CESifo Area Conference on Energy and Climate Economics 2023
CESifo, Munich
Scientific Organizer: Maximilian Auffhammer
The annual conference of the CESifo Area on Energy and Climate Economics took place as an on-site conference in Munich. The scope of relevant topics was broad, ranging from climate mitigation and adaptation to the study of energy and resource markets as well as environmental market failures more broadly. The keynote lecture entitled Ray of Hope? China and the Rise of Solar Energy, was delivered by Robin Burgess (LSE).
Program
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9:00 - 9:10 Welcome, Introduction, and Rules of Engagement (Maximilian Auffhammer)
Plenary Session 1 - Ludwig Erhard Room
Energy I
Chair: Doina Radulescu
9:10 - 9:50
Decreasing Emissions by Increasing Energy Access? Evidence from a Randomized Field Experiment on Off-Grid Solar Lights
DINA POMERANZ (University of Zürich), Adina Rom, Isabel Günther
9:50 - 10:30
Bringing Early-Stage Technologies to Market: Evidence from Utility-Scale Solar and Feed-in-Tariffs
SUGANDHA SRIVASTAV (University of Oxford) – Distinguished CESifo Affiliate Award Candidate
10:30 - 11:10
Complementary Inputs and Industrial Development: Can Lower Electricity Prices Improve Energy Efficiency?
GREGOR SINGER (London School of Economics) – Distinguished CESifo Affiliate Award Candidate
11:10 - 11:40
Coffee Break Plenary Session 2 - Ludwig Erhard Room
Keynote
Chair: Maximilian Auffhammer
11:40 - 12:40
Ray of Hope? China and the Rise of Solar Energy
ROBIN BURGESS (London School of Economics)
12:40 - 13:50
Lunch Plenary Session 3 - Ludwig Erhard Room
Climate Change I
Chair: Armon Rezai
13:50 - 14:30
Structural Modelling Changes Drive the Social Cost of Carbon
MORITZ DRUPP (University of Hamburg), Frances Moore, James Rising, Simon Dietz, Ivan Rudik, Gernot Wagner
14:30 - 15:10
Equity Weighting and Risk Adjusting the Social Cost of Carbon
DAVID ANTHOFF (UC Berkeley), LISA RENNELS (UC Berkeley), Frank Errickson (Princeton) & RFF SCC Team.
15:10 - 15:50
A Quantity-Based Approach to Constructing Climate Risk Hedge Portfolios
JOHANNES STROEBEL (NYU), Gerogij Alekseev, Stefano Giglio, Quinn Maingi, Julia Selgrad
15:50 - 16:20
Coffee Break Parallel Session 4A -Ludwig Erhard Room
Energy Transition Empirics
Chair: Megan Lang
16:20 - 17:00
Induced Innovation, Inventors, and the Energy Transition
EUGENIE DUGUOA (LSE) and Todd Gerarden
17:00 - 17:40
Electric Vehicle Charging Behavior and Charging Price Elasticities: An Analysis Using Swiss Data on Public Charging Stations
DOINA RADULESCU (University of Bern)
Parallel Session 4B - Richard Musgrave Room
Taxation – Theory
Chair: Cees Withagen
16:20 - 17:00
Carbon Taxation and Income Distribution: Importance of Nonlinear Engel Curves
ARMON REZAI (University of Vienna), Rick Van der Ploeg, Miguel Tovar
17:00 - 17:40
On the Geographic Implications of Carbon Taxes
BRUNO CONTE (University of Bologna), Klaus Desmet, Esteban Rossi-Hansberg
19:00
Dinner
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Plenary Session 5 - Ludwig Erhard Room
Climate Change II
Chair: Maximilian Auffhammer
9:00 - 9:40
Carbon Capture: Storage Versus Utilization
CEES WITHAGEN (VU Amsterdam), Michael Moreaux, Jean-Pierre Amigues, Gerard van der Meijden.
9:40 - 10:20
Sea Level Rise and Urban Adaptation in Jakarta
ALLAN HSIAO (Princeton University)
10:20 - 10:50
Coffee Break Parallel Session 6A - Ludwig Erhard Room
Empirics
Chair: Dina Pomeranz
10:50 - 11:30
Extensive Margin Responses to Intensive Margin Prices: Evidence from Subsidies for Solar Electricity in Togo
MEGAN LANG (World Bank)
11:30 - 12:10
Agricultural Productivity and Deforestation
RYAN ABMAN (SDSU), Teevrat Garg, Yao Pan, and Saurabh Singhal
12:10 - 12:50
Designing Carbon Pricing Policies
FRIKK NESJE (University of Copenhagen), Robert C. Schmidt, Moritz A. Drupp
Parallel Session 6B - Richard Musgrave Room
Theory
Chair: Charles Kolstad
10:50 - 11:30
Pigou's Advice and Sisyphus' Warning: Carbon Pricing with Non-Permanent Carbon-Dioxide Removal
MAX FRANKS (PIK), Matthias Kalkuhl, Max Franks, Friedemann Gruner, Kai Lessmann, Ottmar Edenhofer
11:30 - 12:10
The Economics of Carbon Leakage Mitigation Policies
STEFAN AMBEC (Toulouse School of Economics), Federico Esposito, and Antonia Pacelli
12:10 - 12:50
Economically Exhaustible Resources in an Oligopoly-Fringe Model with Renewables
GERARD VAN DER MEIJDEN (VU Amsterdam), Hassan Benchekroun, Cees Withagen
12:50 - 13:50
Lunch Plenary Session 7 - Ludwig Erhard Room
Energy
Chair: David Anthoff
13:50 - 14:30
Heterogeneity in the Pass-Through from Oil to Gasoline Prices: A New Instrument for Estimating the Price Elasticity of Gasoline Demand
LUTZ KILIAN (Federal Reserve Bank, Dallas) and Xiaoqing Zhou
14:30 - 15:10
Valuing Solar Subsidies
KENNETH GILLINGHAM (Yale University), Bryan Bollinger, and A. Justin Kirkpatrick
15:10 - 15:40
Coffee Break Plenary Session 8 - Ludwig Erhard Room
Environment and Preferences
Chair: Moritz Drupp
15:40 - 16:20
Destructive Behavior, Judgment, and Economic Decision-making Under Thermal Stress
MAXIMILIAN AUFFHAMMER (Berkeley), Ingvild Almås, Tessa Bold, Ian Bolliger, Aluma Dembo, Solomon M. Hsiang, Shuhei Kitamura, Edward Miguel, and Robert Pickmans
16:20 - 17:00
Fog or Smog? The Impact of Uncensored Reporting on Pollution on Individuals' Environmental Awareness
SVEN HARTMANN (IAAEU and Trier University)
17:00 - 17:10
Award and Conference Close