Strategic Policy Choice in State-Level Regulation: The EPA’s Clean Power Plan

Published December 2, 2014 by James B. Bushnell. View the abstract.Return to the Papers listing. | Download the paper. Flexibility in environmental regulations can lead to reduced costs if it allows additional abatement from lower cost sources or if policy tailoring and experimentation across states increases regulatory efficiency. The EPA’s 2014 Clean Power Plan, which […]

The U.S. Electricity Industry after 20 Years of Restructuring

Published September 1, 2014 by James Bushnell. View the abstract.Return to the Papers listing. | Download the paper. Prior to the 1990s, most electricity customers in the U.S. were served by regulated, vertically-integrated, monopoly utilities that handled electricity generation, transmission, local distribution and billing/collections. Regulators set retail electricity prices to allow the utility to recover […]