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Publications

Viewing all publications in Climate and Energy Policy
  • Who Knows What: Information Barriers to Efficient DER Roll-Out Cover

    Who Knows What: Information Barriers to Efficient DER Roll-Out

    Working Paper

    While academic research on Distributed Energy Resources (DERs) has been mostly focused on first-best systems, we hypothesize that in reality multiple information barriers to efficient DER roll-out exist. We thus study the prevalence and importance of information issues arising in the context of deployment of DERs by reviewing the existing engineering and economic literature on distributed resources, analyzing DER-related regulatory proceedings, and surveying the relevant electricity sector stakeholders for their perception of information relevance and accessibility.

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  • Strategic Policymaking for Implementing Renewable Portfolio Standards: A Tri-level Optimization Approach Cover

    Strategic Policymaking for Implementing Renewable Portfolio Standards: A Tri-level Optimization Approach

    Forthcoming

    Appropriately designed renewable support policies can play a leading role in promoting renewable expansions and contribute to low emission goals. Meanwhile, ill-designed policies may distort electricity markets, put power utilities and generation companies on an unlevel playing field and, in turn, cause inefficiencies. This paper, forthcoming in IEEE Transactions on Power Systems, proposes a framework to optimize policymaking for renewable energy sources, while incorporating conflicting interests and objectives of different stakeholders.

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  • Tune Up Cover

    Tune Up

    Fixing Market Failures to Cut Fuel Costs and Pollution from Cars and Trucks

    This report analyzes a key issue in U.S. transportation policy: the energy efficiency gap. We discuss the market failures that cause it, and recommend that the Biden administration continue the longstanding practice of incorporating private fuel savings in any evaluation of the costs and benefits of stronger standards for cars and trucks.

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  • Gauging Economic Consensus on Climate Change – Issue Brief Cover

    Gauging Economic Consensus on Climate Change – Issue Brief

    We conducted a large-sample global survey on climate economics, which we sent to all economists who have published climate-related research in the field’s highest-ranked academic journals; 738 responded. To our knowledge, this is the largest-ever expert survey on the economics of climate change. The results show an overwhelming consensus that the costs of inaction on climate change are higher than the costs of action, and that immediate, aggressive emissions reductions are economically desirable.

    This Issue Brief highlights key takeaways from the survey. A more detailed report is available here.

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  • Gauging Economic Consensus on Climate Change Cover

    Gauging Economic Consensus on Climate Change

    We conducted a large-sample global survey on climate economics, which we sent to all economists who have published climate-related research in the field’s highest-ranked academic journals; 738 responded. To our knowledge, this is the largest-ever expert survey on the economics of climate change. The results show an overwhelming consensus that the costs of inaction on climate change are higher than the costs of action, and that immediate, aggressive emissions reductions are economically desirable.

    Read more