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, 2009-09)What is the likelihood that the U.S. will experience a devastating catastrophic event over the next few decades – something that would substantially reduce the capital stock, GDP and wealth? What does the possibility of ...
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(MIT Center for Energy and Environmental Policy Research, 1998.)To deepen the understanding of the relation between economic development and energy demand, this study estimates the Engel curves that relate per-capita energy consumption in major economic sectors to per-capita GDP. Panel ...
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(MIT Center for Energy and Environmental Policy Research, 2006)This paper measures the economic impact of climate change on US agricultural land by estimating the effect of the presumably random year-to-year variation in temperature and precipitation on agricultural profits. Using ...
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(MIT Center for Energy and Environmental Policy Research, 1993)A recent literature suggests that because investment expenditures are irreversible and can be delayed, they may be highly sensitive to uncertainty. We briefly summarize the theory, stressing its empirical implications. We ...
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(MIT Center for Energy and Environmental Policy Research, 1998)Tradable pollution permits are the basis of a new market-based approach to environmental control. The Acid Rain Program, established under Title IV of the Clean Air Act Amendments of 1990, and aimed at drastically reducing ...
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(MIT Center for Energy and Environmental Policy Research, 1990)This paper examines the role and performance of an institution for allocating savings which is observed world wide - rotating savings and credit associations. We develop a general equilibrium model of an economy with an ...
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(MIT Center for Energy and Environmental Policy Research, 2001)A universal prediction of the various oligopoly models used to predict and explain behaviour in the England and Wales (E&W) electricity wholesale market is that divestiture of plants by the two large incumbent generators ...
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(2008)Current trends in electricity consumption imply that hundreds of new fossil-fuel power plants will be built in the United States over the next several decades. Power plant siting has become increasingly contentious, in ...
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(MIT Center for Energy and Environmental Policy Research, 2007)Ambient observations have indicated that high concentrations of ozone observed in the Houston/Galveston area are associated with plumes of highly reactive hydrocarbons, mixed with NOx, from industrial facilities. Ambient ...
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(MIT CEEPR, 2012-09)The economic costs of environmental regulations have been widely debated since the U.S. began to restrict pollution emissions more than four decades ago. Using detailed production data from nearly 1.2 million plant ...
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(MIT Center for Energy and Environmental Policy Research, 1992)In 1989, 30 states levied taxes on e generation or management of hazardous waste. These taxes constitute one of the broadest applications of an emissions tax in U.S. environmental policy and provide a natural experiment ...
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(MIT Center for Energy and Environmental Policy Research, 2008)In the absence of a federal policy to cap carbon emissions many states are moving forward with their own initiatives, which currently range from announcements of commitments to reduce greenhouse gases to a regional multi-state ...
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(MIT Center for Energy and Environmental Policy Research, 2011-03)This paper examines the impact that uncertainty over economic growth may have on global energy transition and CO2 prices. We use a general-equilibrium model derived from MERGE, and define several stochastic scenarios for ...
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(MIT Center for Energy and Environmental Policy Research, 2005)This paper provides an empirical evaluation of the efficiency of allowance banking (i.e., abating more in early periods in order to abate less in later periods) in the nationwide market for sulfur dioxide (SO2) emission ...
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(MIT Center for Energy and Environmental Policy Research, 2006)In order to preserve stability of electricity supply generators must provide ancillary services in addition to energy production. Hydroelectric resources have significant ancillary service capability because of their dynamic ...
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(MIT Center for Energy and Environmental Policy Research, 2005.)The European Union's "internal energy market" remains a work in progress. It is even possible its construction were to stall. Given current political, institutional and business conditions in Europe, there are no guarantees ...
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(MIT Center for Energy and Environmental Policy Research, 2005)The energy market liberalisation process in Europe is increasingly focused on electricity market integration and related cross border issues. This signals that the liberalisation of national electricity markets is now ...
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(MIT Center for Energy and Environmental Policy Research, 2010-07-01)The study is motivated by the question “what is the optimal tariff design?” While we do not offer an answer to this question, we use the different designs in four select countries to illuminate the issues involved in ...
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(MIT Center for Energy and Environmental Policy Research, 2004)Chile was the first country in the world to implement a comprehensive reform of its electricity sector in the recent period. Among developing countries only Argentina has had a comparably comprehensive and successful reform. ...
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(MIT Center for Energy and Environmental Policy Research, 2004)I explore the advantages of tradable emission permits over uniform emission standards when the regulator has incomplete information on firms₂ emissions and costs of production and abatement (e.g., air pollution in large ...
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