Replication data for: Emissions Trading, Electricity Restructuring, and Investment in Pollution Abatement

Principal Investigator(s): View help for Principal Investigator(s) Meredith Fowlie

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Project Citation:

Fowlie, Meredith. Replication data for: Emissions Trading, Electricity Restructuring, and Investment in Pollution Abatement. Nashville, TN: American Economic Association [publisher], 2010. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112358V1

Project Description

Summary: This paper analyzes an emissions trading program that was introduced to reduce smog-causing pollution from large stationary sources. Using variation in state level electricity industry restructuring activity, I identify the effect of economic regulation on pollution permit market outcomes. There are two main findings. First, deregulated plants in restructured electricity markets were less likely to adopt more capital intensive environmental compliance options as compared to regulated or publicly owned plants. Second, as a consequence of heterogeneity in electricity market regulations, a larger share of the permitted pollution is being emitted in states where air quality problems tend to be more severe. (JEL L51, L94, L98, Q53, Q58)

Scope of Project

JEL Classification:
      L51 Economics of Regulation
      L94 Electric Utilities
      L98 Industry Studies: Utilities and Transportation: Government Policy
      Q53 Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
      Q58 Environmental Economics: Government Policy

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Published Versions

V1 [2019-10-11]

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DDI 2.5

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