Environmental and Energy Policy and the Economy

Volume 5

Matthew J. Kotchen, Tatyana Deryugina, Catherine D. Wolfram

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English

University of Chicago Press
15 April 2024

Business & management; Energy industries & utilities

Series: NBER-Environmental and Energy Policy and the Economy

Rigorous, careful, and nonpartisan research with a high policy impact on environmental and energy economics.

Environmental and Energy Policy and the Economy focuses on the effective and efficient management of environmental and energy challenges. Research papers offer new evidence on the intended and unintended consequences, the market and nonmarket effects, and the incentive and distributional impacts of policy initiatives and market developments.

This volume presents six new papers on environmental and energy economics and policy. Sarah Armitage, Noël Bakhtian, and Adam Jaffe review the literature on innovation market failures with an eye towards developing insights on the implementation of such policies in the climate and energy context. Richard Newell, William Pizer, and Brian Prest discuss alternative ways of accounting for capital displacement in benefit-cost analysis. Tihitina Andarge, Yongjie Ji, Bonnie Keeler, David Keiser, and Conor McKenzie provide new estimates of the distribution of environmental benefits and burdens of the Clean Water Act. E. Mark Curtis, Layla O'Kane, and Jisung Park examine the employment transitions into and out of sectors most likely affected by decarbonization. Lucas Davis provides a detailed analysis of heat pump adoption in the United States, showing that it may be one of the few energy-efficiency technologies for which subsidy take-up does not favor high-income households. Finally, Robert Huang and Matthew Kahn contribute to the political economy of U.S. energy policy, showing that many Republican-leaning states have a comparative advantage at generating some types of green power.

Edited by: Matthew J. Kotchen, Tatyana Deryugina, Catherine D. Wolfram
Imprint: University of Chicago Press
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm, Spine: 13mm
Weight: 367g
ISBN: 9780226835723
ISBN 10: 0226835723
Series: NBER-Environmental and Energy Policy and the Economy
Pages: 225
Publication Date: 15 April 2024
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

Matthew J. Kotchen is professor of economics at Yale University, with a primary appointment in the Yale School of the Environment and secondary appointments in the Yale School of Management and the Department of Economics. Tatyana Deryugina is associate professor of finance at the University of Illinois at Urbana-Champaign. Catherine D. Wolfram is the William F. Pounds Professor of Energy Economics at MIT Sloan School of Management. All three are research associates of the National Bureau of Economic Research.