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No Book Review

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Year: 2009
Volume: Volume 30
Number: Special Issue
DOI: 10.5547/ISSN0195-6574-EJ-Vol30-NoSI-14
No Abstract



No Book Review

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Year: 2009
Volume: Volume 30
Number: Special Issue #2
DOI: 10.5547/ISSN0195-6574-EJ-Vol30-NoSI2-11
No Abstract



No Book Review

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Year: 2008
Volume: Volume 29
Number: Special Issue #2
DOI: 10.5547/ISSN0195-6574-EJ-Vol29-NoSI2-10
No Abstract



Front & Back Matter

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Year: 2018
Volume: Volume 39
Number: Number 1
DOI:
No Abstract



Internal Carbon Financing with Transferable Offsets from Renewable Portfolio Standard

Jongmin Yu and Hyo-Sun Kim

Year: 2021
Volume: Volume 42
Number: Number 2
DOI: 10.5547/01956574.42.2.joyu
View Abstract

Abstract:
Power generation under the Renewable Portfolio Standard (RPS) can reduce greenhouse gas emissions below the baseline level, so entities may argue to use this attribute to meet the goal of Emission Trading Scheme (ETS). Although these two quantity-based regulation systems have different policy objectives, both mechanisms are implicitly linked by credit conversions depending on credit prices. This paper builds an analytic partial equilibrium model and derives market equilibria in a closed form to demonstrate how each mechanism influences the other by policy instruments such as a renewable requirement, a reduction target in greenhouse gas emission, levels of penalties, or marginal costs. We can compare "direct vs indirect" effectiveness of a regulatory changes across both markets with the case where converting renewable offsets are completed prohibited.



Front & Back Matter

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Year: 2017
Volume: Volume 38
Number: Number 6
DOI:
No Abstract



No Book Review

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Year: 2008
Volume: Volume 29
Number: Special Issue
DOI: 10.5547/ISSN0195-6574-EJ-Vol29-NoSI-9
No Abstract



No Book Review

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Year: 2006
Volume: Multi-Greenhouse Gas Mitigation and Climate Policy
Number: Special Issue #3
DOI: 10.5547/ISSN0195-6574-EJ-VolSI2006-NoSI3-27
No Abstract



(No Book Reviews)

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Year: 2006
Volume: Endogenous Technological Change
Number: Special Issue #1
DOI: 10.5547/ISSN0195-6574-EJ-VolSI2006-NoSI1-14
No Abstract



No Book Review

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Year: 2006
Volume: Hybrid Modeling
Number: Special Issue #2
DOI: 10.5547/ISSN0195-6574-EJ-VolSI2006-NoSI2-10
No Abstract



No Book Review

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Year: 2010
Volume: Volume 31
Number: Special Issue
DOI: 10.5547/ISSN0195-6574-EJ-Vol31-NoSI-10
No Abstract



No Book Review

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Year: 2013
Volume: Volume 34
Number: Number 3
DOI:
No Abstract



Book Reviews

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Year: 2014
Volume: Volume 35
Number: Number 1
DOI:
No Abstract



No Book Review

Year: 2011
Volume: Volume 32
Number: Special Issue
DOI:
No Abstract



BOOK REVIEW

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Year: 2012
Volume: Volume 33
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol33-No1-9
No Abstract



No Book Review this Issue

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Year: 2012
Volume: Volume 33
Number: Number 3
DOI:
No Abstract



Book Reviews

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Year: 2014
Volume: Volume 35
Number: Number 2
DOI:
No Abstract



Foreword to the Special Issue on Renewables and Diversification in Heavily Energy Subsidized Economies

Carlo Andrea Bollino, David Hobbs, Lester C. Hunt, and Nora Nezamuddin

Year: 2017
Volume: Volume 38
Number: KAPSARC Special Issue
DOI: 10.5547/01956574.38.SI1.cbol
No Abstract



Front & Back Matter

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Year: 2017
Volume: Volume 38
Number: KAPSARC Special Issue
DOI:
No Abstract



No Book Reviews

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Year: 2016
Volume: Volume 37
Number: China Special Issue
DOI:
No Abstract



No Book Reviews

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Year: 2015
Volume: Volume 36
Number: Adelman Special Issue
DOI:
No Abstract



Front & Back Matter

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Year: 2017
Volume: Volume 38
Number: Number 5
DOI:
No Abstract



Front & Back Matter

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Year: 2017
Volume: Volume 38
Number: Number 1
DOI:
No Abstract



Front & Back Matter

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Year: 2017
Volume: Volume 38
Number: Number 2
DOI:
No Abstract



Front & Back Matter

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Year: 2017
Volume: Volume 38
Number: Number 3
DOI:
No Abstract



Front & Back Matter

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Year: 2017
Volume: Volume 38
Number: Number 4
DOI:
No Abstract



America's Energy Choices - Presidential Address

Sam H. Schurr

Year: 1980
Volume: Volume 1
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No1-1
View Abstract

Abstract:
In trying to decide on a topic for this address I found myself wavering between a talk that would review this first, eventful year in the life of our Association as opposed to a subject which would be more substantive in nature. Substance finally won out, partly be-cause of personal preference, and partly because of the advice of others. The remarkable progress of the Association is something we are all proud of, but I believe that it has been-and will continue to be-well documented in many ways familiar to all of us. The forth-coming appearance in the near future of the Association's own professional journal will be a signal event in the unfolding story of the Association's successful development.



The Energy Crisis and Macroeconomic Policy

William D. Nordhaus

Year: 1980
Volume: Volume 1
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No1-2
View Abstract

Abstract:
It is hard to find an issue more confusing than energy policy. Is there a shortage of oil? Why? How long will the shortages last? Who's to blame? What will be the supply and demand response to price decontrol? What are the appropriate policy responses today? Can the president or the secretary of energy or the Congress be trusted to find the answers? And so on.



Energy Policy: An Economist's Confessions

James R. Schlesinger

Year: 1980
Volume: Volume 1
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No1-3
View Abstract

Abstract:
It is a particular pleasure to be addressing an association of professional colleagues. I must concede it is the first time that I have done so since I was on the faculty at the University of Virginia. The atmosphere here is a little bit chilly; you can rest assured that when our rulemaking on temperature control takes effect on July 1, you will not have this experience.



Residential Electricity Revisited

Hendrik S. Houthakker

Year: 1980
Volume: Volume 1
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No1-4
View Abstract

Abstract:
The following is a report on various attempts to update and improve an earlier analysis of residential electricity demand (Houthakker, Verleger, and Sheehan, 1974-hereafter referred to as HVS). To understand what is new the reader should first know what has been maintained, namely:1. the logarithmic flow-adjustment model which estimates this year's consumption from last year's consumption, this year's price and income, and possibly (though not in HVS) from other variables,2. the pooling of annual time series for 48 states using the error component approach of Balestra & Nerlove, 3. the use of a "marginal price" for electricity.The present paper may be regarded as a verification of the first of these hypotheses, and to some extent of the other two.



The Clumsy Cartel

M.A. Adelman

Year: 1980
Volume: Volume 1
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No1-5
View Abstract

Abstract:
The recent price explosions in the world oil market result from the tardy recognition of the post-1973 consumption slowdown. Such odd results could not happen in a competitive market, but they are not at all strange in the world of the cartel. An analogy may help explain. A diver in the sea cannot go lower than the sea floor, nor higher than the water's surface. He is nearly weightless, and can float at any depth between these extremes, but the slightest impact or effort sends him up or down. Similarly, in any market, the price cannot drop below incremental cost, since such a drop would choke off supply, nor can it rise above the level that would maximize profit to a monopoly, since the monopoly would gain by putting the price back down. But in a once-competitive market, where the price has been rising toward some unknown monopoly optimum, the price can hold steady or can move drastically up or down in response to very slight impulses. In this range the price may show no response, or even a perverse response, to changes in demand. Since 1973, price response has been perverse. This was clearly the case in 1974, as the world headed into recession. It is so again in 1979.During 1973-1978, real incomes in the non-Communist indus-trialized countries rose 13 percent, but oil use nevertheless was flat at approximately 50 million barrels daily (MBD). Exports



The World Oil Market: An Exporter's View

Alirio A. Parra

Year: 1980
Volume: Volume 1
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No1-6
View Abstract

Abstract:
I am deeply honored to be part of this distinguished panel and to address my professional colleagues on the occasion of the first annual meeting of the International Association of Energy Econo-mists.



Coal Policy and Energy Economics

Richard L. Gordon

Year: 1980
Volume: Volume 1
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No1-8
View Abstract

Abstract:
With the flurry of legislation in 1977 further inhibiting coal consumption and production, it became apparent to many observers that coal had joined oil, gas, and nuclear energy as a tightly regulated industry. Since by now this observation has been widely dissemi-nated, it seems most appropriate here only to summarize the nature of the barriers and their obvious implications. Then emphasis can be placed on the perspectives that economic analyses can provide for evaluating the issues.



Coal Liquefaction

George R. Hill

Year: 1980
Volume: Volume 1
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No1-9
View Abstract

Abstract:
The relative quantities of coal, petroleum (plus natural gas liquids), and natural gas proved and currently available in the United States are 18 X 1015 British thermal units (Btu), 3.7 X 1015 Btu, and 2.5 X 1015 Btu, respectively. The relative total recoverable resources are 134 X 1015 Btu for coal, 11.2 X 1015 Btu for petro-leum, and 9.5 X 1015 Btu for natural gas (Parent, 1979). Since coal represents roughly 86 percent of the total U.S. resource, one would expect its use to approximate that percentage of the energy input in the United States. But actually, the percentage of coal in the fossil energy input is only 21 percent. Petroleum and natural gas consumption accounts for nearly 75 percent. Almost half (48 percent) of the fossil energy used in the United States consists of petroleum and its products. Since some 45 percent of this petro-leum must now be imported, it is essential that our primary re-source, coal, be used in increasing amounts. This paper presents



Comments on Coal Liquefaction

L.E. Swabb, Jr.

Year: 1980
Volume: Volume 1
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No1-10
View Abstract

Abstract:
Dr. Hill has given an excellent, comprehensive review of the various coal liquefaction development programs that are now in progress. In view of the limited time, I would like to comment on just one subject-the economics of coal liquefaction and the impact of the economic basis on product cost. This would appear appro-priate to the interests of this audience, as well as an important consideration when evaluating costs quoted by various sources.My comments are based on a commercial plant study design for the Exxon Donor Solvent (EDS) process made in 1975-1976 and published in an EDS project report in January 1978. This study design is now being updated, and the new coal liquids costs are probably going to change. However, the old data will serve toillustrate the point I wish to make.




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