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Uncertainty and the Net Benefits of Emissions Reductions of Nitrogen Oxides from Electricity Generation

  • Dallas Burtraw
  • Ranjit Bharvirkar
  • DMeghan McGuinness

This paper analyzes 18 scenarios surrounding the benefits and costs of a policy to reduce emissions of nitrogen oxides (NOX) from electricity generation in the 19 eastern states. Under each scenario, an annual policy would yield net benefits that are at least as great as those expected under the Environmental Protection Agency’ s (EPA) currently planned seasonal policy, and additional benefits of $724 million per year under the midpoint values (1997 dollars). The 11 northeastern states benefit the most from an annual policy, but relative net benefits are also positive in the remaining states in the region.

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File URL: http://le.uwpress.org/cgi/reprint/79/3/382
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Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 79 (2003)
Issue (Month): 3 ()
Pages: 382-401

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Handle: RePEc:uwp:landec:v:79:y:2003:i:3:p:382-401
Contact details of provider: Web page: http://le.uwpress.org/

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  1. Banzhaf, H. Spencer & Desvousges, William H. & Johnson, F. Reed, 1996. "Assessing the externalities of electricity generation in the Midwest," Resource and Energy Economics, Elsevier, vol. 18(4), pages 395-421, December.
  2. Dallas Burtraw & Alan Krupnick & Erin Mansur & David Austin & Deirdre Farrell, 1998. "Costs And Benefits Of Reducing Air Pollutants Related To Acid Rain," Contemporary Economic Policy, Western Economic Association International, vol. 16(4), pages 379-400, October.
  3. Janusz R. Mrozek & Laura O. Taylor, 2002. "What determines the value of life? a meta-analysis," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 21(2), pages 253-270.
  4. Burtraw, Dallas & Krupnick, Alan, 1996. "The Social Cost of Electricity: Do the Numbers Add Up?," Discussion Papers dp-96-30, Resources For the Future.
  5. Krupnick, Alan & McConnell, Virginia & Stoessell, Terrell & Cannon, Matthew & Batz, Michael, 2000. "Cost-Effective NOx Control in the Eastern United States," Discussion Papers dp-00-18, Resources For the Future.
  6. Rowe, Robert D. & Lang, Carolyn M. & Chestnut, Lauraine G., 1996. "Critical factors in computing externalities for electricity resources," Resource and Energy Economics, Elsevier, vol. 18(4), pages 363-394, December.
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