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NATIONAL BUREAU OF ECONOMIC RESEARCH
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Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach using the Shale Revolution

Joseph A. Cullen, Erin T. Mansur

NBER Working Paper No. 20795
Issued in December 2014, Revised in May 2015

---- Acknowledgments ----

We thank Luis Gautier, Matthew Kotchen, and seminar participants at Washington University, University of Chicago, Portland Energy Economics Conference, Dartmouth College, University of Colorado, International Industrial Organization Conference, IFN Electricity Markets Conference, the Energy Institute at Haas Conference, Middlebury College, Yale University, and the World Bank. We thank Wolfram Schlenker for providing weather data. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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