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Robust Decarbonization of the Us Power Sector : Policy Options

Stock, James H.; Stuart, Daniel N. - 2022

To reliably achieve deep decarbonization of the US power sector, a candidate policy must perform robustly across a … costs, we find that some recently proposed policies can robustly achieve 80% decarbonization (relative to 2005 emissions) or … $40 carbon tax nearly achieves the robust 80% threshold and, in most scenarios, drives deep decarbonization. A 90% CES …

Persistent link: https://www.econbiz.de/10014242559

Federal Coal Program Reform, the Clean Power Plan, and the Interaction of Upstream and Downstream Climate Policies

Gerarden, Todd - 2016

Coal mined on federally managed lands accounts for approximately 40% of U.S. coal consumption and 13% of total U.S. energy-related CO2 emissions. The U.S. Department of the Interior is undertaking a programmatic review of federal coal leasing, including the climate effects of burning federal...

Persistent link: https://www.econbiz.de/10012993221

Sustainable Cooperation in Global Climate Policy : Specific Formulas and Emission Targets to Build on Copenhagen and Cancun

Bosetti, Valentina - 2013

We explore a framework that could be used to assign quantitative allocations of emissions of greenhouse gases (GHGs), across countries, one budget period at a time. Under the two-part plan: (i) China, India, and other developing countries accept targets at Business as Usual (BAU) in the coming...

Persistent link: https://www.econbiz.de/10013091941

Innovation-Led Transitions in Energy Supply

Lemoine, Derek - 2017

I generalize a benchmark model of directed technical change to allow innovations and factors of production (here energy resources) to be substitutes or complements. I show that a dominant sector is forever locked-in under substitutability but researchers' market incentives can drive a transition...

Persistent link: https://www.econbiz.de/10012955939

Energy Efficiency Economics and Policy

Gillingham, Kenneth - 2014

Energy efficiency and conservation are considered key means for reducing greenhouse gas emissions and achieving other energy policy goals, but associated market behavior and policy responses have engendered debates in the economic literature. We review economic concepts underlying consumer...

Persistent link: https://www.econbiz.de/10013071110

Transition to Clean Technology

Acemoglu, Daron - 2015

We develop a microeconomic model of endogenous growth where clean and dirty technologies compete in production and innovation—in the sense that research can be directed to either clean or dirty technologies. If dirty technologies are more advanced to start with, the potential transition to...

Persistent link: https://www.econbiz.de/10013031480

Tax Policies for Low-Carbon Technologies

Metcalf, Gilbert E. - 2010

The U.S. tax code provides a number of subsidies for low-carbon technologies. I discuss the difficulties of achieving key policy goals with subsidies as opposed to using taxes to raise the price of pollution-related activities. In particular, subsidies lower the cost of energy (on average)...

Persistent link: https://www.econbiz.de/10013152559

The Economics of Energy Security

Metcalf, Gilbert E. - 2013

Energy security is the ability of households, businesses, and government to accommodate disruptions in supply in energy markets. This survey considers the economic dimensions of energy security, political and other non-economic security concerns and discusses policy approaches that could enhance...

Persistent link: https://www.econbiz.de/10013071794

U.S. Energy Policy During the 1990s

Joskow, Paul L. - 2021

This paper discusses U.S. energy policy and the associated evolution of energy supply, energy demand, energy prices and the industrial organization of the domestic energy industries during the period 1991 through 2000. This period covers the last two years of the George H. W. Bush administration...

Persistent link: https://www.econbiz.de/10013248235

Federal Tax Policy Towards Energy

Metcalf, Gilbert E. - 2007

On Aug. 8, 2005, President Bush signed the Energy Policy Act of 2005 (PL 109-58). This was the first major piece of energy legislation enacted since 1992 following five years of Congressional efforts to pass energy legislation. Among other things, the law contains tax incentives worth over $14...

Persistent link: https://www.econbiz.de/10012778276