全球智库信息集成服务系统(G2TT): Should We Be Worried About the Green Paradox? Announcement Effects of the Acid Rain Program

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Should We Be Worried About the Green Paradox? Announcement Effects of the Acid Rain Program
	Corrado Di Maria; Ian Lange; Edwin van der Werf
发表日期	2012
出处	Climate Change and Sustainable Development
出版年	2012
语种	英语
摘要	This paper presents the first empirical test of the green paradox hypothesis, according to which well-intended but imperfectly implemented policies may lead to detrimental environmental outcomes due to supply side responses. We use the introduction of the Acid Rain Program in the U.S. as a case study. The theory predicts that owners of coal deposits, expecting future sales to decline, would supply more of their resource between the announcement of the Acid Rain Program and its implementation; moreover, the incentive to increase supply would be stronger for owners of high-sulfur coal. This would, all else equal, induce an increase in sulfur dioxide emissions. Using data on prices, heat input and sulfur content of coal delivered to U.S. power plants, we find strong evidence of a price decrease, some indication that the amount of coal used might have increased, and no evidence that the announcement of the Acid Rain Program led the use of higher sulfur coal. Overall, our evidence suggests that while the mechanism indicated by the theory might be at work, market conditions and concurrent regulation prevented a green paradox from arising. These results have implications for the design of climate policies.
特色分类	Q31;Q38;Q53;Q54;Q58
关键词	Green Paradox Implementation Lags Announcement Effects Climate Policy Acid Rain Policy
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/should-we-be-worried-about-the-green-paradox-announcement-effects-of-the-acid-rain-program/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/118088
推荐引用方式 GB/T 7714	Corrado Di Maria,Ian Lange,Edwin van der Werf. Should We Be Worried About the Green Paradox? Announcement Effects of the Acid Rain Program. 2012.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
201275151981Nota_di_（71KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
2012751519264NDL2012（1035KB）	智库出版物		限制开放	CC BY-NC-SA	浏览