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.

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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Goin’ for Broke in Texas…Protecting the Environment without Slowing Economic Growth

U.S. crude oil production has reached almost 9 million barrels per day, driven by enormous production increases in the Permian, Eagle Ford, and Bakken formations. This is one of the biggest oil booms in history and it is fueling economic … Continue reading

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Better Yellow Labels

Information provision is a key element of energy-efficiency policy. Just think of the ubiquitous yellow EnergyGuide labels, which are required by law to be displayed on all major appliances sold in the United States. This information is supposed to help consumers make better decisions. … Continue reading

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Raising Gas Prices to Grow An Economy

Two weeks ago, Yemen increased gasoline prices from $2.20 to $3.50 per gallon, while increasing diesel prices from $1.70 to $3.40. And last month, Egypt increased gasoline prices from $.47 to $.83 (premium gasoline went from $1.00 to $1.40), while … Continue reading

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Unlocking Cost Savings with Cap-and-Trade

Much was made last week about the flexibility of the EPA’s proposed new power plant regulations. According to EPA administrator Gina McCarthy, it “gives states the flexibility to chart their own customized path. There is no one-size-fits-all solution. Each state … Continue reading

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