Articles

5 Items

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Journal Article - Journal of Environmental Economics and Management

Land-Use Change and Carbon Sinks: Econometric Estimation of the Carbon Sequestration Supply Function

| 2006

Investigates the cost of forest-based carbon sequestration by analyzing econometrically micro-data on revealed landowner preferences, modeling six major private land uses in a comprehensive analysis of the contiguous United States.

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Journal Article - Journal of Economic Perspectives

What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading

| Summer 1998

The most ambitious application ever attempted of a market-based approach to environmental protection has been for the control of acid rain under the Clean Air Act amendments of 1990, which established a sulfur dioxide allowance trading program. This essay identifies lessons that can be learned from this grand experiment in economically oriented environmental policy. The author examines positive political economy lessons, asking why this system was adopted from acid-rain control in 1990, and he considers normative lessons that can be learned from the program's structure and performance, focusing on lessons for the design and implementation of future systems.

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Journal Article - Journal of Environmental Economics and Management

Dynamic Incentives of Environmental Regulation: The Effects of Alternative Policy Instruments on Technology Diffusion

| 1995

This paper develops a framework for comparing empirically the effects of alternative environmental policy instruments on the diffusion of new technology.