About this ebook
New
drilling techniques for oil and natural gas are propelling an energy production
renaissance in the United States. As the US economy struggles to emerge from
the Great Recession, many see the boom as a possible source of economic
salvation that could reduce unemployment and revitalize American manufacturing.
Until now, however, there has been little objective analysis of the energy boom’s
economic consequences. In this major study, Trevor Houser and Shashank Mohan
fill that gap. Houser and Mohan assess the impact of the recent and projected
increase in domestic energy production on US GDP, employment growth,
manufacturing competitiveness, household expenditures, and international trade
balance. Alongside its economic impact, they also explore the consequences for
the environment and global warming, providing guidance for policymakers to
navigate these issues.
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About the author
Trevor Houser is a partner with Rhodium Group, an independent research provider, and leads the firm’s Energy & Climate Practice. Trevor also co-directs the Climate Impact Lab, a collaboration of leading research institutions combining climate, economic and data science to quantify climate risk around the world, and directs the Climate Policy Fellows program at the City College of New York, his alma mater. During 2009, Trevor left Rhodium temporarily to serve as a senior advisor at the US State Department where he worked on international energy, natural resource and environmental policy issues. From 2009 to 2015 Trevor was a Visiting Fellow at the Peterson Institute for International Economics.
Shashank Mohan is a director at the Rhodium Group (RHG), where he works across RHG practice areas to analyze the impact of policy proposals and structural developments on specific markets and broader economic trends. Prior to RHG, he worked with Columbia University’s Earth Institute and the World Bank to design an electricity expansion model for Kenya and Senegal and was a program assistant at the South Asia Institute. He holds an MPA from the School of International and Public Affairs at Columbia University and is a graduate of the Indian Institute of Technology (IIT) Kharagpur.
