Collective Action in an Asymmetric World
A central authority possessing tax and expenditure responsibilities can readily provide an efficient level of a public good.
Research
Tailoring Meridional and Seasonal Radiative Forcing by Sulfate Aerosol Solar Geoengineering
We study the possibility of designing solar radiation management schemes to achieve a desired meridional radiative forcing (RF) profile using a two-dimensional chemistry-transport-aerosol model.
An Efficient Western Energy Imbalance Market with Conflicting Carbon Policies.
A reform of the Western Energy Imbalance Market should target the right problem. Import leakage is a problem; resource shuffling is a solution.
Assessing the Energy-Efficiency Gap
Energy-efficient technologies offer considerable promise for reducing the financial costs and environmental damages associated with energy use, but it has long been observed that these technologies ma
Six Principles for Public Energy Innovation Programs
Last month, the European Union marked the tenth year of its Strategic Energy Technology Plan.
The Efficiency Consequences of Heterogeneous Behavioral Responses to Energy Fiscal Policies
The behavioral responses to taxes and subsidies are often subject to various behavioral biases and transaction costs—what we define as “microfrictions.” We develop a theoretical framework to show how
The Design of Environmental Markets: What Have We Learned from Experience with Cap and Trade?
This article reviews the design of environmental markets for pollution control over the past 30 years, and identifies key market-design lessons for future applications.
Consumers’ Response to State Energy Efficient Appliance Rebate Programs
Through an evaluation of the 2009 Recovery Act's State Energy Efficient Appliance Rebate Program, this paper examines consumers' response to energy efficiency rebates.
US Energy Diplomacy in an Age of Energy Abundance
For decades, fears of energy scarcity drove American energy diplomacy.
Real World Headwinds for Trump Climate Change Policy
It has now been 12 months since Donald J.
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