Paper Title:

Efficient Emission Fees In The U.S. Electricity Sector

Presenting Author: Spencer Banzhaf (Resources for the Future)
Coauthor 1: Dallas Burtraw
Coauthor 2:
Coauthor 3:
A number of recent policy proposals, originating in both the White House and the US Congress, have sought to reduce air pollution in the United States by tightening allowable emissions on Sulfur Dioxide and Nitrogen Oxides. This paper estimates the "efficient" level of such emissions, abstracting from second-best problems. To do so, it uses a detailed, geographically disaggregate economic model of the US electricity sector that estimates emission profiles as a function of policy parameters. This model is then linked to an air-diffusion model and damage-cost functions. Both the optimal emission tax and the optimal pollution cap are identified.
Link to paper: Not available
Session / Day / Time 15F / Thursday / 10:15 - 11:45 am
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