Markets & Regulation
Markets have a strong influence on how energy is bought, sold, traded, and forecasted. Paired with regulations—at the federal, state, and local levels—these forces shape our energy landscape.
In the United States, there is no national electricity policy. Reaching nationally defined decarbonization targets in the electricity sector, without a national electricity policy, while maintaining grid reliability, is a growing challenge.
The number of homeowners that buy energy storage is skyrocketing, but installations are often not profitable. Explore why individuals still buy batteries, for which households they are useful, and how valuing greenness helped this technology grow.
Over the past decade, governments have finally started to combat climate change through policy interventions, but a constant fear has been how the economy and the markets will react to any new legislation. To what degree are such concerns warranted?
Carbon offsets are increasingly becoming a strategy to reduce environmental impacts, but providers of credits will need to ensure quality, appropriate funding, and cooperation with local institutions.
Presidential Distinguished Professor
Shelley Welton is a Presidential Distinguished Professor of Law and Energy Policy with the Kleinman Center and Penn Carey Law. Her research focuses on how climate change is transforming energy and environmental law and governance.