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Carolyn Fischer
Senior Fellow
202-328-5012
fischer@rff.org
RESEARCH TOPICS
 
PROFILE
Carolyn Fischer is a senior fellow at Resources for the Future and associate director of its Center for Climate and Electricity Policy. Her research focuses on policy mechanisms and modeling tools that cut across a variety of environmental and resource management issues. In the areas of climate change and energy policy, she has published articles on designing cap-and-trade programs, fuel economy standards, renewable portfolio standards, energy efficiency programs, technology policies, the Clean Development Mechanism, and the evaluation of international climate policy commitments. A recent focus of her research is the interplay between international trade and climate policy, options for avoiding carbon leakage, and the implications for energy-intensive, trade-exposed sectors. In areas of natural resources management, she has addressed issues of eco-certification, wildlife conservation, invasive species, and biotechnology, with particular emphasis on the opportunities and challenges posed by international trade.
  
Featured Publications
Combining Rate-based and Cap–and–Trade Emissions Policies
Carolyn Fischer
Climate Policy | December 2003 | Vol. 3, Supplement 2 | pp. S89-S103
 
Environmental and Technology Policy Options in the Electricity Sector: Interactions and Outcomes
Carolyn Fischer, Richard G. Newell, Louis Preonas
RFF Discussion Paper 13-20 | December 2013
 
Comparing Policies to Combat Emissions Leakage: Border Tax Adjustments versus Rebates
Carolyn Fischer and Alan K. Fox
Journal of Environmental Economics and Management | September 2012 | Vol. 64, No. 2. | pp. 199–216 | Related Discussion Paper 09-02
 
Alternative Climate Policies and Intertemporal Emissions Leakage: Quantifying the Green Paradox
Carolyn Fischer, Stephen W. Salant
RFF Discussion Paper 12-16 | April 2012
 
Climate Policy, Uncertainty, and the Role of Technological Innovation
Carolyn Fischer and Thomas Sterner
Journal of Public Economy Theory | March 2012 | Vol. 14, No. 2 | pp. 285-309.
 
Alternative Climate Policies and Intertemporal Emissions Leakage
Carolyn Fischer
ASSA Meetings | American Economic Association | Chicago, IL | January 6, 2012
 
Emissions Targets and the Real Business Cycle
Carolyn Fischer and Michael Springborn
Journal of Environmental Economics and Management | November 2011 | Vol. 62, No. 3, | 352–366 | Related Discussion Paper 09-47 REV
 
Cost-Effective Unilateral Climate Policy Design: Size Matters
Cristoph Bohringer, Carolyn Fischer, Knut Einar Rosendahl
RFF Discussion Paper 11-34 | July 2011
 
The Role of Trade and Competitiveness Measures in US Climate Policy
Carolyn Fischer and Alan K.Fox
American Economic Review | May 2011 | Vol. 101, No. 3 | pp. 258–62
 
The Global Effects of Subglobal Climate Policies
Christoph Boehringer, Carolyn Fischer, and Knut Einar Rosendahl
The B.E. Journal of Economic Analysis & Policy | Vol. 10, No. 2 | Related Discussion Paper 10-48
 
On the Scope for Output-Based Rebating in Climate Policy: When Revenue Recycling Isn’t Enough (or Isn’t Possible)
Carolyn Fischer, Alan Fox
RFF Discussion Paper 10-69 | December 2010
 
Imperfect Competition, Consumer Behavior, and the Provision of Fuel Efficiency in Light-Duty Vehicles
Carolyn Fischer
RFF Discussion Paper 10-60 | December 2010
 
Combining Policies for Renewable Energy: Is the Whole Less Than the Sum of Its Parts?
Carolyn Fischer and Louis Preonas
International Review of Environmental and Resource Economics | Vol. 4, No. 1 | pp. 51-92 | Related Discussion Paper 10-19
 
Does Trade Help or Hinder the Conservation of Natural Resources?
Carolyn Fischer
Review of Environmental Economics and Policy | Winter 2010 | Vol. 4, No. 1 | pp. 103-121
 
Combining Rebates with Carbon Taxes: Optimal Strategies for Coping with Emissions Leakage and Tax Interactions
Carolyn Fischer, Alan Fox
RFF Discussion Paper 09-12 | May 2009
 
When do Renewable Portfolio Standards Lower Electricity Prices?
Fischer, C.
The Energy Journal | 2010 | Vol. 31, No. 1 | 101-120. | Related Discussion Paper 06-20
 
Output-Based Allocation of Emissions Permits for Mitigating Tax and Trade Interactions
Carolyn Fischer and Alan Fox
Land Economics | 2007 | Vol. 83, No. 4 | pp. 575-599 | Related Discussion Paper 04-37
 
Comparing Policies to Combat Emissions Leakage: Border Tax Adjustments versus Rebates
Carolyn Fischer, Alan Fox
RFF Discussion Paper 09-02 | February 2009
Related journal article
 
Environmental and Technology Policies for Climate Mitigation
Carolyn Fischer and Richard Newell
Journal of Environmental Economics and Management | 2008 | Vol. 55, No. 2 | pp. 142-162 | Related Discussion Paper 04-05
 
View All Related Publications
JOURNAL ARTICLES
Combining Rate-based and Cap–and–Trade Emissions Policies
Carolyn Fischer
Climate Policy | December 2003 | Vol. 3, Supplement 2 | pp. S89-S103
 
Climate policy and fiscal constraints: Do tax interactions outweigh carbon leakage?
Carolyn Fischer and Alan K. Fox
Energy Economics | December 2012 | Vol. 34 (Supplement 2) | pp. S218–227 | Related Discussion Paper 12-19
 
Comparing Policies to Combat Emissions Leakage: Border Tax Adjustments versus Rebates
Carolyn Fischer and Alan K. Fox
Journal of Environmental Economics and Management | September 2012 | Vol. 64, No. 2. | pp. 199–216 | Related Discussion Paper 09-02
 
How Should Support for Climate-Friendly Technologies Be Designed?
Carolyn Fischer, Asbjørn Torvanger, Manish Kumar Shrivastava, ThomasSterner & Peter Stigson
AMBIO: A Journal of the Human Environment | 2012 | Vol. 41, Supp. 1, | pp. 33-45.
 
Short-Run Allocation of Emissions Allowances and Long-Term Goals for Climate Policy
Lars Zetterberg, Markus Wråke, Thomas Sterner, Carolyn Fischer and Dallas Burtraw
Ambio | Vol. 41, Supplement 1 | 23-32
 
Climate Policy, Uncertainty, and the Role of Technological Innovation
Carolyn Fischer and Thomas Sterner
Journal of Public Economy Theory | March 2012 | Vol. 14, No. 2 | pp. 285-309.
 
Emissions Targets and the Real Business Cycle
Carolyn Fischer and Michael Springborn
Journal of Environmental Economics and Management | November 2011 | Vol. 62, No. 3, | 352–366 | Related Discussion Paper 09-47 REV
 
The Role of Trade and Competitiveness Measures in US Climate Policy
Carolyn Fischer and Alan K.Fox
American Economic Review | May 2011 | Vol. 101, No. 3 | pp. 258–62
 
The Global Effects of Subglobal Climate Policies
Christoph Boehringer, Carolyn Fischer, and Knut Einar Rosendahl
The B.E. Journal of Economic Analysis & Policy | Vol. 10, No. 2 | Related Discussion Paper 10-48
 
Combining Policies for Renewable Energy: Is the Whole Less Than the Sum of Its Parts?
Carolyn Fischer and Louis Preonas
International Review of Environmental and Resource Economics | Vol. 4, No. 1 | pp. 51-92 | Related Discussion Paper 10-19
 
Does Trade Help or Hinder the Conservation of Natural Resources?
Carolyn Fischer
Review of Environmental Economics and Policy | Winter 2010 | Vol. 4, No. 1 | pp. 103-121
 
Managing Partially Protected Resources under Uncertainty
Carolyn Fischer, Ramanan Laxminarayan
Journal of Environmental Economics and Management | Vol. 59, No. 2 | pp. 129-141
 
Managing Partially Protected Resources Under Uncertainty
Carolyn Fischer, Ramanan Laxminarayan
Journal of Environmental Economics and Management | March 2010 | Vol. 59, No. 2 | pp. 129-141
 
Spatial Management of Invasive Species: Pathways and Policy Options
Jim N. Sanchirico, Heidi J. Albers, Carolyn Fischer and Conrad Coleman
Environmental and Resource Economics | April 2010 | Vol. 45, No. 4 | 517-535
 
When do Renewable Portfolio Standards Lower Electricity Prices?
Fischer, C.
The Energy Journal | 2010 | Vol. 31, No. 1 | 101-120. | Related Discussion Paper 06-20
 
Understanding Bias in EIA Projections of Energy Demand
Carolyn Fischer, Richard Morgenstern, Evan Herrnstadt
Resource and Energy Economics | August 2009 | Vol. 31, No. 3 | pp. 198-209. | Related Discussion Paper 07-54
 
Comparing Flexibility Mechanisms for Fuel Economy Standards
Carolyn Fischer
Energy Policy | 2008 | Vol. 36. No. 8 | 3106-3114.
 
A Bioeconomic Model of Community Incentives for Wildlife Management Under CAMPFIRE
Carolyn Fischer, Edwin Muchapondwa, and Thomas Sterner
Environmental and Resource Economics | Vol. 48 | pp. 303–319 | Related Discussion Paper 05-06
 
Environmental and Technology Policies for Climate Mitigation
Carolyn Fischer and Richard Newell
Journal of Environmental Economics and Management | 2008 | Vol. 55, No. 2 | pp. 142-162 | Related Discussion Paper 04-05
 
Output-Based Allocation of Emissions Permits for Mitigating Tax and Trade Interactions
Carolyn Fischer and Alan K. Fox
Land Economics | 2007 | Vol. 83 | pp. 575-599
 
International Technology-Oriented Agreements to Address Climate Change
de Coninck, H., C. Fischer, R.G. Newell, and T. Ueno
Energy Policy | 2008 | Vol. 36 No. 1 | 335-356.
 
Do Market Failures Justify Tightening Corporate Average Fuel Economy (CAFE) Standards
Ian Parry, Carolyn Fischer and Winston Harrington
Energy Journal | 2007 | Vol. 28, No. 4 | 1-30.
 
Is There a Rationale for Rebating of Environmental Levies?
Alain L. Bernard, Carolyn Fischer, Alan K. Fox
Resource & Energy Economics | 2007 | Vol. 29, No. 2 | pp. 83-101 | Related Discussion Paper 01-31
 
Emissions Pricing, Spillovers, and Public Investment in Environmentally Friendly Technologies
Carolyn Fischer
Energy Economics | 2008 | Vol. 30, No. 2 | 487-502. | Related Discussion Paper 04-02
 
Multinational Taxation and International Emissions Trading
Carolyn Fischer
Resource & Energy Economics | 2006 | Vol. 28, No. 2 | 139-159. | Related Discussion Paper 01-18
 
Output-Based Allocation of Emissions Permits for Mitigating Tax and Trade Interactions
Carolyn Fischer and Alan Fox
Land Economics | 2007 | Vol. 83, No. 4 | pp. 575-599 | Related Discussion Paper 04-37
 
Do Market Failures Justify Tightening Corporate Average Fuel Economy (CAFE) Standards?
Ian Parry, Carolyn Fischer and Winston Harrington
Energy Journal | 2007 | Vol. 28, No. 4 | pp. 1-30 | Related Discussion Paper 04-53
 
Carbon Abatement Costs: Why the Wide Range of Estimates?
Carolyn Fischer and Richard Morgenstern
The Energy Journal | 2006 | Vol. 27, No. 2 | pp. 73-86 | Related Discussion Paper 03-42-REV
 
On the Importance of the Supply Side in Demand-Side Management
Carolyn Fischer
Energy Economics | 2005 | Vol. 27, No. 1 | pp. 165 - 180 | Related Discussion Paper 04-11
 
Project-based mechanisms for emissions reductions: balancing trade-offs with baselines
Carolyn Fischer
Energy Policy | 2005 | Vol. 33, No. 14 | pp. 1807 - 1823 | Related Discussion Paper 02-23
 
Competition in markets for depletable resources with setup costs
Carolyn Fischer
Environmental and Resource Economics | 2005 | Vol. 30, No. 3 | pp. 243 - 257 | Related Discussion Paper 98-25
 
How trade politics affect invasive species control
Michael Margolis, Jason F. Shogren and Carolyn Fischer
Ecological Economics | February 2005 | Vol. 52, No. 3 | 305-313
 
Optimal Investment in Clean Production Capacity
Carolyn Fischer, Michael A. Toman, and Cees Withagen
Environmental and Resource Economics | 2004 | Vol. 28, No. 3 | pp. 325-345 | Related Discussion Paper 02-38
 
Monopoly Extraction of an Exhaustible Resource with Two Markets
Carolyn Fischer, Ramanan Laxminarayan
Canadian Journal of Economics | 2004 | Vol. 37, No. 1 | pp. 178-188 | Related Discussion Paper 04-08
 
Sequential Development and Exploitation of an Exhaustible Resource: Do Monopoly Rights Promote Conservation?
Carolyn Fischer and Ramanan Laxminarayan
Journal of Environmental Economics and Management | 2004 | Vol. 49., No. 3 | pp. 500-515
 
The Complex Interactions of Markets for Endangered Species Products
Carolyn Fischer
Journal of Environmental Economics and Management | 2004 | 48 (2) | pp. 926 - 953 | Related Discussion Paper 02-21
 
Instrument Choice for Environmental Protection when Technological Innovation is Endogenous
Carolyn Fischer, Ian W.H. Parry, and William A. Pizer
Journal of Environmental Economics and Management | 2003 | Vo. 45 | pp. 523-545 | Related Discussion Paper 99-04
 
Combining Rate-Based and Cap-and-Trade Emissions Policies
Carolyn Fischer
Climate Policy | 2003 | 3S2 | S89-S109. | Related Discussion Paper 03-32
 
Climate Change Policy Choices and Technical Innovation
Carolyn Fischer
Minerals and Energy | 2003 | 2 | pp. 1-9
 
How Important is Technological Innovation in Protecting the Environment?
Ian W. H. Parry, William A. Pizer and Carolyn Fischer
Journal of Regulatory Economics | 2003 | 23 | pp. 237-255 | Related Discussion Paper 00-15
 
How Large are the Welfare Gains from Technological Innovation Induced by Environmental Policies?
Ian W.H. Parry, William A. Pizer, and Carolyn Fischer
Journal of Regulatory Economics | 2003 | Vol. 54 | pp. 39-60 | Related Discussion Paper 01-28
 
Read This Paper Later: Procrastination with Time-Consistent Preferences
Carolyn Fischer
Journal of Economic Behavior and Organization | 2001 | Vol. 46, No. 3 | pp. 249-269
 
Using Emissions Trading to Regulate U.S. Greenhouse Gas Emissions: An Overview of Policy Design and Implementation Issues
Michael A. Toman, Carolyn Fischer, and Suzi Kerr
National Tax Journal | September 1998 | Vol. 51, No. 3 | pp. 453-464
 
  
NEWS
Good Climate Policy, and Bad
Thursday, December 03, 2009
The Economist
Car Dealer Offers Carbon Offsets; First 400 Sales Get $70 Credit
Wednesday, January 09, 2008
Washington Times
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