Environmental and Energy Policy and the Economy, volume 7

This volume presents six new papers on environmental and energy economics and policy. Judson Boomhower and Meredith Fowlie illustrate the distributional consequences of improving risk pricing efficiency in wildfire insurance markets. Claire Brunel and Arik Levinson develop a conceptual framework for understanding the economic and environmental consequences of taxes on imports of goods based on their carbon content. Karen Clay, Danae Hernandez-Cortes, Akshaya Jha, Joshua Lewis, Noah Miller, and Edson Severnini study the long-run distributional implications of US power plant sitings over more than a century. Todd Gerarden, Mar Reguant, and Daniel Xu provide a comprehensive overview of industrial policy in the renewable energy sector, with comparisons across the US, EU, and China. Jamie Hansen-Lewis and Michelle Marcus show how failure to account for behavioral responses affects policy predictions with an application to maritime emissions. Finally, Richard Sweeney and Joseph Wilske estimate correlated intermittency of US wind power investments and find that it is an externality worth greater consideration and potential policy attention.