Levels of CO2 emissions from electricity generation in the U.S. have changed considerably in the last decade. This development can be attributed to two factors. First, the shale gas revolution has reduced gas prices significantly, leading to a crowding out of the more CO2-intensive coal for...

Levels of CO2 emissions from electricity generation in the U.S. have changed considerably in the last decade. This development can be attributed to two factors. First, the shale gas revolution has reduced gas prices significantly, leading to a crowding out of the more CO2-intensive coal for...

This paper, in its exploratory nature, develops a descriptive empirical analysis which tries to capture the "regularities" underlying the relationship between the economy, fossil energy use and anthropogenic air pollutants at business cycle frequency. The analysis uses as framework the economy...