Renewable Portfolio Standards and Their Policy Legacy in a Changing Political Climate
(Natural Resource Security, Energy and Environmental Policy)
*Names in bold indicate Presenter
The proposed panel takes account of these issues, with four rigorous and empirical analyses of RPS policies. Collectively, the papers address 3 fundamental questions:
1) What causes states to adopt stronger or weaker RPS policies?
2) How does policy stringency and design affect certain market outcomes, such as solar or wind developments?
3) How well can RPS policies achieve the objectives set out for them, such as renewable energy deployment, minimal impacts on electricity prices, a reduction in greenhouse gas emissions and air pollution, and an improvement in human health?
While the study of a single policy may seem too narrow for an APPAM panel, we believe that this proposed panel offers three distinct contributions to the natural resource, environment, and energy track. First, these papers not only consider the legacy of the RPS policy, but also reflect more broadly on our current energy and climate policy situation, and the manner in which policy, markets, and politics may continue to evolve in the future. Second, all four papers offer methodological contributions through the use of statistical tools that can better account for issues of endogeneity and policy interactions across states, or through measures that provide more nuance and accuracy than those used previously. Third, the panel represents a diverse mix of scholars that approach the topic from a variety of social science perspectives—economics, public policy, political science, and law.
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