Jared Carbone

Professor, Economics and Business

Jared Carbone


Engineering Hall 311


  • PhD, Economics, University of Colorado Boulder, 2003
  • MA, Economics, University of Colorado Boulder, 2001
  • BA, Mathematics-Economics, Wesleyan University, 1997

Research Interests

  • Environmental economics
  • Climate change
  • General equilibrium modelling

Dr. Jared Carbone joined Mines in 2014 as an associate professor in EB. His research and teaching focus on environmental policy and its interactions with energy and natural resource use in the economy.

Carbone teaches undergraduate and graduate courses in environmental economics and graduate courses in computational methods and microeconomic theory as part of the Mineral and Energy Economics (MEE) degree programs. PhD students he has advised in recent years have gone on to careers as research analysts at the National Renewable Energy Laboratory (NREL), the US Environmental Protection Agency and national research institutes in Japan and South Korea.

Much of his research deals with the design of pollution regulation and the use of economy-wide (general equilibrium) analysis to understand its full economic impacts. He has made important contributions to our understanding of how global markets for energy and resource commodities are likely to respond to the unilateral efforts of individual nations to control greenhouse gas emissions (the main driver of anthropogenic climate change). He has also written about how the health and productivity impacts of air pollution affect the economy. More recently, he has turned to the study of how climate change and drought are likely to influence regional populations and economies across the United States.

Currently he is working with NREL to develop a new model for economy-wide analysis of energy policies. It will be used by researchers on the staff at NREL but also offered as open-source software that can be used by energy analysts anywhere in the world. It’s different from existing models because it can be easily linked to all of the detailed engineering models of energy systems that NREL maintains.

Professor Carbone is a member of a special panel of the Science Advisory Board at the US Environmental Protection Agency. It establishes best practices for using economy-wide simulation models to study the economic impacts of new environmental regulations, so it will likely have an important impact on the way modelers at the EPA (and elsewhere) use economy-wide models in this area of research and policymaking.

Carbone served as director of the MEE program for the past two years. He is a scientific advisor and advisory board member to various groups at NREL with the aim of fostering research collaboration and the integration of lab activities into student experiences at Mines.