Despite the incentives of incumbent domestic listed corporations (DLCs) in the electricity generation industry, private equity, institutional investors, and foreign corporations have played an outsized role in financing the energy transition. These new entrants are twice as likely to create...

This paper compares the different multi-level climate and energy governance in China, the European Union and the United States. While many comparisons across these three economies exist, they concentrate on comparing the climate and energy "policy instruments" and their results. This paper puts...

This article explores how law can use individual behavior to stabilize and reduce U.S. energy consumption. Drawing on the work of social scientists and behavioral researchers, it concludes that many opportunities exist to influence individual behavior to increase energy efficiency and reduce...

US state and local governments generate revenues from oil and gas production through a variety of mechanisms. In this paper, we quantify four leading sources: (1) state taxes levied on the value or volume of oil and gas produced; (2) local property taxes levied on the value of oil and gas property;...

China is believed to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental, and investment-related issues will likely restrain its exploitation. China's capacity to face these hurdles successfully and produce commercial shale gas will have...

For decades, Arctic Alaska has provided US mainland states with plentiful oil supplies. As reserves in the Prudhoe Bay fields decrease, however, the USA has been forced to consider new options to guarantee the nation's energy security. While debates continue to rage about its reliance on foreign...

Rapid oil price increases frequently bring calls for special oil industry taxes. This paper uses new well-level production data and price variation induced by federal oil taxes and price controls to estimate how taxes affect production. Theory suggests temporary taxes create strong incentives...

We study residential demand for electricity and gas, working with nationwide household-level data that cover recent years, namely 1997-2007. Our dataset is a mixed panel/multi-year cross-sections of dwellings/households in the 50 largest metropolitan areas in the United States as of 2008. To our...

The United States has pledged to become carbon neutral by 2050, meet sectoral objectives (e.g., for carbon free power, electric vehicles) and encourage greater mitigation among large emitting countries and of international transportation emissions. Fiscal policies at the national, sectoral, and...