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 HarvardUniversity, a MEM from the NicholasSchool of the Environment, and a BA from DukeUniversity.
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 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, NicholasSchool Alumni Association, DukeUniversity, 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
RepsolYPF-HarvardKennedySchool of Government Energy Policy Fellowship, 2003-04
Switzer Foundation Environmental Fellowship, 2003-04
Certificate of Distinction in Teaching, HarvardUniversity, 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, PewCenter on Global Climate Change, World Resources Institute
International Monetary Fund, World Bank
CambridgeUniversity 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
