Household-Level Responses to the European Energy Crisis

Posted on April 17th, 2025 by Tony Tran

This paper studies household responses to a sharp energy price increase. Using Finnish household-level microdata from the 2022 European Energy […]

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Addressing Uncertainty in the Joint Production of Energy Transition Metals

Posted on April 8th, 2025 by Tony Tran

An efficient and resilient supply of critical raw materials such as copper, cobalt, and nickel is essential to ensure supply […]

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Two Wrongs Can Sometimes Make a Right: The Environmental Benefits of Market Power in Oil

Posted on March 18th, 2025 by Tony Tran

Market power reduces equilibrium quantities and distorts production, typically causing welfare losses. However, as Buchanan (1969) noted, market power may […]

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The Dynamics of Evasion: The Price Cap on Russian Oil Exports and the Amassing of the Shadow Fleet

Posted on March 5th, 2025 by Tony Tran

To reduce funds for Russia’s Ukraine invasion, Western governments imposed a price ceiling on Russian seaborne oil exports using Western […]

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Pricing Congestion to Increase Traffic: The Case of Bogotá

Posted on February 27th, 2025 by Tony Tran

In September 2021, the city of Bogotá introduced a major market-based reform to its odd-even driving restriction, known as Pico […]

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Impacts of the Jones Act on U.S. Petroleum Markets

Posted on February 12th, 2025 by Tony Tran

We study how the Jones Act—a 100-year-old U.S. regulation that constrains domestic waterborne shipping—affects U.S. markets for crude oil and […]

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Beyond the Hype: The Rainbow of Hydrogen Technologies and Policies

Posted on January 28th, 2025 by Tony Tran

The transition towards a sustainable energy system requires alternative energy carriers that reduce carbon emissions while meeting global demands. Hydrogen […]

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Good Spillover, Bad Spillover: Industrial Policy, Trade, and the Political Economy of Decarbonization

Posted on January 16th, 2025 by Tony Tran

Spillover effects can impede or advance climate action. They have enabled some of the greatest successes in climate change mitigation, […]

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