Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2017.03.050 |
A dynamic approach to environmental compliance decisions in US Electricity Market: The Acid Rain Program revisited | |
Hancevic, Pedro Ignacio | |
2017-07-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 106 |
文章类型 | Article |
语种 | 英语 |
国家 | Mexico |
英文摘要 | The Acid Rain Program (ARP) was implemented in 1995. Since then, coal-fired boilers have had to choose among three main compliance alternatives: purchase pollution permits; switch to an alternative lower-sulfur coal; or adopt a scrubber. This decision problem is driven by the evolution of several economic variables and is revised when significant changes (to prices, quality of inputs, output level, technology, transport costs, regulations, among others) occur. Using a structural dynamic discrete choice model, I recover cost parameters and use them to evaluate two different counterfactual policies. The results confirm there is a trade-off between fuel switching and scrubbing costs (with the latter having a higher investment cost and a lower variable cost), and also the existence of regional heterogeneity. Finally, the ARP implied cost savings of approximately $4.7 billions if compared to a uniform emission rate standard and $14.8 billions if compared to compulsory scrubbing for the 1995-2005 period. |
英文关键词 | Scrubbers Fuel switching Coal-fired boilers Sulfur dioxide emissions Dynamic discrete choice |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000402343600014 |
WOS关键词 | DISCRETE-CHOICE MODELS ; EMPIRICAL-EVIDENCE |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/16913 |
专题 | 气候变化 |
作者单位 | Ctr Invest & Docencia Econ, Mexico City, DF, Mexico |
推荐引用方式 GB/T 7714 | Hancevic, Pedro Ignacio. A dynamic approach to environmental compliance decisions in US Electricity Market: The Acid Rain Program revisited[J]. ENERGY POLICY,2017,106. |
APA | Hancevic, Pedro Ignacio.(2017).A dynamic approach to environmental compliance decisions in US Electricity Market: The Acid Rain Program revisited.ENERGY POLICY,106. |
MLA | Hancevic, Pedro Ignacio."A dynamic approach to environmental compliance decisions in US Electricity Market: The Acid Rain Program revisited".ENERGY POLICY 106(2017). |
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