Social cost of CO 2 abatement from energy efficiency and solar power in the United States
AbstractFrequently cited empirical analyses ask whether we should make the transition from reliance on fossil fuels to reduce greenhouse gas emissions, and conclude that the transition is too costly so we should, instead, focus policy on how to adapt to global warming. This paper makes two improvements in the analysis. First, this empirical analysis accounts for existing low-cost alternatives that are substitutes for fossil fuels. Second, this empirical analysis incorporates existing estimates of externalities from fossil fuels. These two basic improvements in the analysis alter the conclusion; policy should focus on how rapidly and extensively to make the transition from reliance on fossil fuels to the alternatives. The corollary is that we should focus on the efficacy and cost of policy options that are designed to accomplish the transition. Copyright Kluwer Academic Publishers 1992
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by European Association of Environmental and Resource Economists in its journal Environmental & Resource Economics.
Volume (Year): 2 (1992)
Issue (Month): 5 (September)
Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100263
Economics of global warming and greenhouse gases; externalities from energy use; conservation and energy efficiency; solar power;
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.:
- Victor Brajer & Jane V. Hall & Robert Rowe, 1991. "The Value Of Cleaner Air: An Integrated Approach," Contemporary Economic Policy, Western Economic Association International, vol. 9(2), pages 81-91, 04.
- Carmen Difglio & K.G. Duleep & David L. Green, 1990. "Cost Effectiveness of Future Fuel Economy Improvements," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 65-86.
- GERALD R. BEMIS & MICHAEL DoANGELIS, 1990. "Levelized Cost Of Electricity Generation Technologies," Contemporary Economic Policy, Western Economic Association International, vol. 8(3), pages 200-214, 07.
- Victor Brajer & Jane V. Hall & Robert Rowe, 1991. "The Value Of Cleaner Air: An Integrated Approach," Contemporary Economic Policy, Western Economic Association International, vol. 9(1), pages 81-91, 01.
- 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.
- Alan S. Manne & Richard G. Richels, 1990. "CO2 Emission Limits: An Economic Cost Analysis for the USA," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 51-74.
- Schelling, Thomas C, 1992. "Some Economics of Global Warming," American Economic Review, American Economic Association, vol. 82(1), pages 1-14, March.
- Henry Ruderman & Mark D. Levine & James E. McMahon, 1987. "The Behavior of the Market for Energy Efficiency in Residential Appliances Including Heating and Cooling Equipment," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 101-124.
- Drennen, Thomas E. & Erickson, Jon D. & Chapman, Duane, 1993. "Solar Power and Climate Change Policy in Developing Countries," Staff Papers 121345, Cornell University, Department of Applied Economics and Management.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.