Associated Faculty

Prof. Henry D. Jacoby

Profile

Affiliation(s):

MIT Joint Program on the Science and Policy of Global Change, Co-Director;
MIT Sloan School of Management;
MIT Center for Energy and Environmental Policy Research

Education:

B.S., Mechanical Engineering, University of Texas at Austin, 1957
M.P.A., Public Administration, Harvard University, 1963
Ph.D., Economics, Harvard University, 1967

Courses taught:

Global Climate Change: Economics, Science, and Policy

Biographical Statement:

Professor Henry "Jake" Jacoby is a Professor of Management in the MIT Sloan School of Management, and Co-Director of the MIT Joint Program on the Science and Policy of Global Change. He has made contributions to the study of policy and management in the areas of energy, natural resources, and the environment—writing widely on these topics, including five books. He is a former Chair of the MIT Faculty, and former Director of the Harvard Environmental Systems Program, former Director of CEEPR, and former Associate Director of the MIT Energy Laboratory. He currently serves on the Scientific Committee for the International Geosphere-Biosphere Program and on the Climate Research Committee of the U.S. National Research Council. His current research is focused on economic analysis of climate change and greenhouse gas mitigation, and the integration of this work with the natural science of the issue.

Selected Publications:

Schäfer, A., J.B. Heywood, H.D. Jacoby and I.A. Waitz, Transportation in a Climate-Constrained World, MIT Press, Cambridge, MA, 384 pages, 2009

Paltsev, S., J.M. Reilly, H.D. Jacoby and J.F. Morris, The Cost of Climate Policy in the United States; and The Cost of Climate Policy and the Waxman-Markey American Clean Energy and Security Act of 2009 , MIT Joint Program Report 173, April; appended September, 2009

Sokolov, A.P., P.H. Stone, C.E. Forest, R.G. Prinn, M.C. Sarofim, M. Webster, S. Paltsev, C.A. Schlosser, D. Kicklighter, S. Dutkiewicz, J. Reilly, C. Wang, B. Felzer, J. Melillo, H.D. Jacoby, Probabilistic Forecast for 21st Century Climate Based on Uncertainties in Emissions (without Policy) and Climate Parameters, Journal of Climate, 22(19): 5175-5204

McFarland, J.R., S. Paltsev and H.D. Jacoby, Analysis of the Coal Sector Under Carbon Constraints, Journal of Policy Modeling, 31(1): 404-424, 2009

Webster, M., A.P. Sokolov, J.M. Reilly, C.E. Forest, S. Paltsev, A. Schlosser, C. Wang, D. Kicklighter, M. Sarofim, J. Melillo, R.G. Prinn and H.D. Jacoby, Analysis of Climate Policy Targets under Uncertainty, MIT Joint Program Report 180, September, 2009

Paltsev, S., J.M. Reilly, H.D. Jacoby, A.C. Gurgel, G.E. Metcalf, A.P. Sokolov and J.F. Holak, Assessment of US GHG cap-and-trade proposals, Climate Policy, 8(4): 395-420, 2008

U.S. Climate Change Science Program, contributing authors: L. Clark, J. Edmonds, H. Jacoby, H. Pitcher, J. Reilly, R. Richels, Scenarios of Greenhouse Gas Emissions and Atmospheric Concentrations, Sub-Report 2.1a of Synthesis and Assessment Product 2.1 by the U.S. Climate Change Science Program and the Subcommittee on Global Change Research Department of Energy, Office of Biological & Environmental Research, Washington DC, 2007

Jacoby, H.D., J.M. Reilly, J.R. McFarland and S. Paltsev, Technology and technical change in the MIT EPPA model, Energy Economics 28(5-6): 610-631, 2006

Jacoby, H.D., Informing climate policy given incommensurable benefits estimates, Global Environmental Change Part A 14(3): 287-279, 2004

Jacoby, H.D., and A.D. Ellerman, The safety valve and climate policy, Energy Policy 32(4): 481-491, 2003

Jacoby, H.D., R. Eckaus, A.D. Ellerman, R. Prinn, D. Reiner and Z. Yang, CO2 emissions limits: Economic adjustments and the distribution of burdens, Energy Journal 18(3): 31-58, 1999

Projects:

An Integrated Framework for Climate Change
An Improved Framework for Analysis of Global Warming: Development and Application
Development of a Model of the U.S. Economy
An Improved Model of Endogenous Technical Change Considering Uncertain R&D Returns and Uncertain Climate Response
Analytic Support for the MIT Natural Gas Study
Analysis of Evolving Energy and Fuels Markets