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Jiehong Lou is an assistant research professor at the Center for Global Sustainability (CGS) in the University of Maryland School of Public Policy. Her areas of expertise include: climate finance and carbon finance, energy economics, environmental policy, energy policy, sustainable development, equity and transportation justice. Lou’s research focuses on mobilization of private finance in financing climate action, corporate motivations for carbon project investment, evaluation of co-benefits from climate finance projects, measurement of different types of risks in climate finance and investment needs, behavioral change interventions on energy consumption, and how transportation accessibility imposes disparate impacts on different economic and minority groups. She was recently a postdoctoral fellow with the Maryland Transportation Institute. She holds a PhD in policy sciences with a focus on environmental and energy policy from the University of Maryland; an MA in public policy and an MA in applied economics from the University of Maryland; and a BA in public policy from Tongji University in China. 

Areas of Interest
  • Climate finance and carbon finance; energy economics; environmental policy; energy policy; sustainable development; equity; transportation justice
3 Credit(s)

This course applies the concepts and tools from microeconomics and statistical analysis to energy policy issues. Covered topics include: 1) application of industrial organization to energy economics: oligopoly and oil industry (e.g. oil countries in middle east), natural monopoly and utilities, implications for social welfare and regulations; 2) application of welfare economics to energy economics: tragedy of the commons and extraction of non-renewable energy resources, externalities and Pigouvian tax; 3) behavioral economics and energy consumption: consumer utility maximization problem, risk profile, choice of energy technologies, choice of pricing, inertia, inattention, hyperbolic discounting, loss aversion, and role of policies in influencing behaviors such as information provision and nudges; 4) comparing different policy instruments in terms of cost-effectiveness and welfare impact: such as technology standards, tax, command and control, subsidies, cap and trade. and nudging; 5) empirical analysis applying econometrics and statistical analysis: impact of policies on utility company performance; impact of policies on energy consumption; impact of technology on energy performance using Pecan street and CSI solar data; technology decision analysis using CBECS and RECS data. Permission required.
Schedule of Classes

Faculty: Jiehong Lou
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School Authors: Nathan Hultman, Leon Clarke, Haewon McJeon, Morgan Edwards, Yiyun 'Ryna' Cui, Christina Bowman, Jiehong Lou

Other Authors: Carla Frisch , Kevin Kennedy, Tom Cyrs, Pete Hansel, Paul Bodnar, Michelle Manion , Jessie Lund , Michael I. Westphal, Andrew Clapper , Joel Jaeger , Arijit Sen , Devashree Saha, Wendy Jaglom, Koben Calhoun, Kristin Igusky, James deWeese, Kareem Hammoud, J.C. Altimirano, Margaret Dennis, Chris Henderson, Gill Zwicker, John O'Neill