Browsing Center for Energy and Environmental Policy Research by Title
Now showing items 120-139 of 334
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Fat Tails, Thin Tails, and Climate Change Policy
(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 ... -
Financing a National Transmission Grid: What Are the Issues?
(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 ... -
First evidence of asymmetric cost pass-through of Eu emissions allowances : examining wholesale electricity prices in Germany
(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 ... -
The first oil price explosion 1971-1974
(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 ... -
Forward trading and collusion in oligopoly
(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 ... -
Forward trading and collusion in oligopoly
(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 ... -
Forward trading in exhaustible-resource oligopoly
(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 ... -
Fuel costs and the retirement of capital goods
(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 ... -
Fuel Prices and New Vehicle Fuel Economy in Europe
(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 ... -
The Future of Nuclear Power After Fukushima
(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 ... -
The future of nuclear power in the United States : economic and regulatory challenges
(MIT Center for Energy and Environmental Policy Research, 2006)This paper examines the economic and regulatory challenges that must be faced by potential investors in new nuclear power plants in the United States. The historical development of the existing fleet of over 100 nuclear ... -
Gas Balancing Rules Must Take into account the Trade-off between Offering Pipeline Transport and Pipeline Flexibility in Liberalized Gas Markets
(MIT Center for Energy and Environmental Policy Research, 2010-09)This paper analyses the value and cost of line-pack flexibility in liberalized gas markets through the examination of the techno-economic characteristics of gas transport pipelines and the trade-offs between the different ... -
Gasoline price spikes and regional gasoline context regulations : a structural approach
(MIT Center for Energy and Environmental Policy Research, 2004)Since 1999, gasoline prices in California, Illinois and Wisconsin have spiked occasionally well above gasoline prices in nearby states. In May and June 2000, for example, gasoline prices in Chicago rose twenty eight cents ... -
Gasoline Prices, Fuel Economy, and the Energy Paradox
(MIT Center for Energy and Environmental Research Policy, 2010-03)It is often asserted that consumers purchasing automobiles or other goods and services underweight the costs of gasoline or other "add-ons." We test this hypothesis in the US automobile market by examining the effects of ... -
A general equilibrium analysis of the effects of carbon emission restrictions on economic growth in a developing country
(MIT Center for Energy and Environmental Policy Research, 1990)A general equilibrium approach, in the form of a multisector, intertemporal programming model, is used to analyze the effects on the growth of the Egyptian economy of carbon emissions constraints that differ across sectors ... -
The geographic expanse of the market for wholesale electricity
(MIT Center for Energy and Environmental Policy Research, 1998)This paper exploits a large mine-level database to contribute to our understanding of the micro-sources of productivity growth. The database contains observations for labor input and coal output at every mine in the United ... -
Global warming : a public finance perspective
(MIT Center for Energy and Environmental Policy Research, 1993) -
Grandfathering and the Endowment Effect An Assessment in the context of the Spanish National Allocation Plan
(2008)In this paper, we test the Coase theorem in the context of carbon emissions trading. We investigate whether generating firms were influenced in their operational decisions by the initial amount of grandfathered emissions ... -
Greenhouse policy architectures and institutions
(MIT Center for Energy and Environmental Policy Research, 1996) -
Growth and welfare losses from carbon emissions restrictions : a general equilibrium analysis for Egypt
(MIT Center for Energy and Environmental Policy Research, 1992)This paper is an assessment for a particular country, Egypt, of the economic effects, under various conditions, of carbon emission restrictions. Like other work, it is an exemplification of some of the economic possibilities. ...
