Securitizing Environmental Risk and the Keystone XL Pipeline

IF 0.4 Q4 ECONOMICS
Kerry Smith
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引用次数: 5

Abstract

When faced with irreversible decisions with significant uncertainty about the environmental costs of accidents, such as the Keystone XL Pipeline or hydro-fracking for natural gas, policymakers should use an environmental bond to securitize self insurance.
环境风险证券化和Keystone XL管道
当面临不可逆转的决策,且事故造成的环境成本存在重大不确定性时,比如Keystone XL管道或水力压裂法开采天然气,政策制定者应该使用环境债券将自我保险证券化。
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来源期刊
Economists Voice
Economists Voice ECONOMICS-
CiteScore
1.10
自引率
25.00%
发文量
9
期刊介绍: This journal is a non-partisan forum for economists to present innovative policy ideas or engaging commentary on the issues of the day. Readers include professional economists, lawyers, policy analysts, policymakers, and students of economics. Articles are short, 600-2000 words, and are intended to contain deeper analysis than is found on the Op-Ed page of the Wall Street Journal or New York Times, but to be of comparable general interest. We welcome submitted Columns from any professional economist. Letters to the editor are encouraged and may comment on any Column or Letter. Letters must be less than 300 words.
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