Faculty Directory

Biography

Dr. Jared Carbone joined Mines in 2014 as an associate professor in EB. His research and teaching focus on environmental policy and its interactions with energy and natural resource use in the economy.

Carbone teaches undergraduate and graduate courses in environmental economics and graduate courses in computational methods and microeconomic theory as part of the Mineral and Energy Economics (MEE) degree programs. PhD students he has advised in recent years have gone on to careers as research analysts at the National Laboratory of the Rockies (NLR), the US Environmental Protection Agency and national research institutes in Japan and South Korea.

Much of his research deals with the design of pollution regulation and the use of economy-wide (general equilibrium) analysis to understand its full economic impacts. He has made important contributions to our understanding of how global markets for energy and resource commodities are likely to respond to the unilateral efforts of individual nations to control greenhouse gas emissions (the main driver of anthropogenic climate change). He has also written about how the health and productivity impacts of air pollution affect the economy. More recently, he has turned to the study of how climate change and drought are likely to influence regional populations and economies across the United States.

Currently he is working with NLR to develop a new model for economy-wide analysis of energy policies. It will be used by researchers on the staff at NLR but also offered as open-source software that can be used by energy analysts anywhere in the world. It’s different from existing models because it can be easily linked to all of the detailed engineering models of energy systems that NLR maintains.

Professor Carbone is a member of a special panel of the Science Advisory Board at the US Environmental Protection Agency. It establishes best practices for using economy-wide simulation models to study the economic impacts of new environmental regulations, so it will likely have an important impact on the way modelers at the EPA (and elsewhere) use economy-wide models in this area of research and policymaking.

Carbone served as director of the MEE program for the past two years. He is a scientific advisor and advisory board member to various groups at NLR with the aim of fostering research collaboration and the integration of lab activities into student experiences at Mines.

Prior to joining Mines, Dr. Carbone held faculty positions at Williams College and the University of Calgary.

Education

• PhD, Economics, University of Colorado Boulder, 2003
• MA, Economics, University of Colorado Boulder, 2001
• BA, Mathematics-Economics, Wesleyan University, 1997

Research

• Environmental economics
• Climate change
• General equilibrium modelling

Publications

• Carbone, Jared C. Linda T. Bui, Don Fullerton, Sergey Paltsev, and Ian Sue Wing. 2022. “When and How to Use Economy-Wide Models for Environmental Policy Analysis.” Annual Review of Resource Economics 14, no. 1.
• Carbone, Jared C., Sul-Ki Lee, and Yuzhou Shen. 2021. “US household preferences for climate amenities: Demographic analysis and robustness testing.” Climate Change Economics 12, no. 1: 2050016.
• Carbone, Jared C., Nicholas Rivers, Akio Yamazaki and Hidemichi Yonezawa. 2020. “Comparing applied general equilibrium and econometric estimates of the effect of an environmental policy shock.” Journal of the Association of Environmental and Resource Economists 7, no. 4:687-719. [Honorable mention, JAERE paper of the year award, 2020.]
• Carbone, Jared C. and Yuzhou Shen. 2020. “Assessing the Benefits of Air-Quality Improvements in General Equilibrium: A Review.” International Review of Environmental and Resource Economics 14, no. 1: 1-36.
• Böhringer, Christoph, Jared C. Carbone and Thomas F. Rutherford. 2018. “Embodied Carbon Tariffs.”. Scandinavian Journal of Economics 120, no. 1: 183-210. [Previous version appears as NBER Working Paper No. 17376.]
• Carbone, Jared C., and Nicholas Rivers. 2017. “The Impacts of Unilateral Climate Policy on Competitiveness: Evidence From Computable General Equilibrium Models.” Review of Environmental Economics and Policy 11, no. 1: 24-42.

Google Scholar

Affiliations

• Scientific advisor to the Scalable Linked Integrated Dynamic Equilibrium Model (SLiDE) project at the National Renewable Energy Laboratory.
• Interdisciplinary collaboration on the economic and hydrologic impacts of drought funded by the National Science Foundation.
• Long-term project on the effects of climate change on human migration/population in the US funded by the US Department of Energy through the IM3 project at the Pacific Northwest National Laboratory.
• Member of the program committee for the Joint Institute for Strategic Energy Analyisis in the National Center for Renewable Energy.
• Member of the steering committee for the new Rocky Mountain Research Data Center at the University of Colorado, Boulder.
• Member of the editorial council for the Journal of the Association of Environmental and Resource Economists.

Additional Information

Courses Recently Taught

• EBGN 645, Computational Economics
• EBGN 521, Microeconomics and Mineral and Energy Markets
• EBGN 470/570, Environmental Economics
• EBGN 310, Environmental and Resource Economics