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Recent Reports

Dominion Virginia Power and Clean Power Plan Costs: A brief review of the Dominion’s 2015 Integrated Resource Plan compliance cost estimates

William Shobe
Dominion Virginia Power's 2015 Integrated Resource Plan filed with the State Corporation Commission presents cost estimates for complying with the proposed federal regulations, known as the Clean Power Plan (CPP), that force reductions in greenhouse gas emissions from existing power plants. The IRP incorrectly attributes to the CPP costs that would occur with or without the CPP. This and other modeling choices result in substantially overstated estimates of compliance costs.

Report on Appendix A-1 of the Virginia Energy Plan:
Impacts of Proposed Regulations under Section 111(d) of the Clean Air Act

William Shobe
A review of the Virginia Center for Coal and Energy Research cost estimates for complying with proposed federal rules limiting greenhouse gas emissions from existing power plants. The report contains a number of serious errors, greatly limiting its usefulness in evaluating state policy options.

Price and Quantity "Collars" for Stabilizing Emissions Allowance Prices: An Experimental Analysis of the EU ETS Market Stability Reserve

Charles Holt and William Shobe
This paper reports the results of a laboratory experiment with financially motivated participants that is used to compare alternative proposals for managing the time path of emissions allowance prices in the face of random firm-specific and market-level structural shocks. In this setting, market performance measures such as social surplus are enhanced by the use of a price collar (auction reserve price and soft price cap). Comparable performance enhancements are not observed with the implementation of a quantity collar that adjusts auction quantities in response to privately held inventories of unused allowances.

Virginia Local Tax Rates: 2014

John Knapp and Steve Kulp
This is the thirty-third edition of the Cooper Center annual publication on tax rates levied by Virginia local governments.

Elements of emission market design: an experimental analysis of California's market for greenhouse gas allowances

William M. Shobe, Charles A. Holt and Thaddeus Huetteman

Virginia Local Tax Rates: 2013

John Knapp and Stephen Kulp

Growing Agribusiness: The Contribution And Development Potential Of Agriculture And Forest Industry In The Danville Metropolitan Area

Terance J. Rephann and James Ellis

Banking and price containment in the California greenhouse gas emissions market: an experimental analysis of market design

Charles A. Holt and William M. Shobe

Investigation of the Effects of Emission Market Design on the Market-Based Compliance Mechanism of the California Cap on Greenhouse Gas Emissions

Charles A. Holt and William M. Shobe

Outdoor Recreation Demand for Virginia: An Analysis Using 2011 Virginia Outdoors Survey Data

Terance J. Rephann

Filling the Gaps: Dentist Disparities along the Rural Urban Continuum

Terance J. Rephann and Tanya Wanchek

Agriculture in Virginia Beach: Impact on the City Economy

Terance J. Rephann

Rethinking Environmental Federalism in a Warming World

William Shobe and Dallas Burtraw

Oral Health and the Dental Care Workforce in Southwest Virginia

Tanya Wanchek, Terance J. Rephann and William Shobe