I am in the market for a new car. At a recent visit to a Ford dealer I was confronted with the choice between the regular hybrid-electric version of the … Continue Reading Plug in Hybrid – Saving Carbon and Dollars?
Many of us have argued that a patchwork of national or subnational climate policies is a largely pointless undertaking unless the big two (United States and China) are part of … Continue Reading The Big Stick: Cap and Trade in the Peoples Republic of Carbon
While preparing a lecture for the 4th Berkeley Summer School in Environmental and Energy Economics, I returned to contemplating the regulation of biofuels as part of a federal strategy to … Continue Reading What’s the goal and point of national biofuel regulation?
A relatively recent econometric literature examines the impact of weather/climate on a variety of outcomes of economic interest. In order to provide an estimate of a climate impact you need … Continue Reading What we don’t know about economic climate change impacts
With yesterday’s historical release of the EPA’s new carbon emissions policy, I took an extra day to comb through and digest the news. I have organized my intermediate microeconomics class … Continue Reading The Yoga Theorem
We empirical economists get very excited about finding or generating new data sets. There are big returns to splicing together different data sources to answer new and interesting questions. This … Continue Reading Your tax dollars hard at work. EIA’s new data portals.
It just doesn’t add up. Why I think not building Keystone XL will likely leave a billion barrels worth of bitumen in the ground.
I am not a fan of blanket statements. Whenever oil sands come up in casual conversation, many of my economist friends argue that “the stuff will come out of the … Continue Reading It just doesn’t add up. Why I think not building Keystone XL will likely leave a billion barrels worth of bitumen in the ground.