The effect of deregulation on environmental research by electric utilities

Paroma Sanyal ()

Journal of Regulatory Economics, 2007, vol. 31, issue 3, 335-353

Abstract: This paper analyzes the impact of deregulation and restructuring on public-interest environmental research conducted by electric utilities in the US from 1990 to 2001. I find that deregulation has had a substantial negative impact on such expenditures, which have declined by 40%. However, restructuring has had no significant impact. In addition, the 1990 Clear Air Act Amendments have adversely affected such expenditures, contrary to the positive impact these regulations had on pollution abatement R&D as shown in the literature. Results also suggest that state and firm characteristics and regulator preferences play a strong role in the conduct of such research. Copyright Springer Science+Business Media, LLC 2007

Keywords: Electricity deregulation; Environmental R&D; Clean Air Act; O32; L94; L51 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (28)

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Persistent link: https://EconPapers.repec.org/RePEc:kap:regeco:v:31:y:2007:i:3:p:335-353

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DOI: 10.1007/s11149-007-9023-2

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