Wolak's comment to NYT's Room for Debate question: "Can the U.S. Compete with China on Green Tech?"in the news: New York Times on January 19, 2011
PESD Director Frank Wolak participated in the New York Times’ Room for Debate about whether the U.S. can compete with China on green tech and the obstacles facing American companies trying to win the front on clean energy in the global market.
Wolak quoted in CNN Money on high US gas prices and its profitability in the Westin the news: CNN Money on January 3, 2011
Gasoline prices fluctuate within the U.S. partly because the West requires cleaner fuel (a more expensive gas mixture) than other parts of the country. There are a limited number of refineries capable of making the specific mixture required for the Western gas market and as a result, the few capable refineries are profiting from the less competitive market.
PESD study on China's effort to restructure its coal market featured by Bloomberg and Plattsin the news: Platts on December 15, 2010
Platts and Bloomberg News highlighted key findings from the recent PESD report, "Remaking the World's Largest Coal Market: The Quest to Develop Large Coal-Power Bases in China".
Nolan and Thurber identify risk as a major driver of whether countries use private or state-owned oil companies
In a new working paper, PESD affiliate Peter A. Nolan and associate director Mark Thurber find that considerations of risk help explain why oil-rich states may choose international oil companies rather than state-controlled enterprises to find and extract oil in "frontier" territories.
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PESD's new research analyzes China's coal-power base reforms and how they will impact Chinese and global coal markets. Read more »
The TomKat Center for Sustainable Energy has awarded four research grants totaling $1.2 million to Stanford University researchers for smart power grid related studies. One of the four grants went to a PESD-led project that will help regulators overcome barriers to the development of electricity transmission lines needed to facilitate renewable energy deployment. Read more »
Programs to enlist developing countries in climate change mitigation by granting credits for carbon emissions reductions across entire sectors like transportation are quite appealing in principle. However, as researcher Adam Millard-Ball shows in PESD Working Paper #97, "Adverse Selection in an Opt-In Emissions Trading Program: The Case of Sectoral Crediting for Transportation," any practical implementation of such schemes would entail thorny trade offs between economic efficiency, environmental effectiveness, and political acceptability. Read more »