November 2, 2022

Five Myths About
Carbon Pricing

Among economists, there is near unanimous consensus that a necessary component of any portfolio of policies to address climate change […]

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October 17, 2022

Electricity Retail Rate Design in a Decarbonizing Economy: An Analysis of Time-of-Use and Critical Peak Pricing

Currently, U.S. residential and small commercial electricity consumers are typically billed based on nearly flat rates, i.e., a constant price […]

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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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