Environmental Policy, Fuel Prices, and the Switch to Natural Gas in Santiago, Chile

Jessica Coria

RFF Working Paper Series from Resources for the Future

Abstract: In this study, I analyze the role of environmental policies and energy cost savings in the switch to natural gas by stationary sources in Chile. According to the data, most of the switching was induced by the lower cost of natural gas, although environmental policies played a small role and showed that sources were more sensitive to the cost of energy than to environmental regulation.

Keywords: Environmental policy; technological adoption; tradable permits; developing countries (search for similar items in EconPapers)
JEL-codes: O29 O32 O38 Q55 Q58 (search for similar items in EconPapers)
Date: 2008-10-15
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