Data and Code for: The Economics of the Global Energy Challenge

Principal Investigator(s): View help for Principal Investigator(s) Michael Greenstone, Department of Economics, University of Chicago; National Bureau of Economic Research; Centre for Economic Policy Research

Version: View help for Version V1

Name	File Type	Size	Last Modified
ReplicationPackage			05/01/2024 07:51:PM

Project Citation:

Greenstone, Michael. Data and Code for: The Economics of the Global Energy Challenge. Nashville, TN: American Economic Association [publisher], 2024. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2024-05-13. https://doi.org/10.3886/E201369V1

Project Description

Summary:

This lecture argues that, rather than facing an isolated climate

change challenge, the world must confront the Global Energy

Challenge (GEC) that requires all countries to make trade-offs

between three often competing and interrelated goals: inexpensive

and reliable energy, clean air, and limiting damages from

climate change. I present seven facts that help illuminate the contours

of the GEC and the interactions between the three goals.

Finally, it concludes by outlining potential solutions: pricing energy

at its full social cost, investing in technical and policy innovation,

improving information on pollution and climate damages,

and treating energy as a private good.

Scope of Project

Subject Terms: Climate Change; Energy Transition; Energy Access; Air Pollution; Market Failures

JEL Classification:
      H23 Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
      O44 Environment and Growth
      Q28 Renewable Resources and Conservation: Government Policy
      Q40 Energy: General
      Q50 Environmental Economics: General

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Published Versions

V1 [2024-05-13]

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