Innovation is an important part of environmental policy, and encouraging innovation is often
an explicit goal of policymakers. A large literature in environmental economics examines the …

ABSTRACT I examine the effects of the US Greenhouse Gas (GHG) Reporting Program,
which requires thousands of industrial facilities to measure and report their GHG emissions. I …

The rise of shale gas and tight oil development has triggered a major debate about hydraulic
fracturing (HF). In an effort to bring light to HF practices and their potential risks to water …

Energy markets are going through a period of profound structural change. With significant
cost declines and performance improvements in renewable energy technologies over the …

We study the real effects on innovation of a transformative change in corporate disclosure
dissemination, the implementation of the SEC's EDGAR system. On the one hand, increased …

Efficient pollution regulation equalizes marginal abatement costs across sources. We study
a new flaring regulation in North Dakota and document its efficiency. We attribute most of the …

Unconventional oil and gas development (UOGD) has revolutionized resource extraction
over the past two and a half decades. Although these methods to recover oil and gas began …

We often link increasing productivity in resource extraction to innovation in how firms extract.
Yet resource quality-where firms extract-is a key driver of productivity. Using a structural …

Oil and gas leases between mineral owners and extraction firms ubiquitously include royalty
and primary term clauses. The royalty denotes the share of revenue that is paid to the …

I model the interaction between dynamic decision making and social learning about new
technologies in driving industry takeoff and productivity growth. Learning about the use of …