Resources Article

European Union Reforms Its Carbon Emissions Market

Jul 10, 2018 | Dallas Burtraw, Amelia Keyes
Lower prices for carbon emissions allowances have posed a crisis of confidence in several trading programs. A new mechanism under the EU ETS appears to be good news for the program, helping allowance prices to stabilize.
Energy and Electricity International
Resources Article

Celebrating Collaborative Research and Expanding RFF’s Horizons

Jul 10, 2018 | Richard G. Newell
RFF announces the formation of a new institute in partnership with the Euro-Mediterranean Center on Climate Change and celebrates the achievements of Senior Fellow Karen Palmer.
International
Resources Article

Carbon Pricing for US Electricity Sector Now More Effective and Less Expensive

Jul 10, 2018 | Karen L. Palmer, Anthony Paul, Amelia Keyes
Long-run changes in the costs of renewables and natural gas as well as technological innovation have cut the cost of emissions reductions in the US electricity sector and made carbon pricing more potent than previously thought.
Climate Change Energy and Electricity
Resources Article

How to Harness Human Nature in a Heatwave

Jul 10, 2018 | Andrew Royal, Michael Zwirn
Analysis of a pilot program to encourage household energy conservation in Texas reveals that messaging interventions to “nudge” consumers reduced energy consumption and had notable effects on consumer behavior.
Energy and Electricity
Resources Magazine

Issue 198

Jul 10, 2018
Blog Post

GHG vs. GDP: Separating Signal from Noise

Jul 5, 2018 | Richard G. Newell, Brian C. Prest, Steven E. Sexton
New research provides insight on the performance of a large set of models that estimate the relationship between GDP and temperature.
Climate Change
Working Paper

The GDP Temperature Relationship: Implications for Climate Change Damages

Jul 5, 2018 | Richard G. Newell, Brian C. Prest, Steven E. Sexton | 61 pp.
In the absence of clear theoretical guidance on specific estimable forms for the aggregate GDP-temperature relationship, we consider the implications of model uncertainty for market damages of climate change.
Climate Change
Working Paper

Retirements and Funerals: The Emission, Mortality, and Coal-Mine Employment Effects of a Two-Year Delay in Coal and Nuclear Power Plant Retirements

Jul 5, 2018 | Daniel Shawhan, Paul Picciano | 23 pp.
A leaked US government memo proposes preventing the scheduled retirement of coal and nuclear power plants for two years. Using a detailed simulation model, we estimate the effects of such a policy on emissions, mortality, and coal-mine jobs.
Energy and Electricity
Blog Post

Adding Environmental Certainty to a Carbon Tax

Jun 27, 2018 | Gilbert E. Metcalf
The addition of an emissions assurance mechanism to a carbon tax is a way to ensure that a price-based environmental instrument leads to significant emission reductions.
Climate Change
Report

An Emissions Assurance Mechanism: Adding Environmental Certainty to a Carbon Tax

Jun 27, 2018 | Gilbert E. Metcalf | 10 pp.
This report describes how a carbon tax can be designed to achieve given emission reduction targets.
Climate Change