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Browsing Working Papers by Issue Date
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(MIT CEEPR, 2013-01)We assess the long-run dynamic implications of market-based regulation of carbon dioxide emissions in the US Portland cement industry. We consider several alternative policy designs, including mechanisms that use production ...
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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 CEEPR, 2012-08)Two decades have passed Two decades have passed since the Clean Air Act Amendments of 1990 launched a grand experiment in market-based environmental policy: the SO2 cap-and-trade system. That system performed well but ...
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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 CEEPR, 2012-07)France, Germany, and Sweden link vehicle taxes to the carbon dioxide (CO2) emissions rates of passenger vehicles. Based on new vehicle registration data from 2005–2010, a vehicle’s tax is negatively correlated with its ...
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(MIT CEEPR, 2012-07)Climate policy poses a dilemma for environmental economists. The economic argument for stringent GHG abatement is far from clear. There is disagreement among both climate scientists and economists over the likelihood of ...
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Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves (MIT CEEPR, 2012-07)It is conventional wisdom that it is possible to reduce exposure to indoor air pollution, improve health outcomes, and decrease greenhouse gas emissions in the rural areas of developing countries through the adoption of ...
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(MIT CEEPR, 2012-07)I examine the risk/return tradeoff for environmental investments, and its implications for policy choice. Consider a policy to reduce carbon emissions. To what extent does the value of such a policy depend on the expected ...
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(MIT CEEPR, 2012-07)Willingness to pay for air quality is a function of health and the costly defensive investments that contribute to health, but there is little research assessing the empirical importance of defensive investments. The setting ...
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(MIT CEEPR, 2012-05-21)Recent financial reforms, such as the Dodd-Frank Act in the U.S. and the European Market Infrastructure Regulation, encourage greater use of clearing and therefore increased margining of derivative trades. They also impose ...
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(MIT CEEPR, 2012-05-21)Though the facts of global climate change are beyond doubt, there has been relatively limited information about its local consequences. Global climate models and their derivatives have provided often differing and unspecific ...
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(MIT CEEPR, 2012-04)The overlapping impact of the Emission Trading System (ETS) and renewable energy (RE) deployment targets creates a classic case of interaction effects. Whereas the price interaction is widely recognized and has been ...
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(MIT CEEPR, 2012-02)This paper analyzes the impact of the Fukushima accident on the future of nuclear power around the world. We begin with a discussion of the ‘but for’ baseline and the much discussed ‘nuclear renaissance.’ Our pre-Fukushima ...
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(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 ...
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(MIT CEEPR, 2012-01)Derivative markets are an important tool enabling non‐financial companies to reduce their risk and manage their financing. Effective regulation of these markets can lower companies hedging costs and help improve productivity. ...
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(MIT CEEPR, 2012-01)A ubiquitous and largely unquestioned assumption in studies of housing markets is that there is perfect information about local amenities. This paper measures the housing market and health impacts of 1,600 openings and ...
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(MIT CEEPR, 2012-01)Adaptation is the only strategy that is guaranteed to be part of the world's climate strategy. Using the most comprehensive set of data files ever compiled on mortality and its determinants over the course of the 20th ...
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(MIT CEEPR, 2011-12-01)The United States consumed more petroleum-based liquid fuel per capita than any other OECD- high-income country- 30 percent more than the second-highest country (Canada) and 40 percent more than the third-highest (Luxemburg). ...
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(MIT Center for Energy and Environmental Policy Research, 2011-11)
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(MIT CEEPR, 2011-10)
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