The Use and Misuse of Average and Marginal Energy Prices: Implications for Climate Policy

Jonathan Hawkins-Pierot; Katherine R.H. Wagner

The Use and Misuse of Average and Marginal Energy Prices: Implications for Climate Policy

Jonathan Hawkins-Pierot & Katherine R.H. Wagner

This is a preliminary draft and may not have been subjected to the formal review process of the NBER. This page will be updated as the chapter is revised.

CONFERENCE HELD May 21, 2026

Book: Environmental and Energy Policy and the Economy, volume 8

Book editors: Tatyana Deryugina, Matthew Kotchen & Catherine Wolfram

PUBLISHER: University of Chicago Press

Series: Environmental and Energy Policy and the Economy

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Jonathan Hawkins-Pierot and Katherine R.H. Wagner, Environmental and Energy Policy and the Economy, volume 8 (University of Chicago Press, 2026), chap. 1, https://www.nber.org/books-and-chapters/book-kotc-4-stub/use-and-misuse-average-and-marginal-energy-prices-implications-climate-policy.

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The Use and Misuse of Average and Marginal Energy Prices: Implications for Climate Policy

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