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Energy Policy Symposium
Market Responses and the Effectiveness of Energy Policies

 

Nathaniel Keohane, White House, Howard Gruenspecht , EIA, Bryan Mignone, DOEOn June 21 and 22, 2011, Resources for the Future hosted the second annual joint Energy Policy Symposium with the University of Chicago on “Market Responses and the Effectiveness of Energy Policies.” 

 
This year’s event brought together an esteemed group of senior policymakers, leading researchers and academics, and representatives from numerous federal government agencies as well as international and U.S. nonprofit organizations. The conference series is designed to convene leading energy economics researchers and policymakers and promote open dialogue on pertinent energy policy issues.


The conference covered a breadth of subjects from offshore oil drilling to the impact of gasoline price changes on automobile purchases to electricity generation efficiency. Nine research presentations focused on the following topics:

  • consumer responses to energy information and prices,
  • the impact of policies and incentives on energy supply, and
  • the consequences of market-based approaches to energy and emissions regulation.

The symposium culminated in a panel discussion by senior government policymakers, which offered unique insights into their “wish list” for the future of environmental and energy economics research. Conference presentations and papers are available below.

Event Agenda

Tuesday, June 21, 2011    

Opening Remarks: Mark Cohen, Resources for the Future and Robert Topel, University of Chicago

Consumer Responses To Energy Information & Prices

How Many Economists does it take to Change a Light Bulb? A Natural Field Experiment on Technology Adoption

David H. Herberich, John A. List, and Michael K. Price, University of Chicago
(Download Presentation)
Discussant: Matt Kotchen, Yale University

Gasoline Prices: Permanent versus Transitory Changes 

Shanjun Li, Joshua Linn, Resources for the Future; and Erich Muehlegger, Harvard University (Download Presentation) (Download Paper)
Discussant: Chad Syverson, University of Chicago (Download Presentation)

Rational Inattention and Energy Efficiency

James Sallee, University of Chicago (Download Presentation) (Download Paper)
Discussant: David Austin, Congressional Budget Office (Download Presentation)

Lunch: John German, International Council on Clean Transportation (Download Presentation)

Impact of Policies and Incentives on Energy Supply

Taxation and the Extraction of Exhaustible Resources: Evidence from California Oil Production

Nirupama Rao, New York University (Download Presentation) (Download Paper)
Discussant:
Rob Williams, Resources for the Future and University of Maryland
(Download Presentation)

“Drill Safely Drill” – The Role of Compliance Inspections on Oil & Gas Platforms in the Gulf of Mexico

Lucija Muehlenbachs and Mark Cohen, Resources for the Future
(Download Presentation) (Download Paper)
Discussant:
Ryan Kellogg, University of Michigan (Download Presentation)

Cost-Effectiveness of Electricity Energy Efficiency Programs

Toshi H. Arimura, Sophia University; Shanjun Li, Resources for the Future; Richard G. Newell, Duke University; and Karen Palmer, Resources for the Future 
(Download Presentation) (Download Paper)
Discussant:
Ann Wolverton, U.S. Environmental Protection Agency (Download Presentation)

Dinner: “Future of Nuclear Energy: Focus on Research Needs & Policy Landscape” Phil Sharp and Bob Fri, Resources for the Future

Wednesday, June 22, 2011

Estimating the Impact of Restructuring on Electricity Generation Efficiency: The Case of the Indian Thermal Power Sector

Maureen L. Cropper, Resources for the Future and University of Maryland; Alex Limonov, Resources for the Future; Kabir Malik, University of Maryland; and Anoop Singh, Indian Institute of Technology (Download Presentation) (Download Paper)
Discussant: John Besant-Jones, The World Bank (Download Presentation)

Consequences of Market-Based Approaches to Energy and Emissions Regulation 

Defending Against Environmental Insults: Drugs, Emergencies, Deaths and the NOx Emissions Market

Oliver Deschenes, University of California–Santa Barbara; Michael Greenstone and Joseph Shapiro, Massachusetts Institute of Technology (Download Presentation)
Discussant:
Robert Topel, University of Chicago (Download Presentation)

Trading Ratios and Clean Energy Standards

Harrison Fell and Joshua Linn, Resources for the Future
(Download Presentation) (Download Paper) 
Discussant:
Shaun McRae, University of Michigan (Download Presentation)

Lunch: Government Policy Panel – What Energy Economics Research would be of Most Value to Policy Makers?

Nathaniel Keohane, The White House
Howard Gruenspecht , U.S. Energy Information Administration
Bryan Mignone, U.S. Department of Energy (Download Presentation)

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