Valuing the Environmental Impacts of Electricity Generation: A Critical Survey

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RR-03-05.pdf

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/58903 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/58903 http://eprints.org/relation/isIndexCodesVersionOf https://pure.iiasa.ac.at/id/document/58903 archive 351 disk0/00/00/67/84 2016-01-15 02:14:59 2021-08-27 17:37:30 2016-01-15 02:14:59 monograph show 1 Sundqvist T. Soederholm P. Valuing the Environmental Impacts of Electricity Generation: A Critical Survey pub iis_ene iis_env prog_ecs This article provides a critical survey of a large number of studies carried out during the 1980s and 1990s that have focused on valuing the external, primarily environmental, costs associated with electricity generation. It discusses a number of conceptual, policy-related and, in some cases, unresolved questions in economic valuation of these types of impacts. These include: (a) the definition of externalities; (b) the choices of scope, relevant parameter input assumptions, and methodology; (c) the role of 'green' consumer demand in replacing environmental cost assessments; and (d) the behavioral assumptions underlying environmental impact valuation. By analyzing these issues we gain an increased understanding of the reasons for the wide disparity in external cost estimates reported in previous studies. The article also concludes that in cases where the results of electricity externality studies are utilized as a basis for policy purposes, a conflict between the economic efficiency criterion, its theoretical foundations and other - not necessarily less legitimate - goals of policy may exist. 2002 published RR-03-005. Reprinted from The Journal of Energy Literature, VIII(2):3-41 [December 2002]. RP-03-005 Reprinted from The Journal of Energy Literature; VIII(2):3-41 [December 2002] 10 ar03 public research_reprint The Journal of Energy Literature IIASA, Laxenburg, Austria 44 TRUE FALSE info:eu-repo/semantics/book