This course examines the central challenges of climate change policy and diplomacy through three core questions: What should the world do about climate change? Why have past efforts largely failed? How can more effective strategies be developed? Drawing on perspectives from science, economics, ethics, international law, and game theory, students will explore both normative and practical dimensions of global climate action.

This course examines the intersections of race, equity, and environmental policy, focusing on the principles and practice of environmental justice and climate resiliency. Environmental justice asserts that all people have the right to live and work in healthy communities, free from environmental harm. The course explores how structural racism and historic policy decisions have contributed to disproportionate environmental burdens in communities of color and low-income neighborhoods, while also examining how climate change further exacerbates these inequities.

Carbon pricing has become a central tool in global climate policy, with over 70 jurisdictions implementing carbon taxes or emissions trading systems that now cover more than one quarter of global emissions. This course explores how carbon markets and taxes are designed, reformed, and evaluated, using real-world case studies from Europe, the Americas, Asia, and beyond.

Pre-reqs: CEEN IA7200: Fundamentals of Environmental Economics and Policy, or CEEN IA7300: Energy Systems Fundamentals, or SUMA PS5155: Energy Markets and Innovation. Instructor permission is also required for registration. Join the waitlist in Vergil to request registration.

Artificial intelligence (AI) is a hot topic. More than 800 million people now use ChatGPT each week, trillions of dollars are being invested in data centers globally, and policymakers around the world are considering how best to respond to the growth in AI.

This course explores the opportunities and challenges presented by Europe’s efforts to lead the global transition to net-zero greenhouse gas energy systems. Centered on the European Union and its member states, the course also considers key geopolitical developments shaping the region’s energy future, including the war in Ukraine, transatlantic relations, and trade tensions with China.

This course examines global and national energy policies with international implications, focusing on the intersections of energy sustainability, energy security, and energy equity, commonly referred to as the "energy trilemma." Students will explore how national decisions shape global outcomes and how international frameworks influence domestic policies. Special attention is given to the political economy of the energy transition, with case studies on fossil fuels, renewables, subsidies, and critical mineral supply chains.

Geopolitics is complicating the already difficult task of moving from a carbon-intensive energy system to one of net-zero emissions. Today’s geopolitical tensions risk slowing the pace of the urgently needed clean energy transition, while some dynamics within the transition itself are exacerbating existing geopolitical challenges. Competition between great powers—a defining feature of the emerging global order—now threatens progress through trade disputes and national security concerns. The uneven global transition is also deepening divides between developed and developing countries.

Oceans are critical to life on Earth. They supply more than half of the oxygen we breathe, regulate our climate, and connect peoples and continents.

The class will provide an overview of the most contentious and vexing issues and challenges regarding the ocean that are facing policy makers in the U.S. and across the globe today, and will examine their implications for global security and sustainable development of ocean resources.

The class will discuss policy, international institutions, governance models, scientific and economic issues, and potential solutions.

This course surveys the distinctive character of Asian energy security requirements, how they are changing over time, what political-economic forces are driving their transformation and what those requirements imply for broader economic and political-military relationships between Asia and the world. It gives specials attention to Asia’s energy dependence on the Middle East and the extent to which Russia and alternative sources, including nuclear power, provide a feasible and acceptable alternative.

Emerging and developing economies are expected to account for the bulk of the energy demand and carbon emissions growth in the coming decades. Drastic changes are necessary to their current energy systems and future energy infrastructure so that it is in line with global climate goals—an effort that will require significant amounts of capital. This course will look at the formidable task of financing the energy transition in emerging market and developing economies (EMDEs).

What does it take to spark real environmental change? This course invites students to explore how advocacy influences environmental outcomes at the local, national, and global levels. From climate protests and community campaigns to policy negotiations and court rulings, students will examine how activists, scientists, and grassroots groups shape public discourse and government action.

The field of responsible investment has grown rapidly over the last twenty years, with the climate crisis serving as the paradigmatic ESG issue for investors. In the private sector, investors pledge to decarbonize their portfolios, ask for carbon reporting to manage that task, join together to engage corporations on their transition plans. As activity has grown, questions about the effectiveness and limitations of climate finance approaches to the climate crisis have grown along with them.

The social, environmental, and governance challenges of the 21st century represent both companies’ greatest risks and opportunities.

ESG and Corporate Political Strategy examines how organizations align environmental, social, and governance (ESG) priorities with corporate political strategies to shape policy, manage risk, and advance system-level change. As public expectations of corporate responsibility grow, firms must navigate both market and non-market arenas to sustain value, engage with stakeholders, and influence the rules by which they operate.

The course explores the relationship between policymakers and key actors in capital markets. Specifically, it examines the ways in which corporates and investors influence policymaking around climate and natural capital and identifies untapped opportunities for positive intervention by investors and corporates.

Instructor permission required. Join the waitlist in Vergil to request registration. This is a course for thoughtful people who wish to influence actual policy outcomes related to sustainability challenges in major cities. Its objective is not to provide a primer on urban sustainability solutions; this is readily available from textbooks and will change by the time you are in a position to act. Rather, the course’s objective is to prepare you for the kind of challenges that will face you as a policy practitioner in the field of urban sustainability.

MIA Policy Skills II Core. This course introduces students to the practical and strategic tools used to influence public policy through advocacy, communications, and coalition-building. Reimagining the traditional think tank model, students will engage with real-world approaches to policy change by examining case studies, developing messaging strategies, mapping stakeholders, and selecting appropriate mobilization tactics.

This course focuses on climate change adaptation, examining how communities, governments, and institutions manage climate risks and build resilience. Students will engage with key concepts such as vulnerability, resilience, adaptation effectiveness, and climate justice, using a risk reduction framework to analyze real-world challenges and responses.

This course explores how Environmental, Social, and Governance (ESG) and climate considerations are reshaping public market investment strategies. Students will learn how institutional investors use ESG signals and climate-related data to assess risk, identify opportunity, and support real-world outcomes—all while meeting fiduciary obligations.

This course explores how subnational governments, states, cities, and local jurisdictions are shaping climate policy and leading efforts to transition toward a clean energy economy. While national governments often receive the spotlight, much of the practical, political, and technical work happens closer to the ground.

This course introduces students to the structure and strategy of international project finance in the energy sector, with emphasis on projects central to the global energy transition and LNG market expansion. Through real-world case studies and hands-on modeling exercises, students will analyze project risks, develop risk ratings, and assess cashflows to determine equity returns and lender credit metrics.

This course explores the financing structures that underpin the development and transformation of global energy and power markets. Students will examine how asset-based, project, and tax-driven financing mechanisms have evolved to meet the growing demands for conventional and clean energy, and how these tools can be leveraged to support the transition to a low-carbon economy. Through case studies and lectures, the course introduces the financial, regulatory, and policy frameworks that shape energy markets, with an emphasis on U.S. practices and instruments.

This course provides a rigorous introduction to renewable energy project finance modeling, focusing on the concepts, structures, and financial mechanisms that underpin investment in renewable energy projects such as wind and solar. Through lectures, demonstrations, and guided analysis of actual project documents and contracts, students will develop a comprehensive understanding of the key drivers of renewable energy economics and financing.

This course examines the evolution and future of electricity markets worldwide in the context of liberalization, decarbonization, and technological change. As clean energy costs decline and electrification accelerates, the power sector faces increasing pressure to deliver reliable, affordable, and low-emission electricity.

This course examines the pathways, technologies, and policies for transitioning energy systems from fossil fuels to low-carbon alternatives. Energy systems underpin modern economies and human well-being but remain the primary driver of climate change. The course introduces the scientific, economic, and political foundations of energy decarbonization and surveys the barriers to reducing emissions across major sectors, including power, transportation, buildings, and industry.

Geopolitics is complicating the already difficult task of moving from a carbon-intensive energy system to one of net-zero emissions. Today’s geopolitical tensions risk slowing the pace of the urgently needed clean energy transition, while some dynamics within the transition itself are exacerbating existing geopolitical challenges. Competition between great powers—a defining feature of the emerging global order—now threatens progress through trade disputes and national security concerns. The uneven global transition is also deepening divides between developed and developing countries.

Despite growing pressure to decarbonize, oil and natural gas continue to shape global power and politics. This course examines how energy markets drive foreign policy, economic security, and international conflict. Students will explore the central role of oil and gas in geopolitical relations, from OPEC+ and the petrodollar to the wars in Ukraine and the Middle East.

This course examines the relationship between energy production, human development, and sustainability. It explores how energy projects, businesses, and policies—collectively referred to as “energy enterprises”—operate in frontier markets and developing countries. Students will analyze how energy access and use intersect with critical issues such as poverty, gender, health, displacement, and environmental justice.

How has the quest to produce enough food shaped societies, economies, and the environment in the United States and beyond? This course examines the powerful historical forces that have driven transformations in food production and policy over the past century, and how those forces continue to shape debates around sustainability, food security, and development today.

This course explores how Environmental, Social, and Governance (ESG) objectives and data are integrated into investment decision-making. Through a combination of academic theory, real-world case studies, and hands-on exercises, students examine how ESG considerations affect risk, return, and portfolio design. Key topics include ESG portfolio theory, impact investing, fixed income and labeled bonds, engagement and proxy voting, and climate-aware investing.

Instructor permission required. Join the waitlist in Vergil to request registration.

Today’s most pressing challenges, including climate change, social inequities, and financial instability, are complex, global, and systemic. This course explores how investors can respond through system-level investing, an emerging approach that considers the deep interconnections among financial markets, the real economy, and long-term environmental, social, and governance (ESG) outcomes.

This course will track the history of sustainable investing from the 1970s, in order to better understand the field, what it’s been doing, and where it stands now.

Impact Investing I: Foundations introduces students to the core principles, tools, and actors shaping the field of impact investing. The course provides a foundational understanding of how capital markets can be leveraged to address global challenges such as climate change, biodiversity loss, inequality, and poverty, while also generating financial returns.

Impact Investing II: Blended Finance'' equips students with a detailed understanding of the tools, strategies and innovative approaches being utilized by investors seeking both financial and impact returns, via blended finance transactions. Students in this course will study cases, dig into transactions and be prepared to be a professional contributor to a transaction at a future employer.

As impact investing further embeds into the mainstream, Impact Measurement and Management (IMM) is its key differentiator, helping impact investors understand a company’s intention to create positive outcomes and impacts and the evidence it uses to demonstrate whether (“if”) the impact, value, or benefit is indeed being created, and importantly, in what ways (“how”) it is improving the lives of concerned stakeholders and the environment.

The social, environmental, and governance challenges of the 21st century represent both companies’ greatest risks and opportunities.

The Quantitative Valuation of the Environment course will explore theory and methods of economically valuing environmental benefits and disbenefits, and how they can be applied in decision-making processes to improve stated outcomes.

The Social Impact: Business, Society, and the Natural Environment course explores the relationship between corporations, society, and the natural environment. Specifically, it examines the ways in which governments, (for-profit and non-profit) organizations, and investors (fail to) have positive impact and manage issues where the pursuit of private goals is deemed inconsistent with the public interest.

The Sustainability Reporting course explores the ever-evolving global Sustainability and ESG reporting environment and the standards and frameworks that are being used by companies to report on their sustainability related performance.

The course explores the relationship between policymakers and key actors in capital markets. Specifically, it examines the ways in which corporates and investors influence policymaking around climate and natural capital and identifies untapped opportunities for positive intervention by investors and corporates.

Climate change and biodiversity loss are existential threats to the planet, our own health and well-being, and the global economy. The course will identify several key players and leverage points in the capital market and elaborate on whether and how a “systems change” could be achieved to tackle these urgent challenges.

Instructor permission required. Students must 1) submit an application via https://forms.gle/TRbJrFMZKE8NbpJu7  and 2) join the waitlist in Vergil to be considered for enrollment. Without both of these steps complete, student applications cannot be considered. Please do not email any materials to the Professor or the TA.

Sustainability Management introduces students to the practical tools and core concepts needed to lead organizations in ways that support environmental sustainability and responsible resource use. Designed for those preparing to work in public, nonprofit, and mission-driven private organizations, the course explores how effective management practices intersect with urgent sustainability challenges.

This interdisciplinary course examines the complex intersections of climate science, human rights, and sustainable development. Students will first explore the fundamentals of Earth’s climate systems and core human rights frameworks. The course then analyzes how global climate disruption intersects with social vulnerability, equity, and justice. Topics include the science of climate variability, international climate governance, climate change litigation, migration and displacement, adaptation strategies, and sector-specific impacts on food, health, and livelihoods.

The transition to a net-zero economy is of particular relevance to Emerging and Developing economies, which are both the most vulnerable to climate change and also the largest emitters of greenhouse gases.

The transition is creating considerable challenges but also opening up significant opportunities: over $200 trillion of investments will be needed in order to ensure that global temperatures stay well below 2°C above pre-industrial levels, with most to be invested in the infrastructure sector of emerging and developing economies.

This intensive short course explores the financing, development, and policy landscape of energy and infrastructure projects. Students will examine how partnerships are structured to allocate risk, how capital is raised and deployed across project stages, and how political and regulatory environments shape investment decisions. Through real-world case studies, from carbon pipelines and LNG terminals to rail and airport concessions—students will analyze evolving infrastructure models and evaluate the roles of private, public, and multilateral actors.

The course will focus on the knowledge and skills required to research, ideate, thoughtfully plan, and pitch a new business aimed at mitigating climate-related challenges. The course will serve as a laboratory for students to sharpen their entrepreneurial abilities and deepen their understanding of climate change and related challenges, and how to meaningfully address them.

This interdisciplinary seminar examines the role of multinational energy companies in the context of international human rights, corporate responsibility, and global governance. Drawing on case studies and legal frameworks, the course explores how extractive industries intersect with political, environmental, and social systems, particularly in transitional and emerging economies.

This course examines the global reliance on Russian energy exports in the aftermath of the 2022 invasion of Ukraine and the realignment of geopolitical and energy markets. Students will assess whether Russia can operate without Western customers and whether the West can isolate Russia while securing its own energy needs. The course explores disrupted energy ties between Russia and Europe, shifting alliances with China, India, the Middle East, and the Arctic, and how sanctions have reshaped oil and gas flows worldwide.

This course provides a rigorous survey of the key areas of natural science that are critical to understanding sustainable development. The course will provide the theories, methodological techniques and applications associated with each natural science unit presented. The teaching is designed to ensure that students have the natural science basis to properly appreciate the co-dependencies of natural and human systems, which are central to understanding sustainable development. Students will learn the complexities of the interaction between the natural and human environment.

This course explores how Environmental, Social, and Governance (ESG) and climate considerations are reshaping public market investment strategies. Students will learn how institutional investors use ESG signals and climate-related data to assess risk, identify opportunity, and support real-world outcomes—all while meeting fiduciary obligations.

This course introduces students to the structure and strategy of international project finance in the energy sector, with emphasis on projects central to the global energy transition and LNG market expansion. Through real-world case studies and hands-on modeling exercises, students will analyze project risks, develop risk ratings, and assess cashflows to determine equity returns and lender credit metrics.

This course provides a rigorous introduction to renewable energy project finance modeling, focusing on the concepts, structures, and financial mechanisms that underpin investment in renewable energy projects such as wind and solar. Through lectures, demonstrations, and guided analysis of actual project documents and contracts, students will develop a comprehensive understanding of the key drivers of renewable energy economics and financing.

Emerging and developing economies are expected to account for the bulk of the energy demand and carbon emissions growth in the coming decades. Drastic changes are necessary to their current energy systems and future energy infrastructure so that it is in line with global climate goals—an effort that will require significant amounts of capital. This course will look at the formidable task of financing the energy transition in emerging market and developing economies (EMDEs).

This course explores how Environmental, Social, and Governance (ESG) objectives and data are integrated into investment decision-making. Through a combination of academic theory, real-world case studies, and hands-on exercises, students examine how ESG considerations affect risk, return, and portfolio design. Key topics include ESG portfolio theory, impact investing, fixed income and labeled bonds, engagement and proxy voting, and climate-aware investing.

Instructor permission required. Join the waitlist in Vergil to request registration.

Today’s most pressing challenges, including climate change, social inequities, and financial instability, are complex, global, and systemic. This course explores how investors can respond through system-level investing, an emerging approach that considers the deep interconnections among financial markets, the real economy, and long-term environmental, social, and governance (ESG) outcomes.

This course will track the history of sustainable investing from the 1970s, in order to better understand the field, what it’s been doing, and where it stands now.

Impact Investing I: Foundations introduces students to the core principles, tools, and actors shaping the field of impact investing. The course provides a foundational understanding of how capital markets can be leveraged to address global challenges such as climate change, biodiversity loss, inequality, and poverty, while also generating financial returns.

Impact Investing II: Blended Finance'' equips students with a detailed understanding of the tools, strategies and innovative approaches being utilized by investors seeking both financial and impact returns, via blended finance transactions. Students in this course will study cases, dig into transactions and be prepared to be a professional contributor to a transaction at a future employer.

As impact investing further embeds into the mainstream, Impact Measurement and Management (IMM) is its key differentiator, helping impact investors understand a company’s intention to create positive outcomes and impacts and the evidence it uses to demonstrate whether (“if”) the impact, value, or benefit is indeed being created, and importantly, in what ways (“how”) it is improving the lives of concerned stakeholders and the environment.

The field of responsible investment has grown rapidly over the last twenty years, with the climate crisis serving as the paradigmatic ESG issue for investors. In the private sector, investors pledge to decarbonize their portfolios, ask for carbon reporting to manage that task, join together to engage corporations on their transition plans. As activity has grown, questions about the effectiveness and limitations of climate finance approaches to the climate crisis have grown along with them.

The social, environmental, and governance challenges of the 21st century represent both companies’ greatest risks and opportunities.

ESG and Corporate Political Strategy examines how organizations align environmental, social, and governance (ESG) priorities with corporate political strategies to shape policy, manage risk, and advance system-level change. As public expectations of corporate responsibility grow, firms must navigate both market and non-market arenas to sustain value, engage with stakeholders, and influence the rules by which they operate.

The Quantitative Valuation of the Environment course will explore theory and methods of economically valuing environmental benefits and disbenefits, and how they can be applied in decision-making processes to improve stated outcomes.

The Social Impact: Business, Society, and the Natural Environment course explores the relationship between corporations, society, and the natural environment. Specifically, it examines the ways in which governments, (for-profit and non-profit) organizations, and investors (fail to) have positive impact and manage issues where the pursuit of private goals is deemed inconsistent with the public interest.

The Sustainability Reporting course explores the ever-evolving global Sustainability and ESG reporting environment and the standards and frameworks that are being used by companies to report on their sustainability related performance.

The course explores the relationship between policymakers and key actors in capital markets. Specifically, it examines the ways in which corporates and investors influence policymaking around climate and natural capital and identifies untapped opportunities for positive intervention by investors and corporates.

Climate change and biodiversity loss are existential threats to the planet, our own health and well-being, and the global economy. The course will identify several key players and leverage points in the capital market and elaborate on whether and how a “systems change” could be achieved to tackle these urgent challenges.

Instructor permission required. Students must 1) submit an application via https://forms.gle/TRbJrFMZKE8NbpJu7  and 2) join the waitlist in Vergil to be considered for enrollment. Without both of these steps complete, student applications cannot be considered. Please do not email any materials to the Professor or the TA.

This course examines the central challenges of climate change policy and diplomacy through three core questions: What should the world do about climate change? Why have past efforts largely failed? How can more effective strategies be developed? Drawing on perspectives from science, economics, ethics, international law, and game theory, students will explore both normative and practical dimensions of global climate action.

This course focuses on climate change adaptation, examining how communities, governments, and institutions manage climate risks and build resilience. Students will engage with key concepts such as vulnerability, resilience, adaptation effectiveness, and climate justice, using a risk reduction framework to analyze real-world challenges and responses.

This course explores how Environmental, Social, and Governance (ESG) and climate considerations are reshaping public market investment strategies. Students will learn how institutional investors use ESG signals and climate-related data to assess risk, identify opportunity, and support real-world outcomes—all while meeting fiduciary obligations.

This course explores how subnational governments, states, cities, and local jurisdictions are shaping climate policy and leading efforts to transition toward a clean energy economy. While national governments often receive the spotlight, much of the practical, political, and technical work happens closer to the ground.

Carbon pricing has become a central tool in global climate policy, with over 70 jurisdictions implementing carbon taxes or emissions trading systems that now cover more than one quarter of global emissions. This course explores how carbon markets and taxes are designed, reformed, and evaluated, using real-world case studies from Europe, the Americas, Asia, and beyond.

Geopolitics is complicating the already difficult task of moving from a carbon-intensive energy system to one of net-zero emissions. Today’s geopolitical tensions risk slowing the pace of the urgently needed clean energy transition, while some dynamics within the transition itself are exacerbating existing geopolitical challenges. Competition between great powers—a defining feature of the emerging global order—now threatens progress through trade disputes and national security concerns. The uneven global transition is also deepening divides between developed and developing countries.

The field of responsible investment has grown rapidly over the last twenty years, with the climate crisis serving as the paradigmatic ESG issue for investors. In the private sector, investors pledge to decarbonize their portfolios, ask for carbon reporting to manage that task, join together to engage corporations on their transition plans. As activity has grown, questions about the effectiveness and limitations of climate finance approaches to the climate crisis have grown along with them.

Climate change and biodiversity loss are existential threats to the planet, our own health and well-being, and the global economy. The course will identify several key players and leverage points in the capital market and elaborate on whether and how a “systems change” could be achieved to tackle these urgent challenges.

Existing energy sources and the infrastructures that deliver them are undergoing a period of rapid change. Limits to growth, fluctuating raw material prices, and the emergence of new technologies contribute to heightened risk and opportunity in the energy sector. This course aims to establish a core energy skill set for students and prepare them for more advanced coursework by introducing a foundational language and toolset for analyzing energy issues.

This course explores the opportunities and challenges presented by Europe’s efforts to lead the global transition to net-zero greenhouse gas energy systems. Centered on the European Union and its member states, the course also considers key geopolitical developments shaping the region’s energy future, including the war in Ukraine, transatlantic relations, and trade tensions with China.

This course examines global and national energy policies with international implications, focusing on the intersections of energy sustainability, energy security, and energy equity, commonly referred to as the "energy trilemma." Students will explore how national decisions shape global outcomes and how international frameworks influence domestic policies. Special attention is given to the political economy of the energy transition, with case studies on fossil fuels, renewables, subsidies, and critical mineral supply chains.

Geopolitics is complicating the already difficult task of moving from a carbon-intensive energy system to one of net-zero emissions. Today’s geopolitical tensions risk slowing the pace of the urgently needed clean energy transition, while some dynamics within the transition itself are exacerbating existing geopolitical challenges. Competition between great powers—a defining feature of the emerging global order—now threatens progress through trade disputes and national security concerns. The uneven global transition is also deepening divides between developed and developing countries.

Despite growing pressure to decarbonize, oil and natural gas continue to shape global power and politics. This course examines how energy markets drive foreign policy, economic security, and international conflict. Students will explore the central role of oil and gas in geopolitical relations, from OPEC+ and the petrodollar to the wars in Ukraine and the Middle East.

This course surveys the distinctive character of Asian energy security requirements, how they are changing over time, what political-economic forces are driving their transformation and what those requirements imply for broader economic and political-military relationships between Asia and the world. It gives specials attention to Asia’s energy dependence on the Middle East and the extent to which Russia and alternative sources, including nuclear power, provide a feasible and acceptable alternative.

Pre-req: Microeconomics. This course is an introduction to the economics of energy markets. We will study the main sources of inefficiencies in energy markets—market power and externalities—and their implications for policymaking. We will cover, for example, how oil and natural gas prices are determined globally, deregulation and market power in electricity markets, and policy responses such as carbon permit trading.

This course explores the financing structures that underpin the development and transformation of global energy and power markets. Students will examine how asset-based, project, and tax-driven financing mechanisms have evolved to meet the growing demands for conventional and clean energy, and how these tools can be leveraged to support the transition to a low-carbon economy. Through case studies and lectures, the course introduces the financial, regulatory, and policy frameworks that shape energy markets, with an emphasis on U.S. practices and instruments.

Existing energy sources and the infrastructures that deliver them are undergoing a period of rapid change. Limits to growth, fluctuating raw material prices, and the emergence of new technologies contribute to heightened risk and opportunity in the energy sector. This course aims to establish a core energy skill set for students and prepare them for more advanced coursework by introducing a foundational language and toolset for analyzing energy issues.

This course examines the evolution and future of electricity markets worldwide in the context of liberalization, decarbonization, and technological change. As clean energy costs decline and electrification accelerates, the power sector faces increasing pressure to deliver reliable, affordable, and low-emission electricity.

This course explores the opportunities and challenges presented by Europe’s efforts to lead the global transition to net-zero greenhouse gas energy systems. Centered on the European Union and its member states, the course also considers key geopolitical developments shaping the region’s energy future, including the war in Ukraine, transatlantic relations, and trade tensions with China.

This course examines the pathways, technologies, and policies for transitioning energy systems from fossil fuels to low-carbon alternatives. Energy systems underpin modern economies and human well-being but remain the primary driver of climate change. The course introduces the scientific, economic, and political foundations of energy decarbonization and surveys the barriers to reducing emissions across major sectors, including power, transportation, buildings, and industry.

Pre-req: Microeconomics. This course is an introduction to the economics of energy markets. We will study the main sources of inefficiencies in energy markets—market power and externalities—and their implications for policymaking. We will cover, for example, how oil and natural gas prices are determined globally, deregulation and market power in electricity markets, and policy responses such as carbon permit trading.

This course examines the relationship between energy production, human development, and sustainability. It explores how energy projects, businesses, and policies—collectively referred to as “energy enterprises”—operate in frontier markets and developing countries. Students will analyze how energy access and use intersect with critical issues such as poverty, gender, health, displacement, and environmental justice.

Emerging and developing economies are expected to account for the bulk of the energy demand and carbon emissions growth in the coming decades. Drastic changes are necessary to their current energy systems and future energy infrastructure so that it is in line with global climate goals—an effort that will require significant amounts of capital. This course will look at the formidable task of financing the energy transition in emerging market and developing economies (EMDEs).

This course examines the relationship between human well-being and the natural environment through the lens of economics and policy analysis. Students will explore the causes and consequences of environmental degradation, the behaviors that drive it, and the policy tools available to address it. The course introduces a conceptual framework grounded in economics, while drawing from environmental science, ethics, political science, law, and game theory to address questions of efficiency, equity, incidence, and institutional design.

The course provides an overview of different ways of conceptualizing the relationship between politics, environmental change, and economic processes. While it embeds these paradigms in a history of the growth of capitalism, the inter-state system, and scientific progress, it concentrates on the global environment of the 20th and 21st-century world, with particular attention to developing countries and their dilemmas.

What does it take to spark real environmental change? This course invites students to explore how advocacy influences environmental outcomes at the local, national, and global levels. From climate protests and community campaigns to policy negotiations and court rulings, students will examine how activists, scientists, and grassroots groups shape public discourse and government action.

This course provides a rigorous foundation in natural science concepts essential for understanding sustainable development. Students will examine the interactions between human systems and the environment through five core modules: Earth systems science, climate, ecology and biodiversity, water resource management, and public health.

How has the quest to produce enough food shaped societies, economies, and the environment in the United States and beyond? This course examines the powerful historical forces that have driven transformations in food production and policy over the past century, and how those forces continue to shape debates around sustainability, food security, and development today.

The Quantitative Valuation of the Environment course will explore theory and methods of economically valuing environmental benefits and disbenefits, and how they can be applied in decision-making processes to improve stated outcomes.

The Social Impact: Business, Society, and the Natural Environment course explores the relationship between corporations, society, and the natural environment. Specifically, it examines the ways in which governments, (for-profit and non-profit) organizations, and investors (fail to) have positive impact and manage issues where the pursuit of private goals is deemed inconsistent with the public interest.