The Effects of Fuel Prices, Environmental Regulations, and Other Factors on US Coal Production, 2008-2016

被引：30
作者：
Coglianese, John [1 ]
Gerarden, Todd D. [2 ]
Stock, James H. [3 ,4 ,5 ]
机构：
[1] Board Governors Fed Reserve Syst, Res & Stat Div, Washington, DC USA
[2] Cornell Univ, Charles H Dyson Sch Appl Econ & Management, Ithaca, NY 14853 USA
[3] Harvard Univ, Dept Econ, Polit Econ, Cambridge, MA 02138 USA
[4] Harvard Univ, Harvard Kennedy Sch, Cambridge, MA 02138 USA
[5] NBER, Cambridge, MA 02138 USA
来源：
ENERGY JOURNAL | 2020年 / 41卷 / 01期
关键词：
Energy transition; Electricity; Environmental regulation; GENERATION;
D O I：
10.5547/01956574.41.1.jcog
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We decompose the decline in coal production from 2008 to 2016 into the contributions of several sources. In particular, we estimate the effects of declining natural gas prices and the introduction of new environmental regulations along with several other factors, using both monthly state-level data and annual information on coal plant closings. We estimate that the declining price of natural gas relative to coal is responsible for 92 percent of the total decline in coal production over this period and that environmental regulations account for an additional six percent, with other factors making small and offsetting contributions.
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页码：55 / 81
页数：27
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