Policy Briefs

Working Paper
Houde, S., & Aldy, J. E. (Working Paper). Consumers' Response to State Energy Efficient Appliance Rebate Programs. Cato Research Briefs in Economic Policy. Full Paper.pdf
2019
Aldy, J. E. (2019). More Study Needed of the Overall Impact of Rules on American Society. The Environmental Forum , (July/August 2019), 15. Full Text
Aldy, J. E., & Gianfrate, G. (2019). Future-Proof Your Climate Strategy. Harvard Business Review , (May/June 2019), 86-97. Full Text
Aldy, J. E. (2019). Benefits Are Benefits — Regardless of How They Are Legally Obtained. Environmental Law Forum , (May/June 2019), 15. Full Text
Aldy, J. E. (2019). A Few Keys to Saving the Planet Cost-effectively. The Environmental Forum , (March/April 2019), 50. Full Text
2018
Aldy, J. E. (2018). Improving Regulatory Transparency Through Retrospective Analysis. The Regulatory Review. Full Text
Aldy, J. E. (2018). Trade Shifts Pollution More than Regs Shift Trade. The Environmental Forum , (Sept/Oct 2018), pp. 52. Full Text
2017
Aldy, J. E. (2017). Congressional Testimony to United States House Committee on Energy and Commerce, Subcommittee on Energy, hearing on "Federal Energy Related Tax Policy and Its Effects on Markets, Prices, and Consumers". Full Testimony.pdf
Aldy, J. E. (2017). How the United States could Benefit from Eliminating Ineffective Fossil Fuel Subsidies. Scholars Strategy Network. Full TextAbstract

For more than a century, the U.S. federal government has subsidized the production of fossil fuels through the tax code. These tax expenditures – amounting to de facto government spending – lower the cost of investment and increase the revenues from fossil fuel production. However, research shows that the subsidies do very little to increase U.S. fossil fuel production, because the impact of subsidy use on investment decisions depends on other factors such as technological improvements in oil and gas drilling, shifts in energy demand in the global energy market, production decisions by the Organization of the Petroleum Exporting Countries, and unsettling political events in the Middle East. Without achieving much, if any, useful economic impact, fossil fuel subsidies are transferring about $4 billion annually from the pockets of taxpayers into those of fossil fuel producers.

Aldy, J. E. (2017). Waiving Environmental Regulations in Response to Fuel Market Disruptions. Kleinman Center for Energy Policy. Full Text