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Jan 9, 2025 | 
science.org | Harrison J. Ostridge |Arindam Ghosh |Anqi Wei |John Bistline
Information & AuthorsInformationPublished In ScienceVolume 387 | Issue 673010 January 2025CopyrightCopyright © 2025 The Authors, some rights reserved; exclusive licensee American Association for the Advancement of Science. No claim to original U.S. Government Works. Article versionsSubmission historyPublished in print: 10 January 2025PermissionsRequest permissions for this article.
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Feb 26, 2024 | 
brookings.edu | John Bistline |Kimberly Clausing |Neil Mehrotra |James Stock
Because much of U.S. climate policy currently operates through the tax code, 2025 could prove to be a crucial year for U.S. climate policy choices: At the end of 2025, a large number of Tax Cuts and Jobs Act (TCJA) provisions are scheduled to expire. Policymakers across the political spectrum have expressed support for extending at least some of the expiring tax cuts and a desire to put new tax policy ideas on the negotiation table.
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Feb 23, 2024 | 
nber.org | John Bistline |Kimberly Clausing |Neil Mehrotra |James Stock
We are grateful to Joseph Aldy, Adrian Bilal, Tatyana Deryugina, Matthew Kotchen, and Robert Stavins for helpful suggestions. All remaining errors are our own. The views expressed in this paper are those of the authors and do not represent the Federal Reserve System, the Federal Reserve Bank of Minneapolis, or the National Bureau of Economic Research. Related
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Sep 14, 2023 | 
nature.com | Todd P. Levin |John Bistline |Ramteen Sioshansi |Wesley Cole |Scott P. Burger |Rebecca O’Neil | +3 more
AbstractTo meet ambitious global decarbonization goals, electricity system planning and operations will change fundamentally. With increasing reliance on variable renewable energy resources, energy storage is likely to play a critical accompanying role to help balance generation and consumption patterns.
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Jun 29, 2023 | 
science.org | Ian A. Hatton |Tiffany C. Vance |Sarah Moraïs |John Bistline
Information & AuthorsInformationPublished In ScienceVolume 380 | Issue 665230 June 2023CopyrightCopyright © 2023 The Authors, some rights reserved; exclusive licensee American Association for the Advancement of Science. No claim to original U.S. Government Works. Article versionsSubmission historyPublished in print: 30 June 2023PermissionsRequest permissions for this article.
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May 18, 2023 | 
nber.org | John Bistline |Neil Mehrotra |Catherine Wolfram
Skip to main content This paper was prepared for the Brookings Papers on Economic Activity (BPEA), Spring 2023. Neil Mehrotra served as the Deputy Assistant Secretary for Macroeconomic Analysis at U.S. Treasury and Catherine Wolfram served as the Deputy Assistant Secretary for Climate and Energy Economics at U.S. Treasury. We are grateful to Curtis Carlson, Jason Furman, Ken Gillingham, Arik Levinson, and Jim Stock for helpful suggestions.
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May 2, 2023 | 
mothernature.news | John Bistline |Neil Mehrotra |Catherine Wolfram
By John Bistline, Neil R. Mehrotra, Catherine WolframLast August, Congress enacted a significant piece of climate legislation, the Inflation Reduction Act (IRA). The IRA is vast and the climate issues it confronts are massive, reorienting the way the U.S. and global economies consume and produce energy. This is a mammoth task – and several initial estimates show that the Act could both lead to significant reductions in greenhouse gas emissions and drive down costs for clean energy technologies.
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May 1, 2023 | 
brookings.edu | John Bistline |Neil Mehrotra |Catherine Wolfram
Last August, Congress enacted a significant piece of climate legislation, the Inflation Reduction Act (IRA). The IRA is vast and the climate issues it confronts are massive, reorienting the way the U.S. and global economies consume and produce energy. This is a mammoth task – and several initial estimates show that the Act could both lead to significant reductions in greenhouse gas emissions and drive down costs for clean energy technologies.
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Mar 30, 2023 | 
mothernature.news | John Bistline |Neil Mehrotra |Catherine Wolfram
By John Bistline, Neil R. Mehrotra, Catherine WolframThe climate provisions of the Inflation Reduction Act (IRA) signed by President Biden in August could dramatically transform the energy sector of the U.S. economy, but the costs and the extent of new investment are highly uncertain, suggests a paper to be discussed at the Brookings Papers on Economic Activity (BPEA) conference on March 30.
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Mar 29, 2023 | 
brookings.edu | John Bistline |Neil Mehrotra |Catherine Wolfram
The climate provisions of the Inflation Reduction Act (IRA) signed by President Biden in August could dramatically transform the energy sector of the U.S. economy, but the costs and the extent of new investment are highly uncertain, suggests a paper discussed at the Brookings Papers on Economic Activity (BPEA) conference on March 30, 2023.
