Right now even modest steps taken to use less gasoline and diesel would have a big impact on prices. With or without formal sanctions, oil buyers are shunning Russian crude, … Continue Reading Small Actions Matter for Reducing Oil Consumption
Can we get more carbon mileage out of politically passable climate policy? Build Back Better (BBB) prospects are not looking so good. And the problem with swinging for the fences … Continue Reading Fighting Climate Change With Tax Credits
2021 felt a bit like “The Empire Strikes Back” towards the end there. The Energy policy revolution is still frozen in carbon(ite), largely thanks to Joe “Lando Calrissian” Manchin. Combine … Continue Reading Five Areas of Energy and Climate Progress to Watch for in 2022
Provocative new research delivers a carbon offset reality check. There’s lots to unpack from the COP26 meetings in Glasgow. One development that has economists talking is an agreement on how … Continue Reading Carbon Offsets Get a Green Light in Glasgow
Carbon is the new calorie… but it’s much harder to count. Sustainable investing is taking off. Precise numbers are hard to pin down. As are precise definitions of what “sustainable” … Continue Reading Here Comes Climate Disclosure Regulation
And the differences could undermine the program. [Today’s blog is a joint effort of Severin Borenstein, James Bushnell, Steve Cicala and Ryan Kellogg] The Clean Electricity Performance Program (CEPP) is … Continue Reading The CEPP is Not a Clean Energy Standard
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