Evaluating Emissions Reductions through the Regional Greenhouse Gas Initiative: A State and Plant-Level Analysis
by Nicholas Vassilios Papavassiliou Abstract In this study, I examine the impact of the Regional Greenhouse Gas Initiative (RGGI) on emission reductions in the electricity sector, focusing on three critical dimensions. First, I analyze temporal trends in emissions reductions to evaluate whether previously demonstrated progress has slowed as states exhaust low-cost mitigation pathways. Second, I […]
Who Gets Wind? Investigating Economic Attributes of Iowa Counties Prior to Wind Turbine Development
by Karianna Klassen Abstract Iowa is a national leader in wind energy, producing nearly two-thirds of its electricity from wind turbines. However, the development of wind energy infrastructure across the state has been uneven—some counties host hundreds of turbines while others have none. This paper investigates whether county-level economic conditions influence the likelihood of wind […]
Drought Exposure and the Livestock Forage Disaster Program: Impacts on U.S. Cattle Populations
by Helena Kagan Abstract This paper examines the impacts of drought conditions, as defined by the U.S. Drought Monitor (USDM), on U.S. beef cattle inventories between 2000 and 2023. Using a county-level panel dataset and fixed effects models that exploit geographical and time variation in drought exposure, we estimate how additional weeks of various drought […]
Religious Identity and Climate-Sustainable Behavior
by Zixin “Finnie” Zhao Abstract What motivates individual action on climate change? The study focuses on the potential influence of religious identities. It employs a laboratory experiment to investigate how priming religious identity affects individuals’ donation behaviors to climate versus non-climate charities in a dictator game setting. In contrast with expectations, this study finds no […]
Blaze of Distrust: The Impact of Wildfires on Social Capital and Governance in Brazilian Amazonia
by Feishi “Alicia” Gong Abstract The 2019 wildfire crisis in Brazilian Amazonia not only captured global headlines but also deeply influenced public sentiment towards environmental and political challenges within the country. Trust, a pivotal element of social capital, plays a vital role in shaping a nation’s progress and the well-being of its citizens. This study […]
Do Green Stocks Get You the Green? Differential Impacts of S&P 500 ESG Index Labels on Firm Stock Prices
by Heera Rajavel Abstract On January 28, 2019, the S&P Dow Jones Indices launched the ESG S&P 500 Index, aiming to create a sustainable index fund with a similar risk/return profile to the S&P 500 Index. This study assesses the causal mechanisms behind the performance of the S&P 500 ESG Index by running two difference-in-differences […]
The True Cost: An Aggregate Analysis of the Advanced Clean Cars II Policy
by Lauren Mackenzie Sizemore Abstract Global climate change, emphasis on the global, requires local solutions. Every entity plays a role, some more than others. Yet, when improvements in pollution or emissions in one region leads to more problems in another, how is the net cost or benefit to be deciphered for the environment, for the […]
Reconstruction following Destruction: Entrepreneurship in the Aftermath of a Natural Disaster
by Richard Lombardo Abstract Entrepreneurship is thought to be the engine of growth in many developing countries. There is, however, a paucity of evidence on the role that entrepreneurship plays in rebuilding economic livelihoods both in the short and longer-term in the aftermath of a large-scale shock. This is an important gap in the literature […]
The Effect of Algae Blooms on Property Values located on Florida’s Indian River Lagoon
by Cameron DeChurch Abstract Florida’s Indian River Lagoon has algae blooms that devastate ecosystems, water quality, and markets for seafood, recreation, and housing. This study estimates part of their economic impact by examining water quality’s relationship with prices of properties sold near the estuary from 2007 to 2016. Using water quality scores from 0 to […]
Impact of Utility-Scale Solar Farms on Property Values in North Carolina
By Megan Wang Abstract The aim of this paper is to investigate impacts of utility-scale solar farms on surrounding property values. Using data from CoreLogic, the Energy Information Administration (EIA), and the US Census Bureau, this study identifies a 12% statistically significant increase in sale values associated with high-income residential homes within three miles of […]
