Though imperfect, Corporate Average Fuel Economy standards have made US cars go farther on a gallon of gas. Customers line up to buy gasoline in San Jose, California, on March … Continue Reading Does CAFE Work?
Pricing carbon will help drive R&D, but the market will still be bumpy. Virtually all economists agree that one of the biggest selling points for pricing greenhouse gases (GHGs) – … Continue Reading Cap-and-Trade and Innovation
700,000 California homes now have solar panels; what does this mean for everyone else’s rates? “This is the future,” one of my neighbors recently told me, proudly showing off his … Continue Reading Why Am I Paying $65/year for Your Solar Panels?
A nuanced look at politicians’ favorite policy tool. Everyone likes a puppy. You get a puppy you’re immediately in love. You never want to get rid of it. Puppies also … Continue Reading Subsidies and Puppies.
Recent research questions a widely held belief. (This post is co-authored with Kenneth Lee and Edward Miguel.) The head of Swedfund, the development finance group, recently summarized a widely-held belief: … Continue Reading Does Solving Energy Poverty Help Solve Poverty? Not Quite.
Transportation agencies need to be prepared before inviting private investment in infrastructure. Last month President Trump released his plan to “rebuild our Nation’s crumbling infrastructure.” While it is not uncommon … Continue Reading Lessons from Utilities for Trump’s Infrastructure Plan
It’s time for lawmakers to make the $3 billion per year puzzle a priority. It’s not going away. Back in October, I blogged, and published an op-ed about California’s mystery … Continue Reading California’s Mystery Gasoline Surcharge Continues