Aldy

Joseph Aldy

Affiliations
Associate Professor of Public Policy, Harvard University
Areas of Expertise:
  • Climate Change
  • Energy
  • Environment

About Joseph

Aldy is a Visiting Fellow at Resources for the Future, a Faculty Research Fellow at the National Bureau of Economic Research, a Senior Adviser at the Center for Strategic and International Studies, and the Faculty Chair of the HKS Regulatory Policy Program. Aldy’s research focuses on climate change policy, energy policy, and mortality risk valuation. In 2009-2010, Aldy served as the Special Assistant to the President for Energy and Environment, reporting through both the National Economic Council and the Office of Energy and Climate Change at the White House. Aldy was a Fellow at Resources for the Future from 2005 to 2008 and served on the staff of the President’s Council of Economic Advisers from 1997 to 2000. He also served as the Co-Director of the Harvard Project on International Climate Agreements, Co-Director of the International Energy Workshop, and Treasurer for the Association of Environmental and Resource Economists before joining the Obama Administration. 

Podcast

Publications

"Long-Term Carbon Policy: The Great Swap," Progressive Policy Institute, 2016.

Proposes a climate change deal that could abet tax and regulatory reform by swapping a market-based carbon tax for sectoral regulatory policies. 

"Mobilizing Political Action on Behalf of Future Generations" Future of Children 26, no. 1 (2016): 157-158.

Analyzes durable, successful public policies in U.S. history whose costs and benefits accrued to different groups – the 1935 Social Security Act, the 1956 Interstate Highway Act, and the 1970 Clean Air Act Amendments – and draws lessons for climate policy.

"Economic Tools to Promote Transparency and Comparability in the Paris Agreement" (with William Pizer, Massimo Tavoni, Lara Aleluia Reis, Keigo Akimoto, Geoggrey Blanford, Carlo Carroro, Leon E. Clarke, James Edmonds, Gokul C. Iyer, Haewon C. McJeon, Richard Richels, Steven Rose, and Fuminori Sano). Nature Climate Change 6, no. 11 (2016): 1000-1104.

Uses four integrated assessment models to evaluate and compare mitigation effort among major economies under the UN Paris Agreement. Uses four integrated assessment models to evaluate and compare mitigation effort among major economies under the UN Paris Agreement. 

"Designing and Updating a U.S. Carbon Tax in an Uncertain World," Resources for the Future, 2017.

Proposes a carbon tax policy that accounts for new scientific, economic, and political information can both send necessary price signals to reduce US carbon dioxide emissions and leverage meaningful mitigation efforts by other countries. 

In the News

Guest to discuss elimination of fossil fuel subsidies on Living on Earth, Public Radio International, Joseph Aldy, May 10, 2013.
"Why the Job Market Actually Improved after the BP Oil Spill," Joseph Aldy, Interview with Jim Tankersley, The Washington Post, August 22, 2014.
"Subsidies in the Wrong Places Skew Renewable Energy’s Power," Joseph Aldy, New York Times, May 3, 2016.
Joseph Aldy quoted on the negligible impact of the elimination of subsidies on U.S. oil and gas production in Brendan L. Smith, "The Burning Debate Over" The Washington Diplomat, September 1, 2016.
"What Trump Misses about Regulations: They Produce Benefits as Well as Costs," Joseph Aldy, The Conversation, February 5, 2017.