Regulating Stock Externalities Under Uncertainty

By Richard G. Newell, William A. Pizer. 2003

479 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/0c0fbfa5e98a2f645e61b6c39baf929ec3bbc768

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Citations in the corpus

Environmental and Technology Policies for Climate Mitigation (2008, background): “This approach is reasonable so long as the marginal benefits of emissions reduction are fairly constant in the level of reductions and over the relevant time horizon, which is a reasonable assumption for CO2 emissions [37].”
Prices Versus Quantities Versus Bankable Quantities (2012, background): “An important contribution is his intuition that banking and borrowing effectively flatten marginal costs compared to earlier analyses that ignored banking and borrowing (Hoel & Karp, 2002; Newell & Pizer, 2003), consistent with our own results.”
Using a Policy Mix for Pollution Control { A Review of Economic Literature (2012, unknown): “Hoel and Karp (2001) and Newell and Pizer (2003) confirm this finding for a dynamic context where the marginal damage of emissions is a function of the stock of pollutants accumulated over time.”
Prices versus quantities (2005, background): “[5] Pizer W. (2002).”
Decentralization in the EU Emissions Trading Scheme and Lessons for Global Policy (2007, background): “The economics literature has long made a compelling case for such a device, and, as Newell and Pizer (2003) have shown, a sensible safety valve offers large potential savings in the climate change context (such a mechanism has been discussed in the context of actual policies in the United States a”
The Economic impact of different carbon tax revenue recycling schemes in China: A model-based scenario analysis ☆ (2015, background): “While China launched its ‘‘pilot emission trading scheme’’ in seven provinces and cities in 2013, theoretical research suggests that a carbon tax is preferable to an emission trading scheme [1,2] and there is also a group of advocates of carbon tax policy in China.”