Economics 127: Climate Change, Economics and Policy (Winter 2015)




Syllabus


Practice final
Practice questions for midterm
Midterm answer key

Lecture Slides
Lecture 1
Lecture 2
Lecture 3
Review of Competitive Market Efficiency
Lecture 4
Lecture 5
Lecture 6
Lecture 7
Lecture 8
Lecture 9
Lecture 10
Lecture 11

Additional Readings Block 1
IPCC Fifth Assessment Report: Summary for policymakers (2013)
Risky Business: The Economic Risks of Climate Change in the United States (2014)
The Economist, September 27, 2013: "It's still our fault"
The Economist, September 20, 2014: "Our guide to the actions that have done the most to slow global warming"
The Economist, November 12, 2014: "In an agreement on greenhouse-gas emissions, America has made bigger concessions than China"

Additional Readings Block 4
Congressional Budget Office (2005): "Limiting Carbon Dioxide Emissions: Prices versus Caps"
Goulder, L. (2013): "Markets for Pollution Allowances: What Are the (New) Lessons?"
The Economist, September 19, 2011: "Do economists all favour a carbon tax?"
The Economist, January 25, 2014: "Current policies are a mess. Here’s how to fix them"
The Economist, June 7, 2014: "A carbon price would be better, but Barack Obama’s plan to cut emissions from power plants is welcome"
The Economist, July 31, 2014: "British Columbia's carbon tax"

Additional Readings Block 5
Newell, R., W. Pizer, D. Raimi (2013): "Carbon Markets 15 Years after Kyoto: Lessons Learned, New Challenges"
The Economist, October 5, 2013: "Are models that show the economic effects of climate change useless?"
The Economist, January 18, 2014: "Economists are getting to grips with the impact of climate change"


Papers For Student Class Presentations
Guidelines for presentations
Example of powerpoint
Example of paper summary
Schedule for class presentations

Aldy J. (2014): “The Labor Market Impacts of the 2010 Deepwater Horizon Oil Spill and Offshore Oil Drilling Moratorium,” NBER Working Paper No. 20409
To be presented by Allie Pederson and Sean Mckenzie

Slides

Paper summary

Currie, J., L. Davis, M. Greenstone, and R. Walker (2013): “Do Housing Prices Reflect Environmental Health Risks? Evidence from More than 1600 Toxic Plant Openings and Closings,” NBER Working Paper No. 18700
To be presented by Christopher Bates and Steve Nino

Slides

Paper summary

Cullen J. and E. Mansur (2014): “Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach using the Shale Revolution,” NBER Working Paper No. 20795
To be presented by Adam Carn-Saferstein and Kevin Donohue

Slides

Davis L. and G. Metcalf (2014): “Does Better Information Lead to Better Choices? Evidence from Energy-Efficiency Labels,” NBER Working Paper No. 20720
To be presented by George Monroy and Joshua Yamasaki

Slides

Paper summary

Deryugina T. and S. Hsiang (2014): “Does the Environment Still Matter? Daily Temperature and Income in the United States,” NBER Working Paper No. 20750
To be presented by Renata Coimbra and Madeline Guenther

Slides

Paper summary

Deschenes, O., M. Greenstone, and J. Shapiro (2012): “Defensive Investments and the Demand for Air Quality: Evidence from the NOx Budget Program and Ozone Reductions,” NBER Working Paper No. 18267
To be presented by Minsuk Che and Ashley Golinski

Slides

Paper summary

Grainger, C. and C. Kolstad (2009): “Who Pays a Price on Carbon?” NBER Working Paper No. 15239
To be presented by Colton Carey and Andrew Doering

Slides

Paper summary

Greenstone, M. J. List, C. Syverson (2012): “The Effects of Environmental Regulation on the Competitiveness of U.S. Manufacturing,” NBER Working Paper No. 18392
To be presented by Christopher Dunmire and Alexandre Saade

Slides

Paper summary

Hsiang, S. and A. Jina (2014): “The Causal Effect of Environmental Catastrophe on Long-Run Economic Growth: Evidence From 6,700 Cyclones," NBER Working Paper No. 20352
To be presented by Guillaume Bousset and Skinner Davis

Slides

Paper summary

Isen, A., M. Rossin-Slater, R. Walker (2013): “Every Breath You Take – Every Dollar You'll Make: The Long-Term Consequences of the Clean Air Act of 1970,” NBER Working Paper No. 19858
To be presented by Claire Hunstein and Amanda Saber

Slides

Paper summary

Lavaine, E., and M. Neidell (2013): “Energy Production and Health Externalities: Evidence from Oil Refinery Strikes in France,” NBER Working Paper No. 18974
To be presented by Mariah Cotnoir and Laura Segura

Slides

Paper summary

Lavy V., A. Ebenstein, and S. Rofi (2014): “The Impact of Short Term Exposure to Ambient Air Pollution on Cognitive Performance and Human Capital Formation,” NBER Working Paper No. 20648
To be presented by Charlotte Brooks and Madison Klug

Slides

Paper summary

Levinson, A. (2014): “How Much Energy Do Building Energy Codes Really Save? Evidence from California” NBER Working Paper No. 20797
To be presented by Elisa Pineda and Irene Wang

Slides

Paper summary

Mu Q. and J. Zhang (2014): “Air Pollution and Defensive Expenditures: Evidence from Particulate-Filtering Facemasks,” UC Center for Energy and Environmental Economics Working Paper No. 78
To be presented by Mitchell Brewe and Earvin Sanchez

Slides

Paper summary