Climate Change Data Portal
| DOI | 10.1073/PNAS.2011969118 |
| The producer benefits of implicit fossil fuel subsidies in the United States | |
| Kotchen M.J. | |
| 发表日期 | 2021 |
| ISSN | 00278424 |
| 卷号 | 118期号:14 |
| 英文摘要 | This paper estimates the financial benefits accruing to fossil fuel producers (i.e., the producer incidence) that arise because of implicit fossil fuel subsidies in the United States. The analysis takes account of coal, natural gas, gasoline, and diesel, along with the implicit subsidies due to externalized environmental damages, public health effects, and transportation-related costs. The direct benefit to fossil fuel producers across all four fuels is estimated at $62 billion per year, a sum calculated due to the higher price that suppliers receive because of inefficient pricing compared to the counterfactual scenario where environmental and public health externalities are internalized. A significant portion of these benefits accrue to relatively few companies, and specific estimates are provided for companies with the largest production. The financial benefit because of unpriced costs borne by society is comparable to 18% of net income from continuing domestic operations for the median natural gas and oil producer in 2017-2018, and it exceeds net income for the majority of coal producers. The results clarify what the domestic fossil fuel industry has at stake financially when it comes to policies that seek to address climate change, adverse health effects from local pollution, and inefficient transportation. © 2021 National Academy of Sciences. All rights reserved. |
| 英文关键词 | Distributional consequences; Efficient pricing; Energy subsides; Externals costs |
| 语种 | 英语 |
| scopus关键词 | coal; diesel fuel; fossil fuel; gasoline; natural gas; Article; biofuel production; climate change; controlled study; cost; environmental change; environmental health; financial statement; gross national product; price; priority journal; public health; traffic and transport; United States |
| 来源期刊 | Proceedings of the National Academy of Sciences of the United States of America
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/180023 |
| 作者单位 | School of the Environment, Yale University, New Haven, CT 06511, United States; National Bureau of Economic Research, Cambridge, MA 02138, United States |
| 推荐引用方式 GB/T 7714 | Kotchen M.J.. The producer benefits of implicit fossil fuel subsidies in the United States[J],2021,118(14). |
| APA | Kotchen M.J..(2021).The producer benefits of implicit fossil fuel subsidies in the United States.Proceedings of the National Academy of Sciences of the United States of America,118(14). |
| MLA | Kotchen M.J.."The producer benefits of implicit fossil fuel subsidies in the United States".Proceedings of the National Academy of Sciences of the United States of America 118.14(2021). |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Kotchen M.J.]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Kotchen M.J.]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Kotchen M.J.]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
