He will describe how markets work, generally, and the economics of climate change. He will address how different types of policies affect those market outcomes and discuss what the Inflation Reduction Act and the BiPartisan Infrastructure Law does and what we might expect from it in terms of impact of CO2 emissions. The economics of climate change and its impact on the electric grid and consumer costs will be considered. The following link would be useful preparation for this discussion: http://knittel.world
Christopher Knittel is the George P. Shultz Professor of Applied Economics in the Sloan School of Management at the Massachusetts Institute of Technology. He is also the Director of MIT’s Center for Energy and Environmental Policy Research which has served as the hub for social science research on energy and the environmental since the late 1970s. Professor Knittel also co-directs of The E2e Project, a research initiative between MIT and UC Berkeley to undertake rigorous evaluation of energy efficiency investments. He joined the faculty at MIT in 2011, having taught previously at UC Davis and Boston University. Professor Knittel received his B.A. in economics and political science from the California State University, Stanislaus in 1994 (summa cum laude), an M.A. in economics from UC Davis in 1996, and a Ph.D. in economics from UC Berkeley in 1999. His research focuses on environmental economics, studying how firms and consumers respond to policies. He is a Research Associate at the National Bureau of Economic Research in the Productivity, Industrial Organization, and Energy and Environmental Economics groups. He is the co-editor of the Journal of Public Economics, and an associate editor of the Journal of Transportation Economics and Policy, and Journal of Energy Markets, having previously served as an associate editor of The American Economic Journal -- Economic Policy and The Journal of Industrial Economics. His research has appeared in The American Economic Review, The American Economic Journal, The Review of Economics and Statistics, The Journal of Industrial Economics, The Energy Journal and other academic journals.
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