{"title":"环境风险证券化和Keystone XL管道","authors":"Kerry Smith","doi":"10.1515/1553-3832.1890","DOIUrl":null,"url":null,"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.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"9 1","pages":""},"PeriodicalIF":0.4000,"publicationDate":"2012-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/1553-3832.1890","citationCount":"5","resultStr":"{\"title\":\"Securitizing Environmental Risk and the Keystone XL Pipeline\",\"authors\":\"Kerry Smith\",\"doi\":\"10.1515/1553-3832.1890\",\"DOIUrl\":null,\"url\":null,\"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.\",\"PeriodicalId\":42390,\"journal\":{\"name\":\"Economists Voice\",\"volume\":\"9 1\",\"pages\":\"\"},\"PeriodicalIF\":0.4000,\"publicationDate\":\"2012-03-23\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1515/1553-3832.1890\",\"citationCount\":\"5\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Economists Voice\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1515/1553-3832.1890\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economists Voice","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1515/1553-3832.1890","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
Securitizing Environmental Risk and the Keystone XL Pipeline
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.
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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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