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
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?
When it comes to electrification, all energy prices matter. While a lot of behavior that harms the environment is due to misguided libertarianism or selfishness, much of it also comes … Continue Reading Decarbonization Will Require Pricing Reform
Unequal access to air conditioning has important implications for productivity, health, and education. (Today’s post is co-authored by Stephen Jarvis, an assistant professor in the Department of Geography and Environment … Continue Reading Air Conditioning and Global Inequality