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Richard G. Newell, Adjunct Professor of Environmental Sciences and Policy and Economics

Richard G. Newell

Dr. Richard G. Newell is the President and CEO of Resources for the Future (RFF), an independent, nonprofit research institution that improves environmental, energy, and natural resource decisions through impartial economic research and policy engagement. From 2009 to 2011, he served as the administrator of the US Energy Information Administration, the agency responsible for official US government energy statistics and analysis. Dr. Newell is an adjunct professor at Duke University, where he was previously the Gendell Professor of Energy and Environmental Economics and founding director of its Energy Initiative and Energy Data Analytics Lab. He has also served as the senior economist for energy and environment on the President's Council of Economic Advisers and was a senior fellow, and later a board member, at RFF.

Dr. Newell has published widely on the economics of markets and policies for energy and the environment, including issues surrounding global climate change, energy efficiency, and energy innovation. He is a member of the National Petroleum Council and has provided expert advice to many institutions, such as the National Academy of Sciences, the Intergovernmental Panel on Climate Change, and the International Energy Forum.

Dr. Newell holds a PhD from Harvard University, an MPA from Princeton's Woodrow Wilson School of Public and International Affairs, and a BS and BA from Rutgers University.

Specialties: Energy and environmental economics, markets, policies, and technologies.

Contact Info: 
Office Location:  Resources for the Future, 1616 P St NW, Washington, DC 20036
Office Phone:  (202) 328-5198
Email Address: send me a message
Web Pages:


Ph.D. Harvard University1997
M.P.A.Princeton University1990
B.S.Rutgers University1988
B.A.Rutgers University1988
MPA, Princeton University, Woodrow Wilson School, 1990
BS, BARutgers University, 1988

environmental economics
global climate change
environmental policy
technological change

Biofuels • Carbon Dioxide • Carbon Sequestration • Carbon taxes • Change • Climate Change • Coal • Cost-Benefit Analysis • Diffusion • Economics • Efficiency • Electricity • Energy policy • Energy policy--Environmental aspects • Energy policy--International cooperation • Energy policy--United States • Energy-Generating Resources • Environment • Environmental Policy • Forecasting • Gas, Natural • Gasoline • Global Warming • Government Regulation • Greenhouse Effect • Hydraulic fracturing • Models, Econometric • Models, Economic • Nuclear Energy • Petroleum • Policy • Policy Making • Prices • Regulation • Renewable Energy • Research Support, U.S. Government • Severance tax • Shale gas • Subsidies • Taxes • Technology • Uncertainty • Voluntary Programs

Curriculum Vitae
Representative Publications   (More Publications)

  1. Eccles, JK; Pratson, L; Newell, RG; Jackson, RB, The impact of geologic variability on capacity and cost estimates for storing CO 2 in deep-saline aquifers, Energy Economics, vol. 34 no. 5 (September, 2012), pp. 1569-1579, Elsevier BV, ISSN 0140-9883 [repository], [doi]  [abs]
  2. Arimura, TH; Li, S; Newell, RG; Palmer, K, Cost-effectiveness of electricity energy efficiency programs, The Energy Journal, vol. 33 no. 2 (August, 2012), pp. 63-99, International Association for Energy Economics (IAEE), ISSN 0195-6574 [repository], [doi]  [abs]
  3. Popp, D; Newell, R, Where does energy R&D come from? Examining crowding out from energy R&D, Energy Economics, vol. 34 no. 4 (July, 2012), pp. 980-991, Elsevier BV, ISSN 0140-9883 [repository], [doi]  [abs]
  4. Henderson, R.H and R.G. Newell, Accelerating Innovation in Energy: Insights from Multiple Sectors. Introduction and Summary (2011) (University of Chicago Press.) [PDF]
  5. Aldy, JE; Krupnick, AJ; Newell, RG; Parry, IWH; Pizer, WA, Designing climate mitigation policy, Journal of Economic Literature, vol. 48 no. 4 (December, 2010), pp. 903-934, American Economic Association, ISSN 0022-0515 [repository], [doi]  [abs]
  6. Newell, RG, The role of markets and policies in delivering innovation for climate change mitigation, Oxford Review of Economic Policy, vol. 26 no. 2 (June, 2010), pp. 253-269, Oxford University Press (OUP), ISSN 0266-903X [repository], [doi]  [abs]
  7. Eccles, JK; Pratson, L; Newell, RG; Jackson, RB, Physical and economic potential of geological CO 2 storage in saline aquifers, Environmental Science & Technology, vol. 43 no. 6 (March, 2009), pp. 1962-1969, ISSN 0013-936X [repository], [doi]  [abs]
  8. Murray, BC; Newell, RG; Pizer, WA, Balancing cost and emissions certainty: An allowance reserve for cap-and-trade, Review of Environmental Economics and Policy, vol. 3 no. 1 (Winter, 2009), pp. 84-103, Oxford University Press (OUP), ISSN 1750-6816 [repository], [doi]
  9. Gillingham, K; Newell, RG; Palmer, K, Energy Efficiency Economics and Policy, Annual Review of Resource Economics, vol. 1 no. 1 (2009), pp. 597-619, ANNUAL REVIEWS, ISSN 1941-1340 [Gateway.cgi], [doi]  [abs]
  10. Newell, RG; Pizer, WA, Carbon mitigation costs for the commercial building sector: Discrete-continuous choice analysis of multifuel energy demand, Resource and Energy Economics, vol. 30 no. 4 (December, 2008), pp. 527-539, Elsevier BV, ISSN 0928-7655 [repository], [doi]  [abs]
  11. Newell, R, A U.S. Innovation Strategy for Climate Change Mitigation, Hamilton Project Discussion Paper 2008-15 (December, 2008), pp. 49 pages, Brookings Institution [repository]
  12. Gillingham, K; Newell, RG; Pizer, WA, Modeling endogenous technological change for climate policy analysis, Energy Economics, vol. 30 no. 6 (November, 2008), pp. 2734-2753, Elsevier BV, ISSN 0140-9883 [repository], [doi]  [abs]
  13. Fischer, C; Newell, RG, Environmental and technology policies for climate mitigation, Journal of Environmental Economics and Management, vol. 55 no. 2 (March, 2008), pp. 142-162, Elsevier BV, ISSN 0095-0696 [repository], [doi]  [abs]
  14. Fischer, C; Newell, RG, What’s the Best way to Promote Green Power?: Don’t Forget the Emissions Price, vol. 160 (Summer, 2008), pp. 10-13 [repository]
  15. Rai, A; Newell, R; Reichman, J; Wiener, J, Intellectual Property and Alternatives: Strategies for Green Innovation, Energy, Environment and Development Programme Paper 08/03 (2008), pp. 39 pages, Chatham House, UK [repository]
  16. Popp, D; Newell, RG; Jaffe, AB, Energy, the environment, and technological change, in Handbook of Economics of Technical Change., Handbook of the Economics of Innovation, vol. 2 no. 1 (January, 2010), pp. 873-937, Elsevier, ISSN 2210-8807 (North Holland.) [repository], [doi]  [abs]
  17. de Coninck, H; Fischer, C; Newell, RG; Ueno, T, International technology-oriented agreements to address climate change, Energy Policy, vol. 36 no. 1 (January, 2008), pp. 335-356, Elsevier BV, ISSN 0301-4215 [repository], [doi]  [abs]
  18. R.G. Newell and W.A. Pizer, Indexed Regulation, J. Environ. Econ. and Management (2008) [PDF]
  19. Newell, R, U.S. Climate Mitigation in the Context of Global Stabilization, in Assessing U.S. Climate Policy Options: A Report Summarizing Work at RFF as Part of the Inter-Industry U.S. Climate Policy Forum, edited by Resources for the Future, (2008), pp. 38-51, Resources for the Future [repository]
  20. Newell, RG; Papps, KL; Sanchirico, JN, Asset pricing in created markets, American Journal of Agricultural Economics, vol. 89 no. 2 (May, 2007), pp. 259-272, Oxford University Press (OUP), ISSN 0002-9092 [repository], [doi]  [abs]
  21. Newell, R, Climate Technology Deployment Policy, in Assessing U.S. Climate Policy Options: A Report Summarizing Work at RFF as Part of the Inter-Industry U.S. Climate Policy Forum (2007), pp. 133-145, Resources for the Future [repository]
  22. Newell, R, Climate Technology Research, Development, and Demonstration: Funding Sources, Institutions, and Instruments, in Assessing U.S. Climate Policy Options: A Report Summarizing Work at RFF as Part of the Inter-Industry U.S. Climate Policy Forum (2007), pp. 117-132, Resources for the Future [repository]
  23. Gillingham, K; Newell, R; Palmer, K, Energy efficiency policies: A retrospective examination, Annual Review of Environment and Resources, vol. 31 no. 1 (November, 2006), pp. 161-192, ANNUAL REVIEWS, ISSN 1543-5938 [repository], [doi]  [abs]
  24. Newell, RG, International climate technology strategies, in Post-Kyoto International Climate Policy: Implementing Architectures for Agreement: Research from the Harvard Project on International Climate Agreements (January, 2009), pp. 403-438, Cambridge University Press, ISBN 9780521137850 (Edited by Joseph E. Aldy Resources for the Future Robert N. Stavins Harvard University, Massachusetts.) [repository], [doi]  [abs]
  25. R.G. Newell, What's the big deal about oil? How we can get oil policy right, Resources, vol. 163 (Fall, 2006), pp. 6-10 [PDF]
  26. Pizer, W; Burtraw, D; Harrington, W; Newell, R; Sanchirico, J, Modeling economy-wide vs sectoral climate policies using combined aggregate-sectoral models, The Energy Journal, vol. 27 no. 3 (January, 2006), pp. 135-168, International Association for Energy Economics (IAEE), ISSN 0195-6574 [repository], [doi]  [abs]
  27. R.G. Newell, The Energy Innovation System: A Historical Perspective, in Accelerating Innovation in Energy: Insights from Multiple Sectors (R.H. Henderson and R.G. Newell, eds) (2009) (University of Chicago Press.) [PDF]
  28. Gillingham, K; Newell, R; Palmer, K, The effectiveness and cost of energy efficiency programs, The Rff Reader in Environmental and Resource Policy: Second Edition, vol. 155 (2006), pp. 193-198 [pdf], [doi]
  29. Jaffe, AB; Newell, RG; Stavins, RN, A tale of two market failures: Technology and environmental policy, Ecological Economics, vol. 54 no. 2-3 (August, 2005), pp. 164-174, Elsevier BV, ISSN 0921-8009 [repository], [doi]  [abs]
  30. Newell, R; Pizer, W; Zhang, J, Managing permit markets to stabilize prices, Environmental and Resource Economics, vol. 31 no. 2 (June, 2005), pp. 133-157, Springer Nature, ISSN 0924-6460 [pdf], [doi]  [abs]
  31. Newell, R.G., The hydrogen economy: Laying out the groundwork, Resources, vol. 156 (2005), pp. 20-23 [pdf]
  32. Newell, R; Rogers, K, The Market-Based Lead Phasedown, in Moving to Markets in Environmental Regulation : Lessons from Twenty Years of Experience, edited by Freeman, J; Kolstad, CD (November, 2006), pp. 173-193, Oxford University Press, USA, ISBN 0198040865 [repository], [doi]  [abs]
  33. Newell, RG; Sanchirico, JN; Kerr, S, Fishing quota markets, Journal of Environmental Economics and Management, vol. 49 no. 3 (January, 2005), pp. 437-462, Elsevier BV, ISSN 0095-0696 [repository], [doi]  [abs]
  34. Newell, R.G., Maximising Value in Multi-species Fisheries, Ian Axford Fellowship in Public Policy, New Zealand Fulbright Program (2004), Wellington, New Zealand [pdf]
  35. Anderson, S; Newell, R, Prospects for carbon capture and storage technologies, Annual Review of Environment and Resources, vol. 29 no. 1 (December, 2004), pp. 109-142, ANNUAL REVIEWS, ISSN 1543-5938 [pdf], [doi]  [abs]
  36. Jaffe, A.B., R.G. Newell, and R.N. Stavins, Technological change and the environment, in Handbook of Environmental Economics, Handbooks in Economics series, edited by K.-G. Mäler and J. Vincent, vol. 1 (2003), pp. 461-516, Amsterdam: North-Holland/Elsevier [PDF]
  37. Sanchirico, J.N. and R.G. Newell, Catching market Efficiencies, Spring, Resources, vol. 150 (2003), pp. 8-11 [pdf]
  38. Boyd, J; Burtraw, D; Krupnick, A; McConnell, V; Newell, RG; Palmer, K; Sanchirico, JN; Walls, M, Trading cases, Environmental Science & Technology, vol. 37 no. 11 (June, 2003), pp. 216A-223A, ISSN 0013-936X [pdf]  [abs]
  39. Kerr, S; Newell, RG, Policy-induced technology adoption: Evidence from the U.S. lead phasedown, Journal of Industrial Economics, vol. 51 no. 3 (Fall, 2003), pp. 317-343, WILEY, ISSN 0022-1821 [repository], [doi]  [abs]
  40. Newell, R; Pizer, W,, Discounting the Benefits of Climate Change Policies Using Uncertain Rates, Resources, vol. Winter no. 146 (January, 2002), pp. 15-20, Washington, D.C. Resources for the Future, Inc., ISSN 0048-7376 [repository]  [abs]
  41. Newell, R.G., A.B. Jaffe, and R.N. Stavins, The Induced Innovation Hypothesis and Energy-Saving Technological Change, in Technological Change and the Environment, edited by A. Grubler, N. Nakicenovic, and W.D. Nordhaus, eds (2002), pp. 97-126, RFF Press, Washington, DC (Reprinted from Quarterly Journal of Economics, 114(3):941-975.) [pdf]
  42. Newell, RG; Pizer, WA, Uncertain discount rates in climate policy analysis, Energy Policy, vol. 32 no. 4 (January, 2004), pp. 519-529, Elsevier BV, ISSN 0301-4215 [pdf], [doi]  [abs]
  43. Newell, R, Discounting the Benefits of Climate Change Mitigation: How Much Do Uncertain Rates Increase Valuations? (December, 2001), pp. 52 pages, Pew Center on Blobal Climate Change, Washington, DC [repository]
  44. Newell, RG; Pizer, WA, Regulating stock externalities under uncertainty, Journal of Environmental Economics and Management, vol. 45 no. 2 SUPPL. (January, 2003), pp. 416-432, Elsevier BV, ISSN 0095-0696 [pdf], [doi]  [abs]
  45. Anderson, ST; Newell, RG, Information programs for technology adoption: The case of energy-efficiency audits, Resource and Energy Economics, vol. 26 no. 1 (January, 2004), pp. 27-50, Elsevier BV, ISSN 0928-7655 [repository], [doi]  [abs]
  46. Anderson, S.T. and R.G. Newell, Prospects for Carbon Capture and Storage Technologies, Discussion Paper 02-68, Resources for the Future , Washington, D.C. [pdf]
  47. Newell, RG; Pizer, WA, Discounting the distant future: How much do uncertain rates increase valuations?, Journal of Environmental Economics and Management, vol. 46 no. 1 (January, 2003), pp. 52-71, Elsevier BV, ISSN 0095-0696 [repository], [doi]  [abs]
  48. Newell, RG; Stavins, RN, Cost Heterogeneity and the Potential Savings from Market-Based Policies, Journal of Regulatory Economics, vol. 23 no. 1 (January, 2003), pp. 43-59, ISSN 0922-680X [repository], [doi]  [abs]
  49. Anderson, S; Newell, RG, Simplified marginal effects in discrete choice models, Economics Letters, vol. 81 no. 3 (December, 2003), pp. 321-326, Elsevier BV, ISSN 0165-1765 [pdf], [doi]  [abs]
  50. Jaffe, AB; Newell, RG; Stavins, RN, Environmental policy and technological change, Environmental and Resource Economics, vol. 22 no. 1-2 (June, 2002), pp. 41-69, ISSN 0924-6460 [repository], [doi]  [abs]
  51. Newell, RG; Stavins, RN, Climate change and forest sinks: Factors affecting the costs of carbon sequestration, Journal of Environmental Economics and Management, vol. 40 no. 3 (January, 2000), pp. 211-235, Elsevier BV, ISSN 0095-0696 [repository], [doi]  [abs]
  52. Newell, RG; Jaffe, AB; Stavins, RN, The induced innovation hypothesis and energy-saving technological change, The Quarterly Journal of Economics, vol. 114 no. 3 (January, 1999), pp. 941-975, Oxford University Press (OUP), ISSN 0033-5533 [repository], [doi]  [abs]

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