Economist @rff, via @DukeU, @NERA_Economics, & @USCBO. Opinions my own.
Washington, DC
Joined October 2010
- Tweets582
- Following1K
- Followers659
- Likes1K
Brian Prest retweeted
We have a paper out in @ScienceMagazine today showing how new guidelines allowing for income weighting in federal cost-benefit analysis would affect the social cost of carbon. Main takeaway, the SC-CO2 increases nearly 8x to ~$1300/ton. @rff @ERGBerkeley
science.org/doi/10.1126/scie…
Brian Prest retweeted
Discounting in benefit-cost analysis using investment rates of return can yield very misleading estimates of the costs and benefits of policies with long-lived impacts, from @richardgnewell, @billypizer, and @bprest nber.org/papers/w31526
Brian Prest retweeted
Check out this new research in #JEEM on climate royalty surcharges on fossil fuels by Brian C. Prest (@bprest) and James H. Stock (@jimstockmetrics).
Increasing royalty rates on federal fossil fuel reduces global emissions.
Link to paper: sciencedirect.com/science/ar…
Brian Prest retweeted
Psyched about this new @rff working paper from @bprest, Zach Whitlock, & me. It asks: in a future with more ambitious climate policies, what happens to oil and gas production in different US regions, and how does that affect local gov't revenue? 1/8
rff.org/publications/working…
Brian Prest retweeted
We are closely monitoring this critical matchup between @bprest and the formidable team of @Klpalmer7, @bprest, and @cjwich.
The key takeaway: always bet on Brian. 💙
Round 2: Match E
RCTs against the Machine: Can Machine Learning Prediction Methods Recover Experimental Treatment Effects? tinyurl.com/jmr2e1
vs.
Peaking Interest: How Awareness Drives the Effectiveness of Time-of-Use Electricity Pricing tinyurl.com/jmr2e2
80%RCTs against the Machine
20%Peaking Interest
128 votes • Final results Brian Prest retweeted
Round 2: Match E
RCTs against the Machine: Can Machine Learning Prediction Methods Recover Experimental Treatment Effects? tinyurl.com/jmr2e1
vs.
Peaking Interest: How Awareness Drives the Effectiveness of Time-of-Use Electricity Pricing tinyurl.com/jmr2e2
80%RCTs against the Machine
20%Peaking Interest
128 votes • Final results Brian Prest retweeted
Join us on April 3 for a discussion of the social cost of #Carbon with @CoralMDavenport, @noahqk, @bprest, @GlennRudebusch, & @davidmwessel ->
brook.gs/3TmmtHN
Brian Prest retweeted
Join us on April 3 at 11:00 AM for an event on the social cost of carbon. Panel discussion w/@CoralMDavenport (@nytimes), @noahqk (@Columbia), @bprest (@rff), & @GlennRudebusch (@BrookingsEcon) moderated by @davidmwessel. #Carbon brook.gs/3TmmtHN
Brian Prest retweeted
Today @ 12 pm
Hybrid seminar
#EnergyPolicy Seminar featuring @bprest
"The Climate Economics of Oil and Gas Production on Federal Lands: From Campaign Promises to the Inflation Reduction Act"
@HUCEnvironment @HarvardBizGov
More ⬇️
belfercenter.org/event/energ…
Brian Prest retweeted
What is the cost to society—in dollars—of emitting an additional ton of CO2? $185, according to new research published in @Nature.
Today on Resources Radio, RFF’s @bprest and @kevinrennert discuss their updated estimate for the #SocialCostOfCarbon. buff.ly/3Ql3qKX
Brian Prest retweeted
Nature research paper: Comprehensive Evidence Implies a Higher Social Cost of CO2 nature.com/articles/s41586-0…
Brian Prest retweeted
A new value of the #SocialCostOfCarbon—published today in @Nature—is substantially higher than the previous values used by the US government. RFF's @bprest, @jmwingenroth & @kevinrennert lay out the work behind the new calculation of the #SCC. buff.ly/3RqGDyf
Brian Prest retweeted
Our paper, “Comprehensive New Evidence Implies a Higher Social Cost of CO2” w @davidanthoff @kevinrennert @bprest @hanasbc et al just published in Nature: nature.com/articles/s41586-0… It finds that the social cost of carbon (SCC) is more than triple the current federal estimate.
Brian Prest retweeted
If you're at all interested in climate and energy policy, you definitely don't want to miss next week's major @rff event on new estimates of the Social Cost of Carbon! #energytwitter
9/1 @ 1 p.m. EDT ☁️ Join us in person or virtually for an #RFFlive event, where a multi-institutional team of researchers will unveil an updated estimate of the #SocialCostOfCarbon and discuss its implications for #ClimatePolicy.
Details here: rff.org/events/rff-live/an-u…
#SCC
Brian Prest retweeted
9/1 @ 1 p.m. EDT ☁️ Join us in person or virtually for an #RFFlive event, where a multi-institutional team of researchers will unveil an updated estimate of the #SocialCostOfCarbon and discuss its implications for #ClimatePolicy.
Details here: rff.org/events/rff-live/an-u…
#SCC
Brian Prest retweeted
NEW: Analysis by @rff finds that the Methane Emissions Reduction Program in the Inflation Reduction Act would have a "negligible" impact on natural gas prices.
We can reign in methane emissions from the oil and gas sector WITHOUT increasing costs.
rff.org/publications/testimo…
Brian Prest retweeted
Lead author @Nick_HRoy: "The tax credits can lower the #electricity rates everyone in the economy faces and shield us from potential swings in #NatGas prices like we've been seeing and feeling this year."
Brian Prest retweeted
NEW ⚡️ RFF researchers model the impact of the #InflationReductionAct on consumer electricity prices, finding that it reduces the average American household's electricity costs by $170–$220 annually. rff.org/publications/issue-b…
@Nick_HRoy @DallasBurtraw @kevinrennert
Brian Prest retweeted
It would be great if every newspaper, radio station, and TV network would reproduce Professor Borenstein's graphs and analysis about the history of U.S. gasoline prices ... @BorensteinS energyathaas.wordpress.com/2…
Brian Prest retweeted
Are carbon border measures the future of trade?
As conversations unfold during #COP26, join us for a conversation on this policy option—its impact on emissions leakage, economic activity, and more—and the recent proposals in the EU and US.
Details: rff.org/events/rff-live/carb…
