COVID-19 has prompted a significant decline in carbon emissions, accompanied by extraordinary economic cost. Professor Michael Greenstone discusses what energy economists are learning from the pandemic and how the trade-offs may be misinterpreted.
Areas of Focus: Climate Change, Climate Economics, COVID-19
Definition
Climate Change
Climate change is an urgent global challenge. EPIC research is helping to assess its impacts, quantify its costs, and identify an efficient set of policies to reduce emissions and adapt...
Definition
Climate Economics
Climate change will affect every sector of the economy, both locally and globally. EPIC research is quantifying these effects to help guide policymakers, businesses, and individuals working to mitigate and...