Temperature and Cognitive Performance
Posted on December 6th, 2022 by Tony TranI estimate the effect of temperature on cognitive performance in online brain training games. As this setting represents everyday cognitive […]
READ moreNatural Gas in the U.S. Southeast Power Sector under Deep Decarbonization: Modeling Technology and Policy Sensitivities
Posted on November 29th, 2022 by Tony TranConcerns over climate change, along with falling costs of renewable energy technologies, have led to increased scrutiny over the role […]
READ moreCarbon Abatement Costs for Hydrogen Fuels in Hard-to-Abate Transport Sectors and Potential Climate Policy Mixes
Posted on November 15th, 2022 by Tony TranDeep decarbonization targets require emission reductions in “hard-to-abate” sectors that have until recently received little attention, including freight trucking, shipping, […]
READ moreFive Myths About Carbon Pricing
Posted on November 2nd, 2022 by Tony TranWhile carbon pricing, in general, and carbon taxes, in particular, are popular with economists, they are subject to considerable misunderstanding […]
READ moreElectricity Retail Rate Design in a Decarbonizing Economy: An Analysis of Time-of-Use and Critical Peak Pricing
Posted on October 7th, 2022 by Tony TranCurrently, U.S. residential and small commercial electricity consumers typically pay a constant price per kWh consumed that accounts for most […]
READ moreRational Rationing: A Price-Control Mechanism for a Persistent Supply Shock
Posted on October 7th, 2022 by Tony TranWe propose a simple price-control mechanism correcting for a missing short-run response of demand to prices. It effectively implements an […]
READ moreThe Macroeconomic Effects of a Carbon Tax to Meet the U.S. Paris Agreement Target: The Role of Firm Creation and Technology Adoption
Posted on September 26th, 2022 by Tony TranWe analyze the labor market and aggregate effects of a carbon tax in a framework with pollution externalities and equilibrium […]
READ moreLong-term Equilibrium in Electricity Markets with Renewables and Energy Storage Only
Posted on September 7th, 2022 by Tony TranIn this paper, we study the optimal generation mix in power systems where only two technologies are available: variable renewable […]
READ morePopulation, Productivity, and Sustainable Consumption
Posted on August 17th, 2022 by Tony TranHow does the sustainable level of consumption depend on productivity growth and the size and growth rate of the population? […]
READ moreSustainable Hydrogen Fuels versus Fossil Fuels for Trucking, Shipping and Aviation: A Dynamic Cost Model
Posted on July 26th, 2022 by Tony TranPotential decarbonization of the global trucking, shipping and aviation sectors by 2050 could be achieved by replacing fossil fuels with […]
READ moreWhen “Low-Hanging Fruit” Are Beyond Reach: Management Practices and Firm Energy Efficiency
Posted on June 10th, 2022 by Tony TranWe study whether structured management practices affect the uptake and impact of industrial energy efficiency measures, which are widely considered […]
READ moreDeregulation, Market Power, and Prices: Evidence from the Electricity Sector
Posted on April 25th, 2022 by Tony TranWhen deciding whether to introduce market competition in a regulated industry, a regulator faces an important tradeoff. Market-based prices can […]
READ moreElectricity Sector Policy Reforms to Support Efficient Decarbonization
Posted on April 4th, 2022 by Tony TranThe final version of this paper will appear as Chapter 8 in the forthcoming MIT Energy Initiative study, The Future […]
READ moreCoping with National Fuel Subsidies in Regional Power Markets: Application to the Gulf Cooperation Council Interconnector
Posted on March 24th, 2022 by Tony TranTransnational power market design and development are impacted by economic, social and political factors that must inevitably be addressed. One […]
READ moreTechnology Neutral vs. Technology Specific Procurement
Posted on March 14th, 2022 by Tony TranAn imperfectly-informed regulator needs to procure multiple units of some good (e.g., green energy, market liquidity, pollution reduction, land conservation) […]
READ morePower Price Crisis in the EU: Unveiling Current Policy Responses and Proposing a Balanced Regulatory Remedy
Posted on February 28th, 2022 by Tony TranFor several months, electricity prices in the European Union (EU) have been at sustained and unprecedentedly high levels. This situation […]
READ moreProperties of Deeply Decarbonized Electric Power Systems with Storage
Posted on February 24th, 2022 by Tony TranThe final version of this paper will appear as Chapter 6 in the forthcoming MIT Energy Initiative study, The Future […]
READ moreColluding Against Environmental Regulation
Posted on January 24th, 2022 by Tony TranWe study collusion among firms under imperfectly monitored environmental regulation. We develop a model in which firms increase variable profits […]
READ moreWhy Do Firms Issue Green Bonds?
Posted on January 12th, 2022 by Tony TranCorporate green bond announcements generate positive abnormal stock returns. We suggest this might be because managers use green bonds to […]
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