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Forecasting Supply and Demand in California’s Cap and Trade Market
Today we are taking the unusual step of posting in advance a draft paper that will be presented at the Energy Institute’s POWER research conference on March 22. The paper is “Forecasting Demand and Supply in California’s Cap and Trade … Continue reading
With cross-state cap-and-trade, challenges await the next EPA administrator
Last week, President Obama nominated Gina McCarthy to be the new EPA administrator. If confirmed, McCarthy will be looking to break ground with new carbon dioxide regulations for power plants and rules of the road for hydraulic fracturing. But she … Continue reading
Marketing Solar: Bring in Elizabeth Warren?
Last month, my husband opened the door to a solicitor from a solar company and eventually agreed to let the polite young gentleman on our porch order a quote for our family to go solar. The three-page form that the … Continue reading
California Holds Its Second Cap and Trade Auction: Signs of a Maturing Market
The California Air Resources Board (ARB) held its second auction for greenhouse gas allowances this past Tuesday (Feb 19th). Severin blogged about his reactions to the first auction held back in November 2012 here. As a quick refresher, in the … Continue reading
Knowledge is (Less) Power.
Economists love prices. In fact, when we want people to reduce their consumption of something, we argue we should make that thing more expensive. This is usually done via a tax. My undergrads know, of course, that how effective a … Continue reading
Posted in Uncategorized
Tagged electricity, energy efficiency, Randomized Control Trials
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A Ton is Never Really a Ton
I was recently on a panel at the “Australia US Dialogue on Carbon Pricing.” The focus was on linking the various markets for C02 that exist around the world. For those of you not enmeshed in the exciting world of … Continue reading
What’s Keystone XL Got To Do With It?
Let’s face it. The opposition to the Keystone XL pipeline isn’t about dirty oil. It’s about oil. James Hansen and the other leading opponents focus on the GHGs that will be released when all of the oil in the Canadian … Continue reading
Another Take on the Efficiency Gap
At the Energy Institute at Haas, we’ve long debated and investigated “the energy-efficiency gap.” It’s an idea that’s simple to state but, potentially, huge in its implications: it’s the difference between what’s technically feasible in terms of energy efficiency and … Continue reading
Lomborg vs. Obama
Bjorn Lomborg has a history of getting under environmentalists’ skin. His most recent op-ed in the Wall Street Journal, in which he labels Obama a climate alarmist based on a few sentences from his inaugural address, is likely to provoke more anger … Continue reading
Information Is Power
Like many people, I have a pretty good idea of how much I spend every week on groceries. I also have a pretty good idea of how much many of the grocery items that I buy week in and week … Continue reading