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Information and coercive regulation: The impact of fuel mix information disclosure on states’ adoption of renewable energy policy

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  • Bae, Hyunhoe
  • Yu, Sanguk

Abstract

This study examines whether the publicly provided information performs the role of a procedural policy expediting the adoption of a more coercive and substantive regulation by heightening public awareness and political legitimacy. Under the assumption this role of procedural policy may be critical, especially for the policy with distributed benefits and concentrated costs such as the renewable energy policy, this study examined the relationship between mandatory disclosure of the fuel mix information of electric utilities and states’ adoption of Renewable Portfolio Standards (RPS). Our event history analysis results show that existence of the mandatory information disclosure rule on fuel fix and greenhouse gas emissions significantly increases the probability of adoption of the coercive regulation (RPS). The findings indicate states’ appropriate mix of policy tools could play a vital role in initiating high-resistance policy adoption.

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  • Bae, Hyunhoe & Yu, Sanguk, 2018. "Information and coercive regulation: The impact of fuel mix information disclosure on states’ adoption of renewable energy policy," Energy Policy, Elsevier, vol. 117(C), pages 151-159.
    • Handle: RePEc:eee:enepol:v:117:y:2018:i:c:p:151-159
    DOI: 10.1016/j.enpol.2018.03.010
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    Cited by:

    1. Jia Meng & ZhongXiang Zhang, 2022. "Corporate Environmental Information Disclosure and Investor Response: Empirical Evidence from China's Capital Market," Working Papers 2022.03, Fondazione Eni Enrico Mattei.
    2. Zhang, Ren Jie & Razzaq, Asif, 2022. "Influence of economic policy uncertainty and financial development on renewable energy consumption in the BRICST region," Renewable Energy, Elsevier, vol. 201(P1), pages 526-533.
    3. Viktorija Bobinaite & Marialaura Di Somma & Giorgio Graditi & Irina Oleinikova, 2019. "The Regulatory Framework for Market Transparency in Future Power Systems under the Web-of-Cells Concept," Energies, MDPI, vol. 12(5), pages 1-26, March.
    4. Meng, Jia & Zhang, ZhongXiang, 2022. "Corporate environmental information disclosure and investor response: Evidence from China's capital market," Energy Economics, Elsevier, vol. 108(C).
    5. Zhang, Jinzhu & Liu, Yu & Zhou, Meifang & Chen, Boyang & Liu, Yawen & Cheng, Baodong & Xue, Jinjun & Zhang, Wei, 2022. "Regulatory effect of improving environmental information disclosure under environmental tax in China: From the perspectives of temporal and industrial heterogeneity," Energy Policy, Elsevier, vol. 164(C).
    6. Wu, Shu & Han, Hongyun, 2022. "Energy transition, intensity growth, and policy evolution: Evidence from rural China," Energy Economics, Elsevier, vol. 105(C).

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