Browsing Center for Energy and Environmental Policy Research by Title
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Browsing Center for Energy and Environmental Policy Research by Title
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(MIT Center for Energy and Environmental Policy Research, 1999)Most economists and analysts claim that extended use of pollution charges in environmental policy will have substantial efficiency advantages in countries undergoing transition to market economies. Essentially this paper ...
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(MIT Center for Energy and Environmental Policy Research, 2011-07)Using the most comprehensive data file ever compiled on air pollution, water pollution, environmental regulations, and infant mortality from a developing country, the paper examines the effectiveness of India’s environmental ...
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(MIT Center for Energy and Environmental Policy Research, 2011-05)The United States Government recently concluded a year-long process to develop a range of values representing the monetized damages associated with an incremental increase in carbon dioxide (CO2) emissions, commonly referred ...
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(MIT CEEPR, 2012-07)Ethanol made from corn comprises 10% of US gasoline, up from 3% in 2003. This dramatic increase was spurred by recent policy initiatives such as the Renewable Fuel Standard and state-level blend mandates, and supported ...
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(MIT Center for Energy and Environmental Policy Research, 2008)The European Union Emissions Trading Scheme (EU ETS) is the largest greenhouse gas market ever established. The European Union is leading the world's first effort to mobilize market forces to tackle climate change. A precise ...
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(2008)The European Union's Emission Trading Scheme (EU ETS) is the world's first multinational cap-and-trade system for greenhouse gases. As an agreement between sovereign nations with diverse historical, institutional, and ...
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(MIT Center for Energy and Environmental Policy Research, 2011-05)Focusing on the U.S. and the E.U., this essay seeks to advance four main propositions. First, the incidence of the short-run costs of programs to subsidize the generation of electricity from renewable sources varies with ...
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(MIT Center for Energy and Environmental Policy Research, 1994)The purpose of this thesis is to analyze capacity release transactions in the natural gas industry and to state some preliminary conclusions about how the capacity release market is functioning. Given FERC's attempt to ...
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(MIT Center for Energy and Environmental Policy Research, 1997)We develop continuous-time models of capacity choice when demand fluctuates stochastically, and the firm's opportunities to expand or contract are limited. Specifically, we consider costs of investing or disinvesting that ...
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(MIT Center for Energy and Environmental Policy Research, 1998)The low price of allowances has been a frequently noted featured of the implementation of the sulfur dioxide emissions market of the U.S. Acid Rain Program. This paper presents theoretical and numerical analyses that explain ...
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(MIT Center for Energy and Environmental Policy Research, 2003)The U.S. SO2 cap-and-trade program was established as a result of the enactment of the 1990 Clean Air Act Amendments (1990 CAAA) under the authority granted by Title IV, which included several measures to reduce precursor ...
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(MIT Center for Energy and Environmental Policy Research, 2010-09)Climate policy is complicated by the considerable compounded uncertainties over the costs and benefits of abatement. We don’t even know the probability distributions for future temperatures and impacts, making cost-benefit ...
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(MIT Center for Energy and Environmental Policy Research, 2010-10)The United States requires a substantial investment in transmission capacity over the next several decades. This investment is needed to ensure system reliability, to accommodate growth in demand for electricity, and to ...
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(MIT Center for Energy and Environmental Policy Research, 2007)This paper applies the literature on asymmetric price transmission to the emerging commodity market for EU emissions allowances (EUA). We utilize an error correction model and an autoregressive distributed lag model to ...
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(MIT Center for Energy and Environmental Policy Research, 1990)The 1970 price of Saudi Light crude was $1.21, of which 89 cents was excise tax. By end-1974, the price was about $11, of which 30-50 cents was a fee paid to the former owners, now operators. The detailed history of the ...
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(MIT Center for Energy and Environmental Policy Research, 2005)We consider an infinitely-repeated oligopoly in which at each period firms not only serve the spot market by either competing in prices or quantities but also have the opportunity to trade forward contracts. Contrary to ...
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(MIT Center for Energy and Environmental Policy Research, 2004)We consider an infinitely-repeated oligopoly in which at each period firms not only serve the spot market by either competing in prices or quantities but also have the opportunity to trade forward contracts. Contrary to ...
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(MIT Center for Energy and Environmental Policy Research, 2008)We analyze oligopolistic exhaustible-resource depletion when firms can trade forward contracts on deliveries, a market structure prevalent in many resource commodity markets. We find that this organization of trade has ...
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(MIT Center for Energy and Environmental Policy Research, 1993)This paper explores the effect that energy prices and market conditions have on the retirement rates of capital goods using new micro data on aircraft lifetimes and fuel costs. The oil shocks of the 1970s made fuel intensive ...
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(MIT Center for Energy and Environmental Policy Research, 2011-08)This paper evaluates the effect of fuel prices on new vehicle fuel economy in the eight largest European markets. The analysis spans the years 2002–2007 and uses detailed vehicle registration and specification data to ...
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