Replication data for: Strategic Policy Choice in State-Level Regulation: The EPA's Clean Power Plan
Replication data for: Strategic Policy Choice in State-Level Regulation: The EPA's Clean Power Plan
复制标题
复制数据:州级监管中的战略政策选择:美国环保局的清洁能源计划
DOI:
10.3886/e114648v1
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发表时间:
2019
期刊:
影响因子:
--
通讯作者:
Christopher R. Knittel
中科院分区:
文献类型:
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作者:
J. Bushnell;S. Holland;Jonathan E. Hughes;Christopher R. Knittel
The EPA’s Clean Power Plan sets goals for CO2 emissions rate reductions by 2030 that vary substantially across states. States can choose the regulatory mechanism they use and whether or not to join with other states in implementing their goals. We analyze incentives to adopt rate standards versus cap-and-trade with theory and simulation. We show conditions where adoption of inefficient rate standards is a dominant strategy from both consumers’ and generators’ perspectives. Numerical simulations of the western electricity system highlight incentives for uncoordinated policies that lower welfare and increase emissions relative to coordination. (JEL H76, Q53, Q54, Q58)