The Valuation of Environmental Externalities in Utility Regulation

Chernick, Paul; Caverhill, Emily

doi:10.1007/978-3-642-76712-8_9

Cited by 3 publications

(1 citation statement)

References 2 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…For air emissions, we use marginal damage cost functions (MDCs) from the literature to convert environmental impacts into a common cost metric by multiplying the MDC for a specific pollutant by the total estimated emissions. The MDCs typically estimate the environmental and human health impacts of one unit of pollutant released into the environment and are derived from a series of previous studies ( − ). We estimate a range of possible costs rather than a point value because of uncertainty surrounding the actual impacts of environmental emissions and different valuation methods as well as to fluctuating fuel prices.…”

Section: Methodsmentioning

confidence: 99%

A Taxing Environment: Evaluating the Multiple Objectives of Environmental Taxes

Miranda

Hale

2002

Environ. Sci. Technol.

View full text Add to dashboard Cite

Environmental taxes have attracted attention in recent years as a tool to internalize environmental externalities. This paper evaluates Sweden's experience with environmental taxes in the energy sector by examining how environmental taxes compare with estimated environmental externalities associated with the use of oil, coal, natural gas, and forest residue fuels. We also analyze how environmental taxes influence fuel choices in the energy sector by comparing the production, environmental, and tax costs for the same fuels. We find that (i) the Swedish environmental taxes correspond imperfectly with environmental costs; (ii) the Swedish tax and subsidy system introduces changes in fuel choice decisions; (iii) the energy users are responding to the incentives created by the tax and subsidy systems in ways that are consistent with economic theory; and (iv) the Swedish experience with environmental taxes and subsidies bears directly on wider evaluations of energy policy approaches internationally.

show abstract

Section: Methodsmentioning

confidence: 99%

A Taxing Environment: Evaluating the Multiple Objectives of Environmental Taxes

Miranda

Hale

2002

Environ. Sci. Technol.

View full text Add to dashboard Cite

show abstract

Regulating the electricity supply industry by valuing environmental effects

Stirling¹

1992

Futures

View full text Add to dashboard Cite

Multi-attribute criteria applied to electric generation energy system analysis LDRD.

Kuswa¹,

Tsao²,

Drennen³

et al. 2005

View full text Add to dashboard Cite

This report began with a Laboratory-Directed Research and Development (LDRD) project to improve Sandia National Laboratories' multidisciplinary capabilities in energy systems analysis. The aim is to understand how various electricity generating options can best serve needs in the United States. The initial product is documented in a series of white papers that span a broad range of topics, including the successes and failures of past modeling studies, sustainability, oil dependence, energy security, and nuclear power. Summaries of these projects are included here. These projects have provided a background and discussion framework for the Energy Systems Analysis LDRD team to carry out an inter-comparison of many of the commonly available electric power sources in present use, comparisons of those options, and efforts needed to realize progress towards those options. A computer aid has been developed to compare various options based on cost and other attributes such as technological, social, and policy constraints. The Energy Systems Analysis team has developed a multi-criteria framework that will allow comparison of energy options with a set of metrics that can be used across all technologies. This report discusses several evaluation techniques and introduces the set of criteria developed for this LDRD. 4 ADKNOWLEDGEMENTSThanks to Lorna Greening, Robert Glass, David Borns, Marvin Gottleib, Mark Allen, Marjorie Tatro, Arnold Baker, Rush D. Robinett, Thomas Karas, Kevin Stumber, Thomas Corbet, Keith Vanderveen, Andrew Lutz, Leonard Klebanoff, Donald Hardesty, and Michael Hightower for extensive discussions and interactions with the E-LDRD team during the course of this work. 5 CONTENTS

show abstract

The Valuation of Environmental Externalities in Utility Regulation

Cited by 3 publications

References 2 publications

A Taxing Environment: Evaluating the Multiple Objectives of Environmental Taxes

A Taxing Environment: Evaluating the Multiple Objectives of Environmental Taxes

Regulating the electricity supply industry by valuing environmental effects

Multi-attribute criteria applied to electric generation energy system analysis LDRD.

Contact Info

Product

Resources

About