As states and cities across the United States work to cut carbon emissions from every sector, they’re starting to tackle a crucial transition: eliminating fossil fuels in buildings. Burning fossil fuels, primarily gas, to heat space and water and cook ...
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  1. The New Economics of Electrifying Buildings - An Analysis of Seven Cities - All-Electric New Homes: A Win for the Climate and the Economy
  2. New Report Finds Current Transmission Interconnection Process Unworkable and Inefficient, Raising Energy Costs for Customers and Stifling Job Creation
  3. The Benefits and Costs of Decarbonizing Costa Rica's Economy
  4. Local Sectoral Specialization in a Warming World
  5. The Value of Time in the United States: Estimates from Nationwide Natural Field Experiments
  6. More Recent Articles

The New Economics of Electrifying Buildings - An Analysis of Seven Cities - All-Electric New Homes: A Win for the Climate and the Economy

As states and cities across the United States work to cut carbon emissions from every sector, they’re starting to tackle a crucial transition: eliminating fossil fuels in buildings. Burning fossil fuels, primarily gas, to heat space and water and cook food poses a risk to climate goals and public health. Thus, spurring the shift to modern, electric appliances like heat pumps becomes critical.... 
      

New Report Finds Current Transmission Interconnection Process Unworkable and Inefficient, Raising Energy Costs for Customers and Stifling Job Creation

On January 12, 2021 a report was released that shows that the current system for interconnecting generators to the transmission grid is unworkable and inefficient, creating a backlog of unbuilt energy projects. These lengthy interconnection queues have resulted in increased electricity costs for consumers, delayed rural economic development and job creation, and an added difficulty for clean  
      

The Benefits and Costs of Decarbonizing Costa Rica's Economy

Costa Rica's National Decarbonization Plan (NDP) sets the ambitious goal for the country to become carbon-neutral by 2050 and lays out a wide range of policy and institutional reforms to achieve this goal. The authors of this report developed an integrated model that estimates the benefits and costs of implementing the NDP in all major sectors, informed by consultations with numerous government  
      

Local Sectoral Specialization in a Warming World

Abstract:This paper quantitatively assesses the world's changing economic geography and sectoral specialization due to global warming. It proposes a two-sector dynamic spatial growth model that incorporates the relation between economic activity, carbon emissions, and temperature. The model is taken to the data at the 1° by 1° resolution for the entire world. Over a 200-year horizon, rising
      

The Value of Time in the United States: Estimates from Nationwide Natural Field Experiments

AbstractThe value of time determines relative prices of goods and services, investments, productivity, economic growth, and measurements of income inequality. Economists in the 1960s began to focus on the value of non-work time, pioneering a deep literature exploring the optimal allocation and value of time. By leveraging key features of these classic time allocation theories, we use a novel
      

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