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increase emissions ("leakage"). Estimates from computable general equilibrium (CGE) models such as Elliott et al (2010a …. Most CGE models do not allow for negative leakage. In this paper, we use a full CGE model with many countries and many …
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Our new analytical general equilibrium model is used to study effects of tightening state Renewable Portfolio Standards (RPS) on electricity price, CO2 emissions, fossil fuel electricity generation, and two kinds of renewable generation. We show how those outcomes depend on key state...
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