Gal Hochman received his Ph.D. in Economics at Columbia University in 2004. His work focuses on biotechnology, energy, the environment, and on trade agreements. While working on alternatives to fossil fuels, Gal’s work showed the distributional implications of a global climate agreement. Gal’s work assessed the economic implications from allocating polluting rights to fossil extracting and fossil consuming countries. Greenhouse gas intensity of biofuels (and also non-conventional fossil fuels like coal to liquids and oil sands) cannot be determined just by measuring carbon content of fuel, because significant amounts of emissions occur away from the site of production or consumption. This necessitates carbon emissions accounting that is ex-ante analysis and which accounts for these off-site emissions. Gal’s work identified several of these off-site carbon-emitting sources and quantified their impact. Gal’s research on energy shows the importance of modeling OPEC as a cartel-of-nations. His work also quantifies the importance of inventories in the 2007 and 2008 food commodity price spike. Gal has attended and presented papers at numerous conferences, including the ASSA, the ACS, the CEA, the Econometric Society, the EEA, and the IAEE.
- Agricultural, Food, and Resource Economics, Rutgers Energy Institute
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