Tag Archives: carbon tax

Raise the Gas Tax

On January 1st, California’s cap-and-trade program was expanded to include gasoline and diesel.  Allowance prices are currently $12.58/ton (link), so this increases gasoline prices by $0.10 per gallon and increases diesel prices by about $0.13 per gallon (Severin’s post goes through … Continue reading

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The Big Stick: Cap and Trade in the Peoples Republic of Carbon

Many of us have argued that a patchwork of national or subnational climate policies is a largely pointless undertaking unless the big two (United States and China) are part of that patchwork. The US has taken some steps towards national … Continue reading

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The Yoga Theorem

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 around something called the “Yoga Theorem.” This almost universal truth … Continue reading

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Slutsky strikes again: Greece’s air pollution problem

Greece is currently in one of the worst recessions in post war history and incomes are down across the board. Air pollution levels, however, are at their worst levels in decades. Major Greek cities like Thessaloniki and Athens are experiencing … Continue reading

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Is demonizing “big carbon” a strategy or a copout?

Are we really being tricked, bullied or seduced into burning fossil fuels?  That seems to be the message behind two arguments made recently by prominent advocates for climate action: we should blame the producers of fossil fuels for the failure … Continue reading

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Leaking Pet Coke

Blogging is much harder when all government websites I rely on for my morning entertainment are shut down. This past week, mostly due to a few inquiries from reporters, I have learned a lot about Petroleum Coke. For those of … Continue reading

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Learning and Forgetting the Wisdom of Coase

I was an Assistant Professor at the University of Michigan in 1985 when our downsizing department library put a stack of old journals in the hallway for disposal.  Walking by the pile, I spotted the 1960 Journal of Law and … Continue reading

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