scholarly journals Using a Free Permit Rule to Forecast the Marginal Abatement Cost of Proposed Climate Policy

2016 ◽  
Author(s):  
Kyle Meng
Keyword(s):  
Climate Policy ◽  
Abatement Cost ◽  
Marginal Abatement Cost

Marginal abatement cost curves for agricultural climate policy: State-of-the art, lessons learnt and future potential

2018 ◽  
Vol 182 ◽  
pp. 705-716 ◽  
Author(s):  
Vera Eory ◽  
Sylvain Pellerin ◽  
Gema Carmona Garcia ◽  
Heikki Lehtonen ◽  
Ieva Licite ◽  
...  
Keyword(s):  
Climate Policy ◽  
State Of The Art ◽  
Abatement Cost ◽  
Marginal Abatement Cost ◽  
Lessons Learnt ◽  
Cost Curves ◽  
Future Potential

scholarly journals Using a Free Permit Rule to Forecast the Marginal Abatement Cost of Proposed Climate Policy

2017 ◽  
Vol 107 (3) ◽  
pp. 748-784 ◽  
Author(s):  
Kyle C. Meng
Keyword(s):  
Climate Policy ◽  
Stock Returns ◽  
Regression Discontinuity ◽  
Abatement Cost ◽  
Marginal Abatement Cost ◽  
Regression Discontinuity Design ◽  
Prediction Market ◽  
Market Prices ◽  
Permit Price ◽  
Bounding Analysis

This paper develops a method for forecasting the marginal abatement cost (MAC) of climate policy using three features of the failed Waxman-Markey bill. First, the MAC is revealed by the price of traded permits. Second, the permit price is estimated using a regression discontinuity design (RDD) comparing stock returns of firms on either side of the policy's free permit cutoff rule. Third, because Waxman-Markey was never implemented, I extend the RDD approach to incorporate prediction market prices which normalize estimates by policy realization probabilities. A final bounding analysis recovers a MAC range of $5 to $19 per ton CO2e. (JEL G12, G14, Q52, Q54, Q58)

Sectoral marginal abatement cost curves: implications for mitigation pledges and air pollution co-benefits for Annex I countries

2012 ◽  
Vol 7 (2) ◽  
pp. 169-184 ◽  
Author(s):  
Fabian Wagner ◽  
Markus Amann ◽  
Jens Borken-Kleefeld ◽  
Janusz Cofala ◽  
Lena Höglund-Isaksson ◽  
...  
Keyword(s):  
Air Pollution ◽  
Abatement Cost ◽  
Marginal Abatement Cost ◽  
Cost Curves

On the Impact of Innovation on the Marginal Abatement Cost Curve

2008 ◽  
Vol 10 (6) ◽  
pp. 985-1010 ◽  
Author(s):  
RABAH AMIR ◽  
MARC GERMAIN ◽  
VINCENT VAN STEENBERGHE
Keyword(s):  
Abatement Cost ◽  
Marginal Abatement Cost ◽  
Cost Curve ◽  
Marginal Abatement Cost Curve ◽  
The Impact

Marginal Abatement Cost Curves (MACC): Unsolved Issues, Anomalies, and Alternative Proposals

2017 ◽  
pp. 269-288
Author(s):  
José Luis Ponz-Tienda ◽  
Andrea Victoria Prada-Hernández ◽  
Alejandro Salcedo-Bernal ◽  
Daniel Balsalobre-Lorente
Keyword(s):  
Abatement Cost ◽  
Marginal Abatement Cost ◽  
Cost Curves
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