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Essays On Environmental Policies Corruption And Energy
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Book Synopsis Essays on Environmental Policies, Corruption, and Energy by : Soham Baksi
Download or read book Essays on Environmental Policies, Corruption, and Energy written by Soham Baksi and published by . This book was released on 2005 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The fourth essay develops formulas for computing the economy-wide energy intensity decline rate by aggregating sectoral energy efficiency improvements, and sectoral shifts in economic activities. The formulas are used to (i) construct plausible scenarios for the global rate of energy intensity decline, and (ii) show the restraining role of the "electricity generation" sector on the energy intensity decline rate." --
Book Synopsis Essays on Environmental Policy in Energy Markets by : Judson Paul Boomhower
Download or read book Essays on Environmental Policy in Energy Markets written by Judson Paul Boomhower and published by . This book was released on 2015 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Producing and consuming energy involves costly environmental externalities, which are addressed through a wide range of public policy interventions. This dissertation examines three economic questions that are important to environmental regulation in energy. The first chapter measures the effect of bankruptcy protection on industry structure and environmental outcomes in oil and gas extraction. The second chapter measures additionality in an appliance replacement rebate program. Finally, the third chapter focuses on the environmental impacts of subsidizing electricity production from forest-derived biomass fuels. The first chapter measures the incentive effect of limited liability. When liability is limited by bankruptcy, theory says that firms will take excessive environmental and public health risks. In the long run, this ``judgment-proof problem'' may increase the share of small producers, even when there are economies of scale. I use quasi-experimental variation in liability exposure to measure the effects of bankruptcy protection on industry structure and environmental outcomes in oil and gas extraction. Using firm-level data on the universe of Texas oil and gas producers, I examine the introduction of an insurance mandate that reduced firms' ability to avoid liability through bankruptcy. The policy was introduced via a quasi-randomized rollout, which allows me to cleanly identify its effects on industry structure. The insurance requirement pushed about 6% of producers out of the market immediately. The exiting firms were primarily small and were more likely to have poor environmental records. Among firms that remained in business, the bond requirement reduced oil production among the smallest 80% of firms by about 4% on average, which is consistent with increased internalization of environmental costs. Production by the largest 20% of firms, which account for the majority of total production, was unaffected. Finally, environmental outcomes, including those related to groundwater contamination, also improved sharply. These results suggest that incomplete internalization of environmental and safety costs due to bankruptcy protection is an important determinant of industry structure and safety effort in hazardous industries, with significant welfare consequences. The second chapter focuses on the importance of a regulator's inability to distinguish between households responding to a subsidy, and households doing what they would also have done in the absence of policy. Economists have long argued that many recipients of energy-efficiency subsidies may be ``non-additional, '' getting paid to do what they would have done anyway. Demonstrating this empirically has been difficult, however, because of endogeneity concerns and other challenges. In this paper we use a regression discontinuity analysis to examine participation in a large-scale residential energy-efficiency program. Comparing behavior just on either side of several eligibility thresholds, we find that program participation increases with larger subsidy amounts, but that most households would have participated even with much lower subsidy amounts. The large fraction of inframarginal participants means that the larger subsidy amounts are almost certainly not cost-effective. Moreover, the results imply that about half of all participants would have adopted the energy-efficient technology even with no subsidy whatsoever. Finally, the third chapter addresses consequences of renewable energy subsidies in other markets. Electricity generated from logging residues provides a large and growing share of US renewable electricity generation. Much of the low-value wood used by biomass power plants might otherwise be left in the field. This increased harvest can negatively affect forest health. I investigate the supply of woody biomass fuel in Maine using a 15-year panel of prices and quantities for whole tree wood chips. I find that doubling the price of woody biomass increases harvest by about 64%. I also find that coal prices are a major determinant of woody biomass harvest. This suggests that environmental policies that raise the price of coal will affect forest health.
Book Synopsis Short Circuiting Policy by : Leah Cardamore Stokes
Download or read book Short Circuiting Policy written by Leah Cardamore Stokes and published by Oxford University Press. This book was released on 2020-03-18 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1999, Texas passed a landmark clean energy law, beginning a groundswell of new policies that promised to make the US a world leader in renewable energy. As Leah Stokes shows in Short Circuiting Policy, however, that policy did not lead to momentum in Texas, which failed to implement its solar laws or clean up its electricity system. Examining clean energy laws in Texas, Kansas, Arizona, and Ohio over a thirty-year time frame, Stokes argues that organized combat between advocate and opponent interest groups is central to explaining why states are not on track to address the climate crisis. She tells the political history of our energy institutions, explaining how fossil fuel companies and electric utilities have promoted climate denial and delay. Stokes further explains the limits of policy feedback theory, showing the ways that interest groups drive retrenchment through lobbying, public opinion, political parties and the courts. More than a history of renewable energy policy in modern America, Short Circuiting Policy offers a bold new argument about how the policy process works, and why seeming victories can turn into losses when the opposition has enough resources to roll back laws.
Book Synopsis Labor Unions, Corruption, and Electric Vehicles by : Jing Qian
Download or read book Labor Unions, Corruption, and Electric Vehicles written by Jing Qian and published by . This book was released on 2019 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government intervention can lead to second-best economic outcomes when market failures occur. However, too much government intervention may result in lower social welfare. The first essay evaluates the welfare consequences of the regulation of labor markets. In the past five decades, there has been a trend of production base moving to the south instead of clustering in the union-heavy Midwest. Many foreign automakers operated their assembly plants in the southern right to work (RTW) states allowing them to hire non-union workers. However, due to the historical relationship between unions and the Big Three (Ford, General Motors, Chrysler), the Big Three have to pay higher labor costs wherever they produce. Through a hedonic analysis, we first demonstrate that unions increase automakers' manufacturing costs. We then set up and estimate a market equilibrium model to quantify the impacts of unions on prices, costs, and market shares. Counterfactual analysis shows that labor unions led to a $0.83 billion loss in consumer surplus, a $0.21 billion loss in firm profits, and a $0.2 billion gain in union workers, resulting in a $0.84 billion loss in social welfare. The second essay examines the welfare consequences of policies aimed at reducing environmental damage and energy consumption. China has become the world's largest market for electric vehicles (EVs) since 2015 and the government promotes the technology aggressively by providing large subsidies for EV buyers. The amount of subsidy is based on the driving range instead of the battery capacity as in the U.S. This paper evaluates the impacts of the subsidy program using detailed vehicle registration data in China from 2010 to 2015 and a household survey of vehicle ownership. I develop and estimate a market equilibrium model for China's automobile market in which the demand side consists of a random coefficient discrete choice model and the supply side characterizes automakers' pricing decisions under the government subsidy program. The estimation suggests that while the subsidy program in 2015 contributed to 94 percent of EV sales in large cities, the program favored small and low-quality EV models that consumers do not value and led to a $2.88 billion loss in social welfare. The hypothetical subsidy program based on the battery capacity would have led to a $0.62 billion increase in consumer surplus and a $0.2 billion increase in social welfare compared with the subsidy program. The third essay uses the recent anti-corruption campaign as a natural experiment to examine the effect of anti-corruption campaigns on economic activities. First, we propose a novel measure of anti-corruption intensity at the city level based on the percentage reductions in the city's revenue share of expensive restaurants after the issuance of Eight-Point Regulations on December 4, 2012. Second, using the city-level anti-corruption intensity measures, we investigate its relationship with economic activities, particularly, city-level GDP growth, number and size (measured by registered capital) of new firms registered in different industries, the exit rate of existing firms, existing firm revenue, and industry revenue. We find that the anti-corruption intensity index in a city is not correlated with the city's.
Book Synopsis Power and Privilege by : René B. Azurin
Download or read book Power and Privilege written by René B. Azurin and published by Anvil Publishing, Inc.. This book was released on 2017-11-09 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book of essays, veteran Filipino journalist Rene Azurin tries to bring to bear elements of history, political and economic theory and philosophy on public issues in an effort to extend the perspective of the reader beyond the narrow confines of his own particular interest group and into the economy at large and society in general, so that more Filipino citizens will have a better understanding of what public policies will best serve the general welfare.
Book Synopsis How to Avoid a Climate Disaster by : Bill Gates
Download or read book How to Avoid a Climate Disaster written by Bill Gates and published by Vintage. This book was released on 2021-02-16 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 NEW YORK TIMES BEST SELLER • In this urgent, authoritative book, Bill Gates sets out a wide-ranging, practical—and accessible—plan for how the world can get to zero greenhouse gas emissions in time to avoid a climate catastrophe. Bill Gates has spent a decade investigating the causes and effects of climate change. With the help of experts in the fields of physics, chemistry, biology, engineering, political science, and finance, he has focused on what must be done in order to stop the planet's slide to certain environmental disaster. In this book, he not only explains why we need to work toward net-zero emissions of greenhouse gases, but also details what we need to do to achieve this profoundly important goal. He gives us a clear-eyed description of the challenges we face. Drawing on his understanding of innovation and what it takes to get new ideas into the market, he describes the areas in which technology is already helping to reduce emissions, where and how the current technology can be made to function more effectively, where breakthrough technologies are needed, and who is working on these essential innovations. Finally, he lays out a concrete, practical plan for achieving the goal of zero emissions—suggesting not only policies that governments should adopt, but what we as individuals can do to keep our government, our employers, and ourselves accountable in this crucial enterprise. As Bill Gates makes clear, achieving zero emissions will not be simple or easy to do, but if we follow the plan he sets out here, it is a goal firmly within our reach.
Book Synopsis Environmental Kuznets Curve (EKC) by : Burcu Özcan
Download or read book Environmental Kuznets Curve (EKC) written by Burcu Özcan and published by Academic Press. This book was released on 2019-05-13 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental Kuznets Curve (EKC): A Manual provides a comprehensive summary of the EKC, summarizing work on this economic tool that can analyze environmental pollution problems. By enabling users to reconcile environmental and economic development policies, Environmental Kuznets Curve studies lend themselves to the investigation of the energy-growth and finance-energy nexus. The book obviates a dependence on outmoded tools, such as carrying capacity, externalities, ecosystem valuation and cost benefit analysis, while also encouraging flexible approaches to a variety of challenges. Provides a comprehensive summary of EKC studies, including advances in econometrics, literature reviews and historical perspectives Outlines solutions to common problems in applying EKC techniques by reviewing major case studies Explores frequently-utilized proxies for environmental quality
Book Synopsis Dissertation Abstracts International by :
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2009-04 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Our Common Future written by and published by . This book was released on 1990 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Environmental and Energy Policy and the Economy by : Matthew J. Kotchen
Download or read book Environmental and Energy Policy and the Economy written by Matthew J. Kotchen and published by University of Chicago Press. This book was released on 2022-01-24 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents six new papers on environmental and energy economics and policy in the United States. Rebecca Davis, J. Scott Holladay, and Charles Sims analyze recent trends in and forecasts of coal-fired power plant retirements with and without new climate policy. Severin Borenstein and James Bushnell examine the efficiency of pricing for electricity, natural gas, and gasoline. James Archsmith, Erich Muehlegger, and David Rapson provide a prospective analysis of future pathways for electric vehicle adoption. Kenneth Gillingham considers the consequences of such pathways for the design of fuel vehicle economy standards. Frank Wolak investigates the long-term resource adequacy in wholesale electricity markets with significant intermittent renewables. Finally, Barbara Annicchiarico, Stefano Carattini, Carolyn Fischer, and Garth Heutel review the state of research on the interactions between business cycles and environmental policy.
Book Synopsis Environmental Regulation by : John F. McEldowney
Download or read book Environmental Regulation written by John F. McEldowney and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Featuring an original introduction by the editors, this important collection of essays explores the main issues surrounding the regulation of the environment. The expert contributors illustrate that regulating the environment in the UK is conceptually complex, involves a diverse range of institutions, techniques and methodologies and crosses geographical and national boundaries. In the USA it is more formalised, juridical, adversarial and formally dependent upon legal rules. The articles highlight the fact that despite differences in the UK and the USA's regulatory styles, environmental regulation today has much in common with both traditions.
Book Synopsis The Fracking Debate by : Daniel Raimi
Download or read book The Fracking Debate written by Daniel Raimi and published by Center on Global Energy Policy. This book was released on 2019-08-20 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate provides the evidence and context that have so frequently been missing from discussion of the future of oil and gas production.
Book Synopsis Crude Volatility by : Robert McNally
Download or read book Crude Volatility written by Robert McNally and published by Columbia University Press. This book was released on 2017-01-17 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years—wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.
Book Synopsis Greed, Corruption, and the Modern State by : Susan Rose-Ackerman
Download or read book Greed, Corruption, and the Modern State written by Susan Rose-Ackerman and published by Edward Elgar Publishing. This book was released on 2015-09-25 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: What makes the control of corruption so difficult and contested? Drawing on the insights of political science, economics and law, the expert contributors to this book offer diverse perspectives. One group of chapters explores the nature of corruption in democracies and autocracies, and “reforms” that are mere facades. Other contributions examine corruption in infrastructure, tax collection, cross-border trade, and military procurement. Case studies from various regions – such as China, Peru, South Africa and New York City – anchor the analysis with real-world situations. The book pays particular attention to corruption involving international business and the domestic regulation of foreign bribery.
Book Synopsis Energy Investments and the Environment by : Corazon M. Siddayao
Download or read book Energy Investments and the Environment written by Corazon M. Siddayao and published by World Bank Publications. This book was released on 1993-01-01 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume shows how to develop new energy sources in ways that are less damaging to the environment than previous practices have been. Contributors to the compilation discuss how developing countries can: identify the most important environmental issues for their energy investments measure the costs and benefits, including environmental considerations, of sustainable energy development incorporate macroeconomic and institutional issues into energy planning. The editors highlight the institutional barriers to energy development planning that takes into consideration the environmental effects. They outline typical environmental impacts of renewable energy systems and provide an overview of applicable technologies. The report also discusses environmental policy in the production and consumption of oil and gas, with a review of pollution standards and control. And one section explores issues concerning greenhouse gases, such as how to apply controls fairly. These technical materials are a product of the program on energy policy and planning of the World Bank's Economic Development Institute. This volume will help policymakers and planners identify environmental issues in energy investments.
Book Synopsis Scarcity and Growth Revisited by : R. David Professor Simpson
Download or read book Scarcity and Growth Revisited written by R. David Professor Simpson and published by Routledge. This book was released on 2012-05-23 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, a group of distinguished international scholars provides a fresh investigation of the most fundamental issues involved in our dependence on natural resources. In Scarcity and Growth (RFF, 1963) and Scarcity and Growth Reconsidered (RFF, 1979), researchers considered the long-term implications of resource scarcity for economic growth and human well-being. Scarcity and Growth Revisited examines these implications with 25 years of new learning and experience. It finds that concerns about resource scarcity have changed in essential ways. In contrast with the earlier preoccupation with the adequacy of fuel, mineral, and agricultural resources and the efficiency by which they are allocated, the greatest concern today is about the Earth‘s limited capacity to handle the environmental consequences of resource extraction and use. Opinion among scholars is divided on the ability of technological innovation to ameliorate this 'new scarcity.' However, even the book‘s more optimistic authors agree that the problems will not be successfully overcome without significant advances in the legal, financial, and other social institutions that protect the environment and support technical innovation. Scarcity and Growth Revisited incorporates expert perspectives from the physical and life sciences, as well as economics. It includes issues confronting the developing world as well as industrialized societies. The book begins with a review of the debate about scarcity and economic growth and a review of current assessments of natural resource availability and consumption. The twelve chapters that follow provide an accessible, lively, and authoritative update to an enduring-but changing-debate.
Book Synopsis Environmental Justice and Oil Pollution Laws by : Eloamaka Carol Okonkwo
Download or read book Environmental Justice and Oil Pollution Laws written by Eloamaka Carol Okonkwo and published by Routledge. This book was released on 2020-02-13 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the relationship between oil pollution laws and environmental justice by comparing and contrasting the United States and Nigeria. Critically, this book not only examines the fluidity of oil pollutions laws but also how effective or ineffective enforcement can be when viewed through the lens of environmental justice. Using Nigeria as a case study and drawing upon examples from the United States, it examines the legal and institutional challenges impacting upon the effective enforcement of laws and provides a contrasting view of developed and developing countries. Focusing on the oil and gas industry, the book discusses the laws and international acceptable standards (IAS) in these industries, the principles behind their application, the existing barriers to their effective implementation, and how to overcome those barriers. Utilising an environmental justice framework, the book demonstrates the synergy between policy-making, human rights, and justice in oil-producing regions as well as addressing the importance of protecting the rights of minorities. Through a comparative analysis of the United States and Nigeria, this book draws out enforcement approaches and mechanisms for tackling oil-related pollution with a view to reducing environmental injustice in developing countries. Examining the role of NGOs in pursuing environmental justice matters, the book showed the regional courts as one avenue of overcoming the enforcement challenges faced by the developing countries. This book will be of great interest to students and scholars of environmental law, environmental justice, minorities' rights, business and human rights, energy law, and natural resource governance.
