And the differences could undermine the program. [Today’s blog is a joint effort of Severin Borenstein, James Bushnell, Steve Cicala and Ryan Kellogg] The Clean Electricity Performance Program (CEPP) is … Continue Reading The CEPP is Not a Clean Energy Standard
Every energy source has soft costs, some more than others. That doesn’t make them unfair. Here’s a fun party game next time you are hanging out with distributed generation folks. … Continue Reading Soft Costs are Real Costs
Within-household substitution between vehicles could undermine the environmental benefits of EVs. I got interested in how multi-vehicle households use EVs, because — from a carbon emissions perspective– we care not … Continue Reading Three Facts About EVs and Multi-Vehicle Households
Incentives matter! Let’s get them right. This is a big week for energy and environmental policy in the world’s fifth largest economy and the republic it is part of – … Continue Reading A Big Week for Energy and the Environment
What can we learn from California’s pioneering efforts to price carbon at the border? Everybody’s talking about border carbon adjustments. The EU has announced its plan to tax the emissions … Continue Reading The Whac-a-Mole Economics of Border Carbon Adjustments
Maybe we should be giving rebates to installers rather than households. People generally follow Newton’s first law of motion: they keep doing what they are doing unless acted upon by … Continue Reading The Supply-Side Economics of Residential Electrification
When complex regulations meet power markets, be sure to read the fine print. The next big push in climate policy in the US appears to be coalescing around a clean … Continue Reading The Clean Electricity Payment Plan: How Exactly Is This Supposed to Work?