HKS Affiliated Authors

Teresa and John Heinz Professor of the Practice of Environmental Policy

Excerpt

Energy Market Shock Absorbers: Waiving Environmental Regulations in Response to Fuel Market Disruptions. Joseph Aldy, March 23, 2017, Paper, "As a result, such volatility can have important political implications. Energy price volatility has historically reflected geopolitical events around the world. But recently in the United States, natural disasters, policy design and implementation, and competition in markets have contributed to volatility in U.S. energy price."