December 3, 2018

Governing Cooperative Approaches under the Paris Agreement

As Parties to the Paris Agreement convene in Poland for COP24, they will be negotiating guidance on the implementation of cooperative approaches, which allow countries to use internationally transferred mitigation outcomes towards their national climate pledges. A new CEEPR Working Paper offers insights from theory and practice to inform the negotiations.

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November 20, 2018

The Rationale for Investment in Life Extension of Spanish Nuclear Power Plants

Nuclear power provides more than 20% of Spain’s electricity. As each of the 7 plants approaches its 40 year design life, a decision must be made whether to invest in a life extension, considering Spain’s goal of reducing GHG emissions. This research shows that life extensions are the least-cost alternative for further reducing GHG emissions.

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October 29, 2018

Carbon Capture is Messy and Fraught – But Might Be Essential

Who would pay for a company to sequester carbon underground? MIT economist Christopher Knittel discusses a potential solution in a Wired article here.

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October 12, 2018

Dynamic Competition and Arbitrage in Electricity Markets: The Role of Financial Players

Market power is typically an important concern in restructured electricity markets. This paper shows that financial traders, who trade alongside physical buyers and sellers, can increase competitiveness and lead to lower consumer prices by effectively competing with generators and restricting their market power.

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October 9, 2018

Carbon tax debate: Nobels and IPCC vs. Trump and Doug Ford

In an article in Grist, Professor Christopher Knittel comments on the carbon tax debate. Read the full article here.

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September 14, 2018

Energy Efficiency, Information, and the Acceptability of Rent Increases

In this paper, the authors explore role of imperfect information and attentional biases in the context of energy efficiency investments by quantifying how alternative informational interventions affect tenants’ acceptance of rent increases in exchange for improved energy efficiency of their heating appliance.

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