The University of Chicago

Adam Looney

  • Paying Too Much for Energy? The True Costs of Our Energy Choices

    Paying Too Much for Energy? The True Costs of Our Energy Choices

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    Laura Bergedieck

    With less than five percent of the world’s population, the United States consumes about one-fifth (21 percent) of the world’s energy. In a working paper for The Hamilton Project published in 2012, Greenstone and Looney find that the true social cost (private costs on energy bills plus external costs) of energy…