Ellerman, A. Denny

A. Ellerman
Formerly a Senior Lecturer in Economics, MIT Sloan School of Management


European University Institute, Florence, Italy


Biographical Statement:
Professor Ellerman is an internationally recognized expert on energy and environmental economics with a particular focus on climate policy, emissions trading, and interactions with energy markets. His current position is area director of the climate policy research unit and a part-time professor at the European University Institute's Robert Schuman Centre for Advanced Studies. He recently retired as a Senior Lecturer at MIT's Sloan School of Management, where he was for many years executive director of the Joint Program on the Science and Policy of Global Change, and the Center for Energy and Environmental Policy Research. He is a co-author of the leading books on the US SO2 and the EU CO2 Allowance Trading Programs, Markets for Clean Air: The US Acid Rain Program and Pricing Carbon: The European Emissions Trading Scheme. Prior to coming to MIT, Denny spent 18 years in Washington, D.C., working for the US Government (primarily the Department of Energy and its predecessors), the National Coal Association, and Charles River Associates, an economic consulting firm. In 1990, he was President of the International Association for Energy Economics.

Example Publications:

Ellerman, A.D., and P. Joskow, 2008: The European Union's CO2 Cap-and-Trade System in Perspective, Pew Center on Global Climate Change Report, 2008

Convery, F., D. Ellerman & C. De Perthuis, 2008: The European Carbon Market in Action: Lessons from the First Trading Period Interim Report, Joint Program Report 162, 40 pages

Ellerman, A.D., B. Buchner and C. Carraro (editors), 2007: Allocation in the European Emissions Trading Scheme: Rights, Rents, and Fairness, Cambridge University Press, 448 p.

Ellerman, A.D. and I. Sue Wing, 2003: Absolute vs. intensity-based emission caps, Climate Policy, 3 (Supplement 2): S7-S20

Ellerman, A.D., P.L. Joskow, R. Schmalensee, J.-P. Montero and E.M. Bailey (editors), 2000: Markets for Clean Air: The U.S. Acid Rain Program, Cambridge University Press, New York, 362 p.

Education + Credentials
A.B., Public and International Affairs, Princeton University, 1964
Ph.D., Political Economy and Government, Harvard University, 1977

Recent Publications

Joint Program Reprint, Journal Article
Sun, L., M. Webster, G. McGaughey, E.C. McDonald-Buller, T. Thompson, R. Prinn, A.D. Ellerman and D.T. Allen (2012). Environmental Science & Technology, 46(10): 5607-5615 [PDF]
Ellerman, A.D., F.J. Convery, C. de Perthuis, with contributions by E. Alberola, B.K. Buchner, A. Delbosc, C. Hight, J. Horst Keppler and F.C. Matthes (2010). Cambridge University Press, New York, USA, 390 pages, January
Joint Program Report
Ellerman, A.D. (2009). Joint Program Report Series Report 170, 23 pages [PDF]
Joint Program Report
Parsons, J.E., A.D. Ellerman and S. Feilhauer (2009). Joint Program Report Series Report 171, 13 pages [PDF]
Ellerman, A.D. (2009). Beyond Copenhagen: A Climate Policymaker's Handbook, J. Delgado and S. Gardner (eds.), Bruegel Books, Brussels, pp. 22-30