Climate Change Economics

LOWERING CARBON INTENSITIES, NOT STANDARDS OF LIVING

 
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Climate Change Library

Energy Costs

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Aligning Utility Incentives with Investment in Energy Efficiency

This report addresses the policy dilemma of regulating utilities to permit them to generate profits while also encouraging them to cooperate with energy conservation efforts that reduce the amount of energy they sell. Aligning the financial incentives of utilities with the delivery of cost-effective energy efficiency supports the key role utilities ...
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U.S. Department of Energy and Environmental Protection Agency
Washington, DC: U.S. Department of Energy and U.S. Environmental Protection Agency: November 2007For Economists|For Specialized Analysts|For the Public

Analytical General Equilibrium Effects of Energy Policy on Output and Factor Prices

This paper models the effect of energy policy on households in the US economy.Abstract:Using an analytical general equilibrium model, we find closed form solutions for the effect of energy policy on factor prices and output prices. We calibrate the model to the US economy, and we consider a tax on carbon. By looking at expenditure and income patter ...
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Don Fullerton, Garth Heutel
National Bureau of Economic Research, Cambridge, MA: February 2010.
Objectives: Theoretical Modeling,Policies & Legislation
Geographic Focus: US and Other CountriesFor Economists

Annual Energy Outlook 2009

Provides a range of energy forecasts extending to 2030 for the United States. Considers the influence of supply and demand trends in end use markets, statutory and regulatory changes (including a potential cap-and-trade regime) and the adoption of new technologies. Outputs of the analysis are provided for specific fuel quantities and prices, dome ...
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United States Energy Information Agency
DOE/EIA-0383(2009), March 2009
Objectives: Forecasting Impacts
Geographic Focus: US and Other CountriesFor Specialized Analysts|For the Public

Assessing the Economic Impact of Dominion Virginia Power’s Coal-Fired Power Plant in Wise County, ...

Dominion Virginia Power has proposed to increase electric generating capacity in Virginia, citing rising electricity demand forecasts and a growing reliance on wholesale market purchases to meet this demand to justify a 585 MW coal-fired power plant in Wise County, Virginia. Although investing in new generating capacity is a traditional ap ...
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Cambridge, MA: Abt Associates, 2009.
Objectives: Forecasting Impacts,Policies & Legislation
Geographic Focus: US OnlyFor Economists|For Specialized Analysts|For the Public

“Tailoring Rule” Outlining Clean Air Act Permitting Thresholds for Facilities that Emit Greenhou...

The "Tailoring Rule" is the latest in a series of linked actions by the EPA based on the Supreme Court’s 2007 decision in Massachusetts v. EPA. In that decision, the Court stipulated that GHGs are “pollutants” under the Clean Air Act, and ordered EPA to make a science-based determination as to whether GHG emissions from motor vehicles cont ...
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Van Ness Feldman, Attorneys at Law
Van Ness Feldman, Washington D.C., May 2010
Objectives: Policies & Legislation
Geographic Focus: US OnlyFor Economists|For Specialized Analysts

California Climate Risk and Response

While a lot has been written about California's efforts to address climate change and potential economic gains, there has been limited economic analysis of the state's climate risk. This report addresses the impact of climate change if the state continues business-as-usual economic activity and the costs of the adaptation needed to cope with unavoi ...
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Kahrl, Fredrich, and David Roland-Holst
Berkeley, CA: U. of California Center For Energy, Resources, And Economic Sustainability. Research Paper No. 08102801: November 2008
Objectives: Forecasting Impacts,Evaluating ProposalsFor the Public

Carbon Capture and Storage Progress and Next Steps

From "Key Points on Progress": "To measure progress against the goal of launching 20 large‐scale CCS projects by 2010, the International Energy Agency (IEA), the Carbon Sequestration Leadership Forum (CSLF) and the Global CCS Institute reviewed government initiatives and developed a set of assessment criteria against which to review progr ...
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International Energy Agency
International Energy Agency, Paris, France, 2010
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor NationsFor Economists|For Specialized Analysts

Carbon Down, Profits Up

This brief report presents a series of tables that summarize energy and associated cost savings realized by corporations, cities, states/regi0ns and countries around the world. The tables briefly summarize measures taken and their impacts. The lists are short, consisting of "leading" actors of each type, and the summaries not enough to understand ...
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The Climate Group
Weybridge, Surrey, UK: The Climate Group: August 30, 2004
Objectives: Forecasting Impacts,Evaluating ProgramsFor the Public

Clean Energy-Environment Guide to Action: Policies, Best Practices, and Action Steps for States

The Clean Energy-Environment Guide to Action is a cornerstone of U.S. Environmental Protection Agency’s Clean Energy-Environment State Partnership Program, a voluntary program to help states incorporate clean energy into a low-cost, clean, and reliable energy system. The Guide provides information about 16 clean energy policies and programs that s ...
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Dunn, Steve. Julie Rosenberg, Andrea Denny et al.
Washington , DC: US EPA, Office of Atmospheric Programs, Climate Protection Partnerships Division: April 2006
Objectives: Evaluating Programs
Geographic Focus: US OnlyFor the Public

Climate 2030: A National Blueprint for a Clean Energy Economy

This book offers a comprehensive set of policies to accelerate the transition to a clean energy economy in order to avoid the most dire consequences of climate change:  extreme heat, fast and slow-onset events (storms and droughts), acidigying oceans and rising sea levels.    "The nation achieves these deep cuts in carbon emissions while savi ...
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Rachel Cleetus Steven Clemmer David Friedman
Unions of Concerned Scientists, Cambridge, Massachusettes, May 2009
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs
Geographic Focus: US OnlyFor Economists|For Specialized Analysts

Climate Change Mitigation« WHAT DO WE DO?

"In this document, the OECD...argues that a concerted research and development effort can indeed be expected to yield important benefits, but not by itself. The pricing of GHG emissions is critical for ensuring that new technologies, once developed, are rapidly deployed where they are most needed." (There is also) " an analysis of carbon leakag ...
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Not Listed
OCED: 2008
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US and Other CountriesFor Economists|For the Public

Climate Change Policy as an Economic Redevelopment Opportunity: The Role of Productive Investments i...

From the Abstract:  "This report is designed to set the record straight about the long-term economic impacts of cap-and-trade legislation. Many economic assessments of climate change policies completed to date, especially from opponents of the Waxman-Markey bill (H.R. 2454), make a flawed argument that meeting greenhouse gas emissions goa ...
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John A. "Skip" Laitner
American Council for an Energy-Efficient Economy, Washington, D.C., October 2009
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs
Geographic Focus: US OnlyFor Economists|For Specialized Analysts

Climate Change Update

From the introduction: "This briefng and detailed attachments provide analyses of (1) the  current Congressional  dynamics  for  climate  change  legislation;  (2)  the  recently released Waxman-Markey  climate  change  bill  (Attachment 1), the EPA-proposed GHG endangerment fnding,  and the EPA-proposed GHG emissions reporting rule (Attachment  ...
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Winston & Strawn LLP
Winston & Strawn LLP Briefing, May 2009
Objectives: Forecasting Impacts,Policies & Legislation
Geographic Focus: US OnlyFor the Public

Combating Global Climate Change: Why A Carbon Tax Is A Better Response To Global Warming Than Cap An...

Authors' Abstract: "The leading proposal in the United States and abroad for addressing global climate change is some form of a market-based cap and trade system. But an international environmental crisis is not the time to experiment with a largely untested regulatory system on a global scale, and it is far from clear whether a cap and trade sys ...
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Avi-Yonah, Reuven S., and David M. Uhlmann
Ann Arbor, MI: University of Michigan Law School. Public Law And Legal Theory Working Paper No. 117: March 18, 2008
Objectives: Evaluating Proposals
Geographic Focus: US and Other CountriesFor the Public

Counting the Gigatonnes: Building trust in greenhouse gas inventories from the United States and Chi...

Excerpted From the Executive Summary: "China and the United States are the world’s largest emitters of greenhouse gases (GHGs), contributing more than 32% of global greenhouse gas emissions, and approximately 40% of global CO2 emissions from energy use and industrial processes in 2005. The official GHG inventories published by the United S ...
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Irving Mintzer, J. Amber Leonard, Iván Darío Valencia
World Wildlife Federation, Brussels, Belgium, June 2010
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other Countries,Asia and OceaniaFor Economists|For Specialized Analysts

Displacing Coal with Generation from Existing Natural Gas-Fired Power Plants

The proposal to reduce carbon emissions by replacing coal plants with increased natural gas generation (some of which could come from underutilized plants) is a complex subject.  This report is an overview of the issues involved.  The report states it does not present definitive answers, which would be premature, given the current state of ...
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Stan Mark Kaplan
Congretional Research Service, Washington, D.C., USA, January 2010
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs
Geographic Focus: US OnlyFor Economists|For Specialized Analysts

Electric Vehicle Policy For the Midwest – A Scoping Document

From the Executive Summary: "In the last three years the transportation sector has witnessed a revolutionary upheaval. Car sales plummeted, with the most dramatic declines occurring in light truck sales. Two of the three big U.S. car companies declared bankruptcy. The federal government and California imposed significant efficiency stand ...
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John Bailey and David Morris
New Rules Project, Minneapolis, MN, USA, December 2009
Objectives: Policies & Legislation,Evaluating Programs,Evaluating Proposals
Geographic Focus: US OnlyFor Economists|For Specialized Analysts|For the Public

Emission Reductions Under Cap-and-Trade Proposals in the 111th Congress

From the Intro:  "This analysis provides an assessment of net reductions in greenhouse gas (GHG) emissions relative to total U.S. emissions that could be achieved by pollution reduction proposals currently under consideration in the 111th Congress. This assessment is an update to a previous analysis WRI released on October 28, 2009, and includes ...
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John Larson
World Resources Institute, Washington, D.C., December 2009
Objectives: Evaluating Programs
Geographic Focus: US OnlyFor Economists|For Specialized Analysts|For the Public

Estimating the Effect of a Gasoline Tax on Carbon Emissions

This paper uses modeling to discuss the possible effects of a gasoline tax on U.S. carbon emissions.Abstract:"Several policymakers and economists have proposed the adoption of a carbon tax in the United States. It is widely recognized that such a tax in practice must take the form of a tax on the consumption of energy products such as gasoline. Alt ...
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Lucas W. Davis and Lutz Kilian
National Bureau of Economic Research, Working Paper 14685, Cambridge, MA: January 2009
Objectives: Theoretical Modeling,Policies & Legislation
Geographic Focus: US and Other CountriesFor Economists

Extending “Climate Rebates” to Include Middle-Income Consumers

This briefing paper argues that the best way to defray the costs of a cap-and-trade system for middle-income households is to provide a climate tax credit, financed by auctioning carbon emission permits.  It argues that general reductions in tax rates would be less efficient in meeting the goal of minimizing the impact of cap-and-trade on household ...
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Chad Stone and Hannah Shaw
Center on Budget and Policy Priorities, February 2009
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs,Evaluating Proposals
Geographic Focus: US OnlyFor the Public

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