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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Fuel-efficient Cars Often Paired with Gas Guzzlers, Study Finds
A study released Tuesday by economists at UC Davis, Yale, and MIT shows that families who own fuel-efficient cars tend to buy big, powerful gas guzzlers as their second vehicle, largely defeating the purpose of the little petrol sippers in their garages.
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Replacing Coal by Gas: An Effective Strategy to Reduce CO2 Emissions?
Now more than ever, natural gas is hoped to effectively help shale gas producing regions reduce their CO2 emissions, by largely replacing their coal energy input. At the same time, the domestic replacement of coal by gas releases amounts of tradable coal, whose supply meets the foreign energy demand, contributing to increase emissions in the rest of the world.
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Black Carbon Problems in Transportation
Black carbon particulates in “soot†emissions have significant detrimental impacts on public health, climate change and food production; and diesel engines in the transportation sector are a major source of such emissions. There are cost-effective technologies that can mitigate the emissions. However, a wide range of policies at all levels of government are needed to incentivize the uptake of emission-mitigating technologies.
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The Behavioral Effect of Pigovian Regulation: Evidence from a Field Experiment
Market-Âbased regulation, and in particular Pigovian taxes/subsidies, have the potential to make consumers internalize socially harmful external effects associated with their choices. Recent behavioral literature, however, suggests that explicit financial penalties/rewards may undermine willingness to behave prosocially.
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