Classes & TalksTuesday, November 10
UT Energy Symposium
Tuesday, November 10 · 12:30-1:30 p.m. · Engineering Education and Research Center (EER)
- When
- Tuesday, November 10 · 12:30-1:30 p.m.
- Where
- Engineering Education and Research Center (EER)3.646 · Austin, TX
- Good to know
About this event
Charlotte De Cannière
Assistant Professor at the Toulouse School of Economics
Speaker Biography:
Charlotte De Cannière is an Assistant Professor of Economics at the Toulouse School of Economics. She obtained her PhD in Economics from KU Leuven in 2025 and was a visiting PhD researcher at the Barcelona School of Economics. Her research lies at the intersection of environmental economics, energy economics, and empirical industrial organization, with a particular focus on market power, energy, and the energy transition.
Abstract
Market power reduces equilibrium quantities and distorts production, typically causing welfare losses. However, as Buchanan (1969) noted, market power may mitigate overproduction from negative externalities. This paper examines this in the global oil market, where OPEC's market power affects oil production and carbon intensity. We estimate that from 1970 to 2021, OPEC's market power reduced emissions by over 52 GtCO2, equating to $3,805 billion in climate damages and 13.8% of the carbon budget needed for the 1.5°C Paris Agreement target. This environmental benefit outweighs the welfare loss from distorted production allocation.
About the UT Energy Symposium:
The UT Energy Symposium is a weekly guest lecture series that is
both free and open to the public and available for course credit.
In an effort to provide a multi-disciplinary platform for UT faculty and
students to interact on the most pressing energy issues facing our
world, the Energy Institute sponsors the UT Energy Symposium
(UTES), which will enter its 30th semester in spring 2026.
The UTES serves as a "convener" for the campus community, uniting
students interested in energy issues with faculty and others working on
sustainable energy security. Students who register for the symposium
receive one credit hour for the 15-week seminar course, which is open
to both undergraduate and graduate students.
Ongoing themes for UTES include climate change policy, innovation
and diffusion of energy technologies, low-carbon technology options
and status, and behavioral aspects of energy consumption.
Each UTES talk will be recorded and posted on this page and on
the Energy Institute YouTube channel following the event.
Listed by CitySpark: Austin, TX, gathered by the Cedar Park events calendar.