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Natural Resources and Conservation

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Full-Text Articles in Natural Resources Management and Policy

The Carbon Rent Economics Of Climate Policy, Matthias Kalkuhl, Robert Brecha Jan 2016

The Carbon Rent Economics Of Climate Policy, Matthias Kalkuhl, Robert Brecha

Robert J. Brecha

By reducing the demand for fossil fuels, climate policy can reduce scarcity rents for fossil resource owners. As mitigation policies ultimately aim to limit emissions, a new scarcity for “space” in the atmosphere to deposit emissions is created. The associated scarcity rent, or climate rent (that is, for example, directly visible in permit prices under an emission trading scheme) can be higher or lower than the original fossil resource rent. In this paper, we analyze analytically and numerically the impact of mitigation targets, resource availability, backstop costs, discount rates and demand parameters on fossil resource rents and the climate rent. …

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Regional Response To A Statewide Renewable Energy Standard: Status And Trends Of Wind Energy Development In West Michigan, Erik Edward Nordman Nov 2009

Regional Response To A Statewide Renewable Energy Standard: Status And Trends Of Wind Energy Development In West Michigan, Erik Edward Nordman

Erik Edward Nordman

This project used integrated assessment to explore and analyze regional response to Michigan’s renewable portfolio standard (RPS). The RPS required electric providers to generate ten-percent of their electricity from renewable sources by 2015. Wind was identified as a primary source of renewable energy, and much of the state’s wind resources are concentrated in the West Michigan coastal zone. About 28 percent of the state’s planned wind generation capacity is located in the four-county study area. Local governments vary in their current regulations for siting utility-scale wind farms, as well as in their attitudes toward them. The region has significant offshore …

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