Climate change

Recent Scholarly Publications

Records 24 / 50

Market Design in a Zero Marginal Cost Intermittent Renewable Future

June 2020

The basic features of an efficient short-term wholesale market design do not need to change to accommodate a significantly larger share of zero marginal cost intermittent renewable energy from wind...

An Experimental Comparison of Carbon Pricing Under Uncertainty in Electricity Markets

May 2020

We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap-and-trade policies.

Retail Pricing in Colombia to Support the Efficient Deployment of Distributed Generation and Electric Vehicles

April 2020

Electricity tariff reforms will be an essential part of the clean energy transition. Existing tariffs rely on average cost pricing and often set a price per unit that exceeds marginal cost.

Locational Marginal Network Tariffs for Intermittent Renewable Generation

November 2019

The variability of solar and wind generation increases transmission network operating costs associated with maintaining system stability.

Measuring the Impact of Own and Others' Experience on Project Costs in the U.S. Wind Generation Industry

July 2019

We investigate the relationship between accumulated experience completing wind power projects and the cost of installing wind projects in the U.S. from 2001-2015.

Electricity Market Design and Renewables Integration in Developing Countries

February 2017

This paper identifies the key features of successful electricity market designs that are particularly relevant to the experience of low-income countries.

Assessing the Impact of the Diffusion of Shale Oil and Gas Technology on the Global Coal Market

September 2016

A spatial equilibrium model of the world coal market is developed that accounts for coal to natural gas switching in the electricity sector in the United States and Europe, the potential for China...

The Economic and Environmental Benefits of Integrating International Coal and Natural Gas Markets

October 2013

Unconventional natural gas and the technologies developed to extract it in the U.S.

Cleaning Up Coal: From climate culprit to solution

July 2012

Industrial Organization of the Chinese Coal Industry

December 2011

China’s annual coal production, at 3.24 billion tonnes (Gt) in 2010, accounted for nearly half of the global total.  In this comprehensive analysis of China’s coal value chain, Jianjun Tu examines...

Improved stoves in India: A study of sustainable business models

August 2011

Abstract:Burning of biomass for cooking is associated with health problems and climate change impacts.

Bigger is Better: Avoided Deforestation Offsets in the Face of Adverse Selection

March 2011

Voluntary opt-in programs to reduce emissions in unregulated sectors or countries have spurred considerable discussion.

The Future of South African Coal: Market, Investment, and Policy Challenges

January 2011

As the world's fifth largest coal exporter and a key swing supplier between the Atlantic and Pacific coal markets, South Africa is a crucial player in global markets.  While the country has long...

Adverse Selection in an Opt-in Emissions Trading Program: The Case of Sectoral Crediting for Transportation

September 2010

Sectoral crediting mechanisms such as sectoral no-lose targets have been proposed as a way to provide incentives for emission reductions in developing countries as part of an international climate...

Making Carbon Offsets Work in the Developing World: Lessons from the Chinese Wind Controversy

March 2010

The Clean Development Mechanism (CDM) is the leading international carbon market and a driving force for sustainable development globally.

Promoting Clean Development Competing Market Mechanisms Post-2012

October 2009

(Excerpt) According to climate scientists, averting the worst consequences of climate change requires that the increase in global temperature should be limited to 2°C (or 3.6°F).

Real Drivers of Carbon Capture and Storage in China and Implications for Climate Policy

August 2009

The capture and permanent storage of CO2 emissions from coal combustion is now widely viewed as imperative for stabilization of the global climate.  Coal is the world’s fastest growing fossil fuel....

Climate Change and the Energy Challenge: A Pragmatic Approach for India

August 2009

India has been famous for arguing that it (and the rest of the developing world) should incur no expense in controlling emissions that cause climate change.

Finesses and Game-Changers in Frontier Project Development: The Case of Carbon Capture and Storage

August 2009

Project development is particularly challenging in “frontier” environments where alternative technologies, conflicting laws and agencies, and uncertain benefits or risks constrain the knowledge or...

Role of Carbon Capture Technologies in Greenhouse Gas Emissions Reduction Models: A Parametric Study for the U.S. Power Sector

June 2009

This paper analyzes the potential contribution of carbon capture and storage (CCS) technologies to greenhouse gas emissions reductions in the U.S.

Carbon Capture and Storage: An Assessment of Required Technological Growth Rates and Capital Investments

May 2009

In this new working paper PESD research affiliate Danny Cullenward studies the required rates of growth and capital investments needed to meet various long-term projections for CCS.

Climate Change and the Energy Challenge: A Pragmatic Approach for India

March 2009

India has been famous for arguing that it (and the rest of the developing world) should incur no expense in controlling emissions that cause climate change.  The west caused the problem and it...

The Geoengineering Option

March 2009