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Pizer, William A. (William Aaron)

Overview
Works: 18 works in 60 publications in 1 language and 676 library holdings
Genres: Case studies 
Classifications: GE180, 363.70525
Publication Timeline
Key
Publications about William A Pizer
Publications by William A Pizer
Most widely held works by William A Pizer
Reality check : the nature and performance of voluntary environmental programs in the United States, Europe, and Japan by Richard D Morgenstern( Book )
6 editions published in 2007 in English and held by 361 libraries worldwide
Since the early 1990s, voluntary programs have played an increasingly prominent role in environmental management in the U.S. and other industrialized countries. Programs have attempted to address problems ranging from climate change and energy efficiency, to more localized air and water pollution problems. But do they work? Despite a growing theoretical literature, there is limited empirical evidence on their success or the situations most conducive to the approaches. Even less is known about their cost-effectiveness. Getting credible answers is important. Research to date has been largely lim
The economics of climate change by Lawrence H Goulder( Computer File )
6 editions published in 2006 in English and held by 59 libraries worldwide
Global climate change poses a threat to the well-being of humans and other living things through impacts on ecosystem functioning, biodiversity, capital productivity, and human health. This paper briefly surveys recent research on the economics of climate change, including theoretical insights and empirical findings that offer guidance to policy makers. Section 1 frames the climate change problem and indicates the ways that economic research can address it. Section 2 describes approaches to measuring the benefits and costs associated with reducing greenhouse gas emissions. In Section 3 we discuss the implications of uncertainty for the timing and stringency of policies to address possible climate change. We then present issues related to policy design, including instrument choice (Section 4), flexibility (Section 5), and international coordination (Section 6). The final section offers general conclusions
Endogenizing technological change matching empirical evidence to modeling needs by William A Pizer( file )
5 editions published in 2007 in English and held by 48 libraries worldwide
Given that technologies to significantly reduce fossil fuel emissions are currently unavailable or only available at high cost, technological change will be a key component of any long-term strategy to reduce greenhouse gas emissions. In light of this, the amount of research on the pace, direction, and benefits of environmentally-friendly technological change has grown dramatically in recent years. This research includes empirical work estimating the magnitude of these effects, and modeling exercises designed to simulate the importance of endogenous technological change in response to climate policy. Unfortunately, few attempts have been made to connect these two streams of research. This paper attempts to bridge that gap. We review both the empirical and modeling literature on technological change. Our focus includes the research and development process, learning by doing, the role of public versus private research, and technology diffusion. Our goal is to provide an agenda for how both empirical and modeling research in these areas can move forward in a complementary fashion. In doing so, we discuss both how models used for policy evaluation can better capture empirical phenomena, and how empirical research can better address the needs of models used for policy evaluation
Indexed regulation by Richard G Newell( Computer File )
5 editions published in 2008 in English and held by 39 libraries worldwide
Seminal work by Weitzman (1974) revealed prices are preferred to quantities when marginal benefits are relatively flat compared to marginal costs. We extend this comparison to indexed policies, where quantities are proportional to an index, such as output. We find that policy preferences hinge on additional parameters describing the first and second moments of the index and the ex post optimal quantity level. When the ratio of these variables' coefficients of variation divided by their correlation is less than approximately two, indexed quantities are preferred to fixed quantities. A slightly more complex condition determines when indexed quantities are preferred to prices. Applied to climate change policy, we find that the range of variation and correlation in country-level carbon dioxide emissions and GDP suggests the ranking of an emissions intensity cap (indexed to GDP) compared to a fixed emission cap is not uniform across countries; neither policy clearly dominates the other
The competitiveness impacts of climate change mitigation policies by Joseph E Aldy( Computer File )
9 editions published between 2009 and 2011 in English and held by 38 libraries worldwide
In order to clarify ongoing debates over the competitiveness impacts of climate change regulation, we develop a precise definition that can be estimated with available domestic production, trade, and energy price data. We use this definition and a 20+ year panel of 400+ U.S. manufacturing industries to estimate and predict the effects a U.S.-only $15 per ton CO2 price. We find competitiveness effects on the order of a 1.0 to 1.3 percent decline in production among energy-intensive manufacturing industries, representing about one-third of the policy's impacts on these firms' output
Facing the climate change challenge in a global economy by Lee G Branstetter( Computer File )
5 editions published in 2012 in English and held by 32 libraries worldwide
Over the past two decades, the international community has struggled to deal constructively with the problem of mitigating climate change. This is considered by many to be the preeminent public policy challenge of our time, but actual policy responses have been relatively modest. This essay provides an abbreviated narrative history of international policy in this domain, with a special emphasis on aspects of the problem, proposed solutions, and unresolved issues that are of interest to international economists and informed observers of the global economic system. We also discuss the potential conflict that could emerge between free trade principles on the one hand and environmental policy objectives on the other
Prices versus quantities versus bankable quantities by Harrison Fell( Computer File )
7 editions published in 2012 in English and held by 32 libraries worldwide
Quantity-based regulation with banking allows regulated firms to shift obligations across time in response to periods of unexpectedly high or low marginal costs. Despite its wide prevalence in existing and proposed emission trading programs, banking has received limited attention in past welfare analyses of policy choice under uncertainty. We address this gap with a model of banking behavior that captures two key constraints: uncertainty about the future from the firm's perspective and a limit on negative bank values (e.g., borrowing). We show conditions where banking provisions reduce price volatility and lower expected costs compared to quantity policies without banking. For plausible parameter values related to U.S. climate change policy, we find that bankable quantities produce behavior quite similar to price policies for about two decades and, during this period, improve welfare by about a $1 billion per year over fixed quantities
Balancing cost and emissions certainty an allowance reserve for cap-and-trade by Brian C Murray( file )
6 editions published in 2008 in English and held by 29 libraries worldwide
On efficiency grounds, the economics community has to date tended to emphasize price-based policies to address climate change -- such as taxes or a "safety-valve" price ceiling for cap-and-trade -- while environmental advocates have sought a more clear quantitative limit on emissions. This paper presents a simple modification to the idea of a safety valve: a quantitative limit that we call the allowance reserve. Importantly, this idea may bridge the gap between competing interests and potentially improve efficiency relative to tax or other price-based policies. The last point highlights the deficiencies in several previous studies of price and quantity controls for climate change that do not adequately capture the dynamic opportunities within a cap-and-trade system for allowance banking, borrowing, and intertemporal arbitrage in response to unfolding information
Carbon markets past, present, and future by Richard G Newell( Computer File )
2 editions published in 2012 in English and held by 28 libraries worldwide
Carbon markets are substantial and they are expanding. There are many lessons from experiences over the past eight years: fewer free allowances, better management of market-sensitive information, and a recognition that trading systems require adjustments that have consequences for market participants and market confidence. Moreover, the emerging international architecture features separate emissions trading systems serving distinct jurisdictions. These programs are complemented by a variety of other types of policies alongside the carbon markets. This sits in sharp contrast to the integrated global trading architecture envisioned 15 years ago by the designers of the Kyoto Protocol and raises a suite of new questions. In this new architecture, jurisdictions with emissions trading have to decide how, whether, and when to link with one another, and policymakers overseeing carbon markets must confront how to measure the comparability of efforts among markets as well as relative to a variety of other policy approaches
Making long-term policy under uncertainty by William A Pizer( Book )
1 edition published in 1996 in English and held by 2 libraries worldwide
Special supplement on defining and trading emission targets ( Book )
1 edition published in 2003 in English and held by 1 library worldwide
Workshop report pollution abatement costs and expenditures (PACE) survey design for 2000 and beyond by Dallas Burtraw( Book )
1 edition published in 2001 in English and held by 1 library worldwide
Managing permit markets to stabilize prices by Richard G Newell( Book )
1 edition published in 2003 in English and held by 1 library worldwide
Climate policy in the United States and Japan: a workshop summary by William A Pizer( Book )
1 edition published in 2004 in English and held by 1 library worldwide
How large are the welfare gains from technological innovation induced by environmental policies? by Ian W. H Parry( Book )
1 edition published in 2002 in English and held by 1 library worldwide
The EU emissions trading directive opportunities and potential pitfalls by Joseph Kruger( Book )
1 edition published in 2004 in English and held by 1 library worldwide
Climate change catastrophes by William A Pizer( Book )
1 edition published in 2003 in English and held by 1 library worldwide
Calculating the costs of environmental regulation by William A Pizer( Book )
1 edition published in 2003 in English and held by 1 library worldwide
 
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Alternative Names
Pizer, William Aaron.
Languages
English (60)
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