Winter 2025 Coase Project Conference
HOSTED BY

CONFERENCE ORGANIZERS
Robin Burgess, Professor of Economics, London School of Economics and Political Science; Director, International Growth Centre (IGC)View Bio |
Michael Greenstone, Milton Friedman Distinguished Service Professor in Economics, UChicago; Director, Climate and Energy InstituteView Bio |
LOCATION
David Rubenstein Forum – Room 504
1201 E 60th St, Chicago, IL 60637
The Coase Project Conference aims to deepen and elevate the fields of climate, energy, and environmental economics. During this two-day conference hosted at the University of Chicago David Rubenstein Forum, a leading group of interdisciplinary scholars joined UChicago’s Michael Greenstone and the London School of Economics and Political Science’s Robin Burgess to present their research and participate in creative and innovative conversations to confront the global energy and environment challenge.
December 2nd, 2025
Note: All times listed are CST.
6:00 – 9:00 p.m. | Welcome Dinner
Momotaro
820 W Lake St, Chicago, IL 60607
December 3rd, 2025
Note: All times listed are CST.
8:30 – 8:55 a.m. | Continental Breakfast – Room 504
8:55 – 9:00 a.m. | Welcome and Opening Remarks
Robin Burgess, London School of Economics
Michael Greenstone, University of Chicago
9:00 – 9:45 a.m. | Climate Change, Deforestation, and the Expansion of the Global Agricultural Frontier
Jacob Moscona, Massachusetts Institute of Technology
9:45 – 10:30 a.m. | Are We Consuming Too Much Groundwater?
Katherine Wagner, University of British Columbia
10:30 – 10:50 a.m. | Break
10:50 – 11:55 a.m. | New Approaches to International Climate Policy
10:50 – 11:10 a.m. | Overview of COP30 Proposals – José Scheinkman, Columbia University; Chair of the Council of Economists Advising the President of COP30
11:10 – 11:25 a.m. | Proposal for a Unified Carbon Market – Robin Burgess, London School of Economics
11:25 – 11:40 a.m. | Building a Climate Coalition: Aligning Carbon Pricing, Trade, and Development – Catherine Wolfram, Massachusetts Institute of Technology
11:40 – 11:55 a.m. | A Grand Bargain for Climate Compensation and Mitigation – Esther Duflo, Massachusetts Institute of Technology
11:55 a.m. – 12:55 p.m. | Moderated Discussion
Michael Greenstone, University of Chicago (Moderator)
John Podesta, Former White House Senior Adviser for International Climate Policy; Founder of the Center for American Progress
José Scheinkman, Columbia University; Chair of the Council of Economists Advising the President of COP30
12:55 – 2:00 p.m. | Lunch – 1st Floor Dining Room
2:00 – 2:45 p.m. | The Supernatural and the Commons
Christopher Costello, University of California Santa Barbara and Environmental Defense Fund
2:45 – 3:15 p.m. | A Mock on AMOC
Esteban Rossi-Hansberg, University of Chicago
3:15 – 3:45 p.m. | Break
3:45 – 4:15 p.m. | Breaking the Chicken-and-Egg Problem: Evidence from China’s Electric Vehicle Infrastructure Development
Koichiro Ito, University of Chicago
4:15 – 4:45 p.m. | The Benefits of Public Transit to Households: Evidence from India
Maureen Cropper, University of Maryland
4:45 – 5:30 p.m. | With or Without U? Binning Bias and the Causal Effects of Temperature Shocks
Ben Olken, Massachusetts Institute of Technology
6:30 – 9:00 p.m. | Conference Dinner
Michael Greenstone Residence
1234 East 56th Street, Chicago, IL 60637
December 4th, 2025
8:30 – 9:00 a.m. | Continental Breakfast – Room 504
9:00 – 10:00 a.m. | Master Lecture: Economic Development and the Environment
Kelsey Jack, University of California Berkeley
Nicholas Ryan, Yale University
10:00 – 10:30 a.m. | Zero Energy Day: How Nationwide Blackouts Affect the Economy
Koichiro Ito, University of Chicago
10:30 – 11:00 a.m. | Groundwater in a Changing Climate
Fiona Burlig, University of Chicago
11:00 – 11:30 a.m. | Break
11:30 – 12:00 p.m. | Green Subsidies and Credit Constraints
Susanna Berkouwer, University of Pennsylvania
12:00 – 12:30 p.m. | Cultivating Winners by Subsidizing Losers: Evidence from the Rise of China’s EV Ecosystem
Shaoda Wang, University of Chicago
12:30 – 1:00 p.m. | Paving the Swamp: Consequences of Land Use Regulation Under the Clean Water Act
Joseph Shapiro, University of California Berkeley
1:00 – 2:00 p.m. | Lunch – 1st Floor Dining Room
2:00 p.m. | Conference Concludes







Robin Burgess, Professor of Economics, London School of Economics and Political Science; Director, International Growth Centre (IGC)
Michael Greenstone, Milton Friedman Distinguished Service Professor in Economics, UChicago; Director, Climate and Energy Institute