Get Access Should We be Worried about the Green Paradox? by Corrado Di Maria, Ian Lange, Edwin Van d

Download Should We be Worried about the Green Paradox?

Should We be Worried about the Green Paradox? Summary

This paper presents the first empirical test of the green paradox hypothesis, according to which well-intended but imperfectly implemented policies may lead to detrimental environmental outcomes due to supply side responses. We use the introduction of the Acid Rain Program in the U.S. as a case study. The theory predicts that owners of coal deposits, expecting future sales to decline, would supply more of their resource between the announcement of the Acid Rain Program and its implementation; moreover, the incentive to increase supply would be stronger for owners of high-sulfur coal. This would, all else equal, induce an increase in sulfur dioxide emissions. Using data on prices, heat input and sulfur content of coal delivered to U.S. power plants, we find strong evidence of a price decrease, some indication that the amount of coal used might have increased, and no evidence that the announcement of the Acid Rain Program lead the use of higher sulfur coal. Overall, our evidence suggests that while the mechanism indicated by the theory might be at work, market conditions and concurrent regulation prevented a green paradox from arising. These results have implications for the design of climate policies.

Author : Corrado Di Maria, Ian Lange, Edwin Van der Werf

Publisher : Univ., Center for Economic Studies

Published : 2012

ISBN-10 :

ISBN-13 :

Number of Pages : Pages

Language : en

Keyword :

Read Online Should We be Worried about the Green Paradox? pdf

Download Should We be Worried about the Green Paradox? epub

Should We be Worried about the Green Paradox? Audiobook Download

Listen Should We be Worried about the Green Paradox? book

Download Should We be Worried about the Green Paradox? Audiobook

What is audiobook and how does it work?
Audiobooks are voice recordings of the text of a book that you listen to rather than read. Audiobooks can be exact word-for-word versions of books or abridged versions. You can listen to audiobooks on any smartphone, tablet, computer, home speaker system, or in-car entertainment system.

An electronic book, also known as an e-book or eBook, is a book publication made available in digital form, consisting of text, images, or both, readable on the flat-panel display of computers or other electronic devices. Although sometimes defined as "an electronic version of a printed book",some e-books exist without a printed equivalent.
E-books can be read on dedicated e-reader devices, but also on any computer device that features a controllable viewing screen, including desktop computers, laptops, tablets and smartphones.