Understanding the Economic and Environmental Impacts of the COVID-19 Pandemic

The next webinar in the CEEPR Fall 2020 series takes place on Thursday September 24, and brings together Professor Jing Li and Professor Christopher Knittel - the authors of two CEEPR working papers evaluating impacts of the COVID-19 pandemic through use of empirical data.

Quantifying the Distributional Impacts of Rooftop Solar Adoption

A new CEEPR Working Paper shows that residential rooftop solar PV adoption under typical electricity tariffs that inefficiently recover residual costs through volumetric charges creates substantial income distributional effects, specifically increasing average expenditures substantially for non-adopters, which tend to be predominantly lower income customers.

2020 Fall Webinar Series

This series of webinars will take place from August 27 through December 10 and will cover topics including challenges in electricity markets with high shares of renewables, the economic and environmental impacts of COVID-19, transportation emissions policy, the role of hydrogen in the energy sector, and more. Additional information may be found here as it is updated throughout the Fall semester.

State Ownership and Technology Adoption

Many policymakers aim to redirect electric utilities' power plant investments toward renewables. In much of Europe, state-owned and private utilities co-exist in a liberalized market environment, but the impact of ownership on the adoption of renewables is unclear. By investigating the investments of incumbent utilities in the EU during 2005-2016, the authors study the mechanisms by which ownership made a difference.

A Multi-control Climate Policy Process for a Designated Decision Maker

Researchers present an idealized model of optimally-controlled climate change, showing that the four methods of controlling climate damage– mitigation, carbon dioxide removal, adaptation, and solar radiation modification– are not interchangeable, as they enter at different stages of the causal chain that connects GHG emissions to damages.

In The News

Sep 11, 2020

Axios features Roosevelt Project rollout webinar

In a post on Axios, Amy Harder recaps some highlights from her discussion with MIT's Ernest Moniz during the Roosevelt Project webinar.

Sep 10, 2020

The Roosevelt Project Working Papers Now Available

The first nine Working Papers have been released under the Roosevelt Project, an initiative examining the transitional challenges associated with progress toward a deeply decarbonized U.S. economy....

Aug 4, 2020

MIT and Wyoming Explore Energy and Climate Solutions

Members of Wyoming’s government and public university met with MIT researchers to discuss climate-friendly economic growth.

Jul 17, 2020

Abatement Strategies and the Cost of Environmental Regulation

Emission standards are one of the primary policy tools used to reduce CO2 emissions in the passenger vehicle market. This Working Paper studies the 2015 introduction of an EU-wide emission standard...

Jul 13, 2020

Evolving Bidding Formats & Pricing Schemes in US and Europe Day-Ahead Electricity Markets

The increasing penetration of renewable energy as well as storage resources requires adapting bidding formats and pricing schemes. Learning from best practices from both sides of the Atlantic, the...

Jul 8, 2020

Competitive Energy Storage and the Duck Curve

Power systems with high penetrations of solar generation need to replace solar output when it falls rapidly in the late afternoon – the duck curve problem. In this paper, Richard Schmalensee...

Jul 1, 2020

The Short-run and Long-run Effects of Covid-19 on Energy and the Environment

In this commentary, the researchers explore how the short-run effects of Covid-19 in reducing CO2 and local air pollutant emissions can easily be outweighed by the long-run effects of a slowing of...

Jun 29, 2020

Public Transit Use Is Associated With Higher Coronavirus Death Rates

An article in the Wall Street Journal discusses findings from a recent CEEPR Working Paper by Christopher Knittel and Bora Ozaltun on COVID-19 death rates.

Jun 25, 2020

Electrifying Transportation: Issues and Opportunities

In this Working Paper, the researchers examine the global implications of electrifying the transportation fleet. Their analysis covers an array of topics including vehicle cost considerations,...

Jun 10, 2020

What Does and Does Not Correlate with COVID-19 Death Rates

In this CEEPR Working Paper, Professor Knittel and Bora Ozaltun correlate county-level COVID-19 death rates between April 4, 2020 to May 27, 2020 with key variables using both linear regression and...

Jun 3, 2020

What We Know and Don't Know About Climate Change, and Implications for Policy

In a new CEEPR Working Paper, Professor Robert Pindyck explains that we face considerable uncertainty over climate change and its impact, why there is so much uncertainty, and why we will continue...

May 22, 2020

The Value of Pumped Hydro Storage for Deep Decarbonization of the Spanish Grid

Pumped hydro storage (PHS) is an old solution to a new problem - the variability of renewable generation. A new CEEPR Working Paper presents a case study of Spain, demonstrating how PHS...

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