Posts by Maximilian Auffhammer Subscribe

Heat and Happiness

As we Californians snuggle up around our ethanol or natural gas powered fireplaces to survive the barbaric temperatures which are dipping into the 50s, 40,000 people are hanging out in Paris trying to hammer out a new climate accord. Well, a few...

Posted December 8, 2015    

Leaking Coal to Asia

The view from my window high up in the ivory tower is spectacular. Through my open window I breathe in the unpolluted air of knowledge and bask in the glow of theory. Recently I climbed down to attend a hearing at Oakland’s city council about the...

Posted October 29, 2015    

VW's Deepwater Horizon?

Last week one of the biggest environmental scandals since the Deepwater Horizon disaster made its way to somewhere near the bottom of page 11 of most major newspapers. VW admitted to systematically cheating on emissions tests of its Diesel vehicles...

Posted September 24, 2015    

Why the Pope is Wrong on Markets

On a recent speaking engagement in Germany I ran into Prof. John Schellnhuber, who was on his way to the Vatican to present Pope Francis’ major coming out document on climate change. After I got over feeling oh so cool for being one degree of Kevin...

Posted August 18, 2015    

Hawai'i: The Next Frontier

Aloha, dear readers. It’s quiet at the Energy Institute as most of us are out in the field. I just got to spend some time with a number of the world’s smartest economists on Oahu and some vacation time on Maui. Hawai’i is an awesome place. Not only...

Posted July 15, 2015    

Building Codes That Work

If I got a dollar each time someone says that California’s energy efficiency codes have led to significant decreases in electricity consumption, I could buy a Tesla to help reverse that trend. In the halls of power, climate regulators discuss this...

Posted April 23, 2015    

The Economics of EV Charging Stations

I live in the northern end of the Silicon Valley and here EVs and Plug-in hybrids are everywhere. From Tesla P85s to C-Max Energis – it’s what the cool kids drive. As the minority academic economist in this nerdster crowd, I am always on the lookout...

Posted March 17, 2015    

Clinton (well, Gore) Went to Kyoto. Obama Went to Beijing

Many of us carbon nerds remember President Clinton’s 1997 remarks announcing that an agreement had been reached at the climate negotiations in Kyoto, Japan. The speech was full of hope and happy economic words like “tools of the free market,” which...

Posted November 20, 2014    

Plug In Hybrid: Saving Carbon and Dollars?

I am in the market for a new car. At a recent visit to a Ford dealer I was confronted with the choice between the regular hybrid-electric version of the C-Max (think standard Prius but made in the USA!) and the plug-in hybrid electric version of the...

Posted October 22, 2014    

What's the Goal and Point of National Biofuel Regulation?

While preparing a lecture for the 4th Berkeley Summer School in Environmental and Energy Economics, I returned to contemplating the regulation of biofuels as part of a federal strategy to combat climate change and increase energy security. If we...

Posted August 27, 2014    

What We Don't Know About Economic Climate Change Impacts

A relatively recent econometric literature examines the impact of weather/climate on a variety of outcomes of economic interest. In order to provide an estimate of a climate impact you need two things: An estimate of how a sector responds to a...

Posted July 24, 2014    

The Yoga Theorem

With the recent’s historical release of the EPA’s new carbon emissions policy, I took some extra time to comb through and digest the news.I have organized my intermediate microeconomics class around something called the “Yoga Theorem.” This almost...

Posted June 6, 2014