RFF Working Paper Series

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Border Adjustments for Carbon Emissions: Basic Concepts and Design: David Weisbach and Samuel Kortum
Conservation Policies: Who Responds to Price and Who Responds to Prescription?: Casey Wichman, Laura Taylor and Roger von Haefen
On the Importance of Baseline Setting in Carbon Offsets Markets: Antonio Bento, Ravi Kanbur and Benjamin Leard
Strategic Subsidies for Green Goods: Carolyn Fischer
Environmental Protection for Sale: Strategic Green Industrial Policy and Climate Finance: Carolyn Fischer
Turning Rainy Day Oil into Clean Energy Gold: Funding Mission Innovation with a Strengthened Strategic Petroleum Reserve: Heather Ross
Employment and Output Leakage Under California's Cap-And-Trade Program: Wayne Gray, Joshua Linn and Richard D. Morgenstern
The Effect of Owning a Car on Travel Behavior: Evidence from the Beijing License Plate Lottery: Joshua Linn, Jun Yang, Antung A. Liu and Ping Qin
Real Option Value for New Measurements of Cloud Radiative Forcing: Roger Cooke, Alexander Golub, Bruce A. Wielicki, Martin G. Mlynczak, David F. Young and Rosemary R. Baize
Consignment Auctions of Free Emissions Allowances under EPA’s Clean Power Plan: Dallas Burtraw and Kristen McCormack
An Economic Assessment of the Supreme Court’s Stay of the Clean Power Plan and Implications for the Future: Joshua Linn, Dallas Burtraw and Kristen McCormack
Lighting up the last mile: The bene ts and costs of extending electricity to the rural poor: Ujjayant Chakravorty, Kyle Emerick and Majah-Leah Ravago
Price Regulation and Environmental Externalities: Evidence from Methane Leaks: Catherine Hausman and Lucija Muehlenbachs
Environmental Taxation: Roberton Williams
Using Donations to the Green Party to Measure Community Environmentalism: Zhongmin Wang and Cheng Xu
Although economic theory suggests that market size and fuel costs affect fuel-saving technology adoption by vehicle manufacturers, there is very little empirical evidence. We document a strong connection between market size, as measured by a vehicleâ€™s sales, and technology adoption. Using a demographics-driven demand shifter to instrument for market size, we find that a 10 percent increase in market size raises power train efficiency by 0.2 percent, compared with a mean improvement rate of 1.4 percent per year between 1997 and 2013. Higher fuel prices affect technology adoption directly by influencing willingness to pay for fuel cost savings, and indirectly by influencing market size. The results have two implications: policies promoting alternative-fuel vehicles will be less effective than previously thought; and fuel taxes have different effects on technology adoption than do fuel economy standards and feebates: Thomas Klier, Joshua Linn and Yichen Zhou
The Environmental Turn in Natural Resource Economics: John Krutilla and "Conservation Reconsidered": Spencer Banzhaf
Full title How Does Breastfeeding Affect IQ? Applying the Classical Model of Structured Expert Judgment: Abigail Colson, Roger Cooke and Randall Lutter
What Is the Economic Value of Improved Labor Market Outcomes from Infant Nutrition?: The Case of Breastfeeding in the United States: Marc Hafstead and Randall Lutter
Behavioral Economics and Energy Efficiency Regulation: Timothy Brennan
How Much Relevance Does Reality Imply? (Re)Considering the Endowment Effect: Timothy Brennan
Trophy Hunting vs. Manufacturing Energy: The Price-Responsiveness of Shale Gas Abstract: We analyze the relative price elasticity of unconventional versus conventional natural gas extraction. We separately analyze three key stages of gas production: drilling wells, completing wells, and producing natural gas from the completed wells. We find that the important margin is drilling investment, and neither production from existing wells nor completion times respond strongly to prices. We estimate a long-run drilling elasticity of 0.7 for both conventional and unconventional sources. Nonetheless, because unconventional wells produce on average 2.7 times more gas per well than conventional ones, the longrun price responsiveness of supply is almost 3 times larger for unconventional compared to conventional gas: Richard Newell, Brian Prest and Ashley Vissing
Clustered into control: Causal impacts of water infrastructure failure: Jacob LaRiviere, Casey Wichman and Brandon Cunningham
Harnessing Enforcement Leverage at the Border to Minimize Biological Risk from International Live Species Trade: Michael R. Springborn, Amanda Lindsay and Rebecca Epanchin-Niell
Are consumers willing to pay to let cars drive for them? Analyzing response to autonomous vehicles: Ricardo Daziano, Mauricio Sarrias and Benjamin Leard
Preferences for Equality in Environmental Outcomes: Maureen Cropper, Alan Krupnick and William Raich
Does Electricity Storage Innovation Reduce Greenhouse Gas Emissions?: Joshua Linn and Jhih-Shyang Shih
Explaining the Evolution of Passenger Vehicle Miles Traveled in the United States: Benjamin Leard, Joshua Linn and Clayton Munnings
Recreational Leasing of Alaska Commercial Halibut Quota: The First Two Years of the Guided Angler Fish Provision: Kailin Kroetz, Daniel K. Lew and James Sanchirico
Does water scarcity shift the electricity generation mix toward fossil fuels? Empirical evidence from the United States: Jonathan Eyer and Casey Wichman
The Elephant in the Room or the Elephant in the Mousehole? The Legal Risks (and Promise) of Climate Policy under §115 of the Clean Air Act: Nathan Richardson
Adding Quantity Certainty to a Carbon Tax: The Role of a Tax Adjustment Mechanism for Policy Pre-Commitment: Marc Hafstead, Gilbert Metcalf and Roberton Williams
A Model for Shale Gas Wastewater Management: Jhih-Shyang Shih, Elaine Swiedler and Alan Krupnick
The 1,000 GtC Coal Question: Are Cases of High Future Coal Combustion Plausible?: Justin Ritchie and Hadi Dowlatabadi
Transparency, Policy Surveillance, and the Comparison of Mitigation Efforts: Joseph Aldy, William Pizer and Keigo Akimoto
Dynamics in Risk Taking with a Low-Probability Hazard: Andrew Royal
Using a Carbon Tax to Meet US International Climate Pledges: Yunguang Chen and Marc A.C. Hasfstead
Interactions between Climate and Local Air Pollution Policies: The Case of European Passenger Cars: Joshua Linn
Fit for Purpose and Fit for the Future? An Evaluation of the UK’s New Flood Reinsurance Pool: Swenja Surminski
The California Earthquake Authority: Daniel Marshall
A Successful (Yet Somewhat Untested) Case of Disaster Financing: Terrorism Insurance under TRIA, 2002–2020: Erwann Michel-Kerjan and Howard Kunreuther
Florida’s State Wind Pools: Lorilee A. Medders and Jack E. Nicholson
All-Hazards Homeowners Insurance: Challenges and Opportunities: Howard Kunreuther
Defining the Roles of the Public and Private Sector in Risk Communication, Risk Reduction, and Risk Transfer: Carolyn Kousky and Howard Kunreuther
Carbon Tax Competitiveness Concerns: Assessing a Best Practices Carbon Credit: Wayne Gray and Gilbert Metcalf
Private Sector Conservation Investments under the Endangered Species Act: A Guide to Return on Investment Analysis: James Boyd and Rebecca Epanchin-Niell
Social Return on Investment Analysis and Its Applicability to Community Preparedness Activities: Calculating Costs and Returns: Carolyn Kousky, Brett Lingle, Liesel Ritchie and Kathleen Tierney
Evaluating the Learning-by-Doing Theory of Long-Run Oil, Gas, and Coal Economics: Justin Ritchie and Hadi Dowlatabadi
Is the US the New Swing Producer? The Price-Responsiveness of Tight Oil: Richard Newell and Brian Prest
Linking Carbon Markets with Different Initial Conditions: Matt Woerman

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