Publications

As financial incentives for EVs wane and price parity approaches, engaging mainstream adopters is critical to sustaining market growth. While early adopters are driven by environmentalism and proactive information-seeking, the broader market remains hesitant due to knowledge gaps regarding EV benefi… SEE MORE

We present two findings on how environmental policy uncertainty impacts municipal bond returns. First, yields increase after a new pollution standard is proposed but decrease after this standard is finalized. Second, after annual announcements of compliance status, yields fall for counties that rema… SEE MORE

Chronic exposure to fine particulate matter (PM2.5) has been linked to increased mortality rates. Chemical transport models (CTMs) are often used to evaluate PM2.5 regulations in the United States, but are computationally expensive and require significant technical expertise. Reduced-complexity mode… SEE MORE

We study the real effects of the first nationwide mandatory CSR disclosure regulation in the U.S., the Greenhouse Gas Reporting Program (GHGRP). Starting in 2010, the Environmental Protection Agency (EPA) requires the disclosure of greenhouse gas emissions by facilities emitting more than 25,000 met… SEE MORE

Despite the central role of firewood in the development of the early American economy, prices for this energy fuel are absent from official government statistics and the scholarly literature. This paper presents the most comprehensive dataset of firewood prices in the United States compiled to date,… SEE MORE

Abstract Deep decarbonization requires fundamental changes in meeting energy service demands, with some efforts increasing overall costs. Examining abatement measures in isolation, however, fails to capture their interactive effects within the energy system. Here we show the abatement costs of decar… SEE MORE

A large literature uses nonattainment status under the U.S. Clean Air Act (CAA) to measure regulatory stringency and to instrument for air pollution in studies of the impact of the CAA on health and other endpoints. Since 1978 U.S. Environmental Protection Agency (EPA) has regulated ambient air qual… SEE MORE

This volume examines the conceptual and empirical basis for integrating natural capital--forests, oceans, and air--into the economic and environmental statistics that inform public policy.

The use of distributional weights in economic analysis is receiving increasing attention in both research and policy circles. This paper examines the extent to which distributional weights affect economic analysis of public good provision. We make two contributions. First, we present a model with di… SEE MORE

Carbon intensity from fossil fuel use in the United States economy peaked in 1917. World War I ended, and the Spanish Flu pandemic broke out one year later in 1918. This paper contends that these events, coupled with associated turmoil in the domestic coal industry, were largely responsible for the… SEE MORE

We examine whether counties designated as out of attainment with the National Ambient Air Quality Standards (NAAQS) under the 1970 CAA experienced larger reductions in Total Suspended Particulates (TSP) during the 1970s than attainment counties. We answer this question using the official designation… SEE MORE

This study uses hedonic property models to explore how coastal real estate markets subject to heterogeneous information treatments respond to flood risk. We identify reactions to flood risk, distinctly from price effects due to flood damage, by examining non-local flooding events. Utilizing a differ… SEE MORE