October 7, 2022

Rational Rationing: A Price-Control Mechanism for a Persistent Supply Shock

The 2021 Texas power crisis, caused by a series of winter storms, led to prices that were 100 times higher […]

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October 7, 2022

The Macroeconomic Effects of a Carbon Tax to Meet the U.S. Paris Agreement Target

We explore the quantitative impact of a carbon tax that reduces emissions by 35 percent—a target consistent with the Biden […]

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September 26, 2022

Long-term Equilibrium in Electricity Markets with Renewables and Energy Storage Only

In many regions of the world, the economic dispatch of electricity, and the corresponding financial arrangements, are organized using spot […]

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July 26, 2022

Sustainable Hydrogen Fuels versus Fossil Fuels for Trucking, Shipping and Aviation: A Dynamic Cost Model

Achieving net zero emissions by 2050 represents a significant challenge for the global trucking, shipping and aviation sectors. Unlike the […]

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June 15, 2022

Dianne Feinstein: Why I changed my mind about California’s Diablo Canyon nuclear plant

As national debate over nuclear power’s future continues, there are signs that the movement to keep plants open is making […]

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June 14, 2022

Why Gas Prices Are So High

Gas prices in the United States are at record highs. And even when adjusting for inflation, they are on average […]

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