A central question in the analysis of fuel-economy policy is whether consumers are myopic with regards to future fuel costs. We provide the first evidence on consumer valuation of fuel economy from a natural experiment. We examine the short-run equilibrium effects of an exogenous restatement of...

Electric vehicle adoption is considered to be a promising pathway for addressing climate change. However,the market for charging stations suffers from a market failure: a lack of EV sales disincentivescharging station production, which in turn inhibits mass EV adoption. Charging station...

Do consumers value the fuel economy of cars? In this paper we examine this question, taking advantage of the recent introduction of hybrid and battery-electric vehicles, which promise to reduce the use of fossil fuels in road transport, and hence carbon emissions and dependence on oil imports....

The weekly release of the U.S. inventory level by the DOE-EIA is known as the market mover in the U.S. oil futures market and to be a significant piece of information for all world oil markets in which the WTI is a price benchmark. We uncover suspicious trading patterns in the WTI futures...

Several studies note the significant quantity of water used to hydraulically fracture oil and gas wells. For nine western states in 2013, water use in fracking represented just 0.8 percent of agricultural water use for irrigation. Locally, fracking used more water than farming only in counties...

The EU energy system is in the middle of a period of profound change. Financing the transition to a low-carbon EU economy is expected to require $2.2 trillion by 2035, requiring substantial private capital. However, investors are hesitant to commit capital due to many challenges facing the...

Working from home will be key to mitigating harms from future pandemics and has also been proposed as a way to curtail emissions from commuting. This paper exploits a work-from-home order in Qatar to investigate the impacts of working from home on both electricity and water usage. We deploy...

Iran as an energy-rich country faces many challenges in optimal utilization of its vast resources. High population and economic growth, generous subsidies program, and poor resource management have contributed to rapidly growing energy consumption and high energy intensity for the past decades....

The recent fall in oil prices has led to extensive capital rationing, and thereby given rise to a renewed focus on parameters for project selection which supplement net present value. While the financial crisis was creating capital constraints, the oil industry seemed to be paying great...

Energy leapfrogging may have critical implications for a world that seeks to reduce its fossil fuel use and greenhouse gas emissions, and in which most future economic growth will be concentrated in rapidly growing, industrializing countries rather than in more mature economies. The current...