Pricing carbon will help drive R&D, but the market will still be bumpy. Virtually all economists agree that one of the biggest selling points for pricing greenhouse gases (GHGs) – … Continue Reading Cap-and-Trade and Innovation
A nuanced look at politicians’ favorite policy tool. Everyone likes a puppy. You get a puppy you’re immediately in love. You never want to get rid of it. Puppies also … Continue Reading Subsidies and Puppies.
It’s time for lawmakers to make the $3 billion per year puzzle a priority. It’s not going away. Back in October, I blogged, and published an op-ed about California’s mystery … Continue Reading California’s Mystery Gasoline Surcharge Continues
Time for Washington to become the first U.S. state with a carbon tax. How often do you have an opportunity to change history? The Washington State legislature does right now. … Continue Reading The Evergreen State’s Golden Opportunity to Lead on Climate
Unused allowances are not an existential threat to the state’s market for greenhouse gases Today’s blog is co-authored with fellow EI blogger, Jim Bushnell. One of the most prominent and most … Continue Reading California’s Carbon Cap is Not in Jeopardy, Because It’s Not Really a Cap
A recent working paper shows that insights from behavioral economics help explain consumers’ choices in a demand response program. Richard Thaler won the Nobel Prize in Economics last month, making … Continue Reading Another Victory for the Behavioral Economists
UPDATE: The day after I posted this blog, I learned that the tax structure problem that I noted here was actually largely corrected by the same legislation (SB1) that introduced … Continue Reading California’s Real Gasoline “Tax” Problems