Future Seminar Summaries
Michael Wara, Associate Professor of Law
John P. Weyant, Professor of Management Science and Engineering
Monday, January 6, 2014 | 04:15 PM - 05:15 PM | NVIDIA Auditorium, Jen-Hsun Huang Engineering Center | Free and Open to All
|Michael Wara||John Weyant|
Success in US climate policy equates to shepherding the energy system through a dramatic and uncertain transformation. Climate policies, in order to be successful, must be cost-effective and durable. Cost-effective because political reality supports a limited appetite for spending on climate change relative to other priorities. Durable because policies are politically costly to enact and must create credible incentives that produce change on the ground, even given substantial uncertainty about the future. Regulation under existing law, the Clean Air Act, promises to be credible but not cost-effective. Regulation via carbon pricing promises to be cost effective because it relies on diffuse information in markets to set priorities for reducing emissions. But different emission pricing policies, given that their goals are politically constrained, are not created equal. Recent cap-and-trade programs, if adopted, would not have proven durable given recent economic, technological, and social changes in the U.S. Today, members of Congress and some conservative groups support emission pricing via a carbon tax. A carbon tax, if enacted, would be cost effective, robust to forecast error, and credible in the face of economic, technological, and social change. Modeling evidence also suggests that it would be environmentally effective at modest cost to U.S. economic growth.
Energy Policy (and Politics) in Theory and Practice: A Case Study in Renewable Energy Finance
Dan Reicher, Executive Director of the Steyer Taylor Center for Energy Policy and Finance and Felix Mormann, Visiting Professor, Stanford Law School
Monday, January 13, 2014 | 04:15 PM - 05:15 PM | NVIDIA Auditorium, Jen-Hsun Huang Engineering Center | Free and Open to All
Dan Reicher has more than 25 years of experience in energy and environmental policy, finance, and technology. He has served three Presidents including in the Clinton administration as Assistant Secretary of Energy for Energy Efficiency and Renewable Energy and Department of Energy Chief of Staff, as a member of President Obama’s Transition Team and Co-chair of the Energy and Environment Team for Obama, and as a staff member of President Carter’s Commission on the Accident at Three Mile Island.
Ram Rajagopal, Assistant Professor, Civil and Enviromental Engineering, Stanford University
Monday, January 27, 2014 | 04:15 PM - 05:15 PM | NVIDIA Auditorium, Jen-Hsun Huang Engineering Center | Free and Open to All
Ram Rajagopal is an Assistant Professor of Civil and Environmental Engineering at Stanford University. He leads a laboratory for creating sustainable engineering systems with renewable energy systems as one of the main focus areas. Rajagopal received his Ph.D, in Electrical Engineering and Computer Sciences and M.A. in Statistics from the University of California, Berkeley. He has specialized in creating and deploying large sensing systems, and using the generated data together with novel statistical algorithms and stochastic control to achieve sustainable transportation, energy and infrastructure networks. Rajagopal likes to combine empirical work with careful analysis. In his dissertation work, he created several types of wireless sensors that measure traffic flow and road pavement conditions.Related Themes: