The Economics of Decarbonizing Industrial Production
Organized by Lint Barrage and Kenneth Gillingham
Supported by the Alfred P. Sloan Foundation
September 11-12, 2025
Royal Sonesta Hotel, 40 Edwin H Land Blvd., Cambridge, MA
Thursday, September 11
1:00pm

Deep Industrial Decarbonization: Theory and Evidence from South Korea

Costas Arkolakis, Yale University and NBER
Cheolhwan Kim, Yale University
Emmanuel Murray Leclair, University of Melbourne
2:00pm

Complementary Inputs and Industrial Development: Can Lower Electricity Prices Improve Energy Efficiency?

Gregor Singer, London School of Economics and Political Science (LSE)
3:00pm
Break
3:15pm

Carbon Taxes and Subsidies with Electrification

Neil Mehrotra, Federal Reserve Bank of Minneapolis
3:55pm

Tax-Subsidized Green Bonds and their Real Effects

Lisa Knauer, Erasmus University Rotterdam
4:35pm
Break
4:45pm

Carbon Pricing and Investment (slides)

James R. Brown, Texas A&M University
Gustav Martinsson, Stockholm University
Per Stromberg, Stockholm School of Economics
Christian Thomann, Stockholm School of Economics
5:45pm
Adjourn
6:30pm
Reception and Dinner, Somerset Room, Royal Sonesta Hotel
Friday, September 12
8:00am
Breakfast
8:30am

Climate Treaties, Lock-In, and Increasing Returns

Scott Barrett, Columbia University
9:30am

Reducing Emissions and Air Pollution from Informal Brick Kilns: Evidence from Bangladesh

Nina R. Brooks, University of Michigan
Debashish Biswas, Environmental Health and WASH, International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b)
Sameer Maithel, Greentech Knowledge Solutions
Grant Miller, Stanford University and NBER
Aprajit Mahajan, University of California, Berkeley and NBER
M. Rofi Uddin, Environmental Health and WASH, International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b)
Shoeb Ahmed, Bangladesh University of Engineering and Technology (BUET),
Moogdho Mazhab, Stanford University
Mahbubur Rahman, Environmental Health and WASH, International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b), Dhaka, Bangladesh
Stephen P. Luby, Stanford University
10:30am
Break
11:00am

The Great Dispersion in Energy Productivity Across Firms (slides)

Josh De Lyon, Organisation for Economic Co-operation and Development (OECD)
Antoine Dechezleprêtre, Organisation for Economic Co-operation and Development (OECD)
11:40am

Clean Technical Change and Factor Substitution under Carbon Pricing

R. Andrew Butters, Kelley School of Business, Indiana University
Jackson Dorsey, University of Texas at Austin
Ivan Rudik, Cornell University and NBER
12:20pm
Lunch
Speaker: Carla Frisch, former Director of the Office of Policy at U.S. Department of Energy
1:40pm

Spillovers and the Direction of Innovation: An Application to the Clean Energy Transition

Eric Donald, University of Pittsburgh
2:40pm

The Clean Transition in a Network Economy

Shane Mahen, University of Cambridge
3:40pm
Adjourn