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 | | William A. Pizer | | Faculty Fellow, Nicholas School for Environmental Policy Solutions | | 919-613-8729 | | william.pizer@duke.edu | | |
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PROFILE |
Pizer's research seeks to quantify how the design of environmental policy affects costs and effectiveness. Specific research has focused on the aggregate level and distribution of these costs; uncertainty about cost; technological change; banking, trading and other flexibility mechanisms; and valuation over long time horizons. He applies much of this work to the question of how to design and implement policies to reduce the threat of climate change caused by manmade emissions of greenhouse gases. Currently, he is working on projects that look at the effectiveness of voluntary programs, the role of technology programs in pollution control efforts, and the effect of regulation on competitiveness.
Pizer is a Lead Author on the Intergovernmental Panel on Climate Change 4th Assessment Report and serves on both the EPA Environmental Economics Advisory Committee and the DOE Climate Change Science Program Product Development Advisory Committee. Since August 2002, Pizer has worked part-time as a Senior Economist at the National Commission on Energy Policy. During 2001-2002, he served as a Senior Economist at the President's Council of Economic Advisers where he worked on environment and climate change issues. He was a Visiting Scholar at Stanford University's Center for Environmental Science and Policy during 2000-2001, and taught at Johns Hopkins University during 1997-1999.
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| Featured Publications | | How Should Benefits and Costs Be Discounted in an Intergenerational Context? The Views of an Expert Panel | | Kenneth J. Arrow, Maureen L. Cropper, Christian Gollier, Ben Groom, Geoffrey Heal, Richard G. Newell, William Nordhaus, Robert S. Pindyck, William A. Pizer, Paul R. Portney, Thomas Sterner, Richard S.J. Tol, Martin L. Weitzman | | RFF Discussion Paper 12-53 | December 2012 | | | | Carbon Markets: Past, Present, and Future | | Richard G. Newell, William A. Pizer, Daniel Raimi | | RFF Discussion Paper 12-51 | December 2012 | | | | Voluntary Environmental Regulation in Developing Countries: Mexico's Clean Industry Program | | Allen Blackman, Bidisha Lahiri, William A. Pizer, Marisol Rivera Planter, Carlos Muñoz Piña | | RFF Discussion Paper 07-36-REV | August 2010 | | Related journal article | | | | Designing Climate Mitigation Policy | | Joseph E. Aldy, Alan J. Krupnick, Richard G. Newell, Ian W.H. Parry, William A. Pizer | | RFF Discussion Paper 08-16 | May 2009 | | Related journal article | | | | Managing Costs in a U.S. Greenhouse Gas Trading Program: A Workshop Summary | | Marika Tatsutani, William A. Pizer | | RFF Discussion Paper 08-23 | July 2008 | | | | The Performance of Voluntary Climate Programs: Climate Wise and 1605(b) | | William A. Pizer, Richard D. Morgenstern, Jhih-Shyang Shih | | RFF Discussion Paper 08-13-REV | July 2008 | | Related journal article | | | | Balancing Cost and Emissions Certainty: An Allowance Reserve for Cap-and-Trade | | Brian C. Murray, Richard G. Newell, William A. Pizer | | RFF Discussion Paper 08-24 | July 2008 | | | | Prices versus Quantities versus Bankable Quantities | | Harrison Fell, Ian A. MacKenzie, William A. Pizer | | RFF Discussion Paper 08-32 REV | July 2008 | | | | Managing Costs in a U.S. Greenhouse Gas Trading Program: Workshop Summary | | William A. Pizer, Dallas Burtraw | | Resources | Spring 2008 (168) | | | | Issues in Designing U.S. Climate Change Policy | | Joseph E. Aldy, William A. Pizer | | RFF Discussion Paper 08-20 | June 2008 | | Related journal article | | | | View All Related Publications |
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BOOKS AND BOOK CHAPTERS | | Economies of Scale in Community Water Systems | | Jhih-Shyang Shih, Winston Harrington, William Pizer, and Kenneth Gillingham | | The Business of Water: A Concise Overview of Challenges and Opportunities in the Water Market | Steve Maxwell | Denver, CO: American Water Works Association | 2008 | | | | | Reality Check | | Richard D. Morgenstern and William A. Pizer, Editors | | RFF Press | 2007 | | Description: Since the early 1990s, voluntary programs have played an increasingly prominent role in environmental management in the U.S. and other industrialized countries. Programs have attempted to address problems ranging from climate change and energy efficiency, to more localized air and water pollution problems. But do they work? Despite a growing theoretical literature trying to explain how and why voluntary programs might be effective, there is limited empirical evidence on their success or the situations most conducive to the approaches. Even less is known about their cost-effectiveness.
Getting credible answers to these questions is important. Research to date has been largely limited to individual programs, and protagonists and antagonists to the trend are at ever greater disagreement, sometimes drawing opposite conclusions about the same program. This innovative book seeks to clarify what is known by looking at a range of program types, including different approaches adopted in different nations. The focus is on assessing actual performance via seven case studies, including the U.S. Climate Wise program, the U.S. EPA's 33/50 program on toxic chemicals, the U.K. Climate Change Agreements, and the Keidanren Voluntary Action Plan in Japan.
The central goals of Reality Check are understanding outcomes and the relationship between outcomes and design. Most of the programs it studies have positive results, but they are small compared with business-as-usual trends and the impact of other forces--such as higher energy prices. Importantly, potential gains may be quickly exhausted as the “low-hanging fruit” is picked up by voluntary programs. By including in-depth analyses by experts from the U.S., Europe, and Japan, the book advances scholarship and provides practical information for the future design of voluntary programs to stakeholders and policymakers on all sides of the Atlantic and Pacific. | | Choosing Price or Quantity Controls for Greenhouse Gases | | William A. Pizer | | The RFF Reader in Environmental and Resource Policy, 2nd Edition | Wallace E. Oates, ed. | RFF Press | 2006 | Chapter 38, pp. 225-234 | | | | | Setting Energy Policy in the Modern Era: Tough Challenges Lie Ahead | | William A. Pizer | | The RFF Reader in Environmental and Resource Policy, 2nd Edition | Wallace E. Oates, ed. | RFF Press | 2006 | | | | | Stimulating Technology to Slow Climate Change | | Raymond J. Kopp, Richard D. Morgenstern, Richard G. Newell, and William A. Pizer | | New Approaches on Energy and the Environment: Policy Advice for the President | Richard D. Morgenstern and Paul R. Portney, eds. | RFF Press | 2004 | Chapter 2 | | | | | A Tale of Two Policies: Clear Skies and Climate Change | | William A. Pizer | | Painting the White House Green | Randall Lutter and Jason F. Shogren, eds. | RFF Press | 2004 | pp. 10-45 | | | | | Reducing Cost Uncertainty and Encouraging Ratification of the Kyoto Protocol | | Raymond J. Kopp, Richard Morgenstern, William Pizer, and Frédéric Ghersi | | Global Warming in Asian-Pacific | R. Mendelsohn and D. Shaw eds. | Cheltenham, U.K.: Edward Elgar Publishing, Ltd. | 2002 | | | | | Designing Climate Policy to Address Uncertainty | | William A. Pizer | | Designing Climate Policy: The Challenge of the Kyoto Protocol | H. Abele, T. C. Heller and S. P. Schleicher, eds. | Vienna, Austria: Service Fachverlag | 2001 | | | | |
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| NEWS | | As Climate Issue Heats Up, Questions of Cost Loom | | Thursday, July 10, 2008 | | Wall Street Journal | | Gas Prices Continue Climbing | | Wednesday, April 23, 2008 | | National Public Radio | | Green Around the Collar | | Sunday, March 30, 2008 | | Congressional Quarterly | | View All Related News |
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