Working Papers

From Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research
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0905: The Cost of Climate Policy in the United States

Sergey Paltsev, John Reilly, Henry D. Jacoby and Jennifer F. Morris

0904: Update on the Cost of Nuclear Power

Yangbo Du and John E. Parsons

0903: On Coase and Hotelling

Matti Liski and Juan-Pablo Montero

0902: Multi-Factor Model of Correlated Commodity - Forward Curves for Crude Oil and Shipping Markets

Paul D. Sclavounos and Per Einar Ellefsen

0901: Designing a US Market for CO2

John E. Parsons, A. Denny Ellerman and Stephan Feilhauer

0819: Challenges for Creating a Comprehensive National Electricity Policy

Paul Joskow

0818: Grandfathering and the endowment effect - An Assessment in the context of the Spanish National Allocation Plan

Mar Reguant and A. Denny Ellerman

0817: A Top-down and Bottom-up look at Emissions Abatement in Germany in response to the EU ETS

A. Denny Ellerman and Stephan Feilhauer

0816: Long-term Energy Supply Contracts in European Competition Policy: Fuzzy not Crazy

Adrien de Hauteclocque and Jean-Michel Glachant

0815: World Oil: Market or Mayhem?

James Smith

0814: Do Trading and Power Operations Mix? The Case of Constellation Energy Group 2008

John E. Parsons

0813: The EU’s Emissions Trading Scheme: A Proto-Type Global System

A. Denny Ellerman

0812: Compliance Behavior in THE EU-ETS: Cross Border Trading, Banking and Borrowing

Raphael Trotignon and A. Denny Ellerman

0811: An Empirical Model of Imperfect Dynamic Competition and Application to Hydroelectricity Storage

Olli Kauppi and Matti Liski

0810: CO2 Abatement in the UK Power Sector: Evidence from the EU ETS Trial Period

Meghan McGuinness and A. Denny Ellerman

0809: The Effect of Power Plants on Local Housing Values and Rents: Evidence from Restricted Census Microdata

Lucas Davis

0808: SHORT-TERM CO2 Abatement in the European Power Sector

Erik D. Delarue, A. Denny Ellerman and William D. D’haeseleer

0807: The Oil Price Really Is A Speculative Bubble

R.S. Eckaus

0806: Forward Trading in Exhaustible-Resource Oligopoly

Matti Liski and Juan-Pablo Montero

0805: The Diversity of Design of TSOs

Vincent Rious, Jean-Michel Glachant, Yannick Perez and Philippe Dessante

0804: The Effects of Interactions between Federal and State Climate Policies

Meghan McGuinness and A. Denny Ellerman

0803: Oil Futures Prices in a Production Economy With Investment Constraints

Leonid Kogan, Dmitry Livdan and Amir Yaron

0802: The European Carbon Market In Action: Lessons From The First Trading Period. Interim Report

Frank Convery, Christian De Perthuis and Denny Ellerman

0801: Market Power and Electricity Market Reform in Northeast China

Xiaochun Zhang and John E. Parsons

0713: Quasi-Experimental and Experimental Approaches to Environmental Economics

Michael Greenstone and Ted Gayer

0712: Technical Memorandum on Analysis of the EU ETS Using the Community Independent Transaction Log

Meghan McGuinness and Raphael Trotignon

0711: The Macroeconomic Effects of Oil Price Shocks: Why are the 2000s so different from the 1970s?

Olivier Blanchard and Jordi Galí

0710: First Evidence of Asymmetric Cost Pass-Through of EU Emissions Allowances: Examining Wholesale Electricity Prices in Germany

Georg Zachmann and Christian Hirschhausen

0709: Reductions in Ozone Concentrations Due to Controls on Variability in Industrial Flare Emissions in Houston, Texas

Junsang Nam, Mort Webster, Yosuke Kimura, Harvey Jeffries, William Vizuete and David T. Allen

0708: The Effect of Variability in Industrial Emissions on Ozone Formation in Houston, Texas

Mort Webster, Junsang Nam, Yosuke Kimura, Harvey Jeffries, William Vizuete and David T. Allen

0707: Climate Change, Mortality, and Adaptation: Evidence from Annual Fluctuations in Weather in the US

Olivier Deschenes and Michael Greenstone

0706: Technologies, Markets and Challenges for Development of the Canadian Oil Sands Industry

Romain H. Lacombe and John E. Parsons

0705: Assessment of U.S. Cap-and-Trade Proposals

S. Paltsev, John Reilly, H. Jacoby, Angelo Gurgel, Gilbert Metcalf, A. Sokolov and J. Holak

0704: Time and Location Differentiated NOX Control in Competitive Electricity Markets Using Cap-and-Trade Mechanisms

Katherine C. Martin, Paul Joskow and A. Denny Ellerman

0703: Regulating Carbon Dioxide Capture and Storage

M.A. de Figueiredo, H.J. Herzog, Paul Joskow, K.A. Oye and David Reiner

0702: Public Attitudes Toward America’s Energy Options: Report of the 2007 MIT Energy Survey

Stephen Ansolabehere

0701: An Institutional Frame to Compare Alternative Market Designs in e U Electricity Balancing

Jean-Michel Glachant and Marcelo Saguan

0620: Does Hazardous Waste Matter? Evidence from the Housing Market and the Superfund Program

Michael Greenstone and Justin Gallagher

0619: The Future of Nuclear Power in the United States: Economic and Regulatory Challenges

Paul Joskow

0618: Infrastructure Investments and Resource Adequacy in the Restructured US Natural Gas Market – Is Supply Security at Risk?

Christian Hirschhausen

0617: Uncertainty in Environmental Economics

Robert Pindyck

0616: Over-Allocation or Abatement? A Preliminary Analysis of the EU ETS Based on the 2005 Emissions Data

Barbara Buchner and A. Denny Ellerman

0615: The Allocation of European Union Allowances: Lessons, Unifying Themes and General Principles

Barbara Buchner, Carlo Carraro and A. Denny Ellerman

0614: A New Era for Oil Prices

John V. Mitchell

0613: New Entrant and Closure Provisions-How do they distort?

A. Denny Ellerman

0612: Energy Prices and the Adoption of Energy-Saving Technology

Joshua Linn

0611: Stock Prices and the Cost of Environmental Regulation

Joshua Linn

0610: Long-Term Contracts and Asset Specificity Revisited – An Empirical Analysis of producer-Importer Relations in the Natural Gas Industry

Anne Neumann and Christian Hirschhausen

0609: COMPETITIVE ELECTRICITY MARKETS AND INVESTMENT IN NEW GENERATING CAPACITY

Paul Joskow

0608: A simple auction mechanism for the optimal allocation of the commons

Juan-Pablo Montero