Thirty years ago, the notion of a government allocating tradable rights to emit pollution was controversial. Many environmental advocates felt […]
READ moreThis paper explores the prospects for a global carbon market as the centrepiece of any serious attempt to reach the […]
READ moreEnergy trade has developed into one of the most contentious and divisive issues between Russia and EU in the post-Cold […]
READ moreWe examine the environmental impact of the post-2005 natural gas glut in the United States due to the shale gas […]
READ moreCarbon dioxide emissions are highly correlated with cyclical fluctuations in the U.S. economy; they increase during booms and fall during […]
READ moreThe U.S. Renewable Fuel Standard (RFS) requires blending increasing quantities of biofuels into the U.S. surface vehicle fuel supply. In […]
READ moreUS derivative markets, including commodity derivatives used in industries like energy, are undergoing dramatic reform following the financial crisis. This […]
READ moreIn response to cost changes, prices often rise more strongly or quickly than they fall. This phenomenon has attracted attention […]
READ moreA major concern with addressing the negative externalities of gasoline consumption by regulating fuel economy, rather than increasing fuel taxes, […]
READ moreIn this paper, we study the effects of competition among multiple suppliers who sell green technology products, such as electric […]
READ moreGovernments use consumer incentives to promote green technologies (e.g., solar panels and electric vehicles). Our goal in this paper is […]
READ moreIn recent articles, I have argued that integrated assessment models (IAMs) have flaws that make them close to useless as […]
READ moreThe conventional analysis of policy-induced changes in resource extraction is inconsistent with the actual way OPEC is exerting its market […]
READ moreThe 2009 Cash for Clunkers program aimed to stimulate consumer spending in the new automobile industry, which was experiencing disproportionate […]
READ moreIn climate negotiations, negotiators frequently reject soft forms of cooperation that require no hard commitments and at best simple coordination. […]
READ moreVirtual bidding is a type of transaction introduced into wholesale electricity markets to improve competition and pricing. This paper analyzes […]
READ more