Vintage differentiated regulations and plant survival: Evidence from coal-fired plants

Daniel Coysh, Nick Johnstone, Tomasz Kozluk, Daniel Nachtigall and Miguel Cárdenas Rodríguez
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Daniel Nachtigall: OECD

No 144, OECD Environment Working Papers from OECD Publishing

Abstract: This paper assesses the effect of environmental regulations on plant survival and emissions using data on the extent of vintage differentiation of regulations (VDR5) regarding air pollution emission limit values for existing and new coal-fired power plants. Focussing on NOx and SOx emissions, the paper applies survival analysis techniques on a sample of generating units across 31 OECD and non-member countries between 1962 and 2012.

Keywords: air pollution; coal powered plants; emission limit values; environmental policies; exit; Vintage differentiated regulation (search for similar items in EconPapers)
JEL-codes: Q48 Q50 Q53 Q58 (search for similar items in EconPapers)
Date: 2019-03-05
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:oec:envaaa:144-en

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