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Journal Article
Putting a price on carbon
To address global warming, most economists favor a focus on prices, not quantities.
Journal Article
Micropower: The next big thing?
Journal Article
Energy: towards a solution?
Briefing
The case for direct methods to address CO2 emissions and other negative environmental externalities
Existing policies to reduce emissions of carbon dioxide (CO2) largely have been structured to subsidize alternative energy technologies. Yet these policies are likely not to be as useful as ones that target CO2 emissions directly, such as an emissions tax or a "cap and trade" program.
Journal Article
From market failure to market-based solution: policy lessons from clean air legislation
How can the United States balance its need for increased energy production with national and global environmental concerns? This Commentary argues that competitive markets can be used in unique and surprising ways to address environmental needs without placing an excessive burden on citizens.
Journal Article
Energy helps power the Southeastern economy
Journal Article
U.S. energy supplies and uses: staff economic study
Journal Article
The electricity system at the crossroads--policy choices and pitfalls
Can electricity markets be successfully opened to competition? Events ranging from California's electricity crisis to the fall of electricity trading giant Enron have caused policymakers to reexamine the benefits of restructuring the industry. This article examines policy developments in the Midwest and highlights some lessons that might help guide future electricity policy.