CURRICULUM VITAE. Prof. Dr. Sebastian Rausch

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1 CURRICULUM VITAE Prof. Dr. Sebastian Rausch Assistant Professor of Economics/Energy Economics, ETH Zürich Zürichbergstrasse 18, ZUE E7, 8032 Zürich, Switzerland Web: Research Areas Energy and Environmental Economics, Public Economics, Computational Economics, Applied General Equilibrium Analysis, Energy and Climate Policy Modeling. University Education 10/2004 5/2008 Ph.D. in Economics (Dr. rer. pol.) with highest distinction (summa cum laude) Ruhr Graduate School in Economics (RGS Econ) and University of Duisburg-Essen, Germany Dissertation: Macroeconomic Consequences of Demographic Change: Modeling Issues and Applications Committee: Volker Clausen, Thomas F. Rutherford, Christoph Weber 10/1999 9/2004 M.Sc. in Economics (equivalent to Diplom-Volkswirt) University of Bonn, Germany 7/2001 7/2002 Student exchange program in Economics (Bachelor and Master s level courses) La Trobe University and Melbourne University, Melbourne, Australia Professional Experience 8/2012 present Assistant Professor of Economics/Energy Economics (with tenure track) ETH Zürich, Department of Management, Technology and Economics (D-MTEC), Switzerland 6/2008 7/2012 Massachusetts Institute of Technology, Cambridge, USA MIT Energy Initiative and Joint Program on the Science and Policy of Global Change 7/2011 7/2012: Director, U.S. Regional Energy & Environment Modeling Project 5/2010 7/2012: Research Scientist 6/2008 4/2010: Postdoctoral Associate 10/2007 5/2008 Research Assistant (Chair of International Economics) University of Duisburg-Essen, Department of Economics, Germany 10/2002 7/2004 Teaching Assistant (Microeconomics and Macroeconomics) University of Bonn, Department of Economics, Germany

2 2 4/2001 7/2001 Internship KPMG Consulting, Cologne, Germany 4/2000 7/2000 Internship Henkel AG, Düsseldorf, Germany Academic Services Member of Teaching Commission at D-MTEC (since summer 2013) Member of Admission Committee for M.Sc. in Management, Technology and Economics at D-MTEC (since 2014) Member of Admission Committee for M.Sc. in Energy Science and Technology (MEST) coordinated by D- ITET, D-MAVT, and Energy Science Center at ETH Zurich (since 2014) Member of Center for Economic Research at ETH (CER-ETH) (since 2013) Member of Centre for Energy Policy and Economics at ETH (CEPE) (since 2012) Member of Energy Science Center at ETH and active contribution to interdisciplinary research projects (PI in SNF-funded National Research Program 70 project, Co-PI in project funded by ESC/ETH Foundation, contributor to various events & workshops organized by ESC) (since 2013) Research Associate at Massachusetts Institute of Technology s Joint Program on the Science and Policy of Global Change (since 2012) Co-organizer of Joint CER-ETH & CEPE Seminar Series on Energy, Environmental and Resource Economics at D-MTEC (together colleagues from D-GESS, D-MTEC, and D-USYS) (since 2012) Member for ETH Zurich in SCCER-CREST (Swiss Competence Center in Energy Research Competence Center for Research in Energy, Society and Transition): task leader on Macroeconomic Impact Analysis and co-lead of Simulation Lab (since 2014) Referee for articles submitted to European Economic Review, American Economic Journal: Economic Policy, Journal of Public Economics, Journal of Environmental Economics & Management, Journal of the Association of Environmental and Resource Economists, Energy Economics, Energy Journal, Resource and Energy Economics, Environmental and Resource Economics, Computational Economics, German Economic Review, Climate Policy, Climate Change Economics, Climatic Change, Journal of Regional Science, Review of International Economics, Economics of Energy & Environmental Policy, Technological Forecasting & Social Change, Nature Climate Change and professional conferences Reviewer for grant proposals at Swiss National Science Foundation Member of Best Poster Award Committee at 2015 and 2016 conference of the European Association of Environmental and Resource Economists (EAERE) Reviewer for ETH-external doctoral and professional promotion committees (among others, EPFL, U Basel, U Leuven, Comillas U Madrid, Statistics Norway)

3 3 Honors and Awards Elected member of German Economics Association s Committee of Environmental and Resource Economists (Verein für Socialpolitik, Ausschuss für Umwelt- und Ressourcenökonomie) (since 5/2015) Science prize for best habilitation or doctoral thesis in Economics at University of Duisburg-Essen (10/2010) Prize for best Ph.D. thesis at Department of Economics at University of Duisburg-Essen (7/2009) Alfried Krupp von Bohlen and Halbach Foundation Fellowship for Ph.D. studies at Ruhr Graduate School in Economics (10/2004 9/2007). Scholarship by University of Bonn for a student exchange program with La Trobe University, Melbourne (7/2001 7/2002). Professional Memberships European Association of Environmental and Resource Economists (EAERE), Association of Environmental and Resource Economists (AERE), International Association for Energy Economics (IAEE), Swiss Association for Energy Economics (SAEE), Verein für Socialpolitik (VfS) Research Grants Received Since autumn 2012 (start as assistant professor at ETH Zurich) Swiss Competence Center in Energy Research Competence Center for Research in Energy, Society and Transition (SCCER-CREST). Funding agency: Commission for Technology and Innovation (CTI). Role: Task leader Macroeconomic Impact Analysis and co-lead of Simulation Lab. Funds to chair: CHF (1/ /2020). Nexus Integrated Energy Systems Modelling Platform. Funding agency: Federal Office of Energy. Role: Co-Principal Investigator. Grant amount: overall project CHF, CHF to chair (01/ /2019). Promotion or Steering-based Energy Policy: Assessing Distributional and Efficiency Implications. Funding agency: Swiss National Science Foundation, National Research Programme 71. Role: Principal Investigator. Grant amount: overall project CHF, CHF to chair (10/2014-9/2016). Assessing Future Electricity Markets. Funding agency: Swiss National Science Foundation, National Research Programme 70. Role: Principal Investigator. Grant amount: overall project CHF, CHF to chair (10/2014-3/2018). Integrated Modelling of Energy Systems. Funding agency: ETH Foundation. Role: Co-Principal Investigator. Grant amount: overall project CHF, CHF to chair (10/ /2015).

4 4 Swiss Competence Center in Energy Research Competence Center for Research in Energy, Society and Transition (SCCER-CREST). Funding agency: Commission for Technology and Innovation (CTI). Role: Task leader Macroeconomic Impact Analysis and co-lead of Simulation Lab. Funds to chair: CHF (1/ /2016). Socio-Economic Effects of the Energy Market Integration of Switzerland in the EU. Funding agency: Swiss industry partner. Role: Principal Investigator. Grant amount: CHF (9/2013-5/2014). Evaluating Climate Policies in the Electricity Sector with a Hybrid Top-Down / Bottom-Up Model. Funding agency: German Ministry for Education and Research (BMBF). Role: Co-Principal Investigator. Grant amount: overall project CHF, CHF to chair (9/ /2015). Total research grant money received since start as assistant professor (autumn 2012): 2.30 Mio. CHF. Teaching Experience Assistant Professor, ETH Zurich, Department of Management, Technology and Economics. Quantitative Methods in Energy and Environmental Economics (Master s level) and Managerial Economics (Bachelor level, also offered as D-MAVT course). Lecturer, Massachusetts Institute of Technology, MIT Energy Initiative. Block courses (Master s and Ph.D. level) on Computable General Equilibrium Modeling (every fall semester between ) Lecturer, ETH Zurich, Department of Management, Technology and Economics. Block course (Master s and Ph.D. level) on Dynamic General Equilibrium Modeling (jointly with Thomas F. Rutherford, autumn semester 2009) Teaching Assistant, University of Bonn, Department of Economics. Weekly exercise sessions for lectures in microeconomics at Bachelor level (every autumn semester between ) Teaching Assistant, University of Bonn, Department of Economics. Weekly exercise sessions for lectures in macroeconomics at Bachelor level (every spring semester between ) Supervision of Students and Senior Researchers at ETH Zurich Names of current members of my research group at ETH Zurich (as of November 2017) are underlined. Supervision of PostDocs [7] Hidemichi Yonezawa (2015-present) Florian Landis (2015-present) Hagen Schwerin (2014-present) Renger van Nieuwkoop (2014-present) Jan Abrell (2013-present)

5 5 Jan Imhof ( , first employment: Aurora Energy Research/Oxford U) Marta Wlodarz ( , first employment: McKinsey) Ph.D. students [5] Oliver Kalsbach (ongoing since 8/2017) Clemens Streitberger (ongoing since 2/2014) Mirjam Kosch, (ongoing since 10/2013, expected completion in 3/2018) Giacomo Schwarz, Essays in Public and Environmental Economics: Household Heterogeneity and the Distributional Effects of Climate Policy (completed, 1/ /2016, first employment: McKinsey) Renger van Nieuwkoop, Transportation Networks and Economic Equilibrium (completed, 9/2014, first employment: PostDoc in group of S. Rausch at ETHZ) Supervision of 40+ Master, Bachelor & Semester theses in the period from (primarily in D-MTEC MSc and D-ITET/D-MAVT Master of Energy Science and Technology and D-MAVT Bachelor in Mechanical Engineering programs). Tutor for 20+ students in D-MTEC MSc program and in D-ITET/D-MAVT Master of Energy Science and Technology program in the period from PhD and MSc theses awards won by students supervised by S. Rausch: Giacomo Schwarz, ETH Medal for best D-MTEC PhD thesis in Economics in 2017 Leo Chavaz, ETH Medal for best D-MTEC Master s thesis in Economics in 2016 Publications Books [1] S. Rausch (2009). Macroeconomic Consequences of Demographic Change: Modeling Issues and Applications. Lecture Notes in Economics and Mathematical Systems, Vol. 621, Springer Verlag Heidelberg. Refereed Book Chapters [2] S. Rausch, G. E. Metcalf, J. M. Reilly, and S. Paltsev (2011). Distributional Impacts of a U.S. Greenhouse Gas Policy: A General Equilibrium Analysis of Carbon Pricing, U.S. Energy Tax Policy, ed. G. E. Metcalf, Cambridge University Press, MA. Refereed Journal Articles [3] S. Rausch, G. E. Metcalf, J. M. Reilly, and S. Paltsev (2010). Distributional Implications of Alternative U.S. Greenhouse Gas Control Measures, The B.E. Journal of Economic Analysis & Policy, 10(2) (Symposium). Also published as NBER Working Paper No

6 6 Republished in Distributional Aspects of Energy and Climate Policy, edited by Mark Cohen, Don Fullerton, and Robert Topel. Edward Elgar Publishers, [4] S. Rausch and T. F. Rutherford (2010). Computation of Equilibria in OLG Models with Many Heterogeneous Households, Computational Economics, 36(2), [5] B. Lanz and S. Rausch (2011). General Equilibrium, Electricity Generation Technologies and the Cost of Carbon Abatement: A Structural Sensitivity Analysis, Energy Economics, 33, [6] S. Paltsev, H. Jacoby, J. M. Reilly, Q. J. Ejaz, F. O Sullivan, J. Morris, S. Rausch, N. Winchester, and O. Kragha (2011). Potential U.S. Gas Production, Use, and Trade, Energy Policy, 39, [7] S. Rausch, G. E. Metcalf, and J. M. Reilly (2011). Distributional Impacts of Carbon Pricing: A General Equilibrium Approach with Micro-Data for Households, Energy Economics, 33, S20-S33. Also published as NBER Working Paper No [8] X. Gitiaux, S. Rausch, S. Paltsev, and J. M. Reilly (2012). Biofuels, Climate Policy and the European Vehicle, Journal of Transport, Economics and Policy, 46(1), [9] N. Winchester and S. Rausch (2013). A Numerical Investigation of the Potential for Negative Emissions Leakage, American Economic Review Papers and Proceedings, 103(3), [10] S. Rausch (2013). Climate Policy and Fiscal Consolidation: An Overlapping Generations Perspective, Energy Economics, 40, [11] D. Zhang, S. Rausch, V. Karplus, and X. Zhang (2013). Quantifying Regional Economic Impacts of the CO 2 Intensity Reduction Targets in China, Energy Economics, 40, [12] S. Rausch and M. Mowers (2014). Distributional and Efficiency Impacts of Clean and Renewable Energy Standards for Electricity, Resource and Energy Economics, 36(2), [13] S. Rausch, and V. Karplus (2014). Market vs. Regulation: The Efficiency and Distributional Impacts of U.S. Climate Policy Proposals, The Energy Journal, 35(11), [14] A. Fawcett, L. Clarke, S. Rausch, and J. Weyant (2014). Overview of EMF 24 U.S. Policy Scenarios, The Energy Journal, 35(11), [15] E. Blanc, K. Strzepek, A. Schlosser, H. Jacoby, A. Gueneau, C. Fant, S. Rausch, and J. Reilly (2014). Modeling U.S. Water Resources under Climate Change, Earth s Future, 2(4), [16] T. Thompson, S. Rausch, R. Saari, N. Selin (2014). A Systems Approach to Evaluating the Air Quality Co- Benefits of US Carbon Policies, Nature Climate Change, 4, [17] R. Saari, N. Selin, S. Rausch, and T. Thompson (2015). A Self-consistent Method to Assess Air Quality Cobenefits from US Climate Policies, Journal of the Air and Waste Management Association, 65, [18] J. Caron, S. Rausch, and N. Winchester (2015). Leakage from Sub-national Climate Initiatives: The Case of California, The Energy Journal, 36(2),

7 7 [19] S. Rausch and J. Reilly (2015). Carbon Taxes, Deficits, and Energy Policy Interactions, National Tax Journal, 68(1), [20] K. Tumadia, C. Octaviano, S. Rausch, I. Perez-Arriaga (2015). Modeling Intermittent Renewable Electricity Technologies in General Equilibrium Models, Economic Modelling, 51, [21] B. Lanz and S. Rausch (2016). Emissions Trading in the Presence of Price-Regulated Polluting Firms: How Costly Are Free Allowances?, The Energy Journal, 37(1), [22] J. Abrell and S. Rausch (2016). Cross-Country Electricity Trade, Renewable Energy and European Transmission Infrastructure Policy. Journal of Environmental Economics and Management, 79, [23] V. Karplus, S. Rausch, D. Zhang (2016). Energy Caps: Alternative Climate Policy Instruments for China? Energy Economics, 56, [24] T. Thompson, S. Rausch, R. Saari, N. Selin (2016). Air Quality Co-Benefits of Sub-National Carbon Policies, Journal of the Air and Waste Management Association, 66(10), [25] S. Rausch and G. Schwarz (2016). Household Heterogeneity, Aggregation, and the Distributional Impacts of Environmental Taxes. Journal of Public Economics, 38, [26] J. Abrell and S. Rausch (2017). Combining Prices and Quantities under Partitioned Environmental Regulation. Journal of Public Economics, 145, [27] L. Bretschger, F. Lechthaler, S. Rausch and L. Zhang (2017). Knowledge Diffusion, Endogenous Growth, and the Costs of Global Climate Policy, European Economic Review, 93, [28] F. Landis, S. Rausch, and M. Kosch (201x). Differentiated Carbon Prices and the Costs of Decarbonization. The Environmental and Resource Economics, forthcoming. [29] J. Abrell, S. Rausch, and H. Yonezawa (201x). High Price, Low Costs? Minimum Prices in the EU Emissions Trading Scheme. The Scandinavian Journal of Economics, forthcoming. [30] F. Landis and S. Rausch (201x). Deep Transformations of the Energy Sector: A Model of Technology Investment Choice. Energy Economics, forthcoming. [31] J. Abrell, S. Rausch, and G. Schwarz (201x). How Robust is the Uniform Emissions Pricing Rule to Social Equity Concerns?. Journal of Environmental Economics and Management, forthcoming. Completed Recent Working Papers [32] S. Rausch and H. Yonezawa. The Intergenerational Incidence of Green Tax Reform. Revisions requested from Climate Change Ecconomics. [33] J. Abrell, M. Kosch, S. Rausch. The Economic Costs of Carbon Abatement with Renewable Energy Policies. Revisions requested from Journal of Public Ecconomics. [34] S. Rausch and H. Schwerin. Long-run Energy Use and the Efficiency Paradox. Revisions requested from International Economic Review.

8 8 [35] S. Rausch, F. Landis, M. Kosch, C. Böhringer. Efficient and Equitable Policy Design: Taxing Energy Use or Promoting Energy Savings? Revisions requested from The Energy Journal. [36] D. Zhang and S. Rausch. Capturing Natural Resource Dynamics in Top-Down Energy-Economic Equilibrium Models. [37] J. Abrell, S. Rausch, and C. Streitberger. The Economics of Renewable Energy Support. Performance in Rankings and Citations Ranked among top 100 economists in 2017 Handelsblatt ranking [from more than economists in or from German-speaking area (Germany, Switzerland, and Austria)]: #71 in category Current research output (based on past 5 years) #37 in category Economists under the age of 40 (based on lifetime research output). Worldwide RePEc ranking: among the top 6% of economists based on Last 10 years of publications. My Google scholar statistics can be accessed here. Seminars, Lectures, and Conference Presentations 2017: 2016: SCCER CREST Annual Conference, St. Gallen, September 2017 (invited). 15th European International Association for Energy Economics (IAEE) Conference, Vienna, September, International Energy Workshop, U Maryland, July Association of Environmental and Resource Economists (AERE) 6th Annual Summer Conference, Pittsburgh, June SNF/National Research Programme 71 Managing Energy Consumption, Stakeholder Dialog, Bern, May 2017 (invited). IRENE Seminar, Department of Economics, University of Neuchatel, November 2016 (invited). European Economic Association (EEA) Annual Meeting, Geneva, August Ecomod Annual Conference, Lisboa, July Atlantic Workshop on Energy Economics, A Toxa, June European Association of Environmental and Resource Economists (EAERE), Zurich, June Association of Environmental and Resource Economists (AERE) Summer Conference, Denver, June Annual GTAP conference, Washington DC, June 2016.

9 9 2015: 2014: 2013: Educational Workshop, Simulation Lab, SCCER CREST Workshop, Zurich, March 2016 (organizer). SCCER CREST Conference, Ascona, January 2016 (invited). Energy Science Center, Workshop on Frontiers in Energy Systems Modelling, Zurich, Switzerland, November 2015 (invited). SCCER CREST Annual Conference, St. Gallen, Switzerland, September 2015 (invited). European Association of Environmental and Resource Economics (EAERE), Annual Conference, Helsinki, Finland, June Seminar, Department of Economics and International Public Policy Institute, University of Strathclyde, Glasgow, Scotland, June 2015 (invited). German Economics Association (VfS), Ausschuss für Umwelt und Ressourcenökonomik, Heidelberg, Germany, April 2015 (invited). International Modeling Workshop, Korean Environment Institute, United Nations Environment Programme, Seoul/Jeju Island, South Korea, March 2015 (invited). University of Dresden, Department of Economics, Germany, February 2015 (invited). University of Oldenburg, Department of Economics, Germany, January 2015 (invited). Energy Science Center and Forum für Aussenpolitik ( foraus ), ETH Zurich, Switzerland, December 2014 (invited). 14th European Conference of the International Association for Energy Economics (IAEE), Rome, Italy, October, Stanford Energy Modeling Forum (EMF) 32, Washington D.C., U.S., October 2014 (invited). Universita della Svizzera Italiana, Department of Economics, Lugano, Switzerland, October 2014 (invited). Annual Meeting of German Economics Association (VfS), Hamburg, Germany, September World Congress of Environmental and Resource Economists, Istanbul, Turkey, June Workshop on Public Finance and Climate Policy, Potsdam Institute for Climate Impact Research, Berlin, Germany, May 2014 (invited). Lunch Seminar, MIT Energy Initiative & Joint Program on the Science and Policy of Global Change, Massachusetts Institute for Technology, Cambridge, U.S., February 2014 (invited). Climate Policy Conference, European University Institute Florence, Italy, October 2013 (invited). Annual Meeting of German Economics Association (VfS), Düsseldorf, Germany, September European Economic Association (EEA) Annual Meeting, Gothenburg, Sweden, August th European Conference of the International Association for Energy Economics (IAEE), Düsseldorf, Germany, August 2013.

10 : 2011: 2010: Swiss Society of Economics and Statistics (SSES) Annual Meeting, Neuchatel, Switzerland, June Association of Environmental and Resource Economists (AERE) Summer Conference, Banff, Canada, June 2013 (invited session). Seminar, Fondazione Eni Enrico Mattei (FEEM), Milano, Italy, March 2013 (invited). European Economic Association (EEA) Annual Meeting, Malaga, Spain, August Annual Global Trade Analysis Project (GTAP) conference, Geneva, Switzerland, June th Atlantic Workshop on Energy and Environmental Economics, Vigo, Spain, June Macroeconomics and Climate Change, Yale University and Cowles Foundation, New Haven, U.S., June 2012 (invited). Seminar, Northeast States for Coordinated Air Use Management (NESCAUM), Boston, May Energy Science Center Workshop on Integrated Energy Models, ETH Zurich, Switzerland, April Workshop on Modelling in Energy Economics, ETH Zürich, Switzerland, January 2012 (invited). Stanford Energy Modeling Forum 24, Washington, D.C., U.S., December 2011 (invited). INFORMS Annual Meeting, Charlotte, U.S., November 2011 (invited). Joint Program Lunch Seminar, Massachusetts Institute of Technology, Cambridge, U.S., October Electric Power Research Institute, Environment Advisory Meeting, Global Climate Change Area Council, Albuquerque, New Mexico, U.S., September 2011 (invited). Annual Meeting of the European Economic Association (EEA), Oslo, Norway, August Agricultural & Applied Economics Association (AAEA) Annual Meeting, Pittsburgh, U.S., July XXXII MIT Global Change Forum, Massachusetts Institute of Technology, Cambridge, U.S., June 2011 (invited, research briefing for Joint Program sponsors). Annual Global Trade Analysis Project (GTAP) conference, Venice, Italy, June Stanford Energy Modeling Forum 24, University of Maryland, May 2011 (invited). Joint Program Lunch Seminar, Massachusetts Institute for Technology, Cambridge, U.S., April 2011 (invited). JISEA Annual Meeting, National Renewable Energy Laboratory (NREL), Golden, Colorado, U.S., March 2011 (invited). Research presentation sponsor, Massachusetts Institute for Technology, Cambridge, U.S., February 2011 (invited, research briefing for industry sponsor). Pricing Carbon in Europe and the US, Workshop, Université Paris-Dauphine, France, November 2010 (invited). Regional Energy Modeling Workshop, Electric Power Research Institute (EPRI), Washington, D.C., U.S., October 2010 (invited).

11 11 Stanford Energy Modeling Forum (EMF) 24, Washington D.C., U.S., October 2010 (invited). Seminar, National Renewable Energy Laboratory (NREL), Renewable Energy Futures, Golden, Colorado, U.S., September 2010 (invited). World Congress of Environmental and Resource Economists, Montreal, Canada, July Expert Workshop on the Economics of Climate Change, South African National Treasury and World Bank, Pretoria, South Africa, June 2010 (invited). EPPA Seminar, Massachusetts Institute of Technology, Cambridge, U.S., June Center for Energy and Environmental Policy Research (CEPR), MIT Spring Workshop, Massachusetts Institute of Technology, Cambridge, U.S., April 2010 (invited). Seminar, Department of Agricultural Economics, Purdue University, West Lafayette, Indiana, U.S., March 2010 (invited). University of Chicago Energy Initiative and Resources for the Future (RFF), and University of Illinois Energy Policy Symposium, Washington D.C., U.S., January 2010 (invited) and before: American Tax Policy Institute Conference on U.S. Energy Tax Policy, Washington D.C., U.S., October 2009 (invited). U.S. Energy Economics Modeling Meeting, Massachusetts Institute of Technology, Cambridge, U.S., October Joint Program Lunch Seminar, Massachusetts Institute of Technology, Cambridge, U.S., April EPPA Seminar, Massachusetts Institute of Technology, Cambridge, U.S., October Annual Meeting of German Economics Association (VfS), LM University Munich, Germany, September Far Eastern Meeting of the Econometric Society, Institute of Economics, Academia Sinica, Taipei, Taiwan, July New Developments in Macroeconomic Modelling and Growth Dynamics, Faro, Portugal, September Zurich, Dezember 2017