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This essay reviews the implementation experience with three main applications of tradable permit systems: air pollution control, water supply and fisheries management. Opening with a brief summary of the theory behind these programs and both the economic and environmental consequences...
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In this paper, we discuss the endogenous formation of climate coalitions in the tradition of the issue-linkage literature. In particular, we propose a preferential free trade agreement on which a climate coalition should be built. The basic idea is that the benefits of free trade provide strong...
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Existing studies on Carbon Capture and Storage (CCS) only focus on costs and carbon dioxide (CO2) reduction that arise at the power plant and geological storage. These studies do not consider additional expenses and emissions at the input and output pathways. Consequently, we use a simulation...
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’s energy consumption by 2040, while the share of fossil fuels will decline. Oil and coal will pass the peak of consumption …
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Coal consumption and production have sharply declined in recent years in the U.S., despite political support. Reasons … are mostly unfavorable economic conditions for coal, including competition from natural gas and renewables in the power … sector, as well as an aging coal- fired power plant fleet. The U.S. Energy Information Administration as well as most models …
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