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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

KB Financial leads S. Korea's major banking groups in surpassing Q3 earnings expectations

KB Financial Group recorded 1.16 trillion won in net profit, up 24.1 percent on-year, to lead South Koreas major banking groups that were bolstered by nonbanking businesses in posting better-than-expected third-quarter...

Mercedes-Benz to increase stake in Aston Martin up to 20%

Mercedes-Benz will increase its stake in British carmaker Aston Martin years from 2.6 percent to as much as 20 percent over the next three, in exchange for technologies and components of its hybrid and electric...

Spain to increase taxes on big firms, use $31.8 billion in European grants

The Spanish government will increase taxes on big corporations and the wealthy and use $31.8 billion in European grants in efforts to reverse its economic slump. There were talks on using all $164 billion that the EU...

S. Korea eyes nuclear power plants in UK, as two countries agree to cooperate after Brexit

Industry Minister Sung Yun-mo expressed hope for South Korea to participate in construction projects for British nuclear power plants in his meeting with Alok Sharma, UKs secretary of state for business, energy, and...

Financial support for Jeju Air to be discussed

South Koreas Key Industry Stabilization Fund is slated to hold a meeting to discuss whether to provide financial support to Jeju Air, the countrys top low-cost carrier. The Export-Import Bank of Korea, Jeju Airs main...

Politics

Joe Biden will form task force to reunite 545 children separated from families at southern border, says campaign

Joe Biden maintains a sizable lead against Donald Trump in the polls and the Democratic candidate is making the most out of the final days of the campaign. The Biden campaign recently announced that the former vice...

Barack Obama blasts Donald Trump for complaining about media coverage

Former President Barack Obama is currently on the campaign trail for his former colleague Joe Biden who is running for the presidency against Donald Trump. Having been among the more outspoken critics of Trump, Obamas...

Melania Trump revelation: Ex-boyfriend says FLOTUS has always been very beautiful and fashionable

First lady Melania Trumps life before meeting her would-be husband Donald Trump is much of a mystery even with the several books about the first lady. In an unearthed interview in 2016, The first ladys ex-boyfriend shared...

Donald Trump revelation: Jared Kushner reveals how POTUS prioritized political goals over science in new recordings

Some recorded conversations by journalist Bob Woodward with Donald Trump have been released to the public revealing his deliberate choice to downplay the COVID-19 pandemic. Now, newly released recordings reveal Trumps...

Science

NASA releases a playlist of space sounds for Halloween

Even with the ongoing pandemic, many are still opting to celebrate the spooky holiday of Halloween this year. As a treat to many space enthusiasts and in time for the upcoming hallowed weekend, NASA has released a playlist...

NASA discovery: Molecule found on Titan's atmosphere may be building block of life on icy moon

One of the goals space agencies like NASA have is to search the universe for proof of life existing outside our planet. The agency recently made a discovery found in one of Saturns moons, Titan, which suggests that there...

Asteroid warning: New study finds asteroid Apophis may hit Earth in 2068

Space agencies such as NASA are closely keeping tabs on what happens outside of Earth such as asteroids that could be making their way towards our planet. A new study has found that one particular asteroid, Apophis, can...

NASA news: Russia claims to have discovered water on the Moon 50 years before US agency

This week, NASA announced the presence of water on the Moon, becoming a big breakthrough for future exploration. However, Russia has claimed that it had already found the presence of water on the lunar surface decades...

Technology

‘Marvel’s Spider-Man: Miles Morales’ leaks may have revealed the ‘Gift Suit’, teases smooth animation

The biggest first-party launch title for PlayStation 5 will be Marvels Spider-Man: Miles Morales, and shortly before its release a short gameplay video leaks online showing the titular character swinging across New York...

‘Call of Duty: Black Ops Cold War’ PC system requirements unveiled ahead of November launch

The countdown to the release of Call of Duty: Black Ops Cold War is winding down. As usual, PC gamers have a few more details to keep in mind in preparation for the titles arrival. The good news is the official system...

Square Enix announces ‘Final Fantasy 16’ details about Valisthea world and 6 realms

Fans now know more about the world of Valisthea that they will be exploring in Final Fantasy 16. Square Enix also revealed some details about other elements significant to the plot, such as the six factions ruling across...

‘Cyberpunk 2077’ dev is ‘not comfortable, but confident’ about December 10 launch

When CD Projekt Red announced Cyberpunk 2077 has gone gold earlier this month, it can be said that every fan waiting for the RPG has let out a sigh of relief thinking there will not be more delays. The excitement turned to...

‘Far Cry 6’ is delayed and won’t be released before April 2021

The list of AAA video games that have been delayed is getting longer as Ubisoft adds Far Cry 6 to it. Now, its new release date will not take place anytime before April 2021. Far Cry 6 release date suffers delay;...
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