Seminar Kleinman Center Event

Energy Economics and Finance Seminar

Monday, November 8, 2021 | 4:00PM - 5:00PM

Speaker

Paige Weber
Assistant Professor, UNC-Chapel Hill

Virtual event

Event Summary

The seminar series in Energy Economics & Finance (EEF) is jointly organized by Wharton’s Business Economics and Public Policy Department, the Kleinman Center for Energy Policy, and Wharton’s Business, Climate and Environment Lab. The scope of the seminar includes regulation and policy papers. The scope of the seminar also includes environmental and transportation issues, as long as there is a connection with energy. Sessions are biweekly on Mondays from 4:00 p.m. – 5:00 p.m.

For Fall 2021, the seminar will be a combination of in-person and virtual talks. In-person talks will be held at JMHH G90 while virtual ones will meet via Zoom. Meeting links and passcodes for virtual talks are required in order to join and will be included in the emailed meeting announcement prior to each session.

Find and add a Google Calendar version of the schedule on the BEPP seminar page.

To sign up for the seminar, please send your name, email, and affiliation to Dhivya Kaushik: dhivya@wharton.upenn.edu

TALK TITLE: Dynamic Responses to Carbon Pricing in the Electricity Sector

Abstract: This paper studies the impact of carbon prices on local air pollution, highlighting two key mechanisms in which a carbon price changes the spatial distribution of air pollution. I develop a model of firm production and efficiency investment decisions to capture these mechanisms and quantify their impacts. I show that the observed carbon price in California led to minimal changes in the spatial distribution of local air pollution emitted by the state’s electricity sector. A higher carbon price changes the spatial distribution of local air pollution providing co-benefits from the climate policy, which increase in pre-policy pollution burden.

speaker

Paige Weber

Assistant Professor of Economics, UNC-Chapel Hill
Paige Weber is an assistant professor in the department of economics at the University of North Carolina, Chapel Hill. She earned a Ph.D. in environmental economics from Yale in 2019.
Fall 2021 Seminar Schedule
  • 9/27: Ishan Nath, Princeton University
  • 10/11: Tihitina Andarge, UMass-Amherst
  • 10/18: Lucas Davis, UC-Berkeley
  • 10/25: Francisco Costa, University of Delaware
  • 11/8: Paige Weber, UNC-Chapel Hill
  • 11/15: Sam Stolper, University of Michigan