World Bank / by Alberto Valdés and William Foster http://bit.ly/qa3ZSz [Abstract] This study examines recent effective rates of protection across the Egyptian economy, using an ad valorem price wedge introduced by nontariff barriers and energy subsidies, and compares today’s effective rates of protection with those of a decade ago. The study uses 23 aggregated sectors … Continue reading »
Posted on July 24, 2011 …
Under What Conditions Does a Carbon Tax on Fossil Fuels Stimulate Biofuels?
World Bank / by by Govinda R. Timilsina, Stefan Csordás, and Simon Mevel http://bit.ly/nrV0g6 [Abstract] A carbon tax is an efficient economic instrument to reduce emissions of carbon dioxide released from fossil fuel burning. Its impacts on production of renewable energy depend on how it is designed — particularly in the context of the penetration … Continue reading »
Strategic Climate Policy with Offsets and Incomplete Abatement : Carbon Taxes Versus Cap-and-trade
World Bank / by Jon Strand http://bit.ly/qQ8muo [Abstract] This paper provides a first analysis of optimal offset policies by a “policy bloc” of fossil fuel importers implementing a climate policy, facing a (non-policy) fringe of other importers, and a bloc of fuel exporters. The policy bloc uses either a carbon tax or a cap-and-trade scheme, … Continue reading »
World Oil Price and Biofuels : A General Equilibrium Analysis
World Bank / by Govinda R. Timilsina, Simon Mevel, and Ashish Shrestha http://bit.ly/oSglCm [Abstract] The price of oil could play a significant role in influencing the expansion of biofuels. However, this issue has not been fully investigated yet in the literature. Using a global computable general equilibrium model, this study analyzes the impact of oil … Continue reading »
Biofuels and Climate Change Mitigation : a CGE Analysis Incorporating Land-use Change
World Bank / by Govinda R. Timilsina and Simon Mevel http://bit.ly/mSBIYw [Abstract] The question of whether biofuels help mitigate climate change has attracted much debate in the literature. Using a global computable general equilibrium model that explicitly represents land-use change impacts due to the expansion of biofuels, this study attempts to shed some light on … Continue reading »
Restarting “the Engine” — Securing American Jobs, Investment, and Energy Security: The Importance to the US Economy of Restarting the Offshore Oil and Gas Exploration and Development Industry
IHS Inc. http://www.ihs.com/images/IHS_Report_Restarting_the_Engine_21July11.pdf [From a Houston Chronicle story by Tom Fowler] Faster permitting of offshore oil and gas projects could create nearly 230,000 new jobs in 2012 and boost the economy by $44 billion, including a surge in federal and state tax revenues, according to an industry-funded study put out today by IHS-CERA. The job … Continue reading »
Technical Evaluation Report on the Content of the U.S. Department of Energy’s Yucca Mountain Repository License Application: Postclosure Volume: Repository Safety After Permanent Closure
US Nuclear Regulatory Commission, Office of Nuclear Material Safety and Safeguards, Division of High-Level Waste Repository Safety http://pbadupws.nrc.gov/docs/ML1119/ML111990436.pdf [From an AP story by Ken Ritter] A Nuclear Regulatory Commission report released Thursday makes no conclusions about whether entombing the nation’s most radioactive material at the Yucca Mountain site in the desert northwest of Las Vegas … Continue reading »
Mexico Country Analysis Brief
US DOE, EIA http://www.eia.gov/countries/country-data.cfm?fips=MX Mexico is a major non-OPEC oil producer and the United States’ second largest source of oil imports. Mexico produced slightly less than 3 million barrels of oil per day (bpd) in 2010, a 500,000 bpd decrease since 2007. EIA projects that Mexico will become a net oil importer by 2020.
Review of Emerging Resources: U.S. Shale Gas and Shale Oil Plays
US DOE, EIA http://www.eia.gov/analysis/studies/usshalegas/ To gain a better understanding of the potential U.S. domestic shale gas and shale oil resources, EIA commissioned INTEK, Inc. to develop an assessment of onshore Lower 48 States technically recoverable shale gas and shale oil resources. This paper briefly describes the scope, methodology, and key results of the report and … Continue reading »
EPA Issues Final Guidance for Surface Coal Mining Activities under Clean Water Act Section 404
US EPA http://water.epa.gov/lawsregs/guidance/wetlands/mining.cfm [From Press Release] The U.S. Environmental Protection Agency (EPA) today released final guidance on Appalachian surface coal mining, designed to ensure more consistent, effective, and timely review of surface coal mining permits under the Clean Water Act and other statutes… • In January 2010, EPA worked with the Corps on the Hobet … Continue reading »