Navigation Links
Buy coal? New analysis shows purchasing fossil fuel deposits best way to fight climate change
Date:4/11/2012

Environmental policy has historically been driven by a demand-side mindset attempting to limit consumption of precious fossil fuels through pollution permits, taxation, and multi-national climate change treaties. However, new research from the Kellogg School of Management at Northwestern University suggests that actually buying coal, oil and other dirty fossil fuel deposits still in the ground could be a far better way to fight climate change.

The new study, "Buy Coal! A Case for Supply-Side Environmental Policy," suggests that the single best policy for a multi-national climate coalition is to purchase the extraction rights of dirty fossil fuels in non-participating countries (also called "third countries"), and then conserve rather than exploit the deposits. According to the study's author, Bard Harstad, this would be a radical departure from the traditional view that focuses on reducing the demand for fuel.

"One of the biggest challenges for multi-national climate agreements is the role of non-participating countries. If a climate coalition reduces demand for fossil fuel, the world price of oil goes down and non-participating countries find it profitable to consume and pollute more. Similarly, if the coalition seeks to reduce the supply or extraction of fossil fuels, the world price increases and these countries find it optimal to supply more," said Harstad, associate professor of managerial economics & decision sciences and Max McGraw Chair in Management & Environment at the Kellogg School of Management. "Thus, both on the demand-side and the supply-side the result is carbon leakage, which is an increase in pollution abroad relative to the emission-reduction at home. To limit carbon leakage, the coalition may set up tariffs or other border measures, but this will distort trade."

"In my analysis, I show that by letting coalition countries buy extraction rights in third countries and preserve rather than exploit the fuel deposit
'/>"/>

Contact: Betsy Berger
b-berger@kellogg.northwestern.edu
847-467-3108
University of Chicago Press Journals
Source:Eurekalert

0

GOOD

Page: 1 2

Related biology news :

1. Analysis of stickleback genome sequence catches evolution in action
2. A new application allows online statistical analysis of gene-expression data
3. New analysis of premature infants heartbeats, breathing could be cues for leaving NICU
4. Beyond the microscope: Identifying specific cancers using molecular analysis
5. Analysis of generalized linear mixed models
6. Psychemedics Awarded Patent Fundamental To Hair Analysis Drug Testing
7. Sweeping genetic analysis of rare disease yields common mechanism of hypertension
8. Elusive ultrafine indoor air contaminants yield to NIST analysis
9. Report provides new analysis of carbon accounting, biomass use, and climate benefits
10. Deep words, shallow words: An initial analysis of water discourse in 40 years of UN declarations
11. Thin - Film Photovoltaic (PV) Cells Market Analysis to 2020 - CIGS (Copper Indium Gallium Diselenide) to Emerge as the Major Technology by 2020
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/20/2013)... the lungs of the planet, inhales carbon dioxide as it ... grow parts that eventually fall to the ground to decompose ... , Until recently people believed much of the rain forest,s ... in the ocean. University of Washington research showed a decade ... though left open the question of how that was possible, ...
(Date:5/20/2013)... grant will help establish the Center for Advanced Research ... of Illinois at Urbana-Champaign and Worcester Polytechnic Institute (WPI) ... research in drying moist, porous materials such as food ... products; textiles; and biopharmaceuticals," said Hao Feng, a U ... and the Illinois site director. , According to Feng, ...
(Date:5/20/2013)... the University of Bristol and published online today in ... on how the brain and inner ear developed in ... Earth Sciences, together with Tom Hbner from the Niederschsische ... million year old dinosaurs. , The two palaeontologists studied ... : a very young (juvenile) individual of approximately ...
Breaking Biology News(10 mins):Amazon River exhales virtually all carbon taken up by rain forest 2Amazon River exhales virtually all carbon taken up by rain forest 3NSF approves planning grant for Center for Advanced Research in Drying 2Fossil brain teaser 2
... mailed to several news media offices and two U.S. ... the Senate office building of the spores with chlorine ... Accountability Office. Cleaning the Brentwood postal facility outside Washington ... Researchers at the Georgia Tech Research Institute (GTRI) in ...
... 2008) − A multi-center research project to investigate severe asthma ... forms of the disease, a finding that could help explain ... treatment. The study from the Severe Asthma Research Program ... more likely to show signs of air trapping in the ...
... A Canada-U.S. research team has found that commercial ... water quality in coastal waters. In the latest issue ... that the collapse of the fisheries from decades of ... the balance between nitrogen entering and leaving costal water ...
Cached Biology News:New decontamination system kills anthrax rapidly without lingering effects 2New decontamination system kills anthrax rapidly without lingering effects 3New decontamination system kills anthrax rapidly without lingering effects 4Severe asthma may be a different form of the disease 2Severe asthma may be a different form of the disease 3Bad news for coastal ocean: less fish out, means more nitrogen in 2
(Date:5/21/2013)... York , May 21, 2013 ... Transparency Market Research ( http://www.transparencymarketresearch.com ) "Biochip Products and ... IVD Tests) - U.S. Industry Analysis, Size, Share, Growth, Trends and ... billion in 2011 and is expected to grow at ... reach an estimated value of USD 4.7 billion in ...
(Date:5/21/2013)... 21, 2013 Many have long discussed ... to acne. Recently physicians from Clinical Psychiatry.com ... on the skin, and suggested using hypnotherapy ... chemicals produced from stress that cause acne. , Doctors ... feelings acne brings about, stress causes changes in the ...
(Date:5/21/2013)... 21, 2013  MacroGenics, Inc. today announced that ... (MGAH22), an Fc-modified chimeric monoclonal antibody (MAb), in ... oncoprotein," will be presented at the 2013 Annual ... during the Developmental Therapeutics - Immunotherapy Oral Abstract ... 4:30 PM.  The presentation will describe the results ...
(Date:5/21/2013)... May 21, 2013  Personal Genome Diagnostics Inc. ... proprietary methodologies and expertise in genomic analysis of ... in collaboration with Blueprint Medicines.  PGDx is an ... genomic alterations in tumors, and Blueprint Medicines is ... for a genetically defined patient population. ...
Breaking Biology Technology:The U.S. Biochip Products and Services Market is Expected to Reach USD 4.7 Billion in 2018: Transparency Market Research 2The U.S. Biochip Products and Services Market is Expected to Reach USD 4.7 Billion in 2018: Transparency Market Research 3The U.S. Biochip Products and Services Market is Expected to Reach USD 4.7 Billion in 2018: Transparency Market Research 4The U.S. Biochip Products and Services Market is Expected to Reach USD 4.7 Billion in 2018: Transparency Market Research 5Adult Acne Treatment, Probiotic Action Explains How Hypnotherapy and Probiotics May Cure Various Skin Conditions 2MacroGenics Announces Margetuximab (MGAH22) Phase 1 Data Presentation at ASCO; Initiates Phase 2 Clinical Study to Evaluate Activity of Margetuximab in Patients with Metastatic Breast Cancer 2MacroGenics Announces Margetuximab (MGAH22) Phase 1 Data Presentation at ASCO; Initiates Phase 2 Clinical Study to Evaluate Activity of Margetuximab in Patients with Metastatic Breast Cancer 3Personal Genome Diagnostics And Blueprint Medicines Form Collaboration to Identify Novel Kinase Targets 2Personal Genome Diagnostics And Blueprint Medicines Form Collaboration to Identify Novel Kinase Targets 3
... Corporation (OTCBB: CDXC) announced today that its Chief Executive ... company,s business strategy and growth opportunities at the 2011 ... will be held September 11-13, 2011 at the Waldorf ... scheduled to make its presentation on Tuesday, September 13th ...
... September 6, 2011 - QIAGEN assay for ... respond to Lilly,s ,JAK2 inhibitor, and to monitor responses to ... - QIAGEN,s exclusive access to JAK2 biomarker underpins potential ... QIAGEN (NASDAQ: QGEN ; Frankfurt, Prime Standard: QIA) ...
... Spectros Corporation announced today an expansion of its ... of 3 new distributors based in Korea, Switzerland, and ... products outside of the U.S. "We are ... by the superior performance of the T-Stat® 303 VLS ...
Cached Biology Technology:ChromaDex to Present at the Rodman & Renshaw Annual Global Investment Conference 2QIAGEN to Develop New Companion Diagnostic for Compound in Clinical Trials for Blood Cancers 2QIAGEN to Develop New Companion Diagnostic for Compound in Clinical Trials for Blood Cancers 3QIAGEN to Develop New Companion Diagnostic for Compound in Clinical Trials for Blood Cancers 4Spectros Corporation Signs Distribution Agreements in Korea, Switzerland, Denmark 2
Curcumin is an extract of turmeric root with antioxidant, anti-tumor promoter, and anti-inflammatory properties. Curcumin inhibits the induction of NOS in macrophages....
... The MEGAscript RNAi Kit is ... large mass amounts of ready-to-use ... non-mammalian systems. The MEGAscript RNAi ... patented high-yield transcription technol-ogy and ...
Total Proteins from over 50 different human Alzheimer, Diabetic, Liver Cirrhosis, and Lupus diseased tissues are available....
... as building blocks, Parker can create ... solutions that are ideal for pick-and-place ... ,system, Parker can also integrate pneumatic ... and ,guarding., Standard or custom ...
Biology Products: