With the looming expansion of its cap-and-trade program to transportation fuels like gasoline, California is fast approaching a significant moment of truth for its climate policy. This has some people … Continue Reading Cap-and-Trade’s Moment of Truth
[This post is co-authored with my three collaborators in cap-and-trade work for the California Air Resources Board: Frank Wolak, Jim Bushell and Matt Zaragoza-Watkins.] California’s year-and-a-half old cap-and-trade market for … Continue Reading What’s the Worst That Could Happen?
If you are embarking on a new weight loss plan, it typically makes sense to pursue a mixed strategy of diet and exercise. If you are working to get your … Continue Reading Swapping negawatts for megawatts under the EPA’s proposed Clean Power Plan
Last week, following years of anticipation, the shoe finally dropped on EPA carbon regulations. Two or three things are notable in this. First, we’re on the road to a national climate policy! … Continue Reading EPA and climate regulation: Mind the gaps
Much was made last week about the flexibility of the EPA’s proposed new power plant regulations. According to EPA administrator Gina McCarthy, it “gives states the flexibility to chart their … Continue Reading Unlocking Cost Savings with Cap-and-Trade
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
Last week, Severin posted a great piece on household electricity consumption. Armed with a simple metering device and your energy bill, you can easily measure how your various household appliances … Continue Reading Cap-and-Trade Throws a Wrench into the Gears of Green Consumerism