What's Killing Nuclear Power in U.S. Electricity Markets?

Prices in U.S. electricity markets fell precipitously in recent years, driving several nuclear power plants to announce plans to close well before the end of their licensed operation. A new working paper provides the first empirical estimate of the geographically heterogeneous impact of three factors on the decline in market prices earned by nuclear plants in the PJM Interconnection between 2008-2016.

Exploring Ethical Dimensions of Climate Negotiation

At this year’s United Nations Climate Change Conference (COP23), delegates from around the world worked on strategies to accelerate progress toward the goals of the 2015 Paris Agreement. In Bonn, Germany, as negotiators worked to find common ground, MIT researchers from different technology and social science backgrounds shared their ideas for climate action.

Russia and the Post-Paris World: A New Energy Landscape?

In a new CEEPR working paper, the authors find that climate-related actions outside of Russia decrease Russia’s energy exports and lower Russia’s GDP growth rate. The paper offers suggestions for key elements of the Post-Paris strategy, including diversification of economy, moving to low-carbon energy, and investing in human capital development.

Helping Mexico Design an Effective Climate Policy

MIT researchers are working with the Mexican government on carbon pricing options to meet the country’s climate goals under the Paris Agreement. For further reading please visit the MIT News site here.

Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement)

International linkage of climate policies can play an important role in ensuring adequate climate ambition under the Paris Agreement. A new Working Paper looks at the opportunities for – and barriers to – linkage of heterogeneous regional, national and subnational climate policies.

In The News

Jan 10, 2018

A Sector in Transition: Transportation in the 21st Century

MIT CEEPR, together with the Baker Institute, will host experts for a discussion focusing on the future of transportation. Registration is now open, please find details within.

Sep 27, 2017

New Study Finds Expected Savings from School Energy Efficiency Upgrade Outpace Actual Returns

Innovative study finds energy efficiency investments made at California public schools may not provide as much benefit as officials expected.

Sep 26, 2017

Fuel-efficient Cars Often Paired with Gas Guzzlers, Study Finds

A study released Tuesday by economists at UC Davis, Yale, and MIT shows that families who own fuel-efficient cars tend to buy big, powerful gas guzzlers as their second vehicle, largely defeating...

Sep 15, 2017

Replacing Coal by Gas: An Effective Strategy to Reduce CO2 Emissions?

Now more than ever, natural gas is hoped to effectively help shale gas producing regions reduce their CO2 emissions, by largely replacing their coal energy input. At the same time, the domestic...

Aug 17, 2017

Black Carbon Problems in Transportation

Black carbon particulates in “soot” emissions have significant detrimental impacts on public health, climate change and food production; and diesel engines in the transportation sector are a major...

Jul 17, 2017

The Behavioral Effect of Pigovian Regulation: Evidence from a Field Experiment

Market-­based regulation, and in particular Pigovian taxes/subsidies, have the potential to make consumers internalize socially harmful external effects associated with their choices. Recent...

May 9, 2017

Modeling Unit Commitment in Political Context

Electricity sector restructuring processes can undergo long, protracted transition periods that are not well-captured in typical power systems operation models. We create a tractable dispatch...

Apr 13, 2017

Early Nuclear Retirements in Deregulated U.S. Markets

U.S. nuclear reactors have been retiring at an unprecedented pace for the last few years. Tens of gigawatts of zero-emission nuclear capacity are now at risk of retiring prematurely, before the end...

Mar 21, 2017

A Green Bargain? Impacts of an Energy Saving Program on China's Iron and Steel Industry

The impact of environmental regulation on firm productivity has been long been debated, however, mainly for western economies and with limited firm-level evidence. We study the impact of a...

Mar 17, 2017

Tropical Forests, Tipping Points, and the Social Cost of Deforestation

The existence of a forest-savanna tipping point implies that changes in forest resilience affect the marginal economic value of a standing forest. We propose a new framework for calculating the...

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