Alex Farrell

Learn More
Management. The CEEPR encourages and supports policy research on topics of interest to the public and private sectors in the U.S. and internationally. The views experessed herein are those of the authors and do not necessarily refl ect those of the Massachusetts Institute of Technology. This paper uses the housing market to develop estimates of the local(More)
L ow carbon fuel standards (LCFSs) are rapidly becoming an integral part of the national debate over how to reduce greenhouse gas emissions. On January 18, 2007, California Governor Arnold Schwarzenegger signed an executive order launching a low carbon fuel standard to reduce the carbon intensity of fuels for light-duty vehicles. 1 The standard, which(More)
for helpful insights and comments, and to Fredrich Kahrl for excellent research assistance. Opinions expressed here are the author's and should not be attributed to his affiliated institutions. The California economy has an enviable record of technological progress, and the challenge presented by climate change is a new opportunity for the state to(More)
California is in the process of implementing a broad portfolio of policies and regulations aimed at reducing greenhouse gas emissions. This paper summarizes the initiatives likely to impact the electricity generating sector. We present calculations showing that there is a substantial risk that two of the most prominent policies could simply result in a(More)
California is implementing a broad portfolio of regulations aimed at reducing greenhouse gas emissions. However, many of these policies, if undertaken without the cooperation of neighboring states may result in far less reductions in emissions than the stated goals. This paper summarizes the initiatives likely to impact the electricity generating sector. We(More)