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RFF Fellow Yusuke Kuwayama’s research focuses on the economics of environmental regulation, with an emphasis on water resources and ecosystems. His work seeks to understand how the interaction between economic and natural systems affects the efficiency of policy instruments to regulate environmental externalities. Carol Lloyd is vice president of engineering at ExxonMobil Upstream Research, where she leads the corporation’s worldwide engineering research function and the application of differentiating and proprietary technology in support of ExxonMobil’s global upstream operations. She chairs the Arctic Research Coordinating Subcommittee of the National Petroleum Council.

Lloyd Katrina McLaughlin is a research assistant at RFF.


Karen Palmer is an RFF research director and senior fellow. She specializes in the economics of environmental and public utility regulation, particularly on issues at the intersection of air quality regulation and the electricity sector. Her work seeks to improve the design of incentive-based environmental regulations that influence the electric utility sector. Anthony Paul is a center fellow at RFF’s Center for Energy and Climate Economics. His research focuses on the power sector in the United States and related issues of regulation, economics, and the environment. He is the lead developer of the RFF Haiku Electricity Market Model.


RFF University Fellow William A. Pizer is a professor at the Sanford School of Public Policy and a faculty fellow at the Nicholas Institute for Environmental Policy Solutions at Duke University. His current research examines public policies to promote clean energy, the competitiveness effects of climate policy, and the design of market-based environmental policies. From 2008 until 2011, he was deputy assistant secretary for environment and energy at the US Department of the Treasury.

Pizer Nathan Richardson is an assistant professor at the University of South Carolina School of Law and an RFF visiting fellow. A lawyer by training, he focuses his research on energy and climate policy, particularly regulatory tools available under US law. He has examined environmental liability, environmental federalism, and the relationship among law, regulatory institutions, and policy design. Richardson 4

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Resources 189