The quest for a lower cost, more reliable and cleaner grid is motivating states to cooperate. The operators of the electrical grid in the Western US have had a tough … Continue Reading Western States Build the Foundation of their Energy Future
What do record natural gas prices tell us about cost risks of fossil and renewable energy? Much of the US and Europe are breathing a collective sigh of relief as … Continue Reading The West Coast’s Bleak Energy Winter
Co-authored with Mark R. Jacobsen, James M. Sallee, and Arthur A. van Benthem – Exhaust standards drove 99% declines in vehicle emissions, but still need scrap incentives for old vehicles. … Continue Reading Are Vehicle Air Pollution Standards Effective, Efficient, and Equitable?
Historical baseline allocations can increase acceptance of emergency policies, or lock in unfair resource allocations. The price of a good may rise because inputs to making it become more expensive, … Continue Reading A Right to Keep Consuming?
Can we get more carbon mileage out of politically passable climate policy? Build Back Better (BBB) prospects are not looking so good. And the problem with swinging for the fences … Continue Reading Fighting Climate Change With Tax Credits
2021 felt a bit like “The Empire Strikes Back” towards the end there. The Energy policy revolution is still frozen in carbon(ite), largely thanks to Joe “Lando Calrissian” Manchin. Combine … Continue Reading Five Areas of Energy and Climate Progress to Watch for in 2022
Provocative new research delivers a carbon offset reality check. There’s lots to unpack from the COP26 meetings in Glasgow. One development that has economists talking is an agreement on how … Continue Reading Carbon Offsets Get a Green Light in Glasgow