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Publications

Viewing all publications in Academic Articles/Working Papers
  • Option Value and the Social Cost of Carbon Cover

    Option Value and the Social Cost of Carbon

    What Are We Waiting For?

    Scientists and economists have long recognized that significant uncertainties and irreversibility characterize climate change. And yet, the social cost of carbon (SCC), the preeminent policy tool to address climate change applied by the U.S. government, does not include the option value (OV) that arises due to these characteristics. We demonstrate a simple methodology for approximating the OV underlying the SCC using the Bachelier formula

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  • Managing the Future of the Electricity Grid: Modernizing Rate Design Cover

    Managing the Future of the Electricity Grid: Modernizing Rate Design

    This article, published in the Harvard Environmental Law Review, argues that the electricity sector is at a critical juncture, and that a shift to a paradigm with a long-term vision that includes better, economically efficient rate designs is necessary if we want to realize the clean energy future that the modern grid promises us.

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  • State Nuisance Law and the Climate Change Challenge to Federalism

    Two legal questions must be answered before the plaintiffs can proceed to the merits of their cases. First, can one bring state nuisance suits for damages caused by interstate pollution? Second, if such claims can be brought, are they nevertheless preempted by federal law? This Note will demonstrate that there is significant legal precedent for allowing state nuisance suits concerning transboundary pollution and no basis for removing the current cases to federal court. It will then argue that courts should not find federal law preempts nuisance lawsuits against these defendants

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  • Institutional Pathologies in the Regulatory State Cover

    Institutional Pathologies in the Regulatory State

    What Scott Pruitt Taught Us About Regulatory Policy

    While Scott Pruitt’s aggressive deregulatory agenda while he served as Administrator of the Environmental Protection Agency got significant attention, many of his actions have been successfully challenged in the courts. This Article, published in the Journal of Land Use & Environmental Law, argues that these deregulatory efforts have been plagued by five pathologies that contributed to their legal vulnerability.

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  • Electricity Simulations on the Distribution Edge Cover

    Electricity Simulations on the Distribution Edge

    Developing a Granular Representation of End-User Electric Load Preferences using Smart Meter Data

    The electric distribution grid is transitioning toward a model in which customers can themselves provide a variety of services to the grid by investing in distributed energy resources (DERs) such as distributed solar generation, programmable appliances, and energy storage. However, customers’ incentives to make these investments depend on how they are being charged for electric service. Despite the topic’s importance for the electric distribution system of the future, the body of literature on the impact of electric rate design on the proliferation of DERs is still limited. Our research improves upon common assumptions of fixed electric demand by incorporating microeconomic theory into an existing engineering simulation model.

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