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Natural Resource Economics Commons

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Social and Behavioral Sciences

2017

Clean Power Plan

Articles 1 - 2 of 2

Full-Text Articles in Natural Resource Economics

Murray Energy Corporation V. Mccarthy, Sarah M. Danno Feb 2017

Murray Energy Corporation V. Mccarthy, Sarah M. Danno

Public Land & Resources Law Review

Holding that the widespread effects of environmental regulation on the coal industry constituted sufficient importance, the Northern District of West Virginia ordered the Environmental Protection Agency to conduct analysis on employment loss and plant reduction resulting from regulatory effects. In admonishing the EPA’s inaction, the court ruled that the Agency had a non-discretionary duty to evaluate employment and plant reduction. Furthermore, the court held that the EPA’s attempt to put forth general reports in place of required evaluations was an invalid attempt to circumvent its statutory duty.


Potential State-Level Carbon Revenue Under The Clean Power Plan, Daniel H. Karney Dec 2016

Potential State-Level Carbon Revenue Under The Clean Power Plan, Daniel H. Karney

Daniel H Karney

In 2015, the U.S. EPA issued the Clean Power Plan under which each state can set a mass-based target to meet its assigned electric power sector carbon dioxide emission reductions. If it proceeds, states can design policies to meet those requirements and also raise revenue via a carbon tax or cap-and-trade program with auctioned permits. We calculate each state’s potential revenue and demonstrate its significance. In 13 states, carbon revenue could replace all of corporate tax revenue. In addition, we collect budget projections from six key states to determine if and how carbon revenue can substantially reduce deficits. While such …