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Public water utilities have increasingly turned to increasing block rate price structures to reduce water consumption … and signal the high environmental costs of water supply. Hsu evaluates the impact of a new and substantially higher price … those who consume very high quantities of water. The public water utility in Seattle added such a rate to its existing price …
Persistent link: https://www.econbiz.de/10009460795
electric water heaters with gas water heaters); (b) sell power conserved through the EE program to the market at a price higher …
Persistent link: https://www.econbiz.de/10009436678
the built environment. The planned successor to this CRC – the Sustainable Built Environment Centre will further progress environmental sustainability for the built environment as the Centre’s future is confirmed in early 2009. We would like to thank the Senate Committee for the opportunity...
Persistent link: https://www.econbiz.de/10009438330
Chapter 1 analyzes hybrid-trigger CAT bonds, a new CAT bond deal that can reduce basis risk and eliminate moral hazard simultaneously. It is the first research that provides analytical evidence on the condition under which the hybrid trigger has lower basis risk. Simulation results support my...
Persistent link: https://www.econbiz.de/10009438957
Chapter 1 analyzes hybrid-trigger CAT bonds, a new CAT bond deal that can reduce basis risk and eliminate moral hazard simultaneously. It is the first research that provides analytical evidence on the condition under which the hybrid trigger has lower basis risk. Simulation results support my...
Persistent link: https://www.econbiz.de/10009439051
Market approaches to limit CO2e emissions such as carbon taxes and emissions trading schemes (ETSs) aim to avoid dangerous anthropogenic climate change by ascribing a financial cost to emissions. Yet such approaches have failed to establish either emissions limits or carbon prices equal to the...
Persistent link: https://www.econbiz.de/10009441812
Drawing on the method developed by Just and Pope (1978, 1979), this paper separately analyzes the marginal contributions of both regular input factors and climate factors to mean output and to production risk in Chinese inland aquaculture. Furthermore, the net change in output following a 1°C...
Persistent link: https://www.econbiz.de/10009442668
The purpose of this study is to examine the possible local impacts of cap-and-trade climate policy on agricultural producers in the Northern Plains. This study explicitly considers farmer behavior with respect to agricultural opportunity in carbon offset provision and ability of adaptation to...
Persistent link: https://www.econbiz.de/10009442669
Trading schemes for emission allowances have become a panacea for nations aspiring toreduce their aggregate emissions of greenhouse gases from industry in a cost-effectivemanner. The contention of this paper is that an emissions trading scheme (ETS) shouldnot be based on blanket coverage of...
Persistent link: https://www.econbiz.de/10009443299
Economics is the study of choices, and how they are made compatible. The issue of global warming can be viewed in the context of a set of choices that lead to climate change. In a free society choices are made compatible via the price system. If prices do not reflect the true cost of carbon,...
Persistent link: https://www.econbiz.de/10009466946