Cap and Trade

Scholarly Publications

An Experimental Comparison of Carbon Pricing Under Uncertainty in Electricity Markets

May 2020

We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap-and-trade policies.

Opportunities for advances in climate change economics

April 2016

There have been dramatic advances in understanding the physical science of climate change, facilitated by substantial and reliable research support.

Carbon in the classroom: Lessons from a simulation of California’s electricity market under a stringent cap and trade system

August 2013

This paper summarizes the lessons learned from implementing a realistic, game-based simulation of California’s electricity market with a cap-and-trade market for greenhouse gas (GHG) emissions and...

Other Publications

Reports of the Demise of Carbon Pricing are Greatly Exaggerated

August 2018

AbstractPoliticians in a number of jurisdictions with cap-and-trade markets for greenhouse gas (GHG) emissions or carbon taxes have argued that the evidence is in and the conclusion is clear:...

Viewpoints: Cap and trade should look to broader goals

November 2012

To maximize environmental benefits from the rollout of its cap-and-trade program for greenhouse gas emissions, California should focus on achieving a positive demonstration effect from the program...

Technology Can Nudge Climate Change Politics

October 2011

Reducing carbon-dioxide emissions is primarily a political problem, rather than a technological one.

News

What we need to know about the economics of climate change

April 2016

Scientists have made huge strides in understanding the physical and biological dimensions of climate change, from deciphering why climate has changed in the past to predicting how it might change...

Morse panelist at the 2011 Silicon Valley Energy Summit

June 2011

Richard Morse addresses key uncertainties remaining in the implementation of cap and trade in California, speaking to leaders from business, policy, and academia in California.

Events

Addressing the 'Coal Renaissance' in a Post-Kyoto World

June 13, 2011

On Monday, June 13, 2011 at 4:15 p.m.

Climate Policy Instruments in the Real World

September 7, 2010

The Program on Energy and Sustainable Development in collaboration with Stanford University's Graduate School of Business and Stanford Law School hosted a special conference on Climate Policy...

Research Experience in Carbon Sequestration 2010

July 27, 2010

PESD Researcher Gang He is invited to join the faculty of upcoming Research Experience in Carbon Sequestration 2010 (RECS 2010) program, which is being held at the University of New Mexico from...

People

Mark's profile picture Mark C. Thurber Associate Director for Research at PESD, Social Science Research Scholar