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Lower Emissions, Competitive Prices: Do Renewable Policies Deliver?

April 24 @ 5:30 pm - 7:00 pm


Featuring: Michael Greenstone, director of EPIC and Milton Friedman Distinguished Service Professor in Economics; Melanie Kenderdine, a principal at Energy Futures Initiative and former director of the U.S. Department of Energy (DOE) Office of Energy Policy and Systems Analysis; and McKie Campbell, managing partner of BlueWater Strategies LLC and former staff director of the U.S. Senate Energy and Natural Resources Committee. Moderated by: Amy Harder, energy reporter at Axios.

In the absence of a comprehensive, national climate policy, many state governments have implemented their own policies aimed at reducing emissions within their borders. Renewable portfolio standards (or RPS) are perhaps the best-known of these policies, requiring that a certain minimum percentage of a state’s electricity come from solar, wind, and other renewable sources. Advocates argue that such standards can reduce carbon emissions and offer consumers more choice. But there have been long-standing questions about the precise impact of these policies on electricity rates and their overall efficiency as a climate policy. Do portfolio standards increase electricity rates? By how much, and through what means? And how cost-effective are they as an emissions reduction strategy?

Join EPIC and our panel of experts as we announce new, cutting-edge research that sheds light on these and other questions and discuss the economic and climate impacts of renewable portfolio standards.

This event is part of EPIC’s Energy Inquiry & Impact Series, designed to explore the latest energy data coming out of the University of Chicago and their impacts on policy discussions. Cutting-edge findings will serve as the launching pad to frame these deep-dive conversations, as researchers and EPIC policy fellows navigate ways to translate research into solutions.


Energy Policy Institute at University of Chicago


Saieh Hall for Economics
5757 S. University Ave.
Chicago, IL 60637 United States
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