Performance of a cap and trade system for managing environmental impacts of shale gas surface infrastructure

Milt, Austin; Armsworth, Paul R.

doi:10.1016/j.ecolecon.2016.09.016

Cited by 8 publications

(5 citation statements)

References 36 publications

(41 reference statements)

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“…Our work augments studies that have assessed alternative policies and/or more comprehensive or systematic planning that have thus far generally focused on small spatial scales. For example, Milt, Gagnolet, and Armsworth 38 and Milt and Armsworth 39 assessed the costs and benefits of planning to reduce habitat impacts of pipelines but only within leaseholds. Our model allows for quantification of trade-offs between shale gas pipeline development costs and habitat, a particular contribution to policymaking aimed at coordinating shale gas development across spatial scales.…”

Section: Discussionmentioning

confidence: 99%

Systematically Incorporating Environmental Objectives into Shale Gas Pipeline Development: A Binary Integer, Multiobjective Spatial Optimization Model

Kroetz

Shih

Siikamäki

et al. 2019

Environ. Sci. Technol.

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Shale gas pipeline development can have negative environmental impacts, including adverse effects on species and ecosystems through habitat degradation and loss. From a societal perspective, pipeline development planning processes should account for such externalities. We develop a multiobjective binary integer-programming model, called the Multi Objective Pipeline Siting (MOPS) model, to incorporate habitat externalities into pipeline development and to estimate the trade-offs between pipeline development costs and habitat impacts. We demonstrate the utility of the model using an application from Bradford and Susquehanna counties in northeastern Pennsylvania. We find that significant habitat impacts can be avoided for relatively low cost, but the avoidance of the additional habitat impacts becomes gradually and increasingly costly. For example, 10% of the habitat impacts can be avoided at less than a two percent pipeline cost increase relative to a configuration that ignores habitat impacts. MOPS or a similar model could be integrated into the pipeline siting and permitting process so oil and gas companies, communities, and states can identify cost-effective options for habitat conservation near shale gas development.

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Section: Discussionmentioning

confidence: 99%

Systematically Incorporating Environmental Objectives into Shale Gas Pipeline Development: A Binary Integer, Multiobjective Spatial Optimization Model

Kroetz

Shih

Siikamäki

et al. 2019

Environ. Sci. Technol.

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“…Carbon cap-and-trade, also known as emissions trading, is a market-based approach to reducing carbon emissions by providing economic incentives for reducing GHG emissions (Kosnik 2018;Milt and Armsworth 2017). This policy has perhaps been discussed the most.…”

Section: Cap-and-tradementioning

confidence: 99%

“…This policy has perhaps been discussed the most. Many authors have written about this policy (Fuss et al 2018;Gurtu et al 2016a;Kosnik 2018;Milt and Armsworth 2017;Morehouse 2012;Schmalensee and Stavins 2017;Wittneben 2009). Under the cap-and-trade policy, each organization can generate carbon emissions up to a pre-determined limit called a cap.…”

Section: Cap-and-tradementioning

confidence: 99%

Emissions Reduction Policies and Their Effects on Economy

Gurtu

Vyas

Gurtu

2022

JRFM

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The two broad carbon-reducing policies, carbon tax and cap-and-trade, have been implemented at various national and sub-national levels. This paper examines the relationships between emissions-reducing policies and their effect on the country’s economic growth (GDP) using carbon tax and CO2 emission as explanatory variables and population and R&D as control variables. The study employs Granger causality analysis (GCA) and panel data regression analysis to find the relationships between GDP, emissions, and carbon tax. GDP usually increases as a country’s carbon emissions, carbon tax, R&D, and population increase. The analysis of carbon reduction policies, especially carbon tax and their general impact on a country’s economy, is a unique contribution of this study. The applications of this study are to motivate governments to form a national carbon abatement policy and encourage corporate leaders to invest in clean technology to grow the economy.

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“…Currently, hydraulic fracturing has been used over a million times in the U.S. While breaking the shale and releasing the gas, hydraulic fracturing has risks and receives controversial remarks (Geny, 2010;Spellman, 2012;Ahmadi and John, 2015;Milt and Armsworth, 2017).…”

Section: Hydraulic Fracturing Technologymentioning

confidence: 99%

Cognitive Biases in Understanding the Influence of Shale Gas Exploitation: From Environmental and Economic Perspectives

Lin

Liu

et al. 2021

Front. Energy Res.

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People have higher expectations for shale gas exploitation. However, the promotion of large-scale shale gas exploitation does not seem to be as good as it seems, since the extraction technology - hydraulic fracturing - harms the environment, which causes cognitive biases. This paper reviews studies that estimate the environmental and economic influence of the fracturing process in the U.S. and China to help people better understand the shale gas exploitation. It summarizes the methodological issues and results of main projections. There are shared problems in evaluating the influence of shale gas development due to limited identification methods, data sources and advancing exploitation technologies. Little research values the environmental influence of shale gas development in social benefit or economic benefit. Though varies significantly across various plays and parameter compared with conventional gases, previous researches indicate that water use for shale gas development will not affect the local water supply vastly, and the ultimate influence relies on the water management method. Moreover, compared with conventional natural gas and other energy resources, freshwater consumption about shale gas exploration is decreasing with the progress of exploration technology, while its life-cycle GHG emissions are greater in the long term.

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Performance of a cap and trade system for managing environmental impacts of shale gas surface infrastructure

Cited by 8 publications

References 36 publications

Systematically Incorporating Environmental Objectives into Shale Gas Pipeline Development: A Binary Integer, Multiobjective Spatial Optimization Model

Systematically Incorporating Environmental Objectives into Shale Gas Pipeline Development: A Binary Integer, Multiobjective Spatial Optimization Model

Emissions Reduction Policies and Their Effects on Economy

Cognitive Biases in Understanding the Influence of Shale Gas Exploitation: From Environmental and Economic Perspectives

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