scholarly journals The impact of carbon taxes or allowances on the electric generation market in the Ohio and ECAR region

1998 ◽  
Author(s):  
S.W. Hadley
2018 ◽  
Vol 10 (2) ◽  
pp. 134 ◽  
Author(s):  
Cesar Revoredo-Giha ◽  
Neil Chalmers ◽  
Faical Akaichi

2007 ◽  
Vol 97 (4) ◽  
pp. 1250-1277 ◽  
Author(s):  
Kira R Fabrizio ◽  
Nancy L Rose ◽  
Catherine D Wolfram

While neoclassical models assume static cost-minimization by firms, agency models suggest that firms may not minimize costs in less-competitive or regulated environments. We test this using a transition from cost-of-service regulation to market-oriented environments for many US electric generating plants. Our estimates of input demand suggest that publicly owned plants, whose owners were largely insulated from these reforms, experienced the smallest efficiency gains, while investor-owned plants in states that restructured their wholesale electricity markets improved the most. The results suggest modest medium-term efficiency benefits from replacing regulated monopoly with a market-based industry structure. (JEL D24, L11, L51, L94, L98)


2015 ◽  
Vol 12 (2) ◽  
pp. 128-134
Author(s):  
Suren Pillay ◽  
Pieter Buys

Socially responsible corporate governance is an essential aspect of the contemporary corporate environment, and then especially in ensuring continuous sustainable development within a South African context. As such, it also encompasses broad environmentally focused aspects. The motor vehicle manufacturing industry in South Africa was among the first to be faced with the implementation of carbon taxes. This paper explores the policy decision to implement the carbon tax within the context of socially responsible governance in the motor vehicle manufacturing industry. The research methodology applied incorporates both review of supporting literature and an exploratory empirical case study. The research suggests that the industry is cognizant of the importance of environmental damage costs and their responsibility therein, while also indicating that corporate social investment in this industry was non-responsive to the implementation to carbon tax. The results also suggest that the current carbon tax rate may be adequately priced and is an effective instrument in lowering greenhouse gas emissions


1970 ◽  
Vol 3 (1) ◽  
Author(s):  
Shreekant Gupta

Whereas scientific evidence points towards substantial and urgent reduction in greenhouses gas (GHG) emissions, economic analysis of climate change seems to be out of sync by indicating a more gradual approach. In particular, economic models that use benefit cost analysis, namely, integrated assessment models (IAMs) have been criticised for being conservative in their recommendations on the speed of reducing GHG emissions and the associated levels of carbon taxes. This essay focuses on a prototypical IAM, namely, Nordhaus’ DICE model to argue the schism between science and economics is more apparent than real. Analysis of the DICE model suggests extreme climate scenarios can be captured through alternative specifications of the damage function (the impact of temperature on the economy). In particular, damage functions that extend the standard quadratic representation are highly convex (Weitzman 2012). Thus, they are able to capture climate tipping points as well as “fat tail” risks originating from uncertainty with regard to equilibrium climate sensitivity.


Complexity ◽  
2020 ◽  
Vol 2020 ◽  
pp. 1-12 ◽  
Author(s):  
Lixia Liu ◽  
Yuchao Zhu ◽  
Shubing Guo

Encouraging the adoption and diffusion of low-carbon agricultural technology innovation is an important measure to cope with climate change, reduce environmental pollution, and achieve sustainable agricultural development. Based on evolutionary game theory, this paper establishes a game model among agricultural enterprises, government, and farmers and analyzes the dynamic evolutionary process and evolutionary stable strategies of the major stakeholders. The impact of innovation subsidies, carbon taxes, and adoption subsidies on low-carbon agricultural innovation diffusion is simulated using Matlab software. The results show that the government’s reasonable subsidies and carbon taxes for agricultural enterprises and farmers can increase the enthusiasm of agricultural enterprises and farmers to participate in low-carbon agriculture. This study can be used as a basis for the government to formulate more targeted policies to promote the diffusion of low-carbon agricultural innovation.


2012 ◽  
Vol 524-527 ◽  
pp. 2420-2424 ◽  
Author(s):  
Zhe Zhou ◽  
Pei Liu ◽  
Jian Yun Zhang ◽  
Zheng Li

Distributed energy systems can play an essential role in providing energy with substantial environmental and other benefits. This paper presents a multi-objective optimization model for the planning of distributed energy systems, aiming at simultaneous minimization of the total annual cost and greenhouse gas emissions. The impact of carbon tax rates on the optimal configuration and performance of a distributed energy system is evaluated based on the optimization model. A review of international policies on carbon taxes is performed for estimation of future carbon tax rates in China. Results show that the potential carbon tax in the future may not have significant impacts on the optimal configuration of a distributed energy system.


Energies ◽  
2021 ◽  
Vol 14 (7) ◽  
pp. 1986
Author(s):  
Katsuyuki Nakano ◽  
Ken Yamagishi

The introduction or strengthening of a carbon tax is being considered in many countries as an economic policy instrument to reduce greenhouse gas (GHG) emissions. However, there is no study analyzing the impact of a carbon tax increase in a uniform method for various products, reflecting the energy taxes and exemptions. Therefore, this study analyzes the price changes of products associated with the introduction of a stronger carbon tax, using Japan as an example. A process-based life cycle assessment database was used to enable a detailed product-level analysis. Five scenarios with different taxation amounts and methods were analyzed. The results show that price changes vary greatly by industry sector and product, even within the same industry sector. For example, seasonal vegetables and recycled plastics are less affected by carbon tax increases. Imported products, such as primary aluminum, are not affected by the Japanese carbon tax change, indicating a risk of carbon leakage. If GHGs other than CO2 are also taxed, the price of CH4 and N2O emitting products, such as rice and beef, would rise significantly. The method presented in this paper enables companies to assume price changes in procured products due to carbon taxes and policymakers to analyze the impact of such taxes on products.


2019 ◽  
Vol 26 (32) ◽  
pp. 33236-33259 ◽  
Author(s):  
Maiara de Oliveira Noronha ◽  
Roselaine Ruviaro Zanini ◽  
Adriano Mendonça Souza

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