Browsing by Author "Fischer, C"

Now showing 1 - 4 of 4

Open Access
Disease Risk and Market Structure in Salmon Aquaculture
(Water Economics and Policy, 2016-12) Fischer, C; Guttormsen, AG; Smith, MD
Open Access
Environmental and technology policies for climate mitigation
(Journal of Environmental Economics and Management, 2008-03-01) Fischer, C; Newell, RG
We assess different policies for reducing carbon dioxide emissions and promoting innovation and diffusion of renewable energy. We evaluate the relative performance of policies according to incentives provided for emissions reduction, efficiency, and other outcomes. We also assess how the nature of technological progress through learning and research and development (R&D), and the degree of knowledge spillovers, affects the desirability of different policies. Due to knowledge spillovers, optimal policy involves a portfolio of different instruments targeted at emissions, learning, and R&D. Although the relative cost of individual policies in achieving reductions depends on parameter values and the emissions target, in a numerical application to the U.S. electricity sector, the ranking is roughly as follows: (1) emissions price, (2) emissions performance standard, (3) fossil power tax, (4) renewables share requirement, (5) renewables subsidy, and (6) R&D subsidy. Nonetheless, an optimal portfolio of policies achieves emissions reductions at a significantly lower cost than any single policy. © 2007 Elsevier Inc. All rights reserved.
Open Access
Horizontal Equity Effects in Energy Regulation
(Journal of the Association of Environmental and Resource Economists, 2019-03) Fischer, C; Pizer, WA
Open Access
International technology-oriented agreements to address climate change
(Energy Policy, 2008-01-01) de Coninck, H; Fischer, C; Newell, RG; Ueno, T
Much discussion has surrounded possible alternatives for international agreements on climate change, particularly post-2012. Among these alternatives, technology-oriented agreements (TOAs) are perhaps the least well defined. We explore what TOAs may consist of, why they might be sensible, which TOAs already exist in international energy and environmental governance, and whether they could make a valuable contribution to addressing climate change. We find that TOAs aimed at knowledge sharing and coordination, research, development, or demonstration could increase the overall efficiency and effectiveness of international climate cooperation, but are likely to have limited environmental effectiveness on their own. Technology-transfer agreements are likely to have similar properties unless the level of resources expended is large, in which case they could be environmentally significant. Technology-specific mandates or incentives could be environmentally effective within the applicable sector, but are more likely to make a cost-effective contribution when viewed as a complement to rather than a substitute for flexible emissions-based policies. These results indicate that TOAs could potentially provide a valuable contribution to the global response to climate change. The success of specific TOAs will depend on their design, implementation, and the role they are expected to play relative to other components of the policy portfolio. © 2007 Elsevier Ltd. All rights reserved.