NDLI: Emissions Abating Technology Adoption under the SO2 Permit Market: A Social Networks Approach

Content Provider	IEEE Xplore Digital Library
Author	Creamer, B. Creamer, G.G.
Copyright Year	2013
Description	Author affiliation: Int. Food Policy Res. Inst. - IFPRI, Washington, DC, USA (Creamer, B.) \|\| Stevens Inst. of Technol., Hoboken, NJ, USA (Creamer, G.G.)
Abstract	$SO_{2},$ sulfur dioxide, emissions generated by electric power plants account for a large proportion of the total emissions in the U.S.A.. In 2008, electricity generation caused nearly 7.9 million tons of $SO_{2}$ emissions out of a total of 9.5 million tons. The negative side effects of $SO_{2}$ emissions have been thoroughly evaluated, especially health deterioration issues caused by acid rain and other unwanted impacts that generate significant social costs. In response to these effects, the U.S. Congress passed the Clear Air Act (CAA) in the 1970s to cut down $SO_{2}$ among other emissions. The CAA Amendments (CAAA) of 1990 created a competitive cap-and-trade market for $SO_{2}$ allowances that lowered overall emission levels. This paper builds a social network among the different states of U.S.A. based on the trade of coal during the period 1990 to 2005 to evaluate the factors that affect the decision of coal burning electric power firms to adopt emission abating technology. In particular, these companies follow one or a combination of these strategies to comply with the CAAA emission restrictions: 1) paying the new costs of emissions and continuing business as usual, 2) using higher quality inputs (lower sulfur coal) that generate less pollution, or 3) upgrading their processes and equipment to lower emissions. The main factors explored are prices and quantities of low and high sulfur coal, $SO_{2}$ allowances prices, and the operation and maintenance cost of abating technology (flue-gas desulfurization (FGDs) or scrubbers). This paper concludes that firms respond to the imposition of pollution control regulations by selecting a strategy that simultaneously control emissions and minimize costs. The firms reduce their pollutions using higher quality inputs (sub-bituminous coal), investing in new emission abating technology or a combination of both approaches. The longitudinal social network analysis shows that the dynamic of the fuel network where there is an increasing adoption of technology by most of the states may explain, jointly with the reduction of gas prices, the collapse of the allowance market for $SO_{2}$ after 2005.
Starting Page	744
Ending Page	749
File Size	378503
Page Count	6
File Format	PDF
ISBN	9780769551371
DOI	10.1109/SocialCom.2013.111
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2013-09-08
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Economics Social network services Coal Companies Technological change Energy economics Social networks Power systems Environmental economics Investment Computational economics
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Efficiency and Trade Network Analysis of the Electricity Market: 1985-2005

A Lead Market Approach Towards the Emergence and Diffusion of Coal-fired Power Plant Technology

Inducing low-carbon investment in the electric power industry through a price floor for emissions trading

Keys to innovation: System thinking, strategic alignment, technology focus

Transforming transmission companies into market-based regulated businesses

Silicon Valley Information Technology Industry Cluster Study of Social Capital

Network resources, technological capability building and competitive advantage in strategic networks

New electrical energy investment analysis

A Research on Evaluation of Regional Technological Innovation Ability Based on BP Neural Network

Emissions Abating Technology Adoption under the SO2 Permit Market: A Social Networks Approach

Similar Documents

Efficiency and Trade Network Analysis of the Electricity Market: 1985-2005

A Lead Market Approach Towards the Emergence and Diffusion of Coal-fired Power Plant Technology

Inducing low-carbon investment in the electric power industry through a price floor for emissions trading

Keys to innovation: System thinking, strategic alignment, technology focus

Transforming transmission companies into market-based regulated businesses

Silicon Valley Information Technology Industry Cluster Study of Social Capital

Network resources, technological capability building and competitive advantage in strategic networks

New electrical energy investment analysis

A Research on Evaluation of Regional Technological Innovation Ability Based on BP Neural Network

Emissions Abating Technology Adoption under the SO2 Permit Market: A Social Networks Approach