000			01509nam a22001577a 4500
999			_c514168 _d514168
008			201012b ||||| |||| 00| 0 eng d
100			_aGerarden, Todd D., W. Spencer Reeder, and James H. Stock _918543
245			_aFederal coal program reform, the clean power plan, and the interaction of upstream and downstream climate policies
260			_aAmerican Economic Journal: Economic Policy
300			_a12(1), Feb, 2020: p. 167-99.
520			_aCan supply-side environmental policies that limit the extraction of fossil fuels reduce CO2 emissions? This paper studies interactions between a specific supply-side policy—a carbon surcharge on federal coal royalties—and regulation of emissions from the power sector under the Clean Air Act. Estimates from a detailed dynamic model of the power sector suggest that, absent new downstream regulation, a royalty surcharge equal to the social cost of carbon would generate three-quarters of the emissions reductions originally projected for the Clean Power Plan (CPP), with an average abatement cost roughly equal to the social cost of carbon. Were the CPP in place, the royalty surcharge would reduce emissions by reducing leakage and causing the CPP to be nonbinding in some scenarios. - Reproduced
650			_aNonrenewable resources and conservation: Government policy, Climate, Natural disasters, Disaster management, Global warming _918544
773			_aAmerican Economic Journal: Economic Policy
906			_aENVIRONMENTAL ECONOMICS
942			_cAR