Pollution Under Environmental Regulation in Energy Markets

Pollution Under Environmental Regulation in Energy Markets
Author: Francesco Gullì
Publisher: Springer Science & Business Media
Total Pages: 124
Release: 2012-12-14
Genre: Business & Economics
ISBN: 1447147278

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Pollution Under Environmental Regulation in Energy Markets provides a study of environmental regulation when energy markets are imperfectly competitive. This theoretical treatment focuses on three relevant cases of energy markets. First, the residential space heating sector where hybrid regulation such as taxation and emissions trading together are possible. Second, the electricity market where transactions are organized in the form of multi-period auctions. Third, namely natural gas (input) and electricity (output) markets where there is combined imperfect competition in vertical related energy markets. The development of free or low carbon technologies supported by energy policies, aiming at increasing security of supply, is also explored whilst considering competition policies that reduce market power in energy markets thus improving market efficiency. Pollution Under Environmental Regulation in Energy Markets discusses the key issues of whether imperfect competition can lessen the ability of environmental policy to reduce pollution and/or to minimize the cost of meeting environmental targets. Policymakers, analysts and researchers gain a thorough understanding of the performance of environmental policy from Pollution Under Environmental Regulation in Energy Markets leading to better design of simulation models of performance and costs of environmental regulation.

Pollution Under Environmental Regulation in Energy Markets

Pollution Under Environmental Regulation in Energy Markets
Author: Francesco Gullì
Publisher: Springer
Total Pages: 116
Release: 2012-12-14
Genre: Business & Economics
ISBN: 9781447147282

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Pollution Under Environmental Regulation in Energy Markets provides a study of environmental regulation when energy markets are imperfectly competitive. This theoretical treatment focuses on three relevant cases of energy markets. First, the residential space heating sector where hybrid regulation such as taxation and emissions trading together are possible. Second, the electricity market where transactions are organized in the form of multi-period auctions. Third, namely natural gas (input) and electricity (output) markets where there is combined imperfect competition in vertical related energy markets. The development of free or low carbon technologies supported by energy policies, aiming at increasing security of supply, is also explored whilst considering competition policies that reduce market power in energy markets thus improving market efficiency. Pollution Under Environmental Regulation in Energy Markets discusses the key issues of whether imperfect competition can lessen the ability of environmental policy to reduce pollution and/or to minimize the cost of meeting environmental targets. Policymakers, analysts and researchers gain a thorough understanding of the performance of environmental policy from Pollution Under Environmental Regulation in Energy Markets leading to better design of simulation models of performance and costs of environmental regulation.

Market-based Approaches to Environmental Regulation

Market-based Approaches to Environmental Regulation
Author: Ted Gayer
Publisher: Now Publishers Inc
Total Pages: 140
Release: 2006
Genre: Business & Economics
ISBN: 1933019379

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Market-based Approaches to Environmental Regulation reviews the economics literature of market-based environmental regulations and design issues for environmental taxes and cap-and-trade systems. It begins by reviewing the economics literature on the theory of market-based environmental regulations. It then goes on to cover design issues for environmental taxes and cap-and-trade systems. Market-based Approaches to Environmental Regulation also discusses the U.S. experience with a number of regulatory approaches that are commonly characterized as market-based and describes the mix of market and non-market instruments that characterize these policies. Market-based Approaches to Environmental Regulation will be of interest to all researchers and practitioners in the field of environmental regulation.

Energy and Emissions Markets

Energy and Emissions Markets
Author: Tom James
Publisher: John Wiley & Sons
Total Pages: 481
Release: 2011-08-24
Genre: Business & Economics
ISBN: 1118170067

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Written by best selling author Peter C. Fusaro and renowned energy market expert and commentator Tom James, this book demonstrates that the forces of energy and environmental issues and linked more than ever before. The beginning of European emissions and trading in 2005 and the implementation of the Kyoto protocol have accelerated efforts already underway in the US to use market forces to remediate environmental issues. Topics such as emissions trading, renewable energy trading, the fourth dimension in energy trading, and new outcomes on green project finance will be analyzed in this book.

Essays on Environmental Regulations in Electricity Markets

Essays on Environmental Regulations in Electricity Markets
Author: Yanming Sun
Publisher:
Total Pages: 102
Release: 2013
Genre:
ISBN:

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Reducing the Greenhouse Gas pollution and promoting energy efficiency among consumers' energy use have been major public policy issues recently. Currently, both the United States and the European Union have set up explicit percentage requirements that require energy generators or consumers to undertake a certain percentage of their energy production or consumption from renewable sources. To achieve their renewable targets, the Tradable Green Certificates (TGC) system has been introduced in their electricity markets. Moreover, in order to promote energy conservation and achieve energy efficiency targets, price policies and price changes derived from environmental regulations have played a more important role in reducing electricity consumption. My research studies problems associated with these policy implementations. In Chapter 1, I analyze a competitive electricity market with two countries operated under a common TGC system. By using geometric illustrations, I compare the two countries' welfare when the renewable quota is chosen optimally under the common certificate market with three different situations. The policy recommendation is that when the value of damage parameter is sufficiently small, full integration with a TGC market is welfare superior to full integration of an all fossil-fuel based market with an optimal emissions standard. In Chapter 2, by analyzing a stylized theoretical model and numerical examples, I investigate the performance of the optimal renewables policy under full separation and full integration scenarios for two countries' electricity markets operated under TGC systems. In my third chapter, I look at residential electricity consumption responsiveness to increases of electricity price in the U.S. and the different effect of a price increase on electricity use for states of different income levels. My analysis reveals that raising the energy price in the short run will not give consumers much incentive to adjust their appliances and make energy conservation investments to reduce electricity use, while in the long run, consumers are more likely to lower their electricity consumption, facing the higher electricity price induced from regulation policies. In addition, for states of higher per capita GDP, raising the electricity price may be more effective to ensure a cut in electricity consumption.

The Costs and Benefits of Environmental Regulation

The Costs and Benefits of Environmental Regulation
Author: Imad A. Moosa
Publisher: Edward Elgar Publishing
Total Pages: 352
Release: 2014-11-28
Genre: Business & Economics
ISBN: 1782549242

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øThe authors present an extensive survey of the empirical evidence on the determinants of environmental performance as well as the effects of environmental regulation on the costs of production, plant location, firm-level productivity, stock prices and

Energy and Environment Regulation

Energy and Environment Regulation
Author: Helen Lawton Smith
Publisher: Springer
Total Pages: 335
Release: 2016-07-27
Genre: Business & Economics
ISBN: 1349250570

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The central theme of this book is the relationship between the regulation of energy production and environmental regulation. The book explores four themes: Assessing Regulatory Impacts; Energy Pricing; Public Policy towards New Investment and Multi-Regulation, and includes contributions from leading analysts in the fields of economics, law, politics, business and technology policy.

International Energy Experience, The: Markets, Regulation And The Environment

International Energy Experience, The: Markets, Regulation And The Environment
Author: G Mackerron
Publisher: World Scientific
Total Pages: 389
Release: 2000-04-19
Genre: Science
ISBN: 1783261870

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How far can energy markets be free as well as competitive? What do low oil prices mean for the oil industry and other energy markets? How can economic efficiency in the energy industries be reconciled with environmental protection? How far is the UK model of liberalising electricity and gas industries being applied elsewhere in the world and how is it faring, at home and abroad? These are typical questions addressed in this collection of articles written by an international group of economists. Edited by the leaders of the two leading UK academic centres of energy economics, the book demonstrates how important the analysis of policy and regulatory frameworks has become for those interested in efficient energy and environmental outcomes./a

What Price Clean Air?

What Price Clean Air?
Author: Committee for Economic Development. Research and Policy Committee
Publisher:
Total Pages: 124
Release: 1993
Genre: Business & Economics
ISBN:

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