IDEAS home Printed from https://ideas.repec.org/a/sae/enejou/v16y1995i3p67-87.html
   My bibliography  Save this article

Regrets or No Regrets-That is the Question: Is Conservation a Costless C02 Mitigation Strategy?

Author

Listed:
  • Adam Rose
  • Shih-Mo Lin

Abstract

Based on sectoral, or partial equilibrium, analyses, energy conservation has been offered as a "no regrets" COz mitigation strategy. Ours is the first study to isolate key features of conservation strategies in a general equilibrium context. The results indicate that conservation would have slightly negative effects on the U.S. economy overall, in addition to sizable negative effects on most energy industries. Thus, while conservation may be a worthy C02 mitigation strategy, it should not be oversold as costless.

Suggested Citation

  • Adam Rose & Shih-Mo Lin, 1995. "Regrets or No Regrets-That is the Question: Is Conservation a Costless C02 Mitigation Strategy?," The Energy Journal, , vol. 16(3), pages 67-87, July.
    • Handle: RePEc:sae:enejou:v:16:y:1995:i:3:p:67-87
    DOI: 10.5547/ISSN0195-6574-EJ-Vol16-No3-3
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.5547/ISSN0195-6574-EJ-Vol16-No3-3
    Download Restriction: no
    File URL: https://libkey.io/10.5547/ISSN0195-6574-EJ-Vol16-No3-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. William R. Cline, 1992. "Economics of Global Warming, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 39, April.
    2. Shoven,John B. & Whalley,John, 1992. "Applying General Equilibrium," Cambridge Books, Cambridge University Press, number 9780521266550, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Govinda R. Timilsina & Ram M. Shrestha, 2003. "General equilibrium analysis of economic and environmental effects of carbon tax in a developing country: case of Thailand," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 5(3), pages 179-211, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kurtze, Christiane & Springer, Katrin, 1999. "Modelling the economic impact of global warming in a general equilibrium framework," Kiel Working Papers 922, Kiel Institute for the World Economy (IfW Kiel).
    2. Ruiz Estrada, Mario Arturo, 2013. "The Macroeconomics evaluation of Climate Change Model (MECC-Model): The case Study of China," MPRA Paper 49158, University Library of Munich, Germany, revised 18 Aug 2013.
    3. Haider A. Khan, 2007. "Social Accounting Matrix: A Very Short Introduction for Economic Modeling," CIRJE F-Series CIRJE-F-477, CIRJE, Faculty of Economics, University of Tokyo.
    4. Steve Newbold & Charles Griffiths & Christopher C. Moore & Ann Wolverton & Elizabeth Kopits, 2010. "The "Social Cost of Carbon" Made Simple," NCEE Working Paper Series 201007, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Aug 2010.
    5. Pizer, William A., 1999. "The optimal choice of climate change policy in the presence of uncertainty," Resource and Energy Economics, Elsevier, vol. 21(3-4), pages 255-287, August.
    6. Matthias Schmidt & Hermann Held & Elmar Kriegler & Alexander Lorenz, 2013. "Climate Policy Under Uncertain and Heterogeneous Climate Damages," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(1), pages 79-99, January.
    7. Bjarne S. Jensen, 2004. "Pareto Efficiency, Relative Prices, and Solutions to CGE Models," DEGIT Conference Papers c009_006, DEGIT, Dynamics, Economic Growth, and International Trade.
    8. Karim, Mohamed, 2013. "Taxation of agricultural sector in Morocco. An Analysis using a Dynamic Computable General Equilibrium Model," MPRA Paper 45622, University Library of Munich, Germany.
    9. Govinda R. Timilsina & Ram M. Shrestha, 2002. "General equilibrium analysis of economic and environmental effects of carbon tax in a developing country: case of Thailand," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 5(3), pages 179-211, September.
    10. Govinda R. Timilsina & Ram M. Shrestha, 2003. "General equilibrium analysis of economic and environmental effects of carbon tax in a developing country: case of Thailand," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 5(3), pages 179-211, April.
    11. Drennen, Thomas E. & Erickson, Jon D. & Chapman, Duane, 1993. "Solar Power and Climate Change Policy in Developing Countries," Staff Papers 121345, Cornell University, Department of Applied Economics and Management.
    12. Tamazian, Artur & Bhaskara Rao, B., 2010. "Do economic, financial and institutional developments matter for environmental degradation? Evidence from transitional economies," Energy Economics, Elsevier, vol. 32(1), pages 137-145, January.
    13. Simonis, Udo E., 1996. "Internationally tradeable emission certificates: efficiency and equity in linking environmental protection with economic development," Discussion Papers, Research Professorship Environmental Policy FS II 96-407, WZB Berlin Social Science Center.
    14. Joseph E. Aldy & Robert N. Stavins, 2021. "Rolling The Dice In The Corridors Of Power: William Nordhaus’S Impacts On Climate Change Policy," World Scientific Book Chapters, in: Robert Mendelsohn (ed.), CLIMATE CHANGE ECONOMICS Commemoration of Nobel Prize for William Nordhaus, chapter 1, pages 1-18, World Scientific Publishing Co. Pte. Ltd..
    15. Yildiz, Özgür, 2014. "Lehren aus der Verhaltensökonomik für die Gestaltung umweltpolitischer Maßnahmen [Lessons from behavioral economics for the design of environmental policy measures]," MPRA Paper 59360, University Library of Munich, Germany.
    16. C M Dufournaud & J T Quinn & J J Harrington, 1994. "A Partial Equilibrium Analysis of the Impact of Introducing More-Efficient Wood-Burning Stoves into Households in the Sahelian Region," Environment and Planning A, , vol. 26(3), pages 407-414, March.
    17. Haraden, John, 1994. "Rebuttal to “The Marginal Cost of CO2 Emissions”," Energy, Elsevier, vol. 19(12), pages 1263-1266.
    18. Christian Azar, 1999. "Weight Factors in Cost-Benefit Analysis of Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 13(3), pages 249-268, April.
    19. Alan S. Manne & Richard G. Richels, 1994. "The Costs of Stabilizing Global C02 Emissions: A Probabilistic Analysis Based on Expert Judgments," The Energy Journal, , vol. 15(1), pages 31-56, January.
    20. Edgar Cudmore & John Whalley, 2005. "Border Delays and Trade Liberalization," NBER Chapters, in: International Trade in East Asia, pages 391-406, National Bureau of Economic Research, Inc.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:enejou:v:16:y:1995:i:3:p:67-87. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.