12.6: Sources
- Page ID
- 41970
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Figure 12.2.1: Mark Jurrens from Wikimedia Commons, licensed under the Creative Commons Attribution-ShareAlike 4.0 International license. https://commons.wikimedia.org/wiki/F...Lightbulbs.jpg.
Figure 12.2.2: Image by Geoffrey Landis at English Wikipedia, licensed under the Creative Commons Attribution 3.0 Unported license. https:// commons.wikimedia.org/wiki/File:LED_bulbs.jpg.
Figure 12.3.1: Data from Point Carbon. Retrieved August 2008 from http:// www.pointcarbon.com.
Figure 12.3.2: Data from California Carbon Dashboard, http://www .calcarbondash.com, and the California Air Resources Board, https://www .arb.ca.gov/cc/capandtrade/auction/auction.htm.
Figure 12.4.1: Data from the US Energy Information Administration. https:// www.eia.gov/environment/data.php#summary.
Figure 12.4.2: Data from the National Highway Traffic Safety Administration.
Sources for the Text and Additional Reading
12.1 Incentives and the Source of Cost-Effectiveness
Allcott, H., Mullainathan, S., and Taubinsky, D. 2014. Energy policy with externalities and internalities. Journal of Public Economics 112, 72–88.
Benabou, R., and Tirole, J. 2006. Incentives and prosocial behavior. American Economic Review 96(5), 1652–1678.
12.2 Current Policy: Market-Based and Regulatory Examples
Economists’ statement on carbon dividends: bipartisan agreement on how to combat climate change. 2019, January 16. Wall Street Journal. https:// www.wsj.com/articles/economists-statement-on-carbon-dividends -11547682910.
Goulder, L. H. 1995. Environmental taxation and the “double dividend”: a reader’s guide. International Tax and Public Finance 2(2), 157–183.
Jacobsen, M., LaRiviere, J., and Price, M. 2017. Public policy and the private provision of public goods under heterogeneous preferences. Journal of the Association of Environmental and Resource Economists 4(1), 243–280.
Murray, B., and Rivers, N. 2015. British Columbia’s revenue-neutral carbon tax: a review of the latest “grand experiment” in environmental policy. Energy Policy 86, 674–683.
Yamazaki, A. 2017. Jobs and climate policy: evidence from British Columbia’s revenue‐neutral carbon tax. Journal of Environmental Economics and Management 83, 197–216.
12.3 Cap and Trade
Koch, N., et al. 2014. Causes of the EU ETS price drop: recession, CDM, renewable policies or a bit of everything? New evidence. Energy Policy 73, 676–685.
Kruger, J., Oates, W., and Pizer, W. 2007. Decentralization in the EU Emissions Trading Scheme and lessons for global policy. Review of Environmental Economics and Policy 1(1), 112–133.
Newell, R., and Pizer, W. 2003. Regulating stock externalities under uncertainty. Journal of Environmental Economics and Management 45(2), 416–432.
12.4 In Depth: Incentives in US Automobile Policy
Allcott, H., and Wozny, N. 2014. Gasoline prices, fuel economy, and the energy paradox. Review of Economics and Statistics 96, 5.
Bento, A. M., et al. 2009. Distributional and efficiency impacts of increased US gasoline taxes. American Economic Review 99(3), 667–699.
Busse, M. R., Knittel, C. R., and Zettelmeyer, F. 2013. Are consumers myopic? Evidence from new and used car purchases. American Economic Review 103(1), 220–256.
Ito, K., and Sallee, J. M. 2018. The economics of attribute-based regulation: theory and evidence from fuel economy standards. Review of Economics and Statistics 100(2), 319–336.
Jacobsen, M. 2013. Evaluating US fuel economy standards in a model with producer and household heterogeneity. American Economic Journal: Economic Policy 5(2), 148–187.
Knittel, C. 2011. Automobiles on steroids: product attribute trade-offs and technological progress in the automobile sector. American Economic Review 101(7), 3368–3399.
Sallee, J. M. 2019. Pigou creates losers: on the implausibility of achieving Pareto improvements from efficiency-enhancing policies. Working paper. University of California, Berkeley

