Artificial intelligence is driving rapid growth in electricity demand through the expansion of data centers. Meeting this demand requires complementary infrastructure investment, …
We study climate adaptation in a distorted electricity market in one of the world's most heat-exposed cities, Karachi, Pakistan. Poor households respond to extreme heat by …
Instrumental variable (IV) methods dominate empirical studies of air pollution's impacts, yet their validity often rests on untested exclusion restrictions. Using comprehensive …
This paper provides causal evidence on a within-conglomerate channel of carbon leakage under China's regional pilots of the Emission Trading System (ETS). Our analysis leverages …
We study how firms shape workers' adaptation to climate risk. Using real-time GPS and driver-monitoring data on 10,000 truck drivers over 15 months, we show that exposure to …
This paper investigates the potential cost of natural gas expansion when electrification is a long-term goal. I provide empirical evidence that natural gas expansion shifts …