3 things to know about the next 4 years of US energy
Climate policy expert Christopher Knittel handicaps the likelihood of tariffs, cuts to IRA subsidies, and a carbon tax under the new administration.
Faculty
Christopher Knittel is the Associate Dean for Climate and Sustainability, the George P. Shultz Professor and a Professor of Applied Economics at the MIT Sloan School of Management.
Prior to MIT Sloan, Knittel taught at the University of California, Davis, and at Boston University. His research focuses on industrial organization, environmental economics, and applied econometrics.
Knittel is an associate editor of The American Economic Journal— Economic Policy, The Journal of Industrial Economics, and the Journal of Energy Markets. His research has appeared in The American Economic Review, The Review of Economics and Statistics, The Journal of Industrial Economics, The Energy Journal, and other academic journals. He also is a Research Associate at the National Bureau of Economic Research in the Productivity, Industrial Organization, and Energy and Environmental Economics groups.
Knittel holds a BA in economics and political science from California State University, Stanislaus; an MA in economics from the University of California, Davis; and a PhD in economics from the University of California, Berkeley.
http://knittel.world
Knittel, Christopher R., and Samuel Stolper. The Economic Journal. Forthcoming. NBER Working Paper.
Graham, Kailin and Christopher Knittel. Proceedings of the National Academy of Sciences Vol. 121, No. 7 (2024).
Dimanchev, Emil and Christopher R. Knittel. Energy Economics Vol. 122, (2023): 106697. SSRN Preprint.
Caminade, Juliette, Juan Carvajal, and Christopher R. Knittel. Competition Vol. 32, No. 2 (2022): 30-43.
Knittel, Christopher R., Konstantinos Metaxoglou, Anson Soderbery, and Andres Trindade. The Canadian Journal of Economics Vol. 55, No. 3 (2022): 1294-1333. CEEPR Working Paper.
Abito, Miguel, Christopher R. Knittel, Konstantinos Metaxoglou, and Andre Trindade. The International Journal of Industrial Organization Vol. 83, (2022): 102843.
Climate policy expert Christopher Knittel handicaps the likelihood of tariffs, cuts to IRA subsidies, and a carbon tax under the new administration.
The LIHEAP formula for calculating energy aid was written in the 1980s. Researchers propose a solution that recognizes the cost of cooling a warming south.
"About 75% of the tariff will be passed onto consumers. That means about $1,200 extra of expenses to the average U.S. household per year."
"To combat climate change, we need to make it in the firms' and consumers' self-interest to produce and buy the low-carbon alternatives."
"As the climate warms, we're going to need to use more and more energy on air-conditioning, and that's going to increase the burden ..."
"The biggest issue in interconnection and transmission planning generally is that we as a country are not forward-looking."