Jacquelyn Pless
@JacquelynPless
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Assistant Prof @MITSloan . Economist. Innovation + Clean Energy + Social Progress. Let's be better. My meditation = running.
Cambridge, MA
Joined March 2013
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Well, it has been quite a roller coaster journey. But I'm very excited to share that - as of July 2019 - I will be joining
@MITSloan
as an Assistant Professor in the TIES group! A huge thank you to many, especially
@INETOxford
and
@MinesEconBus
for all the support.
#econjobmarket
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AK's
@GovDunleavy
is slashing the uni system budget by 40%. This targets UAA, which is a hub for climate research. Non-traditional students also will be hit disproportionately. Campuses will shut down and tenured profs fired. The
#akleg
can stop this.
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Honored to be named to
@PoetsAndQuants
Best 40-Under-40 MBA Profs List! Deepest thanks to my incredible colleagues and students
@MITSloan
for their support. And a special shoutout to my fiancé
@markduggan_econ
for always believing in me!
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Hey
#econtwitter
: we are pretty well-trained in how to give economics seminars but not necessarily higher-level talks (e.g., keynotes & public lectures), especially for interdisciplinary audiences. I don’t think I got it quite right last time I tried. Any tips?
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As a
#firstgen
, my family will never fully understand what it means to get tenure, but they do appreciate what it means to become a homeowner 🥂
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Very excited for my paper with
@ArthurvBenthem
to be out! We look at solar subsidies in CA and show that buyers capture nearly the full subsidy and more than 100% is passed through to lessees. We also formalise passthrough over-shifting as a simple test for market power.
Subsidies for rooftop solar panels actually work. New evidence from California by
@JacquelynPless
and
@ArthurvBenthem
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How does public spending impact
#cleanenergy
#innovation
? We still know surprisingly little.
@camjhep
,
@farrellniall
, and I discuss (methodological) challenges & solutions to generating a wider evidence base that can inform energy innovation policy design.
@NatureEnergyJnl
.
.
@JacquelynPless
,
@camjhep
and Niall Farrell discuss how energy research funding evaluation challenges can be overcome systematically
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Uber driver: Why were you here?
Me: I was giving a talk
Driver: what do you do?
Me: I’m an assistant prof in econ/innovation/enviro
Driver: <10 mins re: corporate tax cuts>
Me: <2 sentence rebuttal to everything>
Driver: oh, you know some things about this?
Just 🤦♀️💆♀️
#econtwitter
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Had so much fun participating in the
@AEACSWEP
mentoring workshop for women and non-binary PhD students yesterday. Such a great reminder of the amazing and inspirational people in our profession. Thank you
@maya_rossin
and
@jenniferdoleac
for organizing!
We did it! Feeling so inspired by all the smart, caring, funny, honest, and just overall badass mentors who volunteered their time today. And hopeful and excited for the future of the economics profession. Thank you. It’s an honor to get to share this career journey with you all!
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Excited to be in Atlanta for
#ASSA2019
! Have gotten tons of JM advice lately, but there are three pieces I’m holding on to closely: be confident, be yourself, and have fun. Good luck everyone!
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Trying something new in my innovation strategy class: we're building a collaborative Spotify playlist. Contributions must be justified as explicitly relating to a class topic. Thoughts on whether this experiment will be a success or an embarrassing failure? Will report back.
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I use data to try to understand how to drive innovation that protects the environment and people.
Your turn
@PennyMealy
@yangsiyulu
@sugandhasri
@brettwjordan
@Sefi_Roth_
@_ClaireConnelly
@BerkouwerS
@EugenieDugoua
@JonathanColmer
@bryanparthum
@bcshaffer
@cjwich
I use optimization-based models of electricity systems to inform engineering and policy decisions.
Your turn
@CostaSamaras
@DrJaneFlegal
@S_HastingsSimon
@arthurhcyip
@JacquelynPless
@busbyj2
@emilygrubert
@GernotWagner
@jacob_mays
@neha__25
@sidersadapts
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#3facts5scientists
1) Death metal helps me focus (especially on coding days)
2) I used to pitch for a boy's baseball team
3)
#firstgen
proud and fuelled by others' doubt
@t8el
@andrew_leach
@JesseJenkins
@apgoldst
@brettwjordan
, you're next!
Thanks,
@Sefi_Roth_
!
#3facts5scientists
1) I represented Israel in a robotics competition in the U.S.
#younggeek
2) I used to be a DJ🎚️
3) I was lucky enough to have my econ hero as my PhD supervisor(
#VictorLavy
)
@EugenieDugoua
@Eyal_Frank
@rjisungpark
@JacquelynPless
@lutzsager
Tnx,
@NPestel83
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Looking forward to my visit
@UWMadison
!
Another week, another awesome Weston Roundtable on
#energy
policy! This Thursday,
@JacquelynPless
, Assistant Prof. at
@MITSloan
, discusses how policy can accelerate
#cleanenergy
innovation.
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Had a fantastic time at
@CampResources
this week. An impressive set of papers and I’ve made tons of new friends. Some that were even willing to drive me a few hours in a pinch after a cancelled flight. Thank you for keeping up this tradition!
#campresources2019
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A little late, but check out my new paper in REEP with
@camjhep
and
@CPRMaxwell
's David Popp on policies to drive environmentally-friendly innovation: .
@INETOxford
@oxmartinschool
@UniofOxford
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Thanks so much,
@jenniferdoleac
! This is a phenomenal thread. For those interested, the latest version of my jmp can be accessed here:
Jacquelyn Pless
JMP: "Are 'Complementary Policies' Substitutes? Evidence from R&D Subsidies in the UK”
Website:
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An interesting fresh perspective on carbon pricing in theory and practice! This is a nice reminder that we should be evaluating policy based not just on efficiency and equity, but also political acceptability.
Making carbon pricing work for citizens: Our new study on winning over the public
@NatureClimate
with
@ryanrafaty
@camjhep
@lordstern1
Article at:
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Great summary of an important AER comment by
@LinusMattauch
et al. With corrections to the Earth science, the implications for climate policy are starkly different. We do indeed need a carbon tax today - one that is high and increases over time.
#ClimateChange
This is a VERY important comment in the AER:
In an earlier AER paper, Lemoine and Rudik (2017) argue that it is efficient to delay reducing carbon emissions due to supposed inertia in the climate system's response to emissions.
@ret_ward
@LinusMattauch
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Excited to post a draft of my job market paper! "Are 'Complementary Policies' Substitutes?" I show that R&D grants and tax credits in the UK are complements for small firms but substitutes for large firms. Comments welcome!
#EJMinfo
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Mitigating
#climatechange
damages will require substantial innovation in
#cleanenergy
. How can we ensure that public spending on R&D is effective? Join us on Oct. 10 in DC for the Clean Energy Innovation Conference, co-hosted with
@UChiEnergy
,
@ClearPathFound
, and
@ACCFmedia
.
How do we ensure that R&D resources are directed to the most promising opportunities for
#cleanenergy
innovation? Join us on Oct. 10 D.C. for the Clean Energy Innovation Conference, co-hosted with
@ClearPathFound
,
@ACCFmedia
and
@UniofOxford
:
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It’s rare
#AcademicTwitter
, but every once in a while, referees
#1
and
#3
are so positive yet constructive that it actually alleviates the pain induced by referee
#2
for just a moment. Today is a good day.
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Had a great time catching up with old friends
@coschoolofmines
@MinesEconBus
this week. Thanks for having me!
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On my way to
@WCERE2018
in Gothenburg from Stockholm. Looking forward to some great talks and catching up with everyone!
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Definitely a workshop to attend if you are in Oxford on July 2nd! Organised by
@farrellniall
and
@camjhep
, and featuring an impressive lineup of speakers including
@pcramton
,
@MarReguant
,
@fawolak
, and
@andreasloeschel
.
The Future of Electricity - 2 July 2018 - Oxford. Leading Electricity Economists will speak including
@pcramton
,
@MarReguant
,
@fawolak
,
@andreasloeschel
. Organised with
@camjhep
,
@oxmartinschool
&
@INETOxford
Limited additional places. Registration via:
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Good job opportunity
@UniofOxford
for data and modelling-oriented energy researchers!
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Thanks for the fun chat
@IrishEconPod
!
Ep 5 is on energy economics w/ Dr.
@JacquelynPless
of
@MITSloan
& Dr.
@mu_lynch
of
@ESRIDublin
. How do electricity markets work? How can we incentivise innovation in new energy tech? Will we all become electricity traders? Do we need to regulate tariffs?
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Huge thanks to
@martha_j_bailey
and all mentors for the wonderful
@AEACSWEP
CeMent meeting. Particularly grateful for the thoughtful advice from my group,
@SarahJacobsonEc
and Katrina Jessoe (incredible mentors),
@EricaMyersEcon
,
@EmilyPakhtigian
, and Stephanie Brockman.
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Thanks,
@DavidSlusky
! Great to meet you and I had tons of fun visiting
@kansaseconomics
.
Great to see
@JacquelynPless
@UniofOxford
@INETOxford
present her JMP
@kansaseconomics
@KUnews
. R&D grants & subsidies are complements for small firms but substitutes for large firms. If you’re looking for an economist who studies innovation, I recommend you interview her!
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Interesting new research by Jim Bushnell and Kevin Novan
@ucdavis
@UCDavisARE
on how renewables impact electricity prices presented at the
#futureofelectricity
conference
@UniofOxford
@oxmartinschool
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Thanks
@JesseJenkins
for the great talk today
@Kennedy_School
on the value of distributed vs. centralised energy resources. Many interesting points, but one key takeaway that really resonates: RE policies that co-exist could be at odds in achieving their objectives.
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Thank you! We're really excited for this paper to be out. Thanks to
@MinesEconBus
for the support along the way.
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We're hiring! Anyone working on innovation, entrepreneurship, and/or strategy topics should apply. Looking forward to meeting those on the market this year!
MIT TIES has a tenure-track position open for AY 2021!! For application details see (link corrected)!
Applications will be reviewed on a rolling basis as of October 23, 2020. The application deadline is November 13, 2020.
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Looking forward to this! FYI for those that are interested - registration is now free.
The line-up features keynotes from
@OxfordSBS
's Tim Jenkinson,
@ForwardCities
'
@FayHorwitt_FC
&
@KauffmanFDN
's
@Phil_Gaskin
and a panel discussion between our Chief Economist Gerald Cohen,
@EshipAtDuke
's Eric Toone &
@MITSloan
's
@JacquelynPless
.
Register:
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Captures just about every day, but I’ve learned over time how to explain what it is I do in layman’s terms, which is a super useful skill.
#firstgenproud
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Thanks for having me last week,
@UVMecon
! It was great to be back to my alma mater and to visit all of my fantastic mentors.
#UVMEcon
grad
@JacquelynPless
, now at
@MITSloan
, gave a great talk here last week! Read about her path to economics:
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The
@iza_bonn
workshop was absolutely fantastic - thank you
@NPestel83
and
@ODatUCSB
for organising!
Starting today: 7th
@iza_bonn
Workshop on Environment and Labor Markets
#izaelm
with
@ODatUCSB
@ETIsaksen
@JacquelynPless
@ClaudiaLPersico
@cagrainger
Program:
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I love this concise explanation of why we don't need to worry about the coefficient estimates for control variables. Much appreciated.
#causalinference
#econometrics
Don't bother with interpreting the effects of control variables in linear regressions. Here's why they don't even need to have expected signs.
#CausalInference
#Econometrics
#Statistics
#DataScience
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Super true for all forms of writing - academic work included!
“If you write what you yourself sincerely think and feel and are interested in… you will interest other people.”
Rachel Carson on writing and the necessary loneliness of creative work:
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Indeed. In my look at UK firms, higher tax credits greatly enhance the effect of grants on firm R&D expenditures for small firms but they greatly dampen the effect of grants for larger firms. Latest draft can be found here:
Moreover, as
@JacquelynPless
's beautiful job market paper shows, while some mixes of R&D policies can sometimes be very powerful, poorly chosen and targeted combinations mean that policies can undermine one other.
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@JesseJenkins
@MITSloan
Thanks,
@JesseJenkins
! Super excited to be here with such a strong energy, economics, and innovation community
@MITSloan
@mitenergy
@MIT
as well as throughout the broader Cambridge/Boston region.
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Excellent article on the need for bridging ML and expertise when applying AI to business decisions by
@Susan_Athey
@StanfordGSB
. More conversations like this are needed in order to clarify when ML is the right tool for the job (prediction problems, not what-if scenarios).
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Meant to also thank my former colleagues at
@UniofOxford
for kick-starting my career, where I also had the pleasure of advising my first two fantastic PhD students,
@sugandhasri
and Yangsiyu Lu!
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A nice read with simple visualisations on why contrasting climate protection and economic growth is misleading by
@LinusMattauch
,
@JanSiegmeier
, and
@SimonaSulik
.
Can economic growth and decarbonisation be compatible?
In our latest guest post,
@LinusMattauch
,
@JanSiegmeier
&
@SimonaSulik
take a look at what the data says on this technological feasibility:
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@bryanparthum
@PennyMealy
@yangsiyulu
@sugandhasri
@brettwjordan
@Sefi_Roth_
@_ClaireConnelly
@BerkouwerS
@EugenieDugoua
@JonathanColmer
@bcshaffer
@cjwich
The second part is far from true!
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Excellent work by
@NREL
on storage requirements for reaching 50% PV in CA:
#solarpower
#energystorage
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Thank you 2
@nature
's new
@NatureEnergyJnl
for highlighting my paper on power grid reliability and corruption:
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@brettwjordan
I’m also not sure what factor is worse: a lack of understanding of what economists do or the ease at which mansplaining flows to women in particular 🤷♀️
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Check out my great colleague
@t8el
's talk at
@StanfordGSB
this week, if you're around! His seminars are always fantastic.
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@UniofOxford
's economics job market candidates webpage is now live - good luck to everyone on the market this year!
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Useful new SDG tracker by
@MaxCRoser
@OurWorldInData
!
We just launched the 'Sustainable Development Goals-Tracker’
The overview below shows for which of the 232 SDG-Indicators there is data available (in green) and for which there is none (red).
If you know data that we were not aware of please let us know.
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@SarahJacobsonEc
@AmyEcon
I got really positive feedback from the students on this. They had to make connections to specific class material for each song via our online discussion board to get the credit. How did it work out for you?
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Home-by-home microgrids are not far off
#renewableenergy
#renewables
:
http://t.co/4W5IQ7uDOl
The value proposition is also in gas+solar.
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Shivers indeed.
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We are just one week away from our
#cleanenergy
#innovation
conference in Washington, DC.! Be sure to register here:
In DC on 10/10 and interested in how clean energy R&D funding can be spent more wisely? Don't miss this event from
@JacquelynPless
@UChiEnergy
,
@ClearPathFound
&
@ACCFmedia
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Congrats, Jill
@CleanEnergyMfg
! I know that your leadership will bring great success to
@JISEA1
.
Congrats to
@CleanEnergyMfg
Director, Jill Engel-Cox, as the new
@JISEA1
Director! 👏JISEA Exec Director Doug Arent announced her new role at the JISEA Annual Meeting this past week. Learn more about Jill and JISEA
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Excellent article by
@AdamMGrant
re: "How well do you know yourself?"
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@LinusMattauch
@kelleher_
You two actually have lots of overlapping interests from what I understand - possibly worth connecting/chatting!
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I was happy to share this new thought project today. Thank you to those who were in the audience! Excellent convo
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What makes M&A reorgs successful? Just released a short article in HBR on what
@stephenh_r
, Suzanne Heywood, and I learned from our data. There were few surprises:
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Be sure to register to participate in this stellar event
@INETOxford
@UniofOxford
@oxmartinschool
on the future of electricity if you'll be around Oxford on July 2!
Only two weeks to go. Join us at St. Anne's College, Oxford for an exciting discussion on the future of electricity. Register here:
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The relevance of irrationality: increased polarization in
#climatechange
beliefs due to asymmetrical updating.
How diverse people respond or don't respond to new scientific findings about climate change. From today's
@nytimes
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Glad to see
@amyjccuddy
's new analysis defending power posing effects. As an introvert and woman in a male-dominated field, power posing has done wonders for me before giving seminars & going to job interviews.
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@vsiv
@ColumbiaUEnergy
@noahqk
Great piece. Complementing R&D policy is particularly important here. But we can't forget the need for significantly ramping up R&D public spending as well. Right,
@camjhep
?
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@ElephantEating
@JesseJenkins
@arthurhcyip
@MBazilian
@DanielRaimi
@CostaSamaras
@PauliJllo
@TheEnergyCraig
@JXJohnson
@east_winds
@CMU_EPP
I won’t be there this year, but have fun! I’ll be sorry to miss it.
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"Over the last decade, hydro, not solar, has been the primary driver of negative electricity prices in the US"
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#renewableenergy
#cleanenergy
provides reliability & flexibility - affordability - not just a clean power system:
http://t.co/DWdBopLlSn
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@kelleher_
He was pretty focused on trickle down effects... business investment, employment, and impacts on households.
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@TWalk
Really well! The students were thoughtful in how they connected songs to class material and it gave us another space to talk through any misunderstandings. Will continue to build upon the same playlist with each class to come!
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Why should we think of power grids like fisheries? Read more here: , which is based on:
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Revisiting an old but great read & quote "You call it procrastination, I call it thinking." Thank you
@AdamMGrant
!
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@kelleher_
Thank you! I really enjoyed the visit and engaging discussion. What a great community.
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Agreed!
Cannot think of more deserving winners!
Banerjee, Duflo, and Kremer have revolutionised development economics by infusing it with experimental rigour. "Poor Economics" is a beautifully written summary of their work and one of the best books about economics.
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Thanks,
@SethWerfel
! I had a lot of fun trying to tackle this question.
I love this kind of research. Innovation and complements vs. substitutes are two of my favorite things. Very few policies in the real world acknowledge this kind of complexity. Good luck
@JacquelynPless
!
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What are some of the challenges with integrating large-scale renewables?
@MarReguant
is presenting lessons learnee from Iberia at the
#futureofelectricity
conference
@UniofOxford
@oxmartinschool
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@AngelaPacho
@MITSloan
@INETOxford
@MinesEconBus
@KleinmanEnergy
Thank you! And yes, I would absolutely love to visit!
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This is brilliant
@YaleClimateComm
:
http://t.co/2sC68FGhYC.
Econ models require a better understanding of realistic agents
#economics
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Excellent panel on the political constraints to making environmental policy work
@WCERE2018
with
@camjhep
,
@andrew_leach
, and others. Setting targets is *not* the same as implementing policy, and framing matters.
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Interesting proposal for a market-based approach to regulating vehicle emissions.
While California and the Trump admin. spar over
#fueleconomy
standards, our experts suggest there's a better way. EPIC Dir. Michael Greenstone & Exec Dir.
@samori8
, & Harvard's
@CassSunstein
, have proposed a cap-and-trade program for vehicle emissions:
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Max value prop of offgrid DG w/
#naturalgas
+
#renewables
:
http://t.co/WcgJAHxTPW
#microgrid
#gettinggasright
#renewableenergy
#solarenergy
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@NPestel83
@iza_bonn
@ODatUCSB
@UChi_Economics
@ETIsaksen
@ClaudiaLPersico
@cagrainger
Looking forward to it!
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"Rates of depression and anxiety reported by postgraduate students are six times higher than the general population" - agreed
@nature
@NatureNews
, it's time for a real conversation on this:
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Happy
#WorldEnvironmentDay
! Check out this super crisp set of policy options for transitioning to a clean energy economy by
@camjhep
,
@EricBeinhocker
, and Doyne Farmer
@INETOxford
.
On
#worldenvironmentday
, a
@G20Climate
"insights" paper by
@EricBeinhocker
and Doyne Farmer
@INETOxford
provides a positive vision of a
#tippingpoint
to a cleaner world:
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@DrShewmake
@SarahJacobsonEc
@AmyEcon
Yep! I plan to have future classes continue to add to the same playlist.
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Learning how to get electricity market design right from
@pcramton
at the
#futureofelectricity
conference,
@UniofOxford
@oxmartinschool
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