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The social costs of electricity: Do the numbers add up?

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  • Krupnick, Alan J.
  • Burtraw, Dallas

Abstract

Several recent studies have mounted major efforts to estimate the social cost of electricity generation. This paper provides an overview of this literature and a focused qualitative and quantitative comparison of the most comprehensive and rigorous of these studies. The paper also provides a synthesis that can help reduce the cost of future applications of these methods.

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File URL: http://www.sciencedirect.com/science/article/B6VFJ-3VV0532-5/2/a4a8da870fbc262bda8f2f4d2b6f2ab9
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Bibliographic Info

Article provided by Elsevier in its journal Resource and Energy Economics.

Volume (Year): 18 (1996)
Issue (Month): 4 (December)
Pages: 423-466

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Handle: RePEc:eee:resene:v:18:y:1996:i:4:p:423-466

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Web page: http://www.elsevier.com/locate/inca/505569

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References

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  1. W. Kip Viscusi & Wesley A. Magat & Alan Carlin & Mark K. Dreyfus, 1994. "Environmentally Responsible Energy Pricing," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 23-42.
  2. Darwin C. Hall, 1990. "Preliminary Estimates Of Cumulative Private And External Costs Of Energy," Contemporary Economic Policy, Western Economic Association International, vol. 8(3), pages 283-307, 07.
  3. Jeffrey A. Dubin & Geoffrey S. Rothwell, 1990. "Subsidy To Nuclear Power Through Price-Anderson Liability Limit," Contemporary Economic Policy, Western Economic Association International, vol. 8(3), pages 73-79, 07.
  4. Krupnick, Alan J. & Harrington, Winston & Ostro, Bart, 1990. "Ambient ozone and acute health effects: Evidence from daily data," Journal of Environmental Economics and Management, Elsevier, vol. 18(1), pages 1-18, January.
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Citations

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Cited by:
  1. Maddison, David, 2005. "Air pollution and hospital admissions: an ARMAX modelling approach," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 116-131, January.
  2. Burtraw, Dallas & Krupnick, Alan, 1996. "The Second-Best Use of Social Cost Estimates," Discussion Papers dp-96-29, Resources For the Future.
  3. Spencer Banzhaf, H. & Burtraw, Dallas & Palmer, Karen, 2004. "Efficient emission fees in the US electricity sector," Resource and Energy Economics, Elsevier, vol. 26(3), pages 317-341, September.
  4. Burtraw, Dallas & Bharvirkar, Ranjit & McGuinness, Meghan, 2002. "Uncertainty and the Cost-Effectiveness of Regional NOx Emissions Reductions from Electricity Generation," Discussion Papers dp-02-01-, Resources For the Future.
  5. Maddison, David, 2006. "Dose response functions and the harvesting effect," Resource and Energy Economics, Elsevier, vol. 28(4), pages 313-332, November.
  6. Burtraw, Dallas & Palmer, Karen & Shih, Jhih-Shyang, 2005. "Reducing Emissions from the Electricity Sector: The Costs and Benefits Nationwide and for the Empire State," Discussion Papers dp-05-23, Resources For the Future.
  7. Andrew Chupp, B., 2011. "Environmental Constituent Interest, Green Electricity Policies, and Legislative Voting," Journal of Environmental Economics and Management, Elsevier, vol. 62(2), pages 254-266, September.
  8. Kwak, Seung-Jun & Yoo, Seung-Hoon & Kim, Tai-Yoo, 2001. "A constructive approach to air-quality valuation in Korea," Ecological Economics, Elsevier, vol. 38(3), pages 327-344, September.
  9. Burtraw, Dallas & Toman, Michael, 1997. "The Benefits of Reduced Air Pollutants in the U.S. from Greenhouse Gas Mitigation Policies," Discussion Papers dp-98-01-rev, Resources For the Future.
  10. Krupnick, Alan & Austin, David & Morton, Brian & McConnell, Virginia & Stoessell, Terrell & Cannon, Matthew, 1998. "The Chesapeake Bay and the Control of NOx Emissions: A Policy Analysis," Discussion Papers dp-98-46, Resources For the Future.
  11. Burtraw, Dallas & Palmer, Karen & Bharvirkar, Ranjit & Paul, Anthony, 2001. "Cost-Effective Reduction of NOx Emissions from Electricity Generation," Discussion Papers dp-00-55-rev, Resources For the Future.
  12. Burtraw, Dallas & Palmer, Karen & Krupnick, Alan & Toman, Michael & Paul, Anthony & Bloyd, Cary, 2001. "Ancillary Benefits of Reduced Air Pollution in the United States from Moderate Greenhouse Gas Mitigation Policies in the Electricity Sector," Discussion Papers dp-01-61-, Resources For the Future.
  13. Burtraw, Dallas & Bharvirkar, Ranjit & Bloyd, Cary, 2002. "Investment in Electricity Transmission and Ancillary Environmental Benefits," Discussion Papers dp-02-14-, Resources For the Future.
  14. Austin, David & Macauley, Molly & Darmstadter, Joel & Shih, Jhih-Shyang & Aronow, Emily & Bath, Tom, 2002. "Measuring the Contribution to the Economy of Investments in Renewable Energy: Estimates of Future Consumer Gains," Discussion Papers dp-02-05-, Resources For the Future.
  15. Scott Barrett, 2009. "The Coming Global Climate-Technology Revolution," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 53-75, Spring.
  16. Kahn, Matthew E., 2009. "Regional growth and exposure to nearby coal fired power plant emissions," Regional Science and Urban Economics, Elsevier, vol. 39(1), pages 15-22, January.
  17. Macauley, Molly & Shih, Jhih-Shyang, 2003. "Effects of Carbon Policies and Technology Change," Discussion Papers dp-03-14, Resources For the Future.
  18. Macauley, Molly & Darmstadter, Joel & Fini, John & Greenberg, Joel & Maulbetsch, John & Schaal, A. Michael & Styles, Geoffrey & Vedda, James, 2000. "Can Power from Space Compete?," Discussion Papers dp-00-16, Resources For the Future.

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