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introduction of the Acid Rain Program in the U.S. as a case study. The theory predicts that owners of coal deposits, expecting … implementation; moreover, the incentive to increase supply would be stronger for owners of high-sulfur coal. This would, all else … equal, induce an increase in sulfur dioxide emissions. Using data on prices, heat input and sulfur content of coal delivered …
Persistent link: https://www.econbiz.de/10009565842
This essay reviews the implementation experience with three main applications of tradable permit systems: air pollution control, water supply and fisheries management. Opening with a brief summary of the theory behind these programs and both the economic and environmental consequences...
Persistent link: https://www.econbiz.de/10011596945
There is a tendency among policy-makers and industry lobbyists toward "specific", "relative" or "output-based" quotas, i.e., freely distributed to firms proportionally to their output. With a stochastic analytical model, we demonstrate that relative quotas are dominated either by absolute quotas...
Persistent link: https://www.econbiz.de/10011591303
This essay provides an overview of the major emissions trading programs of the past thirty years on which significant documentation exists, and draws a number of important lessons for future applications of this environmental policy instrument. References to a larger number of other emissions...
Persistent link: https://www.econbiz.de/10011438980
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energy types. This paper discusses the evolution of price reforms for coal, petroleum products, natural gas and electricity …
Persistent link: https://www.econbiz.de/10010403532
three dimensions - time, space, and lead-time. Consequently, different generation technologies, such as coal and wind power …
Persistent link: https://www.econbiz.de/10010344242
options that each are capable of contributing significantly to the abatement of global CO2 emissions: nuclear energy and coal … extensive the improvements of coal-based power equipped with CCS technology would need to be if our model is to significantly … scale down the construction of new nuclear power plants. -- Economic Competition ; Electricity Sector ; Nuclear Power ; Coal …
Persistent link: https://www.econbiz.de/10008824510