Volkswagen’s new advertising campaign raises some questions. VW committed a crime. They lied about emissions testing for their Diesel powered vehicles and got caught. This affected about 500,000 cars in … Continue Reading Forgive and Forget?
Recent sales of U.S. nuclear plants raise questions about safety, liability, and economic incentives. (Today’s post is co-authored with Catherine Hausman, an assistant professor at the University of Michigan.) Last … Continue Reading Nuclear Moral Hazard
A recent working paper highlights the importance of accounting for environmental protection in measures of GDP. Last November, I gained new appreciation for clean air. It wasn’t because I went … Continue Reading A Better Way to Measure Economic Growth
What would the Lorax say about today’s forest offsets? The race is on. Democratic presidential candidates are jockeying for position. And climate change is emerging as a top priority. Jay … Continue Reading Are Trees Getting Too Much Climate Credit…or Not Enough?
Energy efficiency world views collide. There are two dueling, strongly held, views on the definition of energy efficiency. The idea of energy efficiency, at least to economists, is to overcome … Continue Reading How Much Electricity Consumption Is Too Little?
Install more parking at commuter rail stations, not just solar panels. I love me a good solar panel. I have them on my house and on my calculator. And, I’m … Continue Reading A Tale Of Two Stations
Californians have paid over $1800 per household. Now can we please find out why? California gas prices are over the dreaded $4 mark. That turns out to generate a lot … Continue Reading The Mystery Gasoline Surcharge Gets Some Respect