2025 faculty hosts

Karen Clay is the Teresa and H. John Heinz III Professor of Economics and Public Policy at Carnegie Mellon's Heinz College. She holds courtesy appointments at the Tepper School of Business and in the Department of Engineering and Public Policy, is a Senior Fellow at the Scott Institute for Energy Innovation at Carnegie Mellon, is an affiliated faculty member at the University of Pittsburgh, School of Law, and is a research associate at the National Bureau for Economic Research. She serves as co-editor in chief (with Ralf Meisenzahl, Federal Reserve Bank of Chicago) of Explorations in Economic History and is an associate editor at the Journal of Economic Perspectives. Professor Clay's research has been supported by the National Science Foundation, the Sloan Foundation, and the Heinz Endowments. Her work has been published in the Journal of Political Economy, Journal of Economic Literature, Review of Economics and Statistics, and American Economic Review, Papers and Proceedings. Before coming to Carnegie Mellon, Karen Clay was an assistant professor at the University of Toronto. She received her Ph.D. from Stanford University and her B.A. in Economics and Math from the University of Virginia.

Office
2221 Hamerschlag Hall
Phone
412.268.4197
Email
kclay@andrew.cmu.edu
Google Scholar
Karen B. Clay
Websites
Karen Clay's website

Education

Ph.D., Stanford University

B.A., Economics and Math, University of Virginia

Media mentions


Wilton E. Scott Institute for Energy Innovation

Analysis documents changing trends in U.S. carbon emissions

The authors divide their analysis into four periods—the years before 1920, 1920 to 1960, 1960 to 2005, and the years after 2005—and discuss the main drivers of national carbon emissions, as well as trends in carbon emissions in the electricity sector.