Browsing Center for Energy and Environmental Policy Research by Title
Now showing items 214-233 of 334
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Over-allocation or abatement? : a preliminary analysis of the EU ETS based on the 2005 emission data
(MIT Center for Energy and Environmental Policy Research, 2006)This paper provides an initial analysis of the EU ETS based on the installation-level data for verified emissions and allowance allocations in the first trading year. Those data, released on May 15, 2006, and subsequent ... -
Panel data analysis of U.S. coal productivity
(MIT Center for Energy and Environmental Policy Research, 2000)We analyze labor productivity in coal mining in the United States using indices of productivity change associated with the concepts of panel data modeling. This approach is valuable when there is extensive heterogeneity ... -
Patterns of transmission investment
(MIT Center for Energy and Environmental Policy Research, 2005)This paper examines a number of issues associated with alternative analytical approaches for evaluating investments in electricity transmission infrastructure and alternative institutional arrangements to govern network ... -
Paying Too Much for Energy? The True Costs of Our Energy Choices
(MIT CEEPR, 2012-02)Energy consumption is critical to economic growth and quality of life. America’s energy system, however, is malfunctioning. The status quo is characterized by a tilted playing field, where energy choices are based on the ... -
Petroleum property valuation
(MIT Center for Energy and Environmental Policy Research, 2003)This paper provides an overview of the principal economic methods employed to assess the value of petroleum properties. The difference between wellhead and in situ resource values is examined, as well as drawbacks inherent ... -
Planning for future uncertainties in electric power generation : an analysis of transitional strategies for reduction of carbon and sulfur emissions
(MIT Center for Energy and Environmental Policy Research, 1991)The object of this paper is to identify strategies for the U.S. electric utility industry for reduction of both acid rain producing and global warming gases. The research used the EPRI Electric Generation Expansion Analysis ... -
The politics of government decision making : regulatory institutions
(MIT Center for Energy and Environmental Policy Research, 1989)Public decision makers are given a vague mandate to regulate industries. Restrictions on their instruments or scope of regulation affect their incentives to identify with interest groups and the effectiveness ... -
Pollution markets with imperfectly observed emissions
(MIT Center for Energy and Environmental Policy Research, 2004)I study the advantages of pollution permit markets over traditional standard regulations when the regulator has incomplete information on firms₂ emissions and costs of production and abatement (e.g., air pollution in large ... -
The portfolio of generation facilities in Japan's electric power sector, past and future
(MIT Center for Energy and Environmental Policy Research, 1999)Japan consumes a considerable amount of the world's energy, and it occupies an even more important position in the markets for internationally traded energy. Because sufficient domestic fossil-fuel reserves are not ... -
The potential for reducing carbon emissions from increased efficiency : a general equilibrium methodology
(MIT Center for Energy and Environmental Policy Research, 1990)This paper presents a methodology for analyzing the potential for reduction in carbon emissions through increased fuel efficiency and provides an illustration of the method. The methodology employed is a multisectoral, ... -
The potential role of new technology for enhanced safety and performance of nuclear power plants through improved service maintenance
(MIT Center for Energy and Environmental Policy Research, 1991)Refinements in the safety and performance of nuclear power plants must be made to maintain public confidence and ensure competitiveness with other power sources. The aircraft industry, US Navy, and other programs have ... -
The present value model of rational commodity pricing
(MIT Center for Energy and Environmental Policy Research, 1991)The present value model says that an asset's price equals the sum of current and future discounted expected future payoffs from ownership of the asset. I explore the limits of the present value model by testing its ability ... -
Prices vs. quantities with incomplete enforcement
(MIT Center for Energy and Environmental Policy Research, 1999)This paper extends Weitzman's (1974) "Prices vs. Quantities" to allow for incomplete enforcement. Whether the regulator uses prices (e.g., taxes) or quantities (e.g., tradeable quotas), a first-best design is always ... -
Pricing behavior and verticle contracts in retail markets
(MIT Center for Energy and Environmental Policy Research, 1990) -
Probabilistic policy experiments : the use of energy-economic-environmental models in the climate change policy process
(MIT Center for Energy and Environmental Policy Research, 1992)This paper uses the Edmonds-Reilly model to explore an alternative approach for using energy-economic-environmental models when analyzing future CO2 emissions. This approach--conducting probabilistic policy experiments--can ... -
Project evaluation : a practical asset pricing method
(MIT Center for Energy and Environmental Policy Research, 1992)This paper presents a practical approach to project evaluation using techniques of modern financial economics, with a sample application to oil development under a complex tax system. The method overcomes shortcomings of ... -
Public attitudes toward American's energy options : report of the 2007 MIT Energy Survey
(MIT Center for Energy and Environmental Policy Research, 2007)The prospects of global warming and potential shortages of oil have brought energy back to the forefront of the list of national, indeed, global, problems that governments, corporations and society must address. In 2002, ... -
Quasi-experimental and experimental approaches to environmental economics
(MIT Center for Energy and Environmental Policy Research, 2007)This paper argues that an increased application of quasi-experimental and experimental techniques will improve understanding about core environmental economics questions. This argument is supported by a review of the ... -
Race, waste and long-run outcomes
(MIT Center for Energy and Environmental Policy Research, 1996)We examine the hypothesis that hazardous waste facilities are disproportionately located in minority neighborhoods. We also ask whether such facilities provide observable economic benefits to the surrounding community. the ... -
Rail costs and capital adjustments in a quasi regulated environment
(MIT Center for Energy and Environmental Policy Research, 1991)This paper reports on results obtained from the estimation of a rail cost function using a pooled-time series, cross section of Class I railroads for the period 1974-1986. An analysis is performed of short-run and long-run ...
