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Billy Pizer
Professor in the Sanford School of Public Policy
Susan B. King Distinguished Professor of Public Policy
Professor in the Department of Economics
Professor of Environmental Sciences and Policy
Professor of Environmental Science and Policy at Duke Kunshan University
Faculty Network Member of The Energy Initiative
Faculty Fellow in the Nicholas Institute for Environmental Policy Solutions
Affiliate of the Duke Initiative for Science & Society

Areas of Expertise


Ph.D., Harvard University (1996)
B.S., University of North Carolina - Chapel Hill (1990)


[Policy 360 podcast] For Climate Week 2019, a conversation about climate, politics and protest:


Billy Pizer joined the faculty of the Sanford School of Public Policy at Duke University in the fall of 2011.  He also was appointed a faculty fellow in the Nicholas Institute for Environmental Policy Solutions, a nonpartisan institute at Duke that focuses on finding solutions to some of the nation's most pressing environmental challenges.  His current research examines how we value the future benefits of climate change mitigation, how environmental regulation and climate policy can affect production costs and competitiveness, and how the design of market-based environmental policies can address the needs of different stakeholders.  He has been actively involved in creation of an environmental program at Duke Kunshan University in China, a collaborative venture between Duke University, Wuhan University, and the city of Kunshan.    

From 2008 to 2011, Pizer was deputy assistant secretary for environment and energy in the U.S. Department of the Treasury, where he created and led a new office responsible for the department’s role in the domestic and international environment and energy agenda of the United States. Prior to that, Pizer was a researcher at Resources for the Future (RFF), a nonpartisan think tank, for more than a decade. He served as senior economist for the environment at the White House Council of Economic Advisers from 2001 to 2002.  

Pizer's academic experience includes visiting professorships at The Johns Hopkins University (1997-1999) and Stanford University (2000-2001). He has published more than fifty peer-reviewed articles and books and holds a PhD and MA in economics from Harvard University and BS in physics from the University of North Carolina at Chapel Hill. 

Representative Publications

Use of the consumption discount rate for public policy over the distant future Journal of Environmental Economics and Management (05/2021)
Prices versus Quantities with Policy Updating Journal of the Association of Environmental and Resource Economists (05/2020)
Horizontal Equity Effects in Energy Regulation Journal of the Association of Environmental and Resource Economists (03/2019)