Lowering subway fares would save energy and make cities greener. Subway ridership has fallen sharply around the world due to COVID-19. For most of the 170+ subway systems worldwide it … Continue Reading Five Arguments for Making Subways Free
How do we foster innovation to solve COVID-19 and climate change? Ten days ago the Food and Drug Administration issued an emergency approval for remdesivir. It’s too soon to know … Continue Reading Remdesivir, Low-Carbon Energy, and the Origins of Innovation
Backers see job creation, but I see high costs for ratepayers. “The project workforce has reached an all-time high with approximately 9,000 workers now on site. With more than 800 … Continue Reading The High Cost of Nuclear Jobs
High retail electricity prices, not economic value, are driving U.S. investments in rooftop solar. If you were starting from scratch and could install the United States’ 22,500 MW of rooftop … Continue Reading Putting Solar in All the Wrong Places
New paper ranks 219 countries and 1,692 cities based on air conditioning potential. Air conditioner sales are booming worldwide, especially in warm countries with growing economies. But how big is … Continue Reading Heat Exposure and Global Air Conditioning
In 1960 only 2% of U.S. homes were heated with electricity. Today it’s 38%. U.S. households burn vast amounts of fossil fuels on-site for home heating: 2.7 trillion cubic feet … Continue Reading Electrification? We Are Already On The Way
U.S. energy-efficiency requirements for air conditioners illustrate the inherent limitations of standards. This was a hot summer. July 2019 was the hottest month ever recorded globally. Even in temperate Oakland, … Continue Reading Limitations of Standards
Mexico’s decision to suspend renewables auctions is bad news for Mexican electricity consumers. Mexican President Andrés Manuel López Obrador (“AMLO”) has only been in office for 8 months, but he … Continue Reading Mexico Goes Backward on Renewables
Recent sales of U.S. nuclear plants raise questions about safety, liability, and economic incentives. (Today’s post is co-authored with Catherine Hausman, an assistant professor at the University of Michigan.) Last … Continue Reading Nuclear Moral Hazard
To meet ambitious climate goals EVs need to be more than niche product for rich people. It has been over a decade since Tesla introduced the original Roadster. At $100,000+ … Continue Reading An Electric Vehicle in Every Driveway?
EV drivers don’t pay the gasoline tax so pay less for roads. (Today’s post is co-authored by James Sallee) Every time we buy a gallon of gasoline, we help pay … Continue Reading Should Electric Vehicle Drivers Pay a Mileage Tax?
New evidence shows millennials are not so different after all. Starting around 2012 there was a lot of discussion about millennials being different. “Why Don’t Young Americans Buy Cars?” asked … Continue Reading Millennials Grab the Wheel and Step on the Gas
Mexico’s gasoline shortages and the lessons of the U.S. gasoline crises of the 1970s. Drivers in eight Mexican states are facing around-the-block queues to buy gasoline this week. Many stations … Continue Reading Why Economists Can’t Stand Shortages
Environmental damages from U.S. power plants are down $100+ billion annually since 2010. Remember 2010? It was not so long ago. Obama was President. The iPhone 4 was introduced. The … Continue Reading U.S. Power Plant Emissions Down 45% Since 2010
Today EVs are driven much less than other cars, which has big implications for the environment. Where in the country you drive an electric vehicle matters a lot for the … Continue Reading All Charged Up, No Place to Go
U.S. oil and gas executives are “paid-for-luck,” with executive compensation increasing with oil prices. (Today’s post is co-authored by Catherine Hausman, an assistant professor at the University of Michigan and … Continue Reading Are Oil and Gas Executives Overpaid?