Race, Waste and Long-Run Outcomes

Andrew B. Bernard, September 1996We examine the hypothesis that hazardous waste facilities are disproportionately located in minority neighborhoods. We also ask […]

Greenhouse Policy Architectures and Institutions

Auction Design and the Market for Sulfur Dioxide Emissions

Paul L. Joskow, Richard Schmalensee, and Elizabeth M. Bailey, August 1996Title IV of the Clean Air Act Amendments of 1990 created […]

A Review of Oil Production Capacity Expansion Costs for the Persian Gulf

M.A. Adelman, August 1996The U.S. Energy Information Agency has recently published a report prepared by Petroconsultants, Inc. that addresses the cost […]

The Competition Between Coal and Natural Gas: The Importance of Sunk Costs

A. Denny Ellerman, July 1996This paper explores the seeming paradox between the predominant choice of natural gas for capacity additions to […]

The Value of United States Oil and Gas Reserves

M.A. Adelman and G.C. Watkins, May 1996The object of this research is to estimate a time series, starting in 1979, for […]

Allowance Trading Activity and State Regulatory Rulings: Evidence from the U.S. Acid Rain Program

Elizabeth M. Bailey, March 1996Please see the update to this paper: WP-98005 – Allowance Trading Activity and State Regulatory Rulings: Evidence from […]

Why Are Allowance Prices So Low? An Analysis of the SO2 Emissions Trading Program

A. Denny Ellerman and Juan Pablo Montero, February 1996This paper presents an analysis of the reduction in SO2 emissions by electric […]