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Billy Pizer, Susan B. King Professor of Public Policy and Professor of Economics and Environmental Sciences and Policy and Senior Associate Dean for Faculty and Research of Sanford School of Public Policy and Professor of Environmental Science and Policy at Duke Kunshan University and Faculty Network Member of The Energy Initiative and Faculty Fellow of Nicholas Institute for

Billy Pizer

Billy Pizer joined the faculty of the Sanford School of Public Policy at Duke University in the fall of 2011.  He also was appointed a faculty fellow in the Nicholas Institute for Environmental Policy Solutions, a nonpartisan institute at Duke that focuses on finding solutions to some of the nation's most pressing environmental challenges.  His current research examines how public policies to promote clean energy can effectively leverage private sector investments, how environmental regulation and climate policy can affect production costs and competitiveness, and how the design of market-based environmental policies can address the needs of different stakeholders.  

From 2008 to 2011, Pizer was deputy assistant secretary for environment and energy in the U.S. Department of the Treasury, where he created and led a new office responsible for the department’s role in the domestic and international environment and energy agenda of the United States. Prior to that, Pizer was a researcher at Resources for the Future (RFF), a nonpartisan think tank, for more than a decade. He served as senior economist for the environment at the White House Council of Economic Advisers from 2001 to 2002.  

Pizer's academic experience includes visiting professorships at The Johns Hopkins University (1997-1999) and Stanford University (2000-2001). He has published more than thirty peer-reviewed articles and books and holds a PhD and MA in economics from Harvard University and BS in physics from the University of North Carolina at Chapel Hill. (On leave, spring 2016)

Contact Info:
Office Location:  123 Sanford Building, Box 90245, Durham, NC 27708
Office Phone:  (919) 613-9286
Email Address: send me a message
Web Page:


Ph.D. Harvard University1996
MAHarvard University1996
B.S.University of North Carolina at Chapel Hill1990

Public Policy

Carbon • Carbon Dioxide • Climate Change • Cost-Benefit Analysis • Decision Making • Emissions trading • Environment • Environmental economics • Global Warming • Greenhouse gases • Policy Making • Regulation • Socioeconomic Factors • Stochastic Processes • Uncertainty

Curriculum Vitae
Representative Publications   (More Publications)

  1. William A. Pizer and Lee Branstetter, Facing the Climate Change Challenge in a Global Economy, in Globalization in an Age of Crisis, edited by Robert Feenstra and Alan Taylor, eds. (2014), Chicago: University of Chicago Press
  2. Arrow, K; Cropper, M; Gollier, C; Groom, B; Heal, G; Newell, R; Nordhaus, W; Pindyck, R; Pizer, W; Portney, P; Sterner, T; Tol, RSJ; Weitzman, M, Determining benefits and costs for future generations, Science (New York, N.Y.), vol. 341 no. 6144 (January, 2013), pp. 349-350, ISSN 0036-8075 (With Kenneth Arrow, Maureen L. Cropper, Christian Gollier, Ben Croom, Geoffrey M. Heal, Richard G. Newell, Robert S. Pindyck, Paul R. Portney, Thomas Sterner, Richard S. J. Tol and Martin L. Weitzman..) [repository], [doi]  [abs]
  3. William A. Pizer, Carbon Market 15 Years after Kyoto: Lessons Learned, New Challenges, Journal of Economic Perspectives (2013) (With Richard Newell and Daniel Raimi.)
  4. William A. Pizer, Adam M. Finkel, and Christopher Carrigan, eds. , With Joseph Aldy, The Employment and Competitiveness Impacts of Power-Sector Regulations. In Cary Coglianese, in Does Regulation Kill Jobs? (2013), University of Pennsylvania Press
  5. Fell, H; MacKenzie, IA; Pizer, WA, Prices versus quantities versus bankable quantities, Resource and Energy Economics, vol. 34 no. 4 (2012), pp. 607-623, Elsevier BV, ISSN 0928-7655 [repository], [doi]  [abs]

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