A Shock to the System is a guide to the decisions that will be faced by electricity providers, customers, and policymakers. Produced by a team of analysts at Resources for the Future, this concise and balanced work provides background necessary to understand the increasing role of competition in electricity markets. The authors introduce important concepts and terminology, and offer the history of public policy regarding electricity. They identify the significant proposals for implementing competition, and examine the potential consequences for regulation, industry structure, cost recovery, and the environment.
Rules in the Making represents an attempt to revolutionize ways of thinking about regulatory decision-making. The book tries to show that statistical methodologies can be used to determine what factors are important in the establishment of government regulation by developing a mathematical model of the regulatory process and agency behavior. The model is then tested using a case study of the Environmental Protection Agency's setting of effluent discharge standards under the Clean Water Act. Originally published in 1986
Originally published in 1991, this study uses the 1983 outbreak of Giardiasis in Luzerne County, Pennsylvania as a case study to explore the social costs of waterborne illnesses to a community. With over 6,000 people affected in that particular case, Economics and Episodic Disease emphasises the importance of Federal and State drinking water standards to protect the population from contamination whilst also commenting how regulations can be applied to other areas within public health as well as how to appraise the damage caused to surface water by the release of hazardous substances. This title will be of interest to students of Environmental Studies.
This paper suggests that the environmental and commercial features of shale gas extraction do not warrant a significantly different fiscal regime than recommended for conventional gas. Fiscal policies may have a role in addressing some environmental risks (e.g., greenhouse gases, scarce water, local air pollution) though in some cases their net benefits may be modest. Simulation analyses suggest, moreover, that special fiscal regimes are generally less important than other factors in determining shale gas investments (hence there appears little need for them), yet they forego significant revenues.
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