An Econometric Analysis of the Adoption and Stringency of State Renewable Portfolio Standards
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2009
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ndltd-OhioLink-oai-etd.ohiolink.edu-osu12439528812021-08-03T05:56:21Z An Econometric Analysis of the Adoption and Stringency of State Renewable Portfolio Standards Woerman, Matthew Augustine In recent years, three pressing issues have come to the forefront of public debate in America – climate change, national security, and economic progress. In each case, a stronger emphasis on renewable energy is often given as a potential solution. In this research, I specifically focus on renewable electricity and the policies that have been used to promote or require its use throughout the United States. One of the most widely used of these policies is a state renewable portfolio standard, which mandates a specified amount of electricity that must be renewable electricity. As of April 25, 2009, 30 states, as well as the District of Columbia, had enacted renewable portfolio standards with various levels of stringency. In this research, I consider factors that have influenced state level decisions to adopt renewable portfolio policies and the stringency of the standards they have adopted. To accomplish this, in this thesis I develop two econometric models to determine what factors are influential in a state’s decision to adopt a renewable portfolio standard, as well as the stringency of the standard. The results show that six variables – retail electricity price, electricity generation from coal, per capita income, unemployment rate, Cook Partisan Voting Index, and year – are significant in determining if a state had a renewable portfolio standard in a given year, and seven variables – retail electricity price, electricity generation from coal, electricity generation from renewable energy, per capita income, unemployment rate, Cook Partisan Voting Index, and year – are significant in determining the stringency of a state’s standard. In other words, it is a combination of several different factors – state electricity markets, economic conditions, and politics – rather than simply one characteristic of the state, that appears to influence a state’s adoption of a renewable portfolio standard and the standard’s stringency. 2009-09-08 English text The Ohio State University / OhioLINK http://rave.ohiolink.edu/etdc/view?acc_num=osu1243952881 http://rave.ohiolink.edu/etdc/view?acc_num=osu1243952881 unrestricted This thesis or dissertation is protected by copyright: all rights reserved. It may not be copied or redistributed beyond the terms of applicable copyright laws. |
| collection |
NDLTD |
| language |
English |
| sources |
NDLTD |
| author |
Woerman, Matthew Augustine |
| spellingShingle |
Woerman, Matthew Augustine An Econometric Analysis of the Adoption and Stringency of State Renewable Portfolio Standards |
| author_facet |
Woerman, Matthew Augustine |
| author_sort |
Woerman, Matthew Augustine |
| title |
An Econometric Analysis of the Adoption and Stringency of State Renewable Portfolio Standards |
| title_short |
An Econometric Analysis of the Adoption and Stringency of State Renewable Portfolio Standards |
| title_full |
An Econometric Analysis of the Adoption and Stringency of State Renewable Portfolio Standards |
| title_fullStr |
An Econometric Analysis of the Adoption and Stringency of State Renewable Portfolio Standards |
| title_full_unstemmed |
An Econometric Analysis of the Adoption and Stringency of State Renewable Portfolio Standards |
| title_sort |
econometric analysis of the adoption and stringency of state renewable portfolio standards |
| publisher |
The Ohio State University / OhioLINK |
| publishDate |
2009 |
| url |
http://rave.ohiolink.edu/etdc/view?acc_num=osu1243952881 |
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