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
Saving energy and saving the climate are not the same thing. A couple years ago I took Severin’s advice and proactively replaced many of my still-working incandescent light bulbs with … Continue Reading Redirecting Energy Efficiency Policies for the Climate
Electricity can provide more than we think. People talk a lot about the potential benefits of bringing electricity to some of the billion homes in the world that do not … Continue Reading Are We Looking for the Benefits of Rural Electrification in the Wrong Places?
Is Berkeley’s newest initiative paving the way for an all-electric future? I like economics. But I love cooking. I recall making jams using berries from the garden with my mom at … Continue Reading Outlawing Gas
Will we hamstring climate change mitigation to pay for adaptation? Our lush California spring has turned to a hot and dry summer. Fire season is upon us, and this has … Continue Reading What Wildfire Costs Will Depend on How We Pay
Appeals to equity don’t salvage the argument for demand charges. In the past, I have said some pretty unkind things about demand charges in electricity tariffs. Demands charges are fees paid … Continue Reading Are Demand Charges Fair?
Volkswagen’s new advertising campaign raises some questions. VW committed a crime. They lied about emissions testing for their Diesel powered vehicles and got caught. This affected about 500,000 cars in … Continue Reading Forgive and Forget?
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
A recent working paper highlights the importance of accounting for environmental protection in measures of GDP. Last November, I gained new appreciation for clean air. It wasn’t because I went … Continue Reading A Better Way to Measure Economic Growth
What would the Lorax say about today’s forest offsets? The race is on. Democratic presidential candidates are jockeying for position. And climate change is emerging as a top priority. Jay … Continue Reading Are Trees Getting Too Much Climate Credit…or Not Enough?
Energy efficiency world views collide. There are two dueling, strongly held, views on the definition of energy efficiency. The idea of energy efficiency, at least to economists, is to overcome … Continue Reading How Much Electricity Consumption Is Too Little?
Install more parking at commuter rail stations, not just solar panels. I love me a good solar panel. I have them on my house and on my calculator. And, I’m … Continue Reading A Tale Of Two Stations
Californians have paid over $1800 per household. Now can we please find out why? California gas prices are over the dreaded $4 mark. That turns out to generate a lot … Continue Reading The Mystery Gasoline Surcharge Gets Some Respect
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?
Addressing, and even measuring, EJ is harder than it looks. Lots of people are talking about environmental injustice – from the Flint drinking water crisis to claims that cap-and-trade policies … Continue Reading An Economic Perspective on Environmental Justice
It has a face that only economists can love? We economists have long been enamored with carbon pricing. The concept is simple and sensible. If the economic damages from greenhouse … Continue Reading The Trouble with Carbon Pricing