News
Visualizing California Renewables Curtailments
1+ hour, 43+ min ago (1070+ words) Research that Informs Business and Public Policy Alternative ways to see California's record-breaking April 2026. April 2026 was an all-time record for renewables curtailment in California. 1. 46 million MWhs. That's a lot. Equivalent to 18% of all grid-scale wind and solar generation for the…...
Is it Time for a Price-Stabilizing Gas Tax?
4+ week, 2+ hour ago (465+ words) Research that Informs Business and Public Policy California can't change the crude oil market, but it can adjust taxes to reduce gas price volatility. Spiking petroleum prices from Iran's closure of the Strait of Hormuz have infuriated politicians across the…...
A Stress Test for California Carbon Pricing
1+ mon, 2+ week ago (618+ words) Research that Informs Business and Public Policy Threading the needle between climate ambition and industry opposition California is trying to finalize a major redesign of its carbon market. The timing is not great. Gasoline prices are pushing $6 a gallon. Two…...
California's Proposed SAF Tax Credit Really Will Raise Gas and Diesel Prices While Delivering Small Carbon Reductions
1+ mon, 3+ week ago (961+ words) Research that Informs Business and Public Policy The critiques of our analysis from the sustainable aviation fuel industry are inaccurate. In late February, my co-authors and I blogged about a new tax credit for sustainable aviation fuel (SAF) that California…...
This Public Power Movement is Raising a Billion Dollar Question
3+ mon, 6+ day ago (604+ words) Research that Informs Business and Public Policy Who should pay to manage wildfire risk in California? As the climate gets warmer and weirder, it's getting harder to safely move hundreds of gigawatts of electricity across millions of miles of power…...
High Costs and Few Benefits from California's Proposed Sustainable Aviation Fuel Tax Credit
3+ mon, 2+ week ago (657+ words) Research that Informs Business and Public Policy This credit would reduce road funding, raise gasoline and diesel prices, and deliver small and expensive carbon emissions reductions. This blog is co-authored with Kristen Mc Cormack, William Scott, James Stock, Mengying Wu,…...
Why are California Carbon Prices so Low?
4+ mon, 5+ day ago (738+ words) Research that Informs Business and Public Policy In response to all this news the allowance market did, well, nothing." The price for vintage 2026 allowances started the year around $33/ton, dropped below $30 at midyear, climbed up to $34 around the time of…...