Author Archives: Lucas Davis

About Lucas Davis

Lucas Davis is an Associate Professor of Economic Analysis and Policy at the Haas School of Business at the University of California, Berkeley. His research focuses on energy and environmental markets, and in particular, on electricity and natural gas regulation, pricing in competitive and non-competitive markets, and the economic and business impacts of environmental policy.

Automakers Complain, but CAFE Loopholes Make Standards Easier to Meet

With gasoline prices averaging $2 per gallon, Americans are flocking to gas-guzzling vehicles. Last year was the biggest year ever for the U.S. auto industry with 17.5 million total vehicle sales nationwide. Trucks, SUVs, and crossovers led the charge with … Continue reading

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Getting Energy Prices Right

Last month Meredith wrote about coal being too cheap and Max wrote about gasoline being too cheap. But what is the right price for energy? Nobody in recent years has done more to try to answer this question than Ian … Continue reading

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New CAFE Standards: The Good, the Bad and the Ugly

New vehicles sold in the United States have long been subject to a set of fuel economy regulations known as the Corporate Average Fuel Economy (CAFE) standards. CAFE has been tightened several times during the program’s 40-year history, but no … Continue reading

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Don’t Be a Grinch When It Comes to Holiday Lights

We bought them more than a decade ago. Several sets of Christmas lights. Every year we decorate the tree listening to Willie Nelson’s Pretty Paper, the greatest Christmas album of all time. We have two boxes, adding up to a … Continue reading

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Historic Opportunity to Reduce Global Fuel Subsidies

With crude oil prices under $50 per barrel this is an historic opportunity for Saudi Arabia and other countries to eliminate energy subsidies. Low crude oil prices are making the impossible possible. Back in August, the United Arab Emirates (UAE) … Continue reading

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Are Clean Energy Tax Credits Equitable?

A new Energy Institute working paper finds that income tax credits for weatherization, solar panels, hybrids, and electric cars go predominantly to higher-income households. Over the last decade, U.S. households have received more than $18 billion in federal income tax … Continue reading

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A Deeper Look into the Fragmented Residential Solar Market

(Today’s post is co-authored with Alex Chun, who just received his MBA at Haas and is an alumnus of our Cleantech to Market class.  Alex is the Business Intelligence Manager at Sungevity.) Who sells residential solar photovoltaic systems (PV) in … Continue reading

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Air Conditioning and Global Energy Demand

Sales of air conditioners have exploded worldwide over the last few years, driven by middle-income countries where households and businesses are buying air conditioners at startling rates. My colleagues Max and Catherine have written about China, for example, where sales … Continue reading

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How Should We Design Government Policies to Stimulate Innovation?

Last Friday was our 20th Annual POWER Conference. Thanks to all who attended and an especially large thanks to the conference sponsors who made the event possible. For those of you who couldn’t attend, the program is available here with … Continue reading

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Raise the Gas Tax

On January 1st, California’s cap-and-trade program was expanded to include gasoline and diesel.  Allowance prices are currently $12.58/ton (link), so this increases gasoline prices by $0.10 per gallon and increases diesel prices by about $0.13 per gallon (Severin’s post goes through … Continue reading

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