October 7, 2022

Rational Rationing: A Price-Control Mechanism for a Persistent Supply Shock

The 2021 Texas power crisis, caused by a series of winter storms, led to prices that were 100 times higher […]

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October 7, 2022

The Macroeconomic Effects of a Carbon Tax to Meet the U.S. Paris Agreement Target

We explore the quantitative impact of a carbon tax that reduces emissions by 35 percent—a target consistent with the Biden […]

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September 26, 2022

Long-term Equilibrium in Electricity Markets with Renewables and Energy Storage Only

In many regions of the world, the economic dispatch of electricity, and the corresponding financial arrangements, are organized using spot […]

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September 21, 2022

3 Questions: Janelle Knox-Hayes on producing renewable energy that communities want

Wind power accounted for 8 percent of U.S. electricity consumption in 2020, and is growing rapidly in the country’s energy […]

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September 9, 2022

Is nuclear power a green solution? Why world tilts toward ‘yes.’

Environmental groups and policymakers are softening their stances against nuclear power, some reluctantly, some whole-heartedly, and many with a new […]

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September 7, 2022

How America Can Make Industrial Policy Work

In an article on Foreign Affairs, MIT Professors John M. Deutch and Ernest J. Moniz discuss how the Inflation Reduction […]

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