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来源类型Working Paper
规范类型报告
DOI10.3386/w24139
来源IDWorking Paper 24139
Costs of Inefficient Regulation: Evidence from the Bakken
Gabriel E. Lade; Ivan Rudik
发表日期2017-12-25
出版年2017
语种英语
摘要Efficient pollution regulation equalizes marginal abatement costs across sources. Here we study a new flaring regulation in North Dakota's oil and gas industry and document its efficiency. Exploiting detailed well-level data, we find that the regulation reduced flaring 4 to 7 percentage points and accounts for up to half of the observed flaring reductions since 2015. We construct firm-level marginal flaring abatement cost curves and find that the observed flaring reductions could have been achieved at 20% lower cost by imposing a tax on flared gas equal to current public lands royalty rates instead of using firm-specific flaring requirements.
主题Industrial Organization ; Industry Studies ; Environmental and Resource Economics ; Energy
URLhttps://www.nber.org/papers/w24139
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581813
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Gabriel E. Lade,Ivan Rudik. Costs of Inefficient Regulation: Evidence from the Bakken. 2017.
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