| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20795 |
| 来源ID | Working Paper 20795 |
| Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach using the Shale Revolution | |
| Joseph A. Cullen; Erin T. Mansur | |
| 发表日期 | 2014-12-29 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | This paper examines how much carbon emissions from the electricity industry would decrease in response to a carbon price. We show how both carbon prices and cheap natural gas reduce, in a nearly identical manner, the historic cost advantage of coal-fired power plants. The shale revolution has resulted in unprecedented variation in natural gas prices that we use to estimate the short-run price elasticity of abatement. Our estimates imply that a price of $10 ($60) per ton of carbon dioxide would reduce emissions by 4% (10%). Furthermore, carbon prices are much more effective at reducing emissions when natural gas prices are low. In contrast, modest carbon prices have negligible effects when gas prices are at levels seen prior to the shale revolution. |
| 主题 | Environmental and Resource Economics ; Energy ; Environment |
| URL | https://www.nber.org/papers/w20795 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578469 |
| 推荐引用方式 GB/T 7714 | Joseph A. Cullen,Erin T. Mansur. Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach using the Shale Revolution. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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