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Topic: Analysis of Cap and Trade Market
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California's Cap-and-Trade Market Through 2030: A Supply/Demand Analysis
Severin Borenstein, James Bushnell, and Frank Wolak. Updated March, 2018.
(Overly) Great Expectations: Carbon Pricing and Revenue Uncertainty in California
James Bushnell. October 2017.
Expecting the Unexpected: Emissions Uncertainty and Environmental Market Design
Report of the Market Simulation Group on Competitive Supply/Demand Balance in the California Allowance Market and the Potential for Market Manipulation
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Topic: Trade Exposure, Leakage, and Competitiveness
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Challenges in the Measurement of Leakage Risk
Meredith Fowlie and Mar Reguant;
Local Solutions to Global Problems
James Bushnell, Carla Peterman, and Catherine Wolfram
Rethinking Trade Exposure: the Case of the US Nitrogen Fertilizer Industry
James Bushnell and Jacob Humber
Updating the Allocation of GHG Permits in a Cap-and-Trade Program
Meredith Fowlie
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Topic: Regulation of Electricity Imports
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Issue Analysis: Electricity Resource Shuffling in California's Greenhouse Gas Cap-and-Trade Market
California ARB Emissions Market Assessment Committee (September 2012)
Downstream Regulation of CO2 Emissions in California's Electricity Sector
James Bushnell, Yishu Chen, and Matthew Zaragoza-Watkins
Allocation and leakage in regional cap-and-trade markets for CO2
James Bushnell, Yishu ChenRelated Blog Post: What's the Worst that Could Happen?
Upstream vs.downstream CO2 trading: A comparison for the electricity context
Benjamin Hobbs, James Bushnell, and Frank Wolak
California's Electricity GHG Policies: How do they add up?
James Bushnell, Carla Peterman, and Catherine Wolfram