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Grad Student Thor Larson Presents at Toronto Meeting on the Economics of Climate Change
The Canadian Studies Program was pleased to sponsor economics PhD candidate Thor Larson to present at the Toronto Meeting on the Economics of Climate Change (TMEC), which took place from June 24-26. Hosted by the University of Toronto, the workshop provides a forum for leading researchers in the field to discuss their work.
Thor is an applied microeconomist with a background in energy and environmental economics and industrial organization. His research focuses on the design of energy markets with a special emphasis on innovation and the clean energy transition.
Thor presented his dissertation research on the California-Quebec cap-and-trade program. California and Quebec linked their cap-and-trade programs in 2015, in a major example of environmental policy coordination across international borders. Thor’s research examines where this program has succeeded and where it can still be improved. While the coordinated environmental policy has produced many benefits, the way California and Quebec implemented the agreement inadvertently increased greenhouse gas emissions. His work shows that better coordination could have avoided this emissions increase, preserved the many gains from international collaboration, and increased global welfare by over $330 million annually.
Thor is an affiliate of Berkeley’s Energy Institute and the first economist at Berkeley to earn a Designated Emphasis in Energy Science and Technology alongside his PhD. He graduated magna cum laude from Harvard College with a BA in Applied Mathematics and Chemistry in 2021.
Thor was not the only representative from Berkeley to present at TMEC. Both of the conference’s keynote speeches were given by UC Berkeley affiliates: one by agricultural economist and Chancellor’s Associate Professor Joseph S. Shapiro, and the other by Solomon Hsiang, a former Berkeley faculty member who now teaches at Stanford. |