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?
It has a face that only economists can love? We economists have long been enamored with carbon pricing. The concept is simple and sensible. If the economic damages from greenhouse … Continue Reading The Trouble with Carbon Pricing
A GHG tax alone doesn’t solve the global need for low-cost alternative technologies Economists seldom discuss climate change without someone opining that it is simply an externality that can be … Continue Reading Pricing Carbon Isn’t Enough
Today EVs are driven much less than other cars, which has big implications for the environment. Where in the country you drive an electric vehicle matters a lot for the … Continue Reading All Charged Up, No Place to Go
A new policy proposal uses bad science to undermine the Social Cost of Carbon. The most important number in environmental economics that most people have never heard of is called … Continue Reading Whose Climate Damages Should Count?
Even my favorite colleagues can’t agree. When you listen to conversations between energy economists about pretty much anything, it often feels like an episode of Debbie Downer. We find something … Continue Reading How Local Should Your Energy Retailer Be?
Progressive fines for traffic violations may make economic sense. I cross a busy intersection on one of my regular jogging routes. I have been nearly run over numerous times by … Continue Reading Should Rich People Pay Higher Speeding Tickets?