The role of economics in future environmental regulation. We are all breathing into paper bags. What is at stake in Tuesday’s election is beyond measure. If you do not feel … Continue Reading Sticks and Stones or Prices and Quantities?
Tweaking the market will help, but so will recognizing its limits. After California’s May allowance auction settled at the minimum price and generated almost no revenues for the state, the … Continue Reading Understanding and Refining Emissions Markets
Industry and utility customers should chip in to support the carbon price floor. The Covid-19 crisis has led to all sorts of dramatic changes in lifestyles and economies. The energy … Continue Reading The High Cost of Low Carbon Prices
2019 was a record year for the Mystery Surcharge, which is bad news for drivers and the state’s economy. If the price of gasoline stays inexplicably high and the media … Continue Reading California’s Mystery Gasoline Surcharge Strikes Back
A young “Climate Warrior” sails into New York with a powerful message. Christopher Columbus in 1492 found some evidence supporting the theory that the Earth is actually round. (Pythagoras “a … Continue Reading The Economic Case For Greta Thunberg
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?
Addressing, and even measuring, EJ is harder than it looks. Lots of people are talking about environmental injustice – from the Flint drinking water crisis to claims that cap-and-trade policies … Continue Reading An Economic Perspective on Environmental Justice