June 17, 2019

On the Efficiency of Competitive Energy Storage

FERC recently issued Order 841, which is intended to open wholesale energy markets to merchant storage providers. In this Working Paper, Prof. Richard Schmalensee explores the validity of the Order’s presumption that existing markets will provide at least approx. optimal incentives for investment in both storage and generation: it does not contemplate the establishment of new markets or new policies.

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June 13, 2019

Researchers: Bitcoin’s Carbon Footprint Equal to Las Vegas

In The New York Times, Christian Stoll discusses findings first published in a CEEPR Working Paper on the carbon footprint of virtual currency.

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May 30, 2019

Millennials Like Cars As Much As Boomers Do

Christopher Knittel is P&Qs’ Professor of the Week. Everybody knows that Millennials marry later and buy fewer homes than previous generations did. But when it comes to cars, that conventional wisdom is wrong…

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May 7, 2019

Optimal Commodity Taxation with a Non-renewable Resource

When governments need to raise public revenues, they should tax non-renewable resources more than regular commodities according to a dynamic rule. For carbon resources, that means augmenting the carbon tax in a way that further reduces their development and slows down their exploitation, which goes further in the direction of resolving the climate problem.

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May 6, 2019

Why reducing carbon emissions from cars and trucks will be so hard

In this article on The Conversation, CEEPR faculty Professors David Keith and Christopher Knittel point out the difficulties facing the transition away from internal combustion engine vehicles.

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May 1, 2019

State would benefit from preserving nuclear power

In an article on Press&Journal, John Parsons discusses a vital decision about the place nuclear power will have in Pennsylvania’s future.

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