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BEGIN:VEVENT
DTSTAMP:20260504T224648Z
DTSTART;VALUE=DATE-TIME:20230302T111500
DTEND;VALUE=DATE-TIME:20230302T123000
SUMMARY:PEPE (Political Economy & Public Economics) Seminar - Alexey Maka
 rin (MIT Sloan)
TZID:Europe/London
UID:20230302-8a17841b821ae00201821b24a57e0512@warwick.ac.uk
CREATED:20230301T162418Z
DESCRIPTION:The Political Economic Determinants of Nuclear Power: Evidenc
 e from Chernobyl (by Alexey Makarin\, Nancy Qian\, Shaoda Wang) This pap
 er investigates the political-economic determinants of nuclear energy in
 vestment using the Chernobyl accident as a natural experiment. We docume
 nt several facts. First\, the accident sharply reduced worldwide growth 
 in the number of operating nuclear reactors. Second\, the reduction is d
 riven by increased construction delays in democracies\, leading to prolo
 nged use of older and less safe plants. Third\, the nuclear growth slowd
 own in democracies is more pronounced when large fossil fuel reserves ar
 e present. Fourth\, the opening of a new nuclear power plant reduces air
  pollution in nearby cities. Finally\, micro-level evidence from the UK 
 Parliament and US Congress provides strong indication that political cap
 ture by energy groups played a role in reducing nuclear energy investmen
 t in democracies\, which may have hindered efforts to improve nuclear sa
 fety and moderate climate change.
LOCATION:S2.79
CATEGORIES:Political Economy and Public Economics Seminar
LAST-MODIFIED:20230301T162418Z
ORGANIZER;CN=Gill Gudger:
END:VEVENT
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