Nick Roy
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nicholasroy.me
Nick Roy
@nicholasroy.me
energy modeler, economist, cat dad | he/him | views my own

focused on subnational carbon markets and national power policy

research associate @rff.org
Work: https://www.rff.org/people/nicholas-roy/
Insightful @ucenergyinstitute.bsky.social post from @severinborenstein.bsky.social on California refineries. It'll get you up to speed on the facts, opportunities, and tensions as the California legislative session begins this week.
energyathaas.wordpress.com/2025/08/18/c...

Great opening figure!
August 18, 2025 at 3:39 PM
Spent so much time writing about clean air act repeal that I forgot to replace my air purifiers! We are going the direct air capture route because the actors below refuse to install scrubbers.
August 13, 2025 at 1:45 PM
New blog post with my colleague on how new policy decisions expose fossil dependent grids to greater electricity price uncertainty.

www.resources.org/common-resou...
August 8, 2025 at 1:04 PM
UCSB researchers just released a great analysis of how to use the state's cap-and-trade program revenues to invest in energy affordability. 1 pager, policy brief, and online calculator are all great tools! emlab.ucsb.edu/projects/usi...
May 19, 2025 at 10:07 PM
Reading the transferability language for PTC/ITC it seems like they repeal when the tax credit value goes to 0....

I don't see how transferability (for the PTC/ITC) is effectively changed at all?
May 12, 2025 at 8:55 PM
The ways and means adjustment to IRA clean electricity tax credits are out. Phaseout of tax credits begins in 2029-2032. Modeling coming soon.
waysandmeans.house.gov/wp-content/u...
May 12, 2025 at 7:57 PM
office is fairly busy for a monday morning!
April 14, 2025 at 1:20 PM
Last week, we published modeling of potential repeal of the clean energy tax credits in the IRA. We display changes regionally across the US, retail rate effects, and the emissions outcomes.

Retail electricity rates could rise between 6-10% in the next 10 years.

www.rff.org/publications...
April 2, 2025 at 12:28 PM
and at lower costs to ratepayers!
March 24, 2025 at 12:22 PM
Emissions intensity standards (EISs) might be better equipped to address this leakage, especially if they have separate compliance instruments from existing REC markets. Here is a graph of the cost-effectiveness of these policies. A comparable EIS performs better than CES style policies.
March 24, 2025 at 12:22 PM
Here is a graph from the report that shows the emissions pathways of the different policy options.

A 100% clean standard might not reach zero emissions. This is due to temporal leakage! Fossil power can still supply MD under a 100% clean standard if there are clean energy credits to cover it.
March 24, 2025 at 12:17 PM
Kitties got spayed today!
February 6, 2025 at 12:14 AM
I mean... art is sooooooooooo back. Not only are all three awarded for certified bangers, but they are committed to producing authentic and personal music. #Grammys
February 3, 2025 at 2:37 PM
Help! My kitten is summoning demons
January 26, 2025 at 4:43 PM
Big career moment for me! My research is cited in this year's Annual Economic Report from the White House Council of Economic Advisers.

Now I am just curious which citation 🤔

#EconSky
January 8, 2025 at 11:18 PM
Washington DC Snowball fight at Malcom X park this year. Usually at capital/national mall area, but it is Jan 6th…
January 6, 2025 at 6:18 PM
Important kitten post
December 8, 2024 at 5:05 PM
California carbon market auction prices tell a story of regulatory expectations. Initial rulemaking workshops steadily rose prices with expectations of more stringency. Since the state regulator (CARB) impact assessment and it's subsequent delays of rule announcement, prices have steadily declined.
December 8, 2024 at 4:56 PM
Great article from @carbonbrief.org on China surpassing EU cumulative emissions.

The animated chart best explains the main takeaway for me: Emissions in China have grown exponentially in recent decades. Given current projections, it will become more S-shaped.

www.carbonbrief.org/analysis-chi...
November 22, 2024 at 3:39 PM
Thanks for sharing the report. I found this interesting too. We are underestimating near term projections (maybe underestimated Covid recovery) but long term outlook is looking better each year! A big win for the climate policy community with a lot more work left to do.
November 14, 2024 at 1:55 PM
New wfh office mates 🐱🐈‍⬛
November 11, 2024 at 4:28 PM