February 7, 2018

Reforming Electricity Markets for the Transition: Emerging Lessons from the UK’s Bold Experiment

In 2013, the UK introduced radical market reform to meet the new challenges – a change which some critics denounced as a return to central planning, whilst others feared the costs. The results to date suggest that EMR is a step forwards, not backwards; but it is not the end of the story.

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February 2, 2018

3 Questions: Transforming our Electric Power System

Christopher Knittel and Francis O’Sullivan, co-directors of the MITEI LCEC for Electric Power Systems Research, are exploring cleaner, more reliable, and more cost-effective solutions.

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January 30, 2018

Is Massachusetts ready for carbon pricing?

On Jan. 25, a panel at MIT explored the benefits, costs, and political challenges involved in translating carbon pricing from concept into law in Massachusetts and beyond.

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January 30, 2018

Jing Li: Applying economics to energy technology

Soon-to-be assistant professor of applied economics focuses on development and deployment solutions that can help the world move to a low-carbon future.

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January 29, 2018

Subsidizing Fuel Efficient Cars: Evidence from China’s Automobile Industry

In a new CEEPR Working Paper, the authors examine the response of vehicle purchase behavior to China’s largest national subsidy program for fuel efficient vehicles during 2010 and 2011.

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January 24, 2018

The Use of Regression Statistics to Analyze Imperfect Pricing Policies

Corrective taxes can completely solve a variety of market failures, but actual policies are commonly forced to deviate from the theoretical ideal due to administrative or political constraints. A new CEEPR Working Paper presents a method that requires a minimum of market information to quantify the costs of imperfect pricing, using simple regression statistics.

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