Energy and Climate Economics
The Energy and Climate Economics area is organized by Maximilian Auffhammer of the University of California, Berkeley. Its goal is to promote cutting-edge research on economic issues related to natural resources, energy markets, climate change and climate policy. Studying and addressing climate change is an issue that combines theoretical and empirical research across subfields in environmental and resource economics. Our interests span a wide range of topics including the design of climate policies and climate agreements, the promotion of renewable energy, the functioning of fossil fuel markets, and natural resource management. Policy intervention in markets is often motivated by climate, air pollution and natural resource scarcity concerns. An important aim of research in this area is to improve our understanding of the implications and unintended consequences of various policies, both for policies that have climate change as their primary concern and policies with other primary objectives.
Market failures have led to the climate crisis and unprecedented degradation of natural resources. Addressing these challenges - while improving welfare across the planet - is at the heart of environmental and resource economics.

Maximilian Auffhammer is the George Pardee Jr. Professor of International Sustainable Development at the University of California Berkeley. He received his B.S. in environmental science from the University of Massachusetts at Amherst in 1996, a M.S. in environmental and resource economics at the same institution in 1998 and a Ph.D. in economics from UC San Diego in 2003. He joined the faculty at UC Berkeley in 2003. His research focuses on environmental and resource economics, energy economics and applied econometrics with a focus on the economic impacts of climate change and air pollution. He is a Research Associate at the National Bureau of Economic Research, a Humboldt Fellow, and a former lead author for the Intergovernmental Panel on Climate Change (IPCC). His research has appeared in The American Economic Review, the Review of Economic Studies, The Review of Economics and Statistics, The Economic Journal, the Proceedings of the National Academies of Sciences, the Journal of Environmental Economics and Management, The Energy Journal and other academic journals. Professor Auffhammer is the recipient of the 2017 Cheit Teaching Award in the Haas School of Business, the 2009 Campus Distinguished Teaching Award, the 2007 Cozzarelli Prize awarded by the National Academies of Sciences, and the 2007 Sarlo Distinguished Mentoring Award. He has been actively involved in environmental policy advising at the state and national level. He has also been a dedicated Bayern Munich fan since 1978.
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Universität PaderbornView Profile -
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ETH ZurichView Profile -
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Toulouse School of EconomicsView Profile -
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University of CopenhagenView Profile -
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University of California, BerkeleyView Profile -
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University of BayreuthView Profile -
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University of BolognaView Profile -
Network member Fellow Professor Geir B. Asheim
University of OsloView Profile -
Network member Fellow Professor Maximilian Auffhammer
University of California, BerkeleyView Profile -
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Rocky Mountain InstituteView Profile -
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Universidad de NavarraView Profile -
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University of OxfordView Profile -
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ETH ZürichView Profile -
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Columbia UniversityView Profile -
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University of BordeauxView Profile -
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University of Illinois at Urbana-ChampaignView Profile -
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Universidad Torcuato Di TellaView Profile -
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McGill UniversityView Profile -
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Helmut-Schmidt-Universität HamburgView Profile -
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Electric Power Research InstituteView Profile -
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Ettore BocconiView Profile -
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ETH ZurichView Profile -
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Norwegian University of Science and TechnologyView Profile -
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University of RegensburgView Profile -
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Climate Policy InitiativeView Profile -
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The London School of Economics and Political ScienceView Profile -
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Carl von Ossietzky Universität OldenburgView Profile -
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McGill UniversityView Profile -
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Georgetown UniversityView Profile -
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Università di BolognaView Profile -
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Georgia State UniversityView Profile -
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Williams CollegeView Profile -
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Tufts UniversityView Profile -
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École d'Économie de ParisView Profile -
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German Federal Ministry for Economic Affairs and Climate ActionView Profile -
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University of ViennaView Profile -
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University of VirginiaView Profile -
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Universitat Pompeu FabraView Profile -
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Aarhus UniversityView Profile -
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University of MarylandView Profile -
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DTU – Technical University of DenmarkView Profile -
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University of Kaiserslautern-LandauView Profile -
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University of Illinois at Urbana-ChampaignView Profile -
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University of East AngliaView Profile -
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London School of Economics and Political ScienceView Profile -
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University of NottinghamView Profile -
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ETH ZürichView Profile -
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The London School of Economics and Political ScienceView Profile -
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KU LeuvenView Profile -
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Universidad Carlos III de MadridView Profile -
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Statistics NorwayView Profile -
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Philipps-Universität MarburgView Profile -
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VU University AmsterdamView Profile -
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Arizona State UniversityView Profile -
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ifo InstitutView Profile -
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University of Illinois at Urbana-ChampaignView Profile -
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University of California, San DiegoView Profile -
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Oslo Metropolitan UniversityView Profile -
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Tilburg UniversityView Profile -
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University of MainzView Profile -
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Yale School of Forestry and Environmental StudiesView Profile -
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Toulouse School of EconomicsView Profile -
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Ragnar Frisch Centre for Economic ResearchView Profile -
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University of Wisconsin-MadisonView Profile -
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Oslo Metropolitan UniversityView Profile -
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Toulouse School of EconomicsView Profile -
Network member Fellow Assoc. Prof. Marc Gronwald
Xi’an Jiaotong-Liverpool UniversityView Profile -
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Collège de FranceView Profile -
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University of St.GallenView Profile -
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Statistics NorwayView Profile -
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Humboldt-Universität zu BerlinView Profile -
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Stanford UniversityView Profile -
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Stockholm UniversityView Profile -
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Columbia Business SchoolView Profile -
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RPTU Kaiserslautern-LandauView Profile -
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University of BaselView Profile -
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University of OsloView Profile -
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Statistics NorwayView Profile -
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University of OsloView Profile -
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Princeton UniversityView Profile -
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The Graduate Institute, Geneva (IHEID)View Profile -
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Colorado State UniversityView Profile -
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Università di BolognaView Profile -
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Potsdam Institute for Climate Impact Research (PIK) e. V.View Profile -
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University of California, BerkeleyView Profile -
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University of ChicagoView Profile -
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University of MiamiView Profile -
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Federal Reserve Bank of DallasView Profile -
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Stanford UniversityView Profile -
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Colorado State UniversityView Profile -
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Ragnar Frisch Centre for Economic ResearchView Profile -
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Deakin UniversityView Profile -
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University of HamburgView Profile -
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Colorado School of MinesView Profile -
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Friedrich-Alexander University Erlangen-Nürnberg (FAU)View Profile -
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Princeton UniversityView Profile -
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Aalto UniversityView Profile -
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University of GuelphView Profile -
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Rice UniversityView Profile -
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RWTH Aachen UniversityView Profile -
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Universität BochumView Profile -
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University of California, San DiegoView Profile -
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Université Montpellier 1View Profile -
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French National Institute for Agricultural Research (INRA)View Profile -
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ifo InstitutView Profile -
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University of WyomingView Profile -
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Georgia Institute of TechnologyView Profile -
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University of NeuchâtelView Profile -
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University of British ColumbiaView Profile -
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Uppsala UniversitetView Profile -
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University of California, Santa BarbaraView Profile -
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University of MiamiView Profile -
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University of WaterlooView Profile -
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University of CalgaryView Profile -
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University of CopenhagenView Profile -
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Cambridge UniversityView Profile -
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Victoria University of WellingtonView Profile -
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NHH Norwegian School of EconomicsView Profile -
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Brock UniversityView Profile -
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École d'Économie de ParisView Profile -
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International Monetary Fund (IMF)View Profile -
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ifo InstitutView Profile -
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University of SiegenView Profile -
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Universität St. GallenView Profile -
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ifo InstitutView Profile -
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MIT Massachusetts Institute of TechnologyView Profile -
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Ecole Polytechnique-CNRSView Profile -
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Syracuse UniversityView Profile -
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KU LeuvenView Profile -
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University of BernView Profile -
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University of California, DavisView Profile -
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University of RostockView Profile -
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Northwestern UniversityView Profile -
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University of MannheimView Profile -
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Universidade Federal do Rio de JaneiroView Profile -
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Vienna University of Economics and BusinessView Profile -
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University of WürzburgView Profile -
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Norwegian University of Life SciencesView Profile -
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Leiden UniversityView Profile -
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Cornell UniversityView Profile -
Network member Fellow Professor Thomas F. Rutherford
University of Wisconsin-MadisonView Profile -
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Technische Universität Bergakademie FreibergView Profile -
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ESSEC Business SchoolView Profile -
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Kobe UniversityView Profile -
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FernUniversität HagenView Profile -
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Energy Brainpool GmbH & Co. KGView Profile -
Network member Fellow Professor Katheline Schubert
École d'Économie de ParisView Profile -
Network member Affiliate Dr Suphi Sen
Wageningen UniversityView Profile -
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Universitat de BarcelonaView Profile -
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University of AucklandView Profile -
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The London School of Economics and Political ScienceView Profile -
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Tilburg UniversityView Profile -
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University of MannheimView Profile -
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Uppsala UniversitetView Profile -
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University of OxfordView Profile -
Network member Fellow Professor Jan Christoph Steckel
Potsdam Institute for Climate Impact Research (PIK)View Profile -
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ETH ZurichView Profile -
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University of GothenburgView Profile -
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Statistics NorwayView Profile -
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University of BernView Profile -
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London School of Economics and Political ScienceView Profile -
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University of CalgaryView Profile -
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University of California, San DiegoView Profile -
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University of SussexView Profile -
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University of OsloView Profile -
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Université catholique de LouvainView Profile -
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Carl von Ossietzky Universität OldenburgView Profile -
Network member Fellow Professor Frank Venmans
London School of Economics and Political ScienceView Profile -
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Université Paris-DauphineView Profile -
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Boston UniversityView Profile -
Network member Fellow Professor Herman R. J. Vollebergh
Tilburg University and PBL Netherlands Environmental Assessment InstituteView Profile -
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Universiteit van AmsterdamView Profile -
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University of British ColumbiaView Profile -
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Columbia UniversityView Profile -
Network member Affiliate Professor Maria Waldinger
Katholische Universität Eichstätt-IngolstadtView Profile -
Network member Fellow Dr Paige Weber
University of California, BerkeleyView Profile -
Network member Affiliate Dr Leonie Wenz
Potsdam-Institute for Climate Impact Research (PIK)View Profile -
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University of BernView Profile -
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VU University AmsterdamView Profile -
Network member Fellow Professor Hendrik Wolff
The London School of Economics and Political ScienceView Profile -
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Allianz SEView Profile -
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Tilburg UniversityView Profile -
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Yale UniversityView Profile -
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University of PennsylvaniaView Profile -
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Utrecht UniversityView Profile -
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VU University AmsterdamView Profile -
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Oxford Centre for the Analysis of Resource Rich Economies (OxCarre)View Profile -
Network member Fellow Dr Edwin van der Werf
PBL Netherlands Environmental Assessment AgencyView Profile -
Network member Affiliate Dr Marie-Theres von Schickfus
ifo InstitutView Profile
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The Distinguished CESifo Affiliate Award, aimed at encouraging talented young scholars, is awarded to the best paper presented by a young author at each of the CESifo Area conferences. Accepted candidates are invited to attend the Area Conference to which they have been nominated and present their paper. An award committee will judge the papers (and presentations) and select a winner. Nominations will be considered for candidates who are either close to completion of the PhD, or who have completed their PhD in the previous five years. The same limit applies to co-authors in the case of papers with multiple authors. The criteria for the award are scientific originality, policy relevance and quality of exposition. The winning paper will appear in the CESifo Working Paper Series.
Year | Distinguished Affiliate(s) | Title of the paper |
2025 | Piero Basaglia | The Spatial Distribution of Pollution Reduction Benefits: Quasi-Experimental Evidence from England |
2024 | Clàudia Serra-Sala | Blowing in the Wind: Revenue Windfalls and Local Responses from Wind Farm Development |
Sebastian Tebbe | Peer Effects in Electric Car Adoption: Evidence from Sweden | |
2023 | Sugandha Srivastav | Bringing Early-Stage Technologies to Market: Evidence from Utility-Scale Solar and Feed-in-Tariffs |
Gregor Singer | Complementary Inputs and Industrial Development: Can Lower Electricity Prices Improve Energy Efficiency? | |
2022 | Frikk Nesje | Cross-Dynastic Intergenerational Altruism |
Katherine R. H. Wagner | Technology Lock-In and Optimal Carbon Pricing | |
2021 | Jonathan Colmer | The Grandkids Aren't Alright: The Intergenerational Effects of Prenatal Pollution Exposure |
Bruno Conte | Climate Change and Migration: The Case of Africa | |
2020 | Dana Kassem | Does Electrification Cause Industrial Development? Grid Expansion and Firm Turnover in Indonesia |
2019 | Paige Weber | Dynamic Responses to Carbon Pricing in the Electricity Sector |
2018 | Stephie Fried | Seawalls and Stilts: A Quantitative Macro Study of Climate Adaptation |
2017 | Raphael Calel | Adopt or Innovate? Deeper Lessons from the European Carbon Market |
2016 | Maria Elisa Belfiori | Carbon Trading, Carbon Taxes and Social Discounting |
2015 | Katinka Kristine Holtsmark | The dynamics of linking permit markets |
2014 | Paolo Giovanni Piacquadio | Fair Intergenerational Utilitarianism: Risk, its Resolution over Time, and Discounting |
2013 | Antony Millner | On Welfare Frameworks and Catastrophic Climate Risks |
2012 | Halvor Briseid Storrøsten | Prices vs. Quantities: Technology Choice, Uncertainty and Welfare |
2012 | Janina C. Ketterer | The Impact of Wind Power Generation on the Electricity Price in Germany |
2010 | Christian P. Traeger | Intertemporal Risk Aversion, Stationarity and Discounting |
CESifo Research Network
CESifo is a global network of more than 2000 members, each of whom is selected for their expertise and extensive experience in the CESifo research areas.