Parliamentary Secretary Mike Bernier summarizes British Columbia’s positive experience with its revenue-neutral carbon tax

We don’t know what climate change will cost — that doesn’t mean we can ignore it

Posted on May 9th, 2018 by tagadmin

Professor Robert S. Pindyck of MIT and Professor James H. Stock of Harvard University discuss the importance of the social cost of carbon in a new piece on TheHill.

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Parliamentary Secretary Mike Bernier summarizes British Columbia’s positive experience with its revenue-neutral carbon tax

Electricity Market Design with Renewables

Posted on May 1st, 2018 by tagadmin

A new paper compares EU and US electricity market designs, arguing for a focus on correct price formation in the short-term to incentivize investments and reliability. Increased demand-side participation, improved pricing during scarcity, and a transition from technology-specific renewables subsidies towards adequate pricing of carbon emissions, are key to achieving a market-compatible integration of renewable energy.

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