to control its firms through internationally tradable permits. We thus compare a tax and purely domestic...
Persistent link: https://www.econbiz.de/10011597628
This paper analyses whether different emissions trading regimes provide different incentives to participate in a cooperative climate agreement. Different incentive structures are discussed for those countries, namely the US, Russia and China, that are most important in the climate negotiation...
Persistent link: https://www.econbiz.de/10011593001
There are existing legal systems that embody planned resiliency. One of these is the “multiple-use” paradigm, which instructs resource managers to manage resources to maximize their multiple uses. Despite this built-in resiliency, the agencies charged with such management have not been able...
Persistent link: https://www.econbiz.de/10014170632
The U.S. Acid Rain Program implemented a nationwide market for electric utilities' sulfur dioxide (SO2) emissions and included voluntary compliance possibilities for nonaffected sources. I observe significant voluntary participation 'albeit with small impact on the SO2 market' mostly from...
Persistent link: https://www.econbiz.de/10014182107
This article examines two of the major water legal regimes in the Americas - that of Brazil and the United States. Both countries have extensive wet and dry regions and both hydro-regimes face a significant threat from global warming. Brazil, for instance, is home to between eight and fifteen...
Persistent link: https://www.econbiz.de/10014182981
This article is a study of the then proposed 1971 U.S.-Canada Great Lakes Water Quality Agreement and the long history of developing U.S.- Canadian cooperation that preceded it. The article suggests that this experience: (1) offers guidance for the solution of problems that other programs of...
Persistent link: https://www.econbiz.de/10014198018
The U.S. Clean Air Act Amendments of 1990 initiated the first large experiment in the use of market-based regulation to control environmental problems with the introduction of an emissions trading program for sulfur dioxide emissions. Later that decade the second large trading program began for...
Persistent link: https://www.econbiz.de/10014202613
The United State Supreme Court's holding in Massachusetts v. EPA that greenhouse gases are air pollutants under the Clean Air Act makes it virtually certain that federal climate change legislation will be accomplished by amending that Act. This Article explains and justifies an approach to...
Persistent link: https://www.econbiz.de/10014223551