Environmental issues and policies are increasingly intertwined with economic performance, planning, and strategy in virtually every sector of the economy. With the addition of two new Senior Vice Presidents—Dr. Anne E. Smith and Dr. W. David Montgomery—to the firm’s Energy, Environment, and Network Industries Practice, NERA has solidified its position as the preeminent consulting firm in the critical field of environmental and energy economics. Dr. Smith and Dr. Montgomery join NERA Senior Vice President Dr. David Harrison and the rest of the firm’s exceptional environment team in helping clients manage and plan for new policies, market changes, and regulatory and litigation challenges.
Dr. Smith and Dr. Montgomery are internationally recognized experts on environmental and energy economics, with extensive experience in industries electricity, natural gas, coal, and oil. Before joining NERA, they were with Charles River Associates; Dr. Smith was formerly Practice Leader of Climate & Sustainability and Dr. Montgomery was formerly co-head of the Energy and Environment Practice.
Dr. Smith is an expert in environmental policy assessment and corporate compliance strategy planning, specializing in market impact analysis, risk management, integrated policy assessment, and especially the design and performance of emissions trading programs. Dr. Smith has analyzed most major air quality policy issues, including global climate change, multi-pollutant policy, particulate matter ambient standards, regional haze, mercury, and acid deposition. Dr. Smith is a former Vice President and policy analysis practice leader at Decision Focus Incorporated, and served as an economist in the Office of Policy Planning and Evaluation at the US Environmental Protection Agency. She holds a BA in economics from Duke University, and MA and PhD degrees in economics from Stanford University.
Dr. Montgomery is an expert on the economic issues associated with climate change policy, and testifies as an expert witness in state and federal courts on antitrust and damages cases dealing with petroleum and natural gas markets. His scholarly work is frequently published in peer-reviewed journals, and Congressional committees have requested his testimony on climate change, issues affecting oil and gas markets, and other energy market and environmental issues on numerous occasions. He advises clients on the strategic implications of changes in energy and environmental policies and energy markets.
Dr. Montgomery has served as assistant director of the US Congressional Budget Office and deputy assistant secretary for policy at the US Department of Energy, and has taught economics at the California Institute of Technology and Stanford University. He holds a PhD in economics from Harvard University and was a Fulbright Scholar at Cambridge University.