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Lucas Davis

Lucas Davis

Associate Professor, University of California, Berkeley

Lucas Davis is an Associate Professor at the Haas School of Business and Faculty Director at the Energy Institute at Haas. Prior to joining Haas in 2009, he was an Assistant Professor of Economics at the University of Michigan. His research focuses on energy and environmental markets, and in particular, on electricity and natural gas regulation, pricing in competitive and non-competitive markets, and the economic and business impacts of environmental policy. His work appears in leading academic journals including the American Economic Review, the RAND Journal of Economics, and the Journal of Political Economy.

Policy uncertainty discourages innovation and hurts the environment

Dec 30, 2016 08:01 am UTC| Insights & Views Law Politics

Large-scale changes are anticipated for U.S. environmental policies heading into 2017. The new administration has promised a comprehensive review of all federal regulations, which include policies aimed at carbon dioxide...

Oil in Global Economy Series

Addicted to oil: US gasoline consumption is higher than ever

Sep 26, 2016 07:02 am UTC| Insights & Views

August was the biggest month ever for U.S. gasoline consumption. Americans used a staggering 9.7 million barrels per day. Thats more than a gallon per day for every U.S. man, woman and child. The new peak comes as a...

Future of Coal Series

King Coal is dethroned in the US – and that's good news for the environment

Sep 23, 2016 08:08 am UTC| Insights & Views

This is the worst year in decades for U.S. coal. During the first six months of 2016, U.S. coal production was down a staggering 28 percent compared to 2015, and down 33 percent compared to 2014. For the first time ever,...

The global impact of air conditioning: big and getting bigger

Jul 25, 2016 06:31 am UTC| Nature

With a heat wave pushing the heat index well above 100 degrees Fahrenheit (38 Celsius) through much of the U.S., most of us are happy to stay indoors and crank the air conditioning. And if you think its hot here, try 124F...

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Economy

The country's economy already struggled before it had to deal with the outbreak.

Indias economy would plummet for the fiscal year of 2020-2021 despite a rebound in activity in the coming months, says the head of Indias central bank Shaktikanta Das. He gave his projection while announcing a slew of...

However, overall exports dipped 1.4 percent in the first quarter.

South Koreas exports of eight new-industry goods in the first-quarter jumped 17 percent from the previous year to $21 billion despite a drop in overall exports. The goods include aviation products and drones, biohealth...

The rise in inequality is attributed to the shrinking wages of low-income households, and a cut down in temporary positions

The income disparity between the top 20 percent and bottom 20 percent of households widened with many of the countrys low-paying jobs being slashed due to the COVID-19 pandemic. The average monthly income of households...

The Senators urged the US to counter such predatory economic behavior urgently.

Seven US senators have urged Treasury Secretary Steven Mnuchin to prevent Chinese companies from buying strategic US assets that have been devalued by the coronavirus pandemic. The lawmakers said in a letter to Mnuchin...

The steel industry has been hit hard by the pandemic with exports plunging 24.1 percent

South Korea will cushion the steel industrys fallout caused by weak demand by fast-tracking infrastructure projects and spending over 400 billion won on research and development. According to Industry Minister Sung...

Politics

Jeff Sessions responds to Donald Trump's latest attack on Twitter about his recusal from Russia probe

The 2016 elections came out as controversial due to the belief that Russia had interfered and secured Donald Trump to win the presidency. Former DOJ attorney general Jeff Sessions responds to Trumps latest Twitter attack...

Melania Trump addresses 2020 graduates at the White House

First Lady Melania Trump has constantly reached out to Americans in the midst of the coronavirus pandemic that continues to rage on in the country. The First Lady gave a special shoutout to all the graduates of 2020 during...

US President Donald Trump under fire for playing golf amidst coronavirus deaths approach 100,000

The coronavirus pandemic in the United States has seen over 1.6 million cases with the death toll approaching 100,000. Despite the rising numbers, many Americans were outraged as President Donald Trump was seen playing...

Ivanka Trump criticized for ‘insensitive’ on comment Indian teenager who carried her father for 1,200 km on a bicycle

President Donald Trumps daughter and senior White House adviser Ivanka Trump praised a 15-year-old Indian girls journey of more than a thousand kilometers while carrying her father at the back of her bicycle to seek...

Science

Archaeologists discover mammoth graveyard under airport in Mexico

The most surprising discoveries could be found in the most unlikely places such as an airport. Archaeologists came across a major discovery when they unearthed a mammoth graveyard underneath an airport. A group of...

NASA: Agency to unveil space virus prevention measures through Artemis Accords

Although scientists and space enthusiasts are aware of what is mostly out in space, it remains a mystery as to whether or not bits and pieces from other planets or space objects would be harmful to humans when on Earth....

Aztec temple discovered by workers in 1978 changed Mexican history

Even in history, there are findings that can change how a person views the past or what could have happened in the past. The same could be said for many Mexicans, following a discovery back in 1978 that changed their...

Secret underground rooms found under Western wall in Jerusalem

Discoveries made in Israel usually tend to provide a glimpse back into what may have happened thousands of years ago. A group of archaeologists in Israel discovered secret rooms hidden underneath the western wall in...

Technology

AirPods Studio with high-tech play/pause detection system reportedly entered production already

Much of the information from the Apple supply chain about AirPods recently is not about the third generation or the next AirPods Pro. Reports have been focused on an all-new production being dubbed as AirPods Studio, and...

iPhone 12 would not ship with free wired EarPods

The Whats in the Box corner for the iPhone 12 production page later on Apples official website is expected to look a little different later this year. A well-known industry insider reported that the tech giant is planning...

iPhone SE Plus: Is it the official name for the third iPhone SE iteration slated for a 2021 launch?

Some Apple fans were a little hesitant about immediately ordering the new iPhone SE when it launched last month. They were hoping that it would soon be followed by the unveiling of the iPhone SE Plus, however, it looks...

Tesla Cybertruck’s size can’t be scaled down, Elon Musk confirms

People who have pre-ordered the Cybertruck should no longer expect its dimensions to get any smaller once it enters production. Tesla CEO Elon Musk settles it and confirms they can no longer make the electric pickup...
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