NEWS: CURRENT 2014
Why the Job Market Actually Improved After the BP Oil Spill
[The Washington Post ]...JOSEPH ALDY: "What we found was that the region of Louisiana that supports offshore oil and gas drilling did fine...There's decent evidence that they saw employment higher than other parts of the region. Certainly, they did not see employment fall." Read the full interview here and the related HEEP Discussion Paper here.
The U.S. Environmental Protection Agency (EPA), at the direction of President Obama, released a landmark rule on June 2, 2014 that aims to reduce carbon emissions from the electric-power sector by 30 percent, nationwide, below 2005 levels by 2030. Learn more here.
HEEP Faculty Fellow and Professor of Economics at Harvard University Martin Weitzman discussed the potential of carbon taxes and cap-and-trade programs to deal with climate change. He also expressed his concerns regarding geoengineering. The lecture, "Why is the Economics of Climate Change so Difficult and Controversial?" was given at the Mercator Research Institute on Global Commons and Climate Change (MCC) in Berlin, Germany on May 28, 2014. Read more here. The Harvard Project on Climate Agreements, affiliated with HEEP, has collaborated with Mercator in the past (see here and here).
HEEP Faculty Fellow Rohini Pande and HEEP Director Robert Stavins co-hosted a session at IDEASpHERE, a two day event at Harvard Kennedy School attended by donors, alumni, faculty, and students. The session, "Harnessing Market Forces to Protect the Climate," discussed the role in using economics to address climate change. Learn more here.
HEEP Student Paper Prizes 2013-2014
The Harvard Environmental Economics Program has, for the fifth consecutive year, awarded three prizes to Harvard University students for the best research papers addressing a topic in environmental, energy, or resource economics—one prize each for an undergraduate paper or senior thesis, master's student paper, and doctoral student paper. Each prize was accompanied by a monetary award. Read the details here.
HEEP Pre-Doctoral Fellow Alum Joins NBER
HEEP Pre-Doctoral Fellow alumnus and 2013 winner of the HEEP Enel Endowment Prize for the best environmental economics paper by a doctoral student, Steve Cicala, has become a Faculty Research Fellow of the National Bureau of Economic Research (NBER). Steve is currently an Assistant Professor at the Harris School of Public Policy at The University of Chicago.
HEEP has built and made publicly available an online bibliography of research literature on the "energy-efficiency gap." Learn more here.
HEEP Co-Sponsors Workshop on the Energy-Efficiency Gap in Germany
HEEP co-sponsored a research workshop on the energy-efficiency gap, with the Centre for European Economic Research (ZEW) and the Duke University Energy Initiative, in March 2014. Learn more here.
IPCC Releases Mitigation Report; Harvard Project Director Plays Key Role
The important work of the Intergovernmental Panel on Climate Change (IPCC) is receiving worldwide attention following the recent release of the Panel's Fifth Assessment Report (AR5). The Report has been prepared by hundreds of experts over the last four years; it reviews and assesses the most advanced research on climate change and summarizes it for policy makers around the world. The IPCC's assessment reports are considered the benchmark for scientific understanding of climate change. Learn more here.
HEEP Pre-Doctoral Fellow Samuel Stolper was awarded the 2014-2015 Joseph Crump Fellowship to pursue research on natural resource issues. Sam will be collaborating with the Regulatory Policy Project (RPP) and the Environment and Natural Resources Program (ENRP) at the Harvard Kennedy School. Professor Joseph Aldy, Faculty Chair of RPP and HEEP Faculty Fellow, will be advising Sam throughout the process.
HEEP Pre-Doctoral Fellow Richard Sweeney, and HEEP Pre-Doctoral Fellow alum Hunt Allcott co-authored a discussion paper titled "Information Disclosure through Agents: Evidence from a Field Experiment." The authors conducted a natural field experiment exploring consumer buying habits towards energy efficient products.
The Harvard Environmental Economics Program will award three prizes in May 2014 for the best research papers addressing topics in environmental, energy, and natural-resource economics:
The James M. and Cathleen D. Stone Prize for best senior paper or thesis: $1,000
HEEP Prize for best masters student paper: $1,500
The Enel Endowment Prize for best doctoral student paper: $2,000
Read the details here.
HEEP Director Robert N. Stavins delivered a presentation on February 4, 2014 in Tokyo, Japan titled "An Economic Perspective on Climate Change Policy," at a symposium hosted by the Research Institute of Innovative Technology for the Earth (RITE). Read more about the symposium here.
Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth and HEEP Faculty Fellow, argues that in practice, the alternative to market-based regulation is not an absence of regulation, but rather the return of inefficient mandates and subsidies. Read the full op-ed here.
HEEP Director Robert N. Stavins delivered a presentation titled "Be Careful What You Wish for – Lessons from U.S. Cap-and-Trade Experience," in Brussels, Belgium, on February 12-13, 2014. Read more about the workshop here.
Does temperature affect economic performance—and has it always affected social welfare through its impact on physical and cognitive function? This paper presents a model of labor supply under thermal stress, building on a longstanding physiological literature linking thermal stress to health and task performance. Read more HEEP Discussion Papers here.
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