Cap and Trade in China: How Might It Work?

China plans to start a nationwide cap-and-trade market in 2016. But can China, whose economy still contains many nonmarket features, properly design and implement a fundamentally market-based policy? In our new RFF discussion paper, my coauthors (RFF’s Richard Morgenstern, Zhongmin Wang, and Xu Liu) and I attempt to answer this question by examining cap-and-trade pilot […]

More Natural Gas, Less Warming?

The unexpected energy revolution caused by the rapid growth in North American shale gas production has produced benefits related to the economy, jobs, energy security, and local air pollution, and has contributed to a decrease in US greenhouse gas emissions. However, as my colleagues and I report in a new study published online today by Nature Advance […]

Improving the Efficiency of Coal Plants under EPA’S Clean Power Plan

This is the sixth in a series of questions that highlights RFF’s Expert Forum on EPA’s Clean Power Plan. Readers are invited to submit their own comments to the questions and/or the responses using the “Leave a Comment” box below. See all of the questions to date here. RFF asks the experts: how can coal power plants […]

Introducing RFF’s Expert Forum on EPA’s Clean Power Plan

This is the first in a series of questions that highlights RFF’s Expert Forum on EPA’s Clean Power Plan. Readers are invited to submit their own comments to the questions and/or the responses using the “Leave a Comment” box below. See all of the questions to date here. RFF asks the experts: What is the […]

The Impact of Natural Gas Prices on Electricity Consumers and the Environment

Coinciding with the recent increase in US natural gas production, the country has seen a 60 percent decrease in the price of natural gas. Lower natural gas prices have affected electricity prices and emissions rates differently across various regions. For example, during this time period, the Texas Reliability Entity experienced one of the largest decreases […]

EPA’s Clean Power Plan: Breaking Down the Building Blocks

In the graph below, we explore two important aspects of EPA’s Clean Power Plan. EPA’s state targets for CO2 emissions reductions for existing power plants are in terms of emissions rates—mass of CO2 emissions per unit of electricity generation (lb/MWh). An alternative way to measure emissions reductions (and what matters) is mass terms alone (lb […]

Twitter Q&A Roundup: EPA’s Clean Air Plan

On June 5, RFF hosted a seminar titled, “Making Sense of EPA’s Proposed Rule for Reducing Greenhouse Gas Emissions from Power Plants.” We did not have time to answer all of the questions posed by our Twitter audience during that event due to time constraints. Below are our responses to some of those questions. #askRFF […]

Can Natural Gas Deliver the Goods to Obama’s Carbon Policy?

The success of President Obama’s new plans for reducing carbon emissions from power plants will rest heavily on the natural gas industry. The key building block of that plan is to ramp up the use of natural gas. Before the shale gas revolution natural gas prices were a good deal higher than they are today. But shale […]

Best of the Above

It looked like a reverse make-me-do-it  – President Obama in his State of the Union address saying don’t-do-that-again to some of his most committed supporters.  An array of groups had written to him just two weeks earlier about the failings of an “all of the above” energy policy, and the first words in his speech […]

RFF/Stanford/USA Today Poll Shows Majority Support for Regulating Power Plant GHG Emissions

The first round of results from the RFF/Stanford/USA Today poll was released today and it shows that a majority of the US favors doing something to address the threat of climate change, although there is substantially less agreement about what exactly to do. There’s a lot to dig into that’s relevant to climate policy options we […]