Pricing carbon to address climate change sparks divisions like few other policy options.
From street riots to academic debate, it has stirred both passionate and principled …

We elicit homeowners' willingness to pay (WTP) for energy efficiency and low-carbon
technologies in the context of heating appliance replacement. We employ a within-between …

How much information should governments reveal to consumers if consumption choices
have uninternalized consequences to society? How does an alternative tax policy compare …

How can information substitute or complement financial incentives such as Pigouvian
subsidies? We answer this question in a large-scale field experiment that cross-randomizes …

The PBE program made the adoption of energy labels mandatory in the Brazilian refrigerator
market. In this paper, we examine the effects of PBE using data from a nationally …

This paper studies the role of imperfect information and attentional biases in the context of
energy efficiency investments in rented properties and associated split incentives. We …

A coarse certification provides simple, but incomplete information about quality. Its main
rationale is to help consumers trade off dimensions of quality that are complex and lack …

It is virtually impossible for an American to fill up her car or turn on his lights and consume
energy that is not produced subject to some kind of market-based instrument. Cap-and-trade …

Standard economic theory predicts that, when regulating environmental externalities,
quantity instruments such as tradable permits and price instruments such as taxes will …

Introducing a carbon price, ie, a cost applied to carbon pollution, is the single most effective
way for countries to curb carbon emissions. It provides an economic signal that encourages …