Subsidies for Clean Cookstoves Abate Carbon at $7 per Ton

Stock image of the bottom of a pot on a cook stove

(Outlet: Kleinman Center for Energy Policy) How effective are improved cookstoves subsidies? Using a randomized trial in Nairobi that accounts for additionality and impact, we estimate a cost of $7 per ton of CO₂e, making them more effective than nearly all other climate subsidies. Each dollar of cookstove subsidy abates approximately 200 times more CO₂e than a dollar of electric vehicle subsidy.Read More

How markets can help society adapt to climate change

Headshot of Jisung Park

(Outlet: Penn Social Policy & Practice) When carefully designed and supported by thoughtful public policy, markets can play a meaningful role in helping communities effectively and efficiently manage the risks of climate change, according to a new article coauthored by Dr. R. Jisung Park. Dr. Park is an assistant professor at Penn’s School of Social Policy & Practice (SP2) with a secondary appointment at the Wharton School.Read More