Karen Palmer

TL;DR: Porter and van der Linde as discussed by the authors argue that the traditional approach consists of comparing the beneficial effects of regulation with the costs that must be borne to secure these benefits, which is an artifact of what they see as a "static mindset."

TL;DR: The authors examined the stylized facts regarding environmental expenditures and innovation in a panel of manufacturing industries and found that lagged environmental compliance expenditures have a significant positive effect on R&D expenditures when they control for unobserved industry-specific effects.

TL;DR: In this paper, the authors evaluate the performance of the market for sulfur dioxide emission allowances and investigate whether the much-heralded fall in the cost of abating sulfur dioxide can be attributed to allowance trading.

TL;DR: In this paper, the authors investigated whether the much-heralded fall in the cost of abating SO2, compared to original estimates, can be attributed to allowance trading and demonstrated that, for plants that use low-sulfur coal to reduce SO2 emissions, technical change and the fall in prices of low sulfur coal have lowered marginal abatement cost curves by over 50 percent since 1985.

TL;DR: The authors provide an economic perspective on the range of market barriers, market failures, and behavioral failures that have been cited in the energy efficiency context and assess the extent to which these conditions provide a motivation for policy intervention in energy-using product markets, including an examination of the evidence on policy effectiveness and cost.