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 | | Raymond J. Kopp | | Senior Fellow and Director, Center for Climate and Electricity Policy | |
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PROFILE |
Raymond Kopp holds Ph.D. and MA degrees in economics and an undergraduate degree in finance. He has been a member of the RFF research staff since 1977 and has held a variety of management positions within the institution.
Kopp's interest in environmental policy began in the late 1970s, when he developed techniques to measure the effect of pollution control regulations on the economic efficiency of steam electric power generation. He then led the first examination of the cost of major U.S. environmental regulations in a full, general equilibrium, dynamic context by using an approach that is now widely accepted as state-of-the-art in cost-benefit analysis.
During his career Kopp has specialized in the analysis of environmental and natural resource issues with a focus on Federal regulatory activity. He is an expert in techniques of assigning value to environmental and natural resources that do not have market prices, which is fundamental to cost-benefit analysis and the assessment of damages to natural resources.
Kopp's current research interests focus on the design of domestic and international polices to combat climate change.
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| Featured Publications | | Goings On | | James Smith, Anthony Paul, Carolyn Fischer, James W. Boyd, Elisheba Beia Spiller, Sheila M. Olmstead, Molly K. Macauley, Phil Sharp, Carolyn Kousky, Raymond J. Kopp, Dallas Burtraw, Alan J. Krupnick, Yusuke Kuwayama , P. Lynn Scarlett, Karen L. Palmer | | Resources | 2012 (181) | | | | Resources Magazine: 179 | | James W. Boyd, Joel Darmstadter, Winston Harrington, Raymond J. Kopp, Carolyn Kousky, Joshua Linn, Sheila M. Olmstead, Juha V. Siikamäki, Phil Sharp | | Resources | 2012 (179) | | | | If Walmart Were In Charge: Sourcing CO2 Emissions Reductions at Least Cost | | Raymond J. Kopp | | Resources | 2012 (179) | | | | If Walmart Were In Charge: Sourcing CO2 Emissions Reductions at Least Cost | | Raymond J. Kopp | | Issue Brief 11-14 | September 2011 | | | | Reforming Institutions and Managing Extremes U.S. Policy Approaches for Adapting to a Changing Climate | | Daniel F. Morris, Molly K. Macauley, Raymond J. Kopp, Richard D. Morgenstern | | RFF Report | May 2011 | | | | The Climate Has Changed — So Must Policy | | Raymond J. Kopp | | Issue Brief 11-03 | March 2011 | | | | Adapting to Climate Change:The Public Policy Response | | Daniel F. Morris, Molly K. Macauley, Raymond J. Kopp, Richard D. Morgenstern, Tiffany Clements | | Issue Brief 10-19 | November 2010 | | | | Feasibility Assessment of a Carbon Cap-and-Trade System for Mexico | | Dallas Burtraw, Raymond J. Kopp, Richard D. Morgenstern, Daniel F. Morris, Elizabeth Topping | | RFF Report | July 2010 | | | | The Shape of International Agreements: Political Economy Analysis of the Copenhagen Accord | | Raymond J. Kopp | | Issue Brief 10-09 | May 2010 | | | | Role of Offsets in Global and Domestic Climate Policy | | Raymond J. Kopp | | Issue Brief 10-11 | May 2010 | | | | View All Related Publications |
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BOOKS AND BOOK CHAPTERS | | Energy, Resources and Global Development | | Jeffery Chow, Raymond J. Kopp, Paul R. Portney | | Science Magazine's State of the Planet 2006-2007 | Donald Kennedy | Washington, DC: American Association for the Advancement of Science, Island Press | 2006 | | | | | Rethinking Fossil Fuels: The Necessary Step toward Practical Climate Policy | | Raymond J. Kopp | | The RFF Reader in Environmental and Resource Policy, 2nd Edition | Wallace E. Oates, ed. | RFF Press | 2006 | Chapter 39, pp. 235-239 | | | | | Stimulating Technology to Slow Climate Change | | Raymond J. Kopp, Richard D. Morgenstern, Richard G. Newell, and William A. Pizer | | New Approaches on Energy and the Environment: Policy Advice for the President | Richard D. Morgenstern and Paul R. Portney, eds. | RFF Press | 2004 | Chapter 2 | | | | | Reducing Cost Uncertainty and Encouraging Ratification of the Kyoto Protocol | | Raymond J. Kopp, Richard Morgenstern, William Pizer, and Frédéric Ghersi | | Global Warming in Asian-Pacific | R. Mendelsohn and D. Shaw eds. | Cheltenham, U.K.: Edward Elgar Publishing, Ltd. | 2002 | | | | | Climate Policy and the Economics of Technical Advance: Drawing on Inventive Activity | | Raymond J. Kopp | | Climate Change Economics and Policy: An RFF Anthology | Michael A. Toman, ed. | RFF Press | 2001 | | | | | A Proposal for Credible Early Action in US Climate Policy | | Raymond J. Kopp, Richard D. Morgenstern, William A. Pizer, and Michael A. Toman | | Flexible Mechanisms for Efficient Climate Policy: Cost Saving Policies and Business Opportunities | Karl Ludwig Brockmann and Marcus Stonzik, eds. | Heidelberg, Germany: Physica-Verlag | 2000 | | | | | Determining the Value of Non-marketed Goods: Economic, Psychological, and Policy Relevant Aspects of Contingent Valuation Methods | | Raymond J. Kopp, Pommerehne and Schwarz, eds. | | Boston, MA: Kluwer Academic Publishers | 1997 | | | | | Contingent Valuation: Economics, Law and Politics | | Raymond J. Kopp and Katherine A. Pease | | Determining the Value of Non-marketed Goods: Economic, Psychological, and Policy Relevant Aspects of Contingent Valuation Methods | Raymond J. Kopp, Pommerehne and Schwarz, eds. | Boston, MA: Kluwer Academic Publishers | 1997 | | | | | Constructing Measure of Economic Value | | Raymond J. Kopp and V. Kerry Smith | | Determining the Value of Non-marketed Goods: Economic, Psychological, and Policy Relevant Aspects of Contingent Valuation Methods | Raymond J. Kopp, Pommerehne and Schwarz, eds. | Boston, MA: Kluwer Academic Publishers | 1997 | | | | | A Shock to the System | | Timothy J. Brennan, Karen L. Palmer, Raymond J. Kopp, Alan J. Krupnick, Vito Stagliano, and Dallas Burtraw | | RFF Press | 1996 | | Description: A Shock to the System is a guide to the decisions that will be faced by electricity providers, customers, and policymakers. Produced by a team of analysts at Resources for the Future, this concise and balanced work provides background necessary to understand the increasing role of competition in electricity markets. The authors introduce important concepts and terminology, and offer the history of public policy regarding electricity. They identify the significant proposals for implementing competition, and examine the potential consequences for regulation, industry structure, cost recovery, and the environment. RFF Press is now an imprint of Earthscan. Click here to buy this book. | | Distributional and Environmental Consequences of Taxes on Energy: A Partial Equilibrium Model of U.S. Household Energy Demand | | Raymond J. Kopp, Hadi Dowlatabadi, and F. Ted Tschang | | Advances in the Economics of Energy and Resources: Energy Use and Sustainable Economic Growth, Volume IX | J. Moroney, ed. | Greenwich, CT: JAI Press, Inc. | 1995 | | | | | Valuing Natural Assets | | Raymond J. Kopp and V. Kerry Smith, Editors | | RFF Press | 1993 | | Description: Assessing natural resource damages often requires the use of nonmarket valuation techniques that were developed for use in benefit-cost analyses. Natural resource damage assessment dramatically changes the context for applying them. Two aspects of this context are especially important. First, damages are to be measured by the monetary value of the losses people experience, including their use and nonuse values, because of injuries to natural resources---a process requiring careful delineation of how the injuries connect to the resource's services. Second, a single identified entry---not generalized, anonymous taxpayers---must pay damages based on what is measured, and evaluations of the measurement techniques take place not in agency meeting rooms but in courtrooms. Contributors to Valuing Natural Assets examine the ways in which requirements for damage assessment change how the measures are used, presented, received, and defended. Drawing upon their personal involvement with the process and the research issues it has raised---both in providing analysis for defendants or plaintiffs in damage assessment cases and in writing for academic journals---their chapters reflect individual research programs that temper the rigorous demands of scholarship with the equally demanding standards of litigation.
RFF Press is now an imprint of Earthscan. Click here to buy this book. | | Social Cost of Environmental Quality Regulations: A General Equilibrium Analysis | | Raymond J. Kopp and Wallace E. Oates (ed.) | | London: Edward Elgar | 1992 | | | | | Social Cost of Environmental Quality Regulations: A General Equilibrium Analysis | | Raymond J. Kopp and Michael Hazilla | | The Economics of the Environment | Wallace E. Oates, ed. | Cheltenham, U.K.: Edward Elgar Publishing, Ltd. | 1992 | | | | | Eagle Mine and Idarado | | Raymond J. Kopp and V. Kerry Smith | | Natural Resource Damages: Law and Economics | Ward and Duffield, eds. | New York, NY: John Wiley and Sons | 1992 | | | | | Intertemporal and Interspatial Estimates of Agricultural Productivity | | Raymond J. Kopp and Michael Hazilla | | Productivity and Technological Structure in Agriculture: Recent Evidence and New Directions | John Antle and Susan Capalbo, eds. | Baltimore, MD: Johns Hopkins University Press | 1988 | | | | | The Performance of Neoclassical-Econometric Models of Natural Resource Substitution in the Presence of Environmental Constraints | | Raymond J. Kopp, Michael Hazilla and V. Kerry Smith | | Economic Theory of Natural Resources | W. Eichhorn, R. Henn, K. Neumann and R.W. Shephard, eds. | Heidelberg, Germany: Physica-Verlag | 1982 | | | | | Neoclassical Measurement of Ex Ante Resource Substitution: An Experimental Evaluation | | Raymond J. Kopp and V. Kerry Smith | | Advances in the Economics of Energy and Resources, Vol. IV | J.R. Moroney, ed. | Greenwich, CT: JAI Press, Inc. | 1982 | | | | | Stochastic Cost Frontiers and Perceived Technical Inefficiency | | Raymond J. Kopp, V. Kerry Smith, and William J. Vaughan | | Advances in Applied Microeconomics | V. Kerry Smith, ed. | 1982 | | | | | Energy Residuals and Inefficiency: An Engineering-Econometric Analysis of Abatement Costs | | Raymond J. Kopp | | Advances in the Economics of Energy and Resources: Economic Aspects of New Technology - Volume III | J. Moroney, ed. | Greenwich, CT: JAI Press, Inc. | 1981 | | | | | Productivity Measurement and Environmental Regulation: An Engineering-Econometric Analysis | | Raymond J. Kopp and V. Kerry Smith | | Productivity Measurement in Regulated Industries | T. Cowing and R. Stevenson, eds. | London, U.K.: Academic Press | 1981 | | | | | Measuring the Prospects for Resource Substitution under Input and Technology Aggregations | | Raymond J. Kopp and V. Kerry Smith | | Modeling and Measuring Natural Resource Substitution | E.R. Berndt and B. Field, eds. | Cambridge, MA: Massachusetts Institute of Technology Press | 1981 | | | | | The Perceived Role of Materials in Neoclassical Models of the Production Technology | | Raymond J. Kopp and V. Kerry Smith | | Restructuring the Economics of Natural Resources | V.K. Smith and J.V. Krutilla, eds. | Baltimore, MD: Johns Hopkins University Press | 1981 | | | | |
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