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CO2 Allowance Allocation in the Regional Greenhouse Gas Initiative and the Effect on Electricity Investors
Burtraw, Dallas; Palmer, Karen; Kahn, Daniel - 2005
regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector … implications of these changes for the value of electricity-generating assets and the market value of the firms that own them …. The initiative is expected to lead to an increase in the price of electricity in the RGGI region and beyond. The …
Persistent link: https://www.econbiz.de/10005448661
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Compensation for Electricity Consumers Under a U.S. CO2 Emissions Cap
Paul, Anthony; Burtraw, Dallas; Palmer, Karen - 2008
would lead to changes in electricity price that vary by region primarily based primarily on whether prices are market …Policies to cap emissions of carbon dioxide (CO2) in the U.S. economy could pose significant costs on the electricity … electricity sector, we evaluate alternative ways that emission allowances can be allocated. Most previous emissions trading …
Persistent link: https://www.econbiz.de/10005448667
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Air Emissions of Ammonia and Methane from Livestock Operations: Valuation and Policy Options
Burtraw, Dallas; Palmer, Karen; Shih, Jhih-Shyang; … - 2006
policies to provide revenue for the sale of electricity generated from captured methane gas. Individually, any of these …
Persistent link: https://www.econbiz.de/10005442430
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Allocation of CO2 Emissions Allowances in the Regional Greenhouse Gas Cap-and-Trade Program
Burtraw, Dallas; Palmer, Karen; Kahn, Daniel - 2005
current emitters on the basis of a historic measure of electricity generation in an approach known as grandfathering. Recent … some performance metric in a recent year (the share of electricity generation or something else) and auctioning allowances … such as electricity price, the mix of generation technologies, and the emissions of conventional pollutants inside and …
Persistent link: https://www.econbiz.de/10005399443
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Allocation of CO2 Emissions Allowances in the Regional Greenhouse Gas Cap-and-Trade Program
Burtraw, Dallas; Palmer, Karen L.; Kahn, Danny - 2005
current emitters on the basis of a historic measure of electricity generation in an approach known as grandfathering. Recent … some performance metric in a recent year (the share of electricity generation or something else) and auctioning allowances … such as electricity price, the mix of generation technologies, and the emissions of conventional pollutants inside and …
Persistent link: https://www.econbiz.de/10009445480
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CO2 Allowance Allocation in the Regional Greenhouse Gas Initiative and the Effect on Electricity Investors
Burtraw, Dallas; Kahn, Danny; Palmer, Karen L. - 2005
regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector … implications of these changes for the value of electricity-generating assets and the market value of the firms that own them …. The initiative is expected to lead to an increase in the price of electricity in the RGGI region and beyond. The …
Persistent link: https://www.econbiz.de/10009445517
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US Status on Climate Change Mitigation
Burtraw, Dallas; Woerman, Matt - 2012
In 2009, President Obama pledged that, by 2020, the United States would achieve reductions in greenhouse gas emissions of 17 percent from 2005 levels. With the failure of Congress to adopt comprehensive climate legislation in 2010, the feasibility of the pledge was put in doubt. However, we find...
Persistent link: https://www.econbiz.de/10010643009
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An Experimental Analysis of Auctioning Emission Allowances Under a Loose Cap
Shobe, William; Palmer, Karen L.; Myers, Erica; Holt, … - In: Agricultural and Resource Economics Review 39 (2010) 2
The direct sale of emission allowances by auction is an emerging characteristic of cap-and-trade programs. This study is motivated by the observation that all of the major implementations of cap-and-trade regulations for the control of air pollution have started with a generous allocation of...
Persistent link: https://www.econbiz.de/10008599549
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An Experimental Analysis of Auctioning Emission Allowances Under a Loose Cap
Shobe, William; Palmer, Karen L.; Myers, Erica; Holt, … - 2010
The direct sale of emission allowances by auction is an emerging characteristic of cap-and-trade programs. This study is motivated by the observation that all of the major implementations of cap-and-trade regulations for the control of air pollution have started with a generous allocation of...
Persistent link: https://www.econbiz.de/10009442655
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Price Discovery in Emissions Permit Auctions
Burtraw, Dallas; Goeree, Jacob K.; Holt, Charles A.; … - Center for Economic and Policy Studies (CEPS), Weldon … - 2010
current market conditions. This paper reports a laboratory experiment in which half of the bidders experienced unannounced …
Persistent link: https://www.econbiz.de/10008577407