Topic: Analysis of Cap and Trade Market
California's Cap-and-Trade Market Through 2030: A Supply/Demand AnalysisSeverin 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
Severin Borenstein, James Bushnell, Frank Wolak, and Matthew Zaragoza-Watkins.. Updated April, 2018.
Report of the Market Simulation Group on Competitive Supply/Demand Balance in the California Allowance Market and the Potential for Market Manipulation
Severin Borenstein, James Bushnell, Frank Wolak, and Matthew Zaragoza-Watkins.. March, 2014;
Topic: Trade Exposure, Leakage, and Competitiveness
Challenges in the Measurement of Leakage Risk
Meredith Fowlie and Mar Reguant;
Local Solutions to Global ProblemsJames 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
Topic: Regulation of Electricity Imports
Issue Analysis: Electricity Resource Shuffling in California's Greenhouse Gas Cap-and-Trade MarketCalifornia 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 CO2James 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