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Resource Documents by Greenstone, Michael

Greenstone, Michael; McDowell, Richard; and Nath, Ishan
Do Renewable Portfolio Standards Deliver?
[Abstract] Renewable Portfolio Standards (RPS) are the largest and perhaps most popular climate policy in the US, having been enacted by 29 states and the District of Columbia. Using the most comprehensive panel data set ever compiled on program characteristics and key outcomes, we compare states that did and did not adopt RPS policies, exploiting the substantial differences in timing of adoption. The estimates indicate that 7 years after passage of an RPS program, the required renewable share of generation . . . Complete article »

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