Miguel Bunuel

Dr. Miguel Bunuel

Lecturer, Stanford University - CC


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Member of the Policy & Economics Council

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Council Member Biography

Miguel Buñuel is Executive President of EnvEco Consulting and Professor of Economics at Universidad Autónoma de Madrid and Stanford University Program in Madrid. Dr. Buñuel has over 21 years of consulting and researching experience on energy, environmental and natural resource economics and policy, public economics, taxation, international trade, applied microeconomics, applied econometrics, and modelling. He has served as Economic Advisor to Spain's Minister for the Environment, and worked for the World Bank and the European Commission. Dr. Buñuel has studied, taught, and researched at top universities in the USA (Boston, Harvard, Tufts, and Yale) and Spain (UAM, UCM, and UNED), and is the author of many articles and books. He has a BA, MA, and PhD in Economics, JD in Law, and PhD in Energy and Environmental Studies. (This is me - Update Profile)


Employment History

2008 - Unspecified
Lecturer, Stanford University - CC
2006 - Unspecified
Associate Professor, Universidad Autónoma de Madrid
2003 - Unspecified
Executive President, EnvEco Consulting
2001 - 2003
Director of Studies and Publications, Fundación Biodiversidad
2000 - 2001
Economic Advisor to the Minister, Ministry for the Environment
1999 - 2000
Advisor, Consejo Económico y Social
1998 - 1999
Teaching Fellow, Harvard University
1998 - 1998
Junior Professional, World Bank
1994 - 1999
Teaching Fellow, Boston University
1993 - 1994
Research Fellow, Tufts University
1990 - 1993
University Scholar/Lecturer, UNIVERSIDAD AUTONOMA DE MADRID
1989 - 1990
Research Fellow, Insitute for Fiscal Studies

GLG NewsSM Analyses by Miguel Bunuel

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Social Behavior and Public Policy for Climate Change Mitigation

January 3, 2011

Prices are not sufficient to elicit the necessary investment and behavioral responses required for the transition to a low-carbon society because there exist: Financial and “hidden” costs; multiple objectives, conflicting signals, or information and other market failures; and behavioral and motivational factors. As a consequence, standards and regulations must complement market mechanisms; information policies are required; and public financing for investment is needed.

Market Based Policy for Climate Change Mitigation

January 3, 2011

The fundamental changes required in the energy sector for the transition to a low-carbon economy cannot be implemented if public policy does not create the proper incentives for this transition. And for public policy to be efficient it must be based on market based instruments, chiefly environmental taxes and tradable emission permits. Besides efficient, these instruments are very effective, and provide the greatest incentives for R&D.

The Role of Carbon Capture and Storage (CCS) for Climate Change Mitigation

November 11, 2010

CCS could reconcile the continued use of fossil fuels over the medium to long term with the need for deep cuts in CO2 emissions. A demonstration program of commercial scale CCS projects would allow to prove the various CCS technologies at large scale, to identify risks and to achieve public and industry confidence in CCS. Regulatory issues, particularly around storage liability and the legality of storage will need to be resolved, and funding found to support the demonstration project phase.

The Role of Renewable Energies for Climate Change Mitigation

November 11, 2010

Renewable energy sources will be a necessary element of any future sustainable energy system. Not only do they provide a valuable alternative to fossil fuels, they are also much more climate friendly. In economic terms, the development of this sector does present many future benefits, but in order for these to flourish it will be necessary to put a price on the negative externalities of other energy sources, which should facilitate the required investments in R&D.

The Role of Energy Efficiency for Climate Change Mitigation

November 11, 2010

Energy efficiency is not only a requirement for climate change mitigation policies, but for overall economic efficiency. In many occasions, improving energy efficiency is a win-win option that may help to simultaneously reduce green-house gas emissions and input costs in many economic processes. In terms of business development, providing energy efficiency services through energy service companies (ESCOs) is a very lucrative business opportunity.

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