Frank A. Wolak is the Holbrook Working Professor of Commodity Price Studies in the Department of Economics and the Director of the Program on Energy and Sustainable Development at Stanford University. His research and teaching focuses on design, performance, and monitoring of energy and environmental markets. He served as Chair of the Market Surveillance Committee (MSC) of the California Independent System Operator and was a member of the Emissions Market Advisory Committee (EMAC) for California’s Market for Greenhouse Gas Emissions allowances.
A Fragmented Public: 36% Supporters, 33% Conditionals, 21% Opposers The European Union Emissions Trading System (EU ETS) is the EU’s…
The European Council and the Parliament provisionally agreed on the climate targets for 2040.[I] To achieve the continent’s objective of…
On 10 December 2025, the European Commission published its much-anticipated European Grids Package. Besides a Communication and an impact assessment for the legislative proposals, the package consists of the following…
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