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Changes in Analytical Perspectives across Administrations Downloads
Art Fraas and Richard Morgenstern
Assessing the Design of Three Pilot Programs for Carbon Trading in China Downloads
Clayton Munnings, Richard Morgenstern, Zhongmin Wang and Xu Liu
Pricing Flood Insurance: How and Why the NFIP Differs from a Private Insurance Company Downloads
Carolyn Kousky and Leonard Shabman
Canada–Renewable Energy: Implications for WTO Law on Green and Not-So-Green Subsidies Downloads
Steve Charnovitz and Carolyn Fischer
A Microsimulation Model of the Distributional Impacts of Climate Policies Downloads
Hal Gordon, Dallas Burtraw and Roberton Williams
Understanding Flood Risk Decisionmaking: Implications for Flood Risk Communication Program Design Downloads
Carolyn Kousky and Leonard Shabman
Environmental and Economic Impacts of Growing Certified Organic Coffee in Colombia Downloads
Marcela Ibanez and Allen Blackman
EPA’s New Source Review Program: Evidence on Processing Time, 2002–2014 Downloads
Art Fraas, Mike Neuner and Peter Vail
Refunding Emissions Payments Downloads
Cathrine Hagem, Michael Hoel, Bjart Holtsmark and Thomas Sterner
Egregiousness and Boycott Intensity: Evidence from the BP Deepwater Horizon Oil Spill Downloads
Zhongmin Wang, Alvin Lee and Michael Polonsky
Can Benchmarking and Disclosure Laws Provide Incentives for Energy Efficiency Improvements in Buildings? Downloads
Karen Palmer and Margaret Walls
Energy Benchmarking and Disclosure: Summary of a Workshop on City Experiences, Market Impacts, and Program Evaluation Downloads
O'Keeffe, Lucy, Karen Palmer, Margaret Walls and Kristin Hayes
Does Information Provision Shrink the Energy Efficiency Gap? A Cross-City Comparison of Commercial Building Benchmarking and Disclosure Laws Downloads
Karen Palmer and Margaret Walls
Putting a Carbon Charge on Federal Coal: Legal and Economic Issues Downloads
Alan Krupnick, Joel Darmstadter, Nathan Richardson and Katrina McLaughlin
The Bioeconomics of Spatial-Dynamic Systems in Natural Resource Management Downloads
Kailin Kroetz and James Sanchirico
A Primer on Comprehensive Policy Options for States to Comply with the Clean Power Plan Downloads
Karen Palmer and Anthony Paul
New Markets for Pollution and Energy Efficiency: Credit Trading under Automobile Greenhouse Gas and Fuel Economy StandardsAbstract: Recent changes to the Corporate Average Fuel Economy (CAFE) standards have created new opportunities for lowering the cost of meeting strict new standards through provisions for credit banking and trading. In this paper, we explore these new markets for reductions in both fuel consumption (fuel economy) and greenhouse gases (GHGs). We examine the two separate credits markets for fuel economy as regulated by NHTSA and for GHG gases under EPA and find that there are some important differences between them. For example, the market for NHTSA fuel economy credits has an effective credit price ceiling while the market for EPA GHG credits does not. We then evaluate the functionality of these markets using publicly available data on credit holdings and trades through 2013. Finally, we assess the potential for the following to interfere with well-functioning markets: overlapping regulations, lack of additionality, thin markets, and use of monopoly power. We find that features of robust trading markets are missing in these early years, and suggest reasons why. We also explore the implications of the fact that the two regulations are almost fully overlapping Downloads
Benjamin Leard and Virginia McConnell
Comparing Policies to Confront Permit Over-allocation Downloads
Harrison Fell
Benefits of Invasion Prevention are Constrained by Lags and Timing of Invasion Impacts Downloads
Rebecca S. Epanchin-Niell and Andrew M. Liebhold
Weather, Traffic Accidents, and Climate Change Downloads
Benjamin Leard and Kevin Roth
The Dynamics of Pollution Permits Downloads
Makoto Hasegawa and Stephen Salant
A Contingent Valuation Approach to Estimating Regulatory Costs: Mexico’s Day Without Driving Program Downloads
Allen Blackman, Francisco Alpizar Rodriguez, Fredrik Carlsson and Marisol Rivera Planter
Ex Post Costs and Renewable Identification Number (RIN) Prices under the Renewable Fuel Standard Downloads
Gabriel Lade, C.-Y. Cynthia Lin Lawell and Aaron Smith
A Retrospective Study of EPA’s Air Toxics Program under the Revised Section 112 Requirements of the Clean Air Act Downloads
Art Fraas and Alex Egorenkov
How Effective Are Federal Food Safety Regulations? The Case of Eggs and Salmonella Enteritidis Downloads
Randall Lutter
The Net Benefits of the Acid Rain Program: What Can We Learn from the Grand Policy Experiment? Downloads
Hei Sing Chan, B. Andrew Chupp, Maureen Cropper and Nicholas Muller
Multimedia Pollution Regulation and Environmental Performance: EPA’s Cluster Rule Downloads
Wayne Gray and Ron Shadbegian
Identifying the Impacts of Critical Habitat Designation on Land Cover Change Downloads
Erik Nelson, John C. Withey, Derric Pennington and Joshua J. Lawler
Sectoral Offsets in the Mexican Oil and Gas Industry: Developing a Credible Baseline via Econometric Methods Downloads
Richard Morgenstern, Alexander Egorenkov and Daniel Velez-Lopez
Price and Quantity “Collars” for Stabilizing Emissions Allowance Prices: An Experimental Analysis of the EU ETS Market Stability Reserve Downloads
Charles Holt and William Shobe
What Ails the European Union's Emissions Trading System? Two Diagnoses Calling for Different Treatments Downloads
Stephen Salant
State and Regional Comprehensive Carbon Pricing and Greenhouse Gas Regulation in the Power Sector under EPA’s Clean Power Plan: Workshop Summary Downloads
Dallas Burtraw, James Bushnell and Clayton Munnings
A natural outcome of the emerging pledge and review approach to international climate change policy is the interest in comparing mitigation efforts among countries. Domestic publics and stakeholders will have an interest in knowing if peer countries are undertaking (or planning to undertake) comparable efforts in mitigating their greenhouse gas emissions. Moreover, if the aggregate efforts are considered inadequate in addressing the risks posed by climate change, then this will likely prompt a broader interest in identifying those countries where greater efforts are arguably warranted based on comparison with their peers. Both assessments require metrics of efforts and comparisons among countries. We propose a framework for such an exercise, drawing from a set of principles for designing and implementing informative metrics. We present a template for organizing metrics on mitigation efforts, for both ex ante and ex post review. We also provide preliminary assessments of efforts along emissions, price, and cost metrics for post-2020 climate policy contributions by China, the European Union, Russia, and the United States. We close with a discussion of the role of academics and civil society in promoting transparency and facilitating the evaluation and comparison of efforts Downloads
Joseph Aldy, William A. Pizer and Keigo Akimoto
Nutrient Assimilation Services for Water Quality Credit Trading Programs Downloads
Kurt Stephenson and Leonard Shabman
Putting Information into Action: What Explains Follow-up on Home Energy Audits? Downloads
Karen Palmer, Margaret Walls and O'Keeffe, Lucy
Information Provision and Consumer Behavior: A Natural Experiment in Billing Frequency Downloads
Casey Wichman
Information Provision and Consumer Behavior: A Natural Experiment in Billing Frequency Downloads
Casey Wichman
Does Eco-certification Stem Tropical Deforestation? Forest Stewardship Council Certification in Mexico Downloads
Allen Blackman, Leonard Goff and Marisol Rivera Planter
The Effects of a Federal Tax Reform on the US Timber Sector Downloads
Roger Sedjo and Brent Sohngen
Best Available Science and Imperiled Species Conservation: Challenges, Opportunities, and Partnerships Downloads
James Boyd and Rebecca Epanchin-Niell
Ecosystem Services Indicators: Improving the Linkage between Biophysical and Economic Analyses Downloads
James Boyd, Paul Ringold, Alan Krupnick, Robert Johnston, Matthew A. Weber and Kim Hall
The Environmental Effects of Clean Energy Innovations under Rate-Based Regulation Downloads
Joshua Linn and John Horowitz
The Net Emissions Impact of HFC-23 Offset Projects from the Clean Development Mechanism Downloads
Clayton Munnings, Benjamin Leard and Antonio Bento
Household Location Decisions and the Value of Climate Amenities Downloads
Paramita Sinha and Maureen Cropper
WTO Law Constraints on Border Tax Adjustment and Tax Credit Mechanisms to Reduce the Competitive Effects of Carbon Taxes Downloads
Joel P. Trachtman
Fuel Prices, New Vehicle Fuel Economy, and Implications for Attribute-Based Standards Downloads
Benjamin Leard, Joshua Linn and Virginia McConnell
The Clean Power Plan and the “Future-Ready” Utility Downloads
Joseph Kruger
Frameworks for Evaluating Policy Approaches to Address the Competitiveness Concerns of Mitigating Greenhouse Gas Emissions Downloads
Joseph Aldy
Harmonizing the Electricity Sectors across North America: Recommendations and Action Items from Two RFF/US Department of Energy Workshops Downloads
Alan Krupnick, Daniel Shawhan and Kristin Heyes
Incentives, Green Preferences, and Private Provision of Impure Public Goods Downloads
Casey Wichman
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