Freeman Spogli Institute for International Studies Program on Energy and Sustainable Development Stanford University


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Climate Change Policy

Explores the international "Post-Kyoto" effort to control climate change, with studies on emissions trading systems, on programs for development and deployment of new technologies, and analysis of strategies for engaging developing countries in the collective effort to control global warming.

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September 30th, 2013

Thurber and Wolak simulate carbon cap and trade in Stanford GSB course

PESD associate director Mark Thurber and director Frank Wolak taught a course on "Energy Markets and Policy" at the Stanford Graduate School of Business in which student teams played the role of California power companies bidding generation into wholesale electricity markets and trading carbon allowances to cover their emissions. The surprising results of this cap and trade simulation are published in the Aug/Sep 2013 issue of The Electricity Journal. Read more »




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