Legal challenges and transitions of political power cause the future of regulatory policies to be uncertain. In this article, I investigate how uncertainty about environmental policy affects investment and emissions at coal-fired power plants. I exploit a legal challenge to the Clean Air...

We develop a dynamic competitive equilibrium model of battery adoption and operations to evaluate the social value and adoption trajectory of utility-scale batteries and examine policy counterfactuals. The first battery unit breaks even in 2027 when renewable energy share reaches 52% and...

Renewable energy and battery storage are seen as complementary technologies that can together facilitate reductions in carbon emissions. We develop and estimate a dynamic competitive equilibrium model of storage investment and operations to evaluate the adoption trajectory of utility-scale...

We examine technology adoption and consumer welfare disparities across demographic groups using data from an online solar photovoltaic (PV) marketplace. Low-income households are 25% less likely to purchase solar through the platform and obtain 53% lower expected consumer surplus than...

This paper estimates an imperfect information discrete choice model of drivers' refueling preferences and analyzes the implications of these preferences for electric vehicle (EV) adoption. Drivers respond four times more to stations' long-run average prices than to current prices and value...