Matthew J. Kotchen is professor of economics at Yale University, with a primary appointment in the Yale School of the Environment and secondary appointments in the Yale School of Management and the Department of Economics. Tatyana Deryugina is associate professor of finance at the University of Illinois at Urbana-Champaign. Catherine D. Wolfram is the William F. Pounds Professor of Energy Economics at MIT Sloan School of Management. All three are research associates of the National Bureau of Economic Research.

• IntroductionMatthew J. Kotchen, Tatyana Deryugina, and Catherine D. Wolfram  Innovation Market Failures and the Design of New Climate Policy InstrumentsSarah Armitage, Noël Bakhtian, and Adam Jaffe  The Shadow Price of Capital: Accounting for Capital Displacement in Benefit-Cost AnalysisRichard G. Newell, William A. Pizer, and Brian C. Prest  Environmental Justice and the Clean Water Act: Implications for Economic Analyses of Clean Water RegulationsTihitina Andarge, Yongjie Ji, Bonnie L. Keeler, David A. Keiser, and Conor McKenzie  Workers and the Green-Energy Transition: Evidence from 300 Million Job TransitionsE. Mark Curtis, Layla O’Kane, and R. Jisung Park  The Economic Determinants of Heat Pump AdoptionLucas W. Davis  Do Red States Have a Comparative Advantage in Generating Green Power?Robert Huang and Matthew E. Kahn

Matthew J. Kotchen is professor of economics at Yale University, with a primary appointment in the Yale School of the Environment and secondary appointments in the Yale School of Management and the Department of Economics. Tatyana Deryugina is associate professor of finance at the University of Illinois at Urbana-Champaign. Catherine D. Wolfram is the William F. Pounds Professor of Energy Economics at MIT Sloan School of Management. All three are research associates of the National Bureau of Economic Research.

• IntroductionMatthew J. Kotchen, Tatyana Deryugina, and Catherine D. Wolfram  Innovation Market Failures and the Design of New Climate Policy InstrumentsSarah Armitage, Noël Bakhtian, and Adam Jaffe  The Shadow Price of Capital: Accounting for Capital Displacement in Benefit-Cost AnalysisRichard G. Newell, William A. Pizer, and Brian C. Prest  Environmental Justice and the Clean Water Act: Implications for Economic Analyses of Clean Water RegulationsTihitina Andarge, Yongjie Ji, Bonnie L. Keeler, David A. Keiser, and Conor McKenzie  Workers and the Green-Energy Transition: Evidence from 300 Million Job TransitionsE. Mark Curtis, Layla O’Kane, and R. Jisung Park  The Economic Determinants of Heat Pump AdoptionLucas W. Davis  Do Red States Have a Comparative Advantage in Generating Green Power?Robert Huang and Matthew E. Kahn

Matthew J. Kotchen is professor of economics at Yale University, with a primary appointment in the Yale School of the Environment and secondary appointments in the Yale School of Management and the Department of Economics. Tatyana Deryugina is associate professor of finance at the University of Illinois at Urbana-Champaign. Catherine D. Wolfram is the William F. Pounds Professor of Energy Economics at MIT Sloan School of Management. All three are research associates of the National Bureau of Economic Research.

• IntroductionMatthew J. Kotchen, Tatyana Deryugina, and Catherine D. Wolfram  Innovation Market Failures and the Design of New Climate Policy InstrumentsSarah Armitage, Noël Bakhtian, and Adam Jaffe  The Shadow Price of Capital: Accounting for Capital Displacement in Benefit-Cost AnalysisRichard G. Newell, William A. Pizer, and Brian C. Prest  Environmental Justice and the Clean Water Act: Implications for Economic Analyses of Clean Water RegulationsTihitina Andarge, Yongjie Ji, Bonnie L. Keeler, David A. Keiser, and Conor McKenzie  Workers and the Green-Energy Transition: Evidence from 300 Million Job TransitionsE. Mark Curtis, Layla O’Kane, and R. Jisung Park  The Economic Determinants of Heat Pump AdoptionLucas W. Davis  Do Red States Have a Comparative Advantage in Generating Green Power?Robert Huang and Matthew E. Kahn