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Joseph E. Aldy
Title: Fellow
Phone: 202-328-5091
E-mail: aldy@rff.org


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Biography
Joe Aldy's research addresses questions about climate change policy, mortality risk valuation (value of statistical life), energy subsidies to low-income households, and energy policy. He has studied the design of international climate change policy architectures; the costs, effectiveness, and principles of emissions trading programs and other mitigation policies; and the relationship between economic development and greenhouse gas emissions. His research on mortality risk valuation focuses on how individuals' willingness to pay to reduce such risk varies over their lifetime. He has also evaluated how heating subsidies to low-income households can mitigate the effects of wintertime weather and energy price shocks on mortality among the elderly.

Aldy is the Co-Director of the Harvard Project on International Climate Agreements and the Co-Director of the International Energy Workshop.  He is an invited contributor to the American Meteorological Societys Climate Policy blog.  Aldy served on the staff of the President's Council of Economic Advisers from 1997 to 2000, where he was responsible for an array of environmental and resource issues. While there, he focused on climate change policy, air quality regulations, petroleum markets, electricity restructuring, hazardous waste policy, environmental issues in China, and sustainable development.  Aldy participated in bi-lateral and multi-lateral conferences and meetings on climate policy in Argentina, Bolivia, China, France, Germany, Kazakhstan, Korea, Israel, Mexico, and Uzbekistan, including COP-4, COP-5, the OECD, and the IEA.  He holds a PhD in economics from Harvard University, a MEM from the Nicholas School of the Environment, and a BA from Duke University.



PDF Version of Joseph E. Aldy's CV
 
Education
Doctor of Philosophy, Department of Economics, Harvard University, 2005

Master of Environmental Management, Nicholas School of the Environment, Duke University, 1995

Bachelor of Arts, Water Resources (independently designed curriculum), Duke University, 1993

 
Professional Experience
Fellow, Resources for the Future, 2005-present

Adjunct Assistant Professor, Department of Economics, Georgetown University, 2007-present

Lecturer, Applied Economics Program, Johns Hopkins University, 2007

Teaching Fellow, Department of Economics, Harvard University, 2001-2003

Senior Economist for the Environment and Natural Resources, Council of Economic Advisers, 1999-2000

Senior Advisor for the Global Environment, Council of Economic Advisers, 1998-1999

Staff Economist for the Environment and Natural Resources, Council of Economic Advisers, 1997-1998

Economist, Economic Research Service, Natural Resources and Environment Division, 1996-1997

Associate in Research, Nicholas School of the Environment, 1995-1996

 
Journal Articles
Climate Policy Architectures for the Post-Kyoto World
Joseph E. Aldy and Robert N. Stavins
Environment | May/June | Vol. 50, No. 3 | 6-17
Adjusting the Value of a Statistical Life for Age and Cohort Effects
Joseph E. Aldy and W. Kip Viscusi
Review of Economics and Statistics | forthcoming | Related Discussion Paper 06-19
Age Differences in the Value of Statistical Life: Revealed Preference Evidence
Joseph E. Aldy and W. Kip Viscusi
Review of Environmental Economics and Policy | forthcoming | Related Discussion Paper 07-05
Labor Market Estimates of the Senior Discount for the Value of Statistical Life
W. Kip Viscusi and Joseph E. Aldy
Journal of Environmental Economics and Management | 2007 | Vol. 53 | pp. 377-392 | Related Discussion Paper 06-12
Energy and Carbon Dynamics at Advanced Stages of Development: An Analysis of the U.S. States, 1960-1999
Joseph E. Aldy
The Energy Journal | 2007 | Vol. 28, Issue 1 | pp. 91-111 | Related Discussion Paper 06-13
Divergence in State-Level Per Capita Carbon Dioxide Emissions
Joseph E. Aldy
Land Economics | 2007 | Vol. 83, No. 3. | pp. 353-369 | Related Discussion Paper 06-07
Per Capita Carbon Dioxide Emissions: Convergence or Divergence?
Joseph E. Aldy
Environmental and Resource Economics | 2006 | Vol. 33, No. 4 | pp. 533-555 | Related Discussion Paper 05-53
An Environmental Kuznets Curve Analysis of U.S. State-Level Carbon Dioxide Emissions
Joseph E. Aldy
Journal of Environment and Development | U.S. EPA Special Issue, 2005 | Vol. 14, No. 1 | pp. 48-72
The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World
W. Kip Viscusi and Joseph E. Aldy
Journal of Risk and Uncertainty | 2003 | Vol. 27, No. 1 | pp. 5-76
Thirteen Plus One: A Comparison of Global Climate Policy Architectures
Joseph E. Aldy, Scott Barrett, and Robert N. Stavins
Climate Policy | 2003 | Vol. 3, No. 4 | pp. 373-397 | Related Discussion Paper 03-26
Environmental Equity and the Conservation of Unique Ecosystems: An Analysis of the Distribution of Benefits for Protecting Southern Appalachian Spruce-Fir Forests
Joseph E. Aldy, Randall A. Kramer, and Thomas P. Holmes
Society and Natural Resources | 1999 | Vol. 12 | pp. 93-106
The Role of Technology in Sustaining Agriculture and the Environment
Joseph E. Aldy, James Hrubovcak, and Utpal Vasavada
Ecological Economics | 1998 | Vol. 26 | pp. 81-96
Unit Pricing of Residential Municipal Solid Waste: Lessons from Nine Case Study Communities
Marie Lynn Miranda and Joseph E. Aldy
Journal of Environmental Management | 1998 | Vol. 52, No. 1 | pp. 79-93
Economics of Sustainable Agriculture
Utpal Vasavada, Jim Hrubovcak, and Joseph E. Aldy
Agricultural Outlook | 1997 | Vol. 238 | pp. 21-24
Recycling Jumps When Communities Use Unit Pricing for Residential Garbage
Marie Lynn Miranda and Joseph E. Aldy
Resource Recycling | 1996 | Vol. 15, No. 8 | pp. 27-31
 
Books, Chapters, and Reports
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Joseph E. Aldy and Robert N. Stavins, eds.
Cambridge, UK: Cambridge University Press | 2007
Architectures for an International Global Climate Change Agreement: Lessons for the Policy Community
Joseph E. Aldy and Robert N. Stavins
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World | Joseph E. Aldy and Robert N. Stavins, eds. | Cambridge, UK: Cambridge University Press | 2007
International Policy Architecture for Global Climate Change
Joseph E. Aldy and Robert N. Stavins
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World | Joseph E. Aldy and Robert N. Stavins, eds. | Cambridge, UK: Cambridge University Press | 2007
Saving the Planet Cost-Effectively: The Role of Economic Analysis in Climate Change Mitigation Policy
Joseph E. Aldy
Painting the White House Green | Randall Lutter and Jason F. Shogren, eds. | RFF Press | 2004 | 89-118
Addressing Cost: The Political Economy of Climate Change
Joseph E. Aldy, Richard Baron, and Laurence Tubiana
Beyond Kyoto: Advancing International Effort Against Climate Change | Arlington, VA: Pew Center on Global Climate Change | 2003
pp. 85-110
Can Annex I Countries Meet their Emissions Targets at Modest Costs?
Joseph E. Aldy
The Kyoto Commitments: Can Nations Meet Them with the Help of Technology? | C.E. Walker, M.A. Bloomfield, M. Thorning, eds. | Washington, DC: American Council for Capital Formation | 2000
Unit Pricing Programs for Residential Municipal Solid Waste: An Assessment of the Literature
Marie Lynn Miranda, Scott D. Bauer, and Joseph E. Aldy
Climate Change Division, Office of Policy, Planning, and Evaluation, US EPA | October 1995
 
Short Articles, Issue Briefs, and Other Publications
Using Emission Fees to Curb Greenhouse Gases: A Primer
Joe Aldy
Progressive Policy Institute Policy Memo
The Strategic Petroleum Reserve: A Short-Term Response
Joseph E. Aldy
Resources | Fall 2006 (163)
 
Selected Presentations
The Implications of International Climate Policy Design for Efforts to Reduce Poverty
Joseph E. Aldy
PREM Conference: Inclusive and Sustainable Growth, The World Bank | The World Bank | Washington, DC | April 15, 2008
Architectures for Agreement: Issues and Options for Post-2012 International Climate Policy
Joseph E. Aldy
The Future of Climate Change: A Policy Preview | Resources for the Future | San Francisco, CA | April 3, 2008
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Joseph E. Aldy and Robert N. Stavins
Energy Research Institute, National Development and Reform Commission | Energy Research Institute, National Development and Reform Commission | Beijing, China | March 28, 2008
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Joseph E. Aldy and Robert N. Stavins
Academic Seminar, Tsinghua University | Tsinghua University | Beijing, China | March 27, 2008
Energy Research Institute, National Development and Reform Commission, Beijing, March 28, 2008 China Academy of Social Sciences, Beijing, March 28, 2008
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Joseph E. Aldy and Robert N. Stavins
Foreign Correspondents' Club of Japan | Foreign Correspondents' Club of Japan | Tokyo, Japan | March 25, 2008
Architectures for Agreement: Issues and Options for Post-2012 International Climate Policy
Joseph E. Aldy
Global Roundtable on Climate Change, Earth Institute, Columbia University | Earth Institute, Columbia University | New York | February 13, 2008
Designing a Robust Post-2012 International Climate Policy Architecture
Joseph E. Aldy
What Price Energy Transformation: The Economics of Energy and Climate Change Seminar Sponsored by the German Marshall Fund and EcoLogic | The German Marshall Fund and EcoLogic | Washington DC | January 25, 2008
Strategies for Post-2012 Global Climate Policy: The Road after Bali
Joseph E. Aldy
Asia Society Panel Discussion: A Global Response to Climate Change | Asia Society | New York | January 22, 2008
A Numerical Analysis of the Heterogeneity of the Value of Life
Joseph E. Aldy
American Economic Association Annual Meeting, New Orleans 2008 | AEA/ASSA | New Orleans, LA | January 6, 2008
Architectures for Agreement: Issues and Options for Post-2012 International Climate Change Policy
Joseph E. Aldy, Robert N. Stavins, Carlo Carraro, and William A. Pizer
Official Side Event, United Nations Climate Change Conference, Bali, Indonesia | UNFCCC | Bali, Indonesia | December 10, 2007
Addressing Climate Change through a Domestic Carbon Fee
Joseph E. Aldy
Rethinking Climate Policy Workshop sponsored by AEI-Brookings Joint Center on Regulatory Studies | AEI-Brookings Joint Center on Regulatory Studies | Washington, DC | November 26, 2007
Strategies for Post-2012 Global Climate Policy
Joseph E. Aldy and Robert N. Stavins
Roundtable Conversation at The Centre, Brussels, Belgium | The Centre | Brussels, Belgium | November 16, 2007
Designing a Domestic Carbon Fee
Joseph E. Aldy
American Meteorological Society Workshop: Federal Climate Policy  Design Principles and Remaining Needs | American Meteorological Society | Washington, DC | November 13, 2007
Science & Society: Grand Challenges -- Climate Change
Joseph E. Aldy
AAAS Symposium | AAAS, Georgetown University, and the Smithsonian Institution | Washington, DC | November 5, 2007
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Joseph E. Aldy
World Bank Economic Policy and Debt Department and Sustainable Development Network Seminar | World Bank | Washington, DC | November 1, 2007
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Joseph E. Aldy
New Directions in Regulatory Policy, Mossavar-Rahmani Center for Business and Government, John F. Kennedy School of Government | Cambridge, MA | October 24, 2007
Managing Invasive Species Risks: A Case Study of Mad Cow/New Variant Creutzfeldt-Jakob Disease
Joseph E. Aldy
Invasive Species Management: 2007 PREISM Workshop | Economic Research Servcice | Washington, DC | October 19, 2007
Strategies for Post-Kyoto Global Climate Policy
Joseph E. Aldy and Robert N. Stavins
Strategies for Post-Kyoto Global Climate Policy Briefing | Resources for the Future | Washington DC | October 4, 2007
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Joseph E. Aldy
Research Department Seminar, International Monetary Fund | IMF, Washington DC | August 23, 2007
The Economic Impacts of Publicly-Held Emergency Oil Stocks
Joseph E. Aldy
International Energy Workshop | International Energy Workshop | Stanford University | June 25, 2007
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Joseph E. Aldy
The Brookings Institution Seminar | The Brookings Institution | Washington, DC | June 7, 2007
Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World
Joseph E. Aldy
EPRI Global Climate Change Research Seminar | EPRI | Washington, DC | May 30, 2007
How to Save the Planet? Integrating Policy Elements into a New Climate Policy Architecture
Joseph E. Aldy
Forum on Global Climate Strategies Beyond 2012: The Route Ahead | Florence School of Regulation, European University Institute | Madrid, Spain | April 11, 2007
The Competitiveness Impacts of Carbon Mitigation Policies
Joseph E. Aldy and William A. Pizer
Climate Policy Network, 5th Meeting | ZEW | ZEW, Mannheim, Germany | March 9, 2007
A Review of the Reviews of the Stern Review
Joseph E. Aldy
Climate Policy Network, 5th Meeting | ZEW | ZEW, Mannheim, Germany | March 9, 2007
Saving the Planet: The Challenge of Designing a Climate Policy Architecture
Joseph E. Aldy
Great Decisions Lecture Series | University of North Carolina -- Wilmington | Wilmington, NC | January 30, 2007
Evaluating the Benefits and Costs of Energy and Climate Change Policies: An Overview
Joseph E. Aldy
Global Energy and Climate Change Policy and Research Symposium | UCLA Institute of Transportation Studies | Lake Arrowhead, CA | October 22, 2006
Justice Implications of Global Climate Change
Joseph E. Aldy
Ecological Society of America Annual Meeting | ESA | Memphis, TN | August 8, 2006
Lessons from Alan Manne's Research for the Policy Community
Joseph E. Aldy
International Energy Workshop | UCT Energy Research Centre, Stanford Energy Modeling Forum, International Energy Agency, International Institute for Applied Systems Analysis | Cape Town, South Africa | June 29, 2006
Divergence in State-Level Per Capita Carbon Dioxide Emissions
Joseph E. Aldy
International Energy Workshop | UCT Energy Research Centre, Stanford Energy Modeling Forum, International Energy Agency, International Institute for Applied Systems Analysis | Cape Town, South Africa | June 28, 2006
Third World Congress of Environmental and Resource Economists, Kyoto, Japan, July 7, 2006
Economic Costs of Mitigating Greenhouse Gas Emissions
Joseph E. Aldy
North Carolina Commission on Global Climate Change | North Carolina Commission on Global Climate Change | Raleigh, NC | April 25, 2006
Adjusting the Value of a Statistical Life for Age and Cohort Effects
Joseph E. Aldy
Morbidity and Mortality: How Do We Value the Risk of Illness and Death? | U.S. EPA | Washington, DC | April 11, 2006
Economics of Population Health Conference American Society of Health Economists Madison, WI June 5, 2006; 3rd World Congress of Environmental and Resource Economists, Kyoto, Japan, July 7, 2006
The Design of the International Climate Change Policy Architecture: From Rio to Kyoto to the Future
Joseph E. Aldy
Global Dialogue on Natural Resources | The Dialogue UAE and the Center for Strategic and International Studies | Washington, DC | April 4, 2006
The Role of the Strategic Petroleum Reserve
Joseph E. Aldy
Taking Measure of U.S. Energy Policy: A Review of the Energy Policy Act of 2005 | Resources for the Future | November 2, 2005
An Environmental Kuznets Curve Analysis of U.S. State-Level Carbon Dioxide Emissions
Joseph E. Aldy
Colloquium on Socioeconomic Drivers of Greenhouse Gas Emissions | U.S. EPA and World Resources Institute | Washington, DC | September 29, 2005
Beyond Kyoto: The Future of International Climate Change Policy
Joseph E. Aldy and Andrew Keeler
Heartland Environmental and Resource Economics Workshop | Iowa State University | Ames, IA | September 19, 2005
Point of Regulation in a Greenhouse Gas Tradable Permit Program
Joseph E. Aldy
NCEP Climate Workshop Series: Design-Issues in Market-Based GHG Reduction Strategies | National Commission on Energy Policy | Washington, DC | September 16, 2005
Designing a Regime for Developing Countries that is Cost-Effective and Equitable
Joseph E. Aldy and Jeffrey A. Frankel
Leaders' Summit on Post-Kyoto Architecture: Toward an L20? | Council on Foreign Relations | New York, NY | September 21, 2004
Thirteen Plus One: A Comparison of Global Climate Policy Architectures
Joseph E. Aldy
International Energy Workshop | International Energy Agency, Stanford Energy Modeling Forum, and International Institute for Applied Systems Analysis | Paris | June 22, 2004
Environmental Forum, Stanford University, April 15, 2004
Age Variations in Workers' Value of Statistical Life
Joseph E. Aldy
Association of Environmental and Resource Economists Summer Workshop | AERE | Estes Park, CO | June 13, 2004
AERE/American Economic Association Meeting, San Diego, CA, January 4, 2004
Roundtable Discussion on Benefit-Cost Analysis
Joseph E. Aldy
Harvard Law School and Harvard Center for Risk Analysis | Harvard Law School and Harvard Center for Risk Analysis | Cambridge, MA | March 10, 2004
Addressing Cost: The Political Economy of Climate Change
Joseph E. Aldy
Beyond Kyoto: Advancing the International Effort Against Climate Change | Pew Center on Global Climate Change | Cocoyoc, Mexico | July 26, 2003
Climate Change: An Agenda for Global Collective Action
Joseph E. Aldy, Peter R. Orszag, and Joseph E. Stiglitz
Pew Center on Global Climate Change Workshop on the Timing of Climate Change Policies | Pew Center on Global Climate Change | Washington, DC | October 1, 2001
 
Awards
Rising Star Alumni Award, Nicholas School Alumni Association, Duke University, 2008

 

Stone Pre-Doctoral Fellow in Environmental and Resource Policy, 2005 (for best 2004 paper on Environmental and Resource Policy by a Harvard doctoral student)

Morris K. Udall Scholarship and Excellence in National Environmental Policy Foundation Fellowship, 2004-05

Repsol YPF-Harvard Kennedy School of Government Energy Policy Fellowship, 2003-04

Switzer Foundation Environmental Fellowship, 2003-04

Certificate of Distinction in Teaching, Harvard University, 2002, 2003

U.S. Environmental Protection Agency STAR Fellowship, 2000-03

 
Professional Activities
 

Seminars:

Brookings Institution, University of CaliforniaBerkeley, University of CaliforniaDavis, University of CaliforniaSanta Barbara, Carnegie Mellon University, Columbia University, Duke University, Harvard Law School, Harvard University, International Monetary Fund, Johns Hopkins University, John F. Kennedy School of Government, University of Kentucky, University of Maryland, University of Minnesota, Paul H. Nitze School of Advanced International Studies, Public Policy Institute of California, RAND Corporation, Resources for the Future, Rice University, Stanford University, University of TexasAustin, Triangle Resource and Environmental Economics Seminar (Duke/North Carolina State University/ Research Triangle Institute), Vanderbilt University, World Bank, Yale University

Journal Referee:

American Economic Review, B.E. Journals in Economic Analysis & Policy, Climate Policy, Climatic Change, Ecological Economics, Economics Letters, Energy Economics, Energy Journal, Energy Policy, Environmental and Resource Economics, Environment and Development Economics, International Economic Review, International Environmental Agreements, Journal of Environment and Development, Journal of Environmental Economics and Management, Journal of Environmental Management, Journal of Health Economics, Journal of Political Economy, Journal of Public Economics, Journal of Risk and Uncertainty, Quarterly Journal of Economics, Resource and Energy Economics, Review of Economic Studies, Water Resources Research

Reviewer:

Department of Energy, National Science Foundation, U.S. Climate Change Science Program, U.S. Environmental Protection Agency

Brookings Institution, Environmental Defense Fund, Pew Center on Global Climate Change, World Resources Institute

International Monetary Fund, World Bank

Cambridge University Press

Member:

American Economics Association
Association of Environmental and Resource Economists


Other Professional Activities:

Co-Director, Harvard Project on International Climate Agreements, 2007-9

Co-Director, International Energy Workshop, Cape Town 2006, Palo Alto 2007, Paris 2008
Advisor, Progressive Policy Institute Energy and Environment Project, 2006-7

Consulting Activities:

Center for American Progress, Electric Power Research Institute, Hewlett Foundation, Moore Foundation, Pew Center on Global Climate Change, Rockefeller Foundation, U.S. Department of Homeland Security, U.S. Environmental Protection Agency, World Wildlife Fund -- United States

 
Public Service
Member, Government Accountability Office Expert Panel on Climate Change Economics, 2007

 

Contributor, ClimatePolicy blog, www.climatepolicy.org, sponsored by AMS, 2007

 

Reviewer, Morris K. Udall Foundation Dissertation Fellowship Competition, 2007, 2008

 

Member, Government Accountability Office Expert Panel on the Strategic Petroleum Reserve, 2006

 

Member, Women in Economics Student Committee, Harvard University, 2001-2002

Class Agent, The Lexington School Alumni Board, Lexington, KY, 1999 - 2001

Member, Alumni Council, Nicholas School of the Environment, Duke University, 1997-2000

Founder and Member, Presidential Management Intern Environmental Working Group, 1996-2000