What Can Carbon Pricing Do?
It won’t reduce energy use much, but it can fundamentally alter where that energy comes from. A decade ago, there seemed to be a Kumbaya trend in climate policy. Politicians … Continue Reading What Can Carbon Pricing Do?
The Economic Case For Greta Thunberg
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
Are Trees Getting Too Much Climate Credit…or Not Enough?
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?
The Trouble with Carbon Pricing
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
Pricing Carbon Isn’t Enough
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
All Charged Up, No Place to Go
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
Whose Climate Damages Should Count?
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?
