The traditional spring ramp-up in gasoline prices is underway, providing context for understanding why persistent claims of large gasoline price impacts from the Climate Commitment Act are misleading. Gas prices are going up as they always do this time of year, after...
Recently WSPA retained a NERA Economic Associate Director to predict allowance prices, household costs, and energy-intensive sector output impacts for the Climate Commitment Act. No model should be treated as usefully predictive when it does not provide sufficient...
Kevin Tempest, Low Carbon Prosperity Institute This technical memo presents modelled jobs and other benefits from investments through 2030 that could be catalyzed by revenue from Substitute Senate Bill 5126 (SB5126), the Climate Commitment Act. In this technical...
In Part 1, I revisited some of the key findings from the influential study by Lara Cushing and Rachel Morello-Frosch et al. (Carbon trading, co-pollutants, and environmental equity: Evidence from California’s cap-and-trade program (2011-2015)) In this Part 2, I...
Likely the most widely-cited and influential analysis of California’s pollution-equity trends in the first several years of its Cap-and-Invest program is a 2018 paper led by Lara Cushing and Rachel Morello-Frosch titled Carbon trading, co-pollutants, and environmental...