Environmental Economics Program News

Q&A: Increasing Emissions Certainty under a Carbon Tax

Some organizations and individuals have expressed interest in a carbon tax as the primary federal policy to reduce greenhouse gas emissions, but such a tax leaves the emissions outcome uncertain. In an issue of the Harvard Environmental Law Review focusing on carbon taxes, three researchers affiliated with Duke University’s Nicholas Institute for Environmental Policy Solutions examine options for increasing emissions certainty. Brian Murray, Billy Pizer, and Christina Reichert discuss how these options could respond to deviations from identified emissions goals as well as identify the challenges and opportunities associated with different approaches.

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Joint Statement on U.S. Withdrawal from Paris Climate Accord

We are the leaders of four units at Duke University that collaborate on advancing an accessible, affordable, reliable, and clean energy system for our state, our country, and the world. We regard this challenge as one of the most pressing questions facing society in the 21st century, and one on which we should all be focused.

We pursue our goal by educating the leaders of tomorrow, conducting research that leads to innovative energy solutions, and engaging with decision makers in the public and private sectors to turn this knowledge into practice.

Our approach transcends political ideology.

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Can Coal Come Back?

President Donald Trump said he was helping the coal industry with an executive order instructing regulators to rewrite key rules reducing U.S. carbon emissions and other environmental regulations from the Obama administration. Brian Murray, director of the Environmental Economics Program at Duke University's Nicholas Institute for Environmental Policy Solutions, tells the Longview News Journal that utilities "are not going to flip on a dime and say now it's time to start building a whole bunch of coal plants because there's a Trump administration."

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Building a Blue Economy in North Carolina

The ocean economy contributed $2.1 billion and 43,385 jobs to North Carolina’s economy in 2013, according to a new report by North Carolina Sea Grant and Duke University’s Nicholas Institute for Environmental Policy Solutions. Ocean and coastal resources played an even larger role in the state’s coastal counties, providing 6.5 percent of gross domestic product, or GDP, and supporting 13 percent of employment. And according to “North Carolina’s Ocean Economy: A First Assessment and Transitioning to a Blue Economy” report co-author Tibor Vegh, these figures are most likely low. “Our estimates represent a snapshot in time only for the sectors where we could find economic data,” Vegh, a policy analyst with the Nicholas Institute, tells CoastWatch.

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Duke Delays Asking Trustees for Vote on Power Plant

Plans for a gas-turbine power plant at Duke University ran into another delay Tuesday, with administrators saying they’ll hold off on asking campus trustees to green-light the $55 million project, reports the Herald Sun. The decision, announced by Executive Vice President Tallman Trask, means soon-to-depart Duke President Richard Brodhead’s staff “will not be bringing a proposal forward for approval by the [trustees] in May.” That likely means future deliberations on the project will unfold after incoming President Vince Price takes over for Brodhead on July 1. Tuesday’s announcement coincided with the release of a campus study group’s report, led by Nicholas Institute director Tim Profeta, advising Duke officials to assess whether there are “sufficient volumes of biogas”—captured waste gas from hog farms, as opposed to natural gas extracted from wells—to fuel the turbine and make it carbon-netural in its first year in service.

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University Tables Proposal for Power Plant after Campus Committee Releases Evaluation Report

Duke University has delayed a decision on whether to build a power plant on campus after heavy criticism of the proposal and a recent report issued by a subcommittee of the Campus Sustainability Committee led by Tim Profeta, director of the Nicholas Institute for Environmental Policy Solutions, provided in-depth evaluation of the construction of the proposed plant. After receiving it, Duke indicated it would not bring the proposal to the Board of Trustees in May, and that deliberations will continue into later semesters.

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Duke University Puts off Proposed Duke Energy Power Plant

Duke University has delayed a vote by its trustees on a $55 million combined heat-and-power plant that Duke Energy has proposed building on the campus. “Given the complexity of these issues, we will not be bringing a proposal forward for approval by the Board of Trustees in May,” Tallman Trask, executive vice president of the university, said in a prepared release. The Campus Sustainability Committee proposed a special subcommittee of Duke faculty, staff and students to investigate the issues regarding the plant. The study, led by Tim Profeta of Duke's Nicholas Institute for Environmental Policy Solutions, was published Tuesday. 

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In Delaying Recommendation, Duke University Subcommittee Concerned about “Credibility” Problem with New Natural Gas Plant

For a university that has always been protective of its global reputation, contributing to global greenhouse gases through a natural gas plant is no way to burnish that image. That’s one of the conclusions of a Duke University Campus Sustainability Subcommittee, which released a report on a proposed combined heat-and- power natural gas plant. As a result, Duke Executive  Vice President Tallman Trask announced that the board of trustees won’t vote as scheduled on a new $55 million, 21-megawatt combined heat and power natural gas plant on campus. Trask issued the statement after receiving a 37-page report from a university subcommittee charged with evaluating the pros and cons of the project and led by Nicholas Institute director Tim Profeta.

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Guess Who’s for a Carbon Tax Now

New York Times op-ed on carbon tax mentions a paper co-authored by the Nicholas Institute for Environmental Policy Solutions' Brian Murray on British Columbia's carbon tax. Introduced in 2008, it started low, as it had at other places, so that people could shift their energy practices, and then increased yearly. The paper found that the tax worked; emissions in British Columbia dropped more than three times as much as in the rest of Canada. And economic growth was not affected. 

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Report on Campus CHP Plant Submitted

The subcommittee of the Campus Sustainability Committee that was charged with studying the feasibility of building a combined heat and power (CHP) plant on campus submitted its report to university administrators Monday. The subcommittee, composed of faculty, students and staff, and led by Tim Profeta, the director of Duke's Nicholas Institute for Environmental Policy Solutions, has been working since December to review various aspects of the proposed project. “We will carefully review the report, and the associated appendices, as we continue to assess the options for meeting Duke University’s need for energy security," said Executive Vice President Tallman Trask. "Given the complexity of these issues, we will not be bringing a proposal forward for approval by the Board of Trustees in May."

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