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Images of particles made from a promising battery cathode material called NMC

Energy Markets

Properly functioning markets for electricity, natural gas, oil and pollution allowances are essential for the rational allocation of resources and cost-effective attainment of environmental goals. Several Stanford economists are studying the effectiveness of cap-and-trade markets to reduce carbon dioxide emissions. Other researchers are looking at the market impacts of environmental policies, new shale gas supplies, least-cost integration of intermittent renewable resources and an expanding transmission infrastructure for electricity.