The economics rationale for environmental regulation is simple and strong: private decisions about how much to pollute lead to socially undesirable levels of pollution. We need policy to correct this flaw in markets. The question is, which policies?
READ more
Together with partners from German utility and CEEPR Associate Energie Baden-Württemberg AG (EnBW), the University of Duisburg-Essen and the Stiftung Energie & Klimaschutz, MIT CEEPR organized a conference on September 8th and 9th, 2016 to discuss analytical tools and decision making strategies for dealing with uncertainty in energy policy, economics and management.
READ more
According to the latest energy outlook from the U.S. Energy Information Administration, tight oil production was 4.28 Mb/d for 2014 and 4.89 Mb/d for 2015. It is projected to fall to 4.27 Mb/d for 2016. A recent CEEPR working paper by Robert Kleinberg, Sergey Paltsev, Charles Ebinger, David Hobbs, and Tim Boersma offers an investigation into this phenomenon.
READ more