Environmental Regulation And Market Power

Author : Emmanuel Petrakis
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.03/5 ( download)

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Download or read book Environmental Regulation and Market Power written by Emmanuel Petrakis and published by Edward Elgar Publishing. This book was released on 1999 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions taxes, tradeable emission permits and voluntary compliance policies are becoming the instruments of choice in controlling environmental problems at the national and international level. This text uses research in order to appraise their efficiency in varying market conditions.

Author : Professor of Environmental Economics and Policy Charles D Kolstad
Publisher : OUP USA
ISBN 13 : 0195189655
Total Pages : 501 pages
Book Rating : 4.50/5 ( download)

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Download or read book Moving to Markets in Environmental Regulation written by Professor of Environmental Economics and Policy Charles D Kolstad and published by OUP USA. This book was released on 2007 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher description

Author : Machiel Mulder
Publisher : Springer Nature
ISBN 13 : 3030583198
Total Pages : 361 pages
Book Rating : 4.94/5 ( download)

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Download or read book Regulation of Energy Markets written by Machiel Mulder and published by Springer Nature. This book was released on 2020-10-16 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook explains the main economic mechanisms behind energy markets and assesses how governments can implement policies to improve how these markets function. Adopting a micro-economic perspective, the book systematically analyses the various types of market failures on the electricity and gas markets as well as coal, oil, hydrogen and heat markets to identify government policies that can improve welfare. These shortcomings include the natural monopoly and the public-good character of energy infrastructures; market power resulting from inflexibility of supply and demand; international trade restrictions; negative externalities concerning the use of fossil energy; positive externalities concerning innovative new energy technologies; information asymmetries with regard to the product characteristics of energy commodities; and other public concerns, such as energy poverty. In turn, readers will learn about various measures that governments can use to address these market failures, including incentive regulation for electricity grids; international integration of wholesale energy markets; environmental regulatory measures like emissions trading schemes; subsidy schemes for new technologies; green-energy certificate schemes; and energy taxes. Given its scope, the book will appeal to upper-undergraduate and graduate students from various disciplines who want to learn more about the economics and regulation of energy systems and markets.

Author : Ted Gayer
Publisher : Now Publishers Inc
ISBN 13 : 1933019379
Total Pages : 140 pages
Book Rating : 4.76/5 ( download)

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Download or read book Market-based Approaches to Environmental Regulation written by Ted Gayer and published by Now Publishers Inc. This book was released on 2006 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Francesco Gullì
Publisher : Springer Science & Business Media
ISBN 13 : 1447147278
Total Pages : 124 pages
Book Rating : 4.75/5 ( download)

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Download or read book Pollution Under Environmental Regulation in Energy Markets written by Francesco Gullì and published by Springer Science & Business Media. This book was released on 2012-12-14 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Erin Mansur
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.88/5 ( download)

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Download or read book Prices Vs. Quantities written by Erin Mansur and published by . This book was released on 2007 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a market subject to environmental regulation, a firm's strategic behavior affects the production and emissions decisions of all firms. If firms are regulated by a Pigouvian tax, changing emissions will not affect the marginal cost of polluting. However, under a tradable permits system, the polluters' decisions affect the permit price. This paper shows that this feedback effect may increase a strategic firm's output. Relative to a tax, tradable permits improve welfare in a market with imperfect competition. As an application, I model strategic and competitive behavior of wholesalers in the Pennsylvania, New Jersey, and Maryland electricity market. Simulations suggest that exercising market power decreased local pollution by approximately nine percent, and therefore, substantially reduced the price of the region's pollution permits. Furthermore, I find that had regulators opted to use a tax instead of permits, the deadweight loss from imperfect competition would have been approximately seven percent greater.

Author : Francesco Gullì
Publisher : Springer
ISBN 13 : 9781447147282
Total Pages : 116 pages
Book Rating : 4.86/5 ( download)

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Download or read book Pollution Under Environmental Regulation in Energy Markets written by Francesco Gullì and published by Springer. This book was released on 2012-12-14 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Imad A. Moosa
Publisher : Edward Elgar Publishing
ISBN 13 : 1782549242
Total Pages : 352 pages
Book Rating : 4.46/5 ( download)

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Download or read book The Costs and Benefits of Environmental Regulation written by Imad A. Moosa and published by Edward Elgar Publishing. This book was released on 2014-11-28 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Steven Ferrey
Publisher : Clark Boardman Callaghan
ISBN 13 :
Total Pages : 656 pages
Book Rating : 4.20/5 ( download)

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Download or read book Law of Independent Power written by Steven Ferrey and published by Clark Boardman Callaghan. This book was released on 1989 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: This treatise provides guidance on all the legal, technical and regulatory aspects of independent power and cogneration development. Written for counsel invovled in independent energy production, state regulators, developers, financiers and utilities, the treatise offers case law, explanations of key issues, a glossary of terminology and detailed footnotes.

Author : W. Kip Viscusi
Publisher : MIT Press
ISBN 13 : 0262287323
Total Pages : 955 pages
Book Rating : 4.26/5 ( download)

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Download or read book Economics of Regulation and Antitrust, fourth edition written by W. Kip Viscusi and published by MIT Press. This book was released on 2005-08-19 with total page 955 pages. Available in PDF, EPUB and Kindle. Book excerpt: A substantially revised and updated new edition of the leading text on business and government, with new material reflecting recent theoretical and methodological advances; includes further coverage of the Microsoft antitrust case, the deregulation of telecommunications and electric power, and new environmental regulations. This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions. The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.