What’s Killing Nuclear Power in U.S. Electricity Markets?
Prices in U.S. electricity markets fell precipitously in recent years, driving several nuclear power plants to announce plans to close well before the end of their licensed operation. A new working paper provides the first empirical estimate of the geographically heterogeneous impact of three factors on the decline in market prices earned by nuclear plants in the PJM Interconnection between 2008-2016.
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Exploring Ethical Dimensions of Climate Negotiation
At this year’s United Nations Climate Change Conference (COP23), delegates from around the world worked on strategies to accelerate progress toward the goals of the 2015 Paris Agreement. In Bonn, Germany, as negotiators worked to find common ground, MIT researchers from different technology and social science backgrounds shared their ideas for climate action.
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Russia and the Post-Paris World: A New Energy Landscape?
In a new CEEPR working paper, the authors find that climate-related actions outside of Russia decrease Russia’s energy exports and lower Russia’s GDP growth rate. The paper offers suggestions for key elements of the Post-Paris strategy, including diversification of economy, moving to low-carbon energy, and investing in human capital development.
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Helping Mexico Design an Effective Climate Policy
MIT researchers are working with the Mexican government on carbon pricing options to meet the country’s climate goals under the Paris Agreement. For further reading please visit the MIT News site here.
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Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement)
International linkage of climate policies can play an important role in ensuring adequate climate ambition under the Paris Agreement. A new Working Paper looks at the opportunities for – and barriers to – linkage of heterogeneous regional, national and subnational climate policies.
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New Study Finds Expected Savings from School Energy Efficiency Upgrade Outpace Actual Returns
Innovative study finds energy efficiency investments made at California public schools may not provide as much benefit as officials expected.
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