New research examines the economics of cordon zones. Source: Wikimedia Autumn means different things to different people—for some it’s the changing leaves, for others it’s college football, or decorative gourds, … Continue Reading Cordon Zone Pricing: An Essential Tool for a Better Transportation Future
What can we learn from California’s pioneering efforts to price carbon at the border? Everybody’s talking about border carbon adjustments. The EU has announced its plan to tax the emissions … Continue Reading The Whac-a-Mole Economics of Border Carbon Adjustments
When it comes to electrification, all energy prices matter. While a lot of behavior that harms the environment is due to misguided libertarianism or selfishness, much of it also comes … Continue Reading Decarbonization Will Require Pricing Reform
Lowering pollution exposure of disadvantaged California communities. Economists are (perceived to be) notoriously annoying in conversations. The first question that often comes out of our big mouths is “what is … Continue Reading Cars, Trucks and Buses or Power Plants?
Electric Freight Transport’s Benefits Depend on Grid Decarbonization! While much of the debate around cleaning up the transportation sector has focused on the types of cars you and I drive, … Continue Reading Electrifying Big Rigs?
If a cap is not really a cap, what does that make an offset? Even though the Biden administration has made it very clear that they do not want to … Continue Reading When Did Environmentalists Stop Hugging Trees?
(This blog is co-authored with Reed Walker). Offset markets for air pollution don’t worsen environmental inequality, though they also don’t improve it. One of the Biden Administration’s top two environmental priorities, along … Continue Reading Environmental Markets and Environmental Justice