Electricity prices have fallen significantly since 2008, putting commercial nuclear reactors in the United States under substantial financial pressure. In […]
READ moreThe profitability of many agricultural decisions depends on farmers’ abilities to predict the weather. Since climate change implies (possibly unknown) […]
READ moreThe Russian budget relies heavily on exports of fossil fuels, which are the major source of greenhouse gas (GHG) emissions. […]
READ moreThe Paris Agreement has achieved one of two key necessary conditions for ultimate success—a broad base of participation among the […]
READ moreLocal air pollution problems have led authorities in many cities around the world to impose limits on car use, increasingly […]
READ moreMeasurement of the full costs and benefits of energy-saving technologies is often difficult, confounding adoption decisions. We study consequences of […]
READ moreWe examine the pass-through of wholesale prices to retail prices in the market for E85, which contains 51%–83% ethanol, and […]
READ moreWith respect to electrical grids and power systems there is a trend towards a greater penetration and subsequent utilization of […]
READ moreWe study pollution permit markets in which a fraction of permits are allocated to firms based on their output. Output-based […]
READ moreOutput-based allocations (OBAs) are typically used in emission trading systems (ETS) with a fixed cap to mitigate leakage in sectors […]
READ moreHousehold preferences for goods with a bundle of attributes may have complex substitution patterns when one attribute is changed. For […]
READ moreWe examine an open economy’s strategy to reduce its carbon emissions by replacing its consumption of coal (very carbon intensive) […]
READ moreThe adverse effects of black carbon (BC) emissions from diverse sources are significant in human and economic terms. BC emissions […]
READ morePigovian regulation provides monetary penalties/rewards to incentivize prosocial behavior, and may thereby trigger behavioral effects beyond a more standard response […]
READ moreRestructuring an electricity sector entails a complex realignment of political and economic institutions, which may both delay and distort the […]
READ moreIt has long been argued that people are poorly-informed about and inattentive to fuel economy when buying cars, and that […]
READ moreRecent work has suggested that tropical forest and savanna represent alternative stable states, which are subject to drastic switches at […]
READ moreThe literature on the developmental state suggests that state structure determines the ability of governments to drive technological change. This […]
READ moreThe impact of environmental regulation on firm productivity has been long been debated, however, mainly for western economies and with […]
READ moreWhen agents expect a regulation to change the relative price of new equipment, they may shift purchases forward to avoid […]
READ moreAs in most commodities markets, deregulated electricity markets allow the participation of purely financial traders to enhance informational and productive […]
READ moreA pure energy-only market has been shown, under certain conditions, to create the optimal incentives for market entry and exit. […]
READ moreWe propose a new way to estimate the remaining volume of recoverable shale oil resources in the U.S. Our method […]
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