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Motivated by recent interventions by the states of New Jersey and Maryland and the introduction of PJM's Minimum Offer … on electricity markets. We extend the model of Joskow and Tirole (2007) to address the interconnected nature of the PJM …
Persistent link: https://www.econbiz.de/10010718763
I study the impact of subsidies for Plug-in hybrid vehicles (PHEV) on carbon emissions. I show that subsidizing innovations without considering consumer behavior can harm the environment. I provide descriptive evidence on charging instances of PHEV and combine it with a structural model of...
Persistent link: https://www.econbiz.de/10014339492
China has gradually recognized that the conventional path of encouraging economic growth at the expense of the environment cannot be sustained. It has to be changed. This article focuses on China's efforts towards energy conservation and environmental quality. The article discusses a variety of...
Persistent link: https://www.econbiz.de/10010398392
Russia s economy is energy intense and wasteful of resources.This situation has arisen in part due to the country s ample energy supplies and regulated privileges for domestic consumers.Recently enacted and proposed reforms intended to increase the efficiency of the energy sector by raising...
Persistent link: https://www.econbiz.de/10012148464
China has gradually recognized that the conventional path of encouraging economic growth at the expense of the environment cannot be sustained. It has to be changed. This article focuses on China's efforts towards energy conservation and environmental quality. The article discusses a variety of...
Persistent link: https://www.econbiz.de/10010373791
The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...
Persistent link: https://www.econbiz.de/10010403532
In the last two decades, many U.S. states introduced support policies to promote electricity generation from renewable energy sources. Renewable portfolio standards are their most popular policy choices to date. This paper tackles the question why some state legislators were front-running the...
Persistent link: https://www.econbiz.de/10013103751
Alberta government needs a revamped resource revenue stabilization fund to overcome the effects of wild swings in resource revenue and spending. Energy prices change substantially and unpredictably, causing revenue planning trouble for the Alberta government. Adjusting to these movements...
Persistent link: https://www.econbiz.de/10013068948
Executive Summary: Iowa offers several tax incentive programs that have been utilized by biofuel producers. The tax credit programs include the Enterprise Zone Program (EZ), the New Jobs and Income Program (NJIP), the New Capital Investment Program (NCIP), and the High Quality Job Creation...
Persistent link: https://www.econbiz.de/10013160455
We use data from two decades of experience with renewable portfolio standards (RPS) in the United States to identify economic incentives which affect states' decisions to adopt RPS, how renewable goals are set, and how states increase these goals over time. We find that income, economic...
Persistent link: https://www.econbiz.de/10012907103