Using a structural decomposition analysis, we analyze the causes of reduction in emitted sulfur originating from the manufacturing industry in Sweden during 1976-1995. We also analyze how policy instruments work with respect to sulfur emissions. We conclude that the sulfur tax has been important...

We estimate hurdle rates for firms' investments in pollution abatement technology, using ex post data. The method is based on a structural option value model where the future price of polluting fuel is the major source of uncertainty facing the firm. The empirical procedure is illustrated using...

We estimate hurdle rates for firms’ investments in pollution abatement technology, using ex post data. The method is based on a structural option value model where the future price of polluting fuel is themajor source of uncertainty facing the firm. The empirical procedure is illustrated using...

In the SAGD (Steam-Assisted Gravity Drainage) process, high temperature saturated-steam is injected into an oil sands reservoir to lower the viscosity of the bitumen hosted within the reservoir. Typical steam temperatures range from 200 to 260 °C. Under these conditions, the bitumen, in...