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
When it comes to electrification, all energy prices matter. While a lot of behavior that harms the environment is due to misguided libertarianism or selfishness, much of it also comes … Continue Reading Decarbonization Will Require Pricing Reform
Unequal access to air conditioning has important implications for productivity, health, and education. (Today’s post is co-authored by Stephen Jarvis, an assistant professor in the Department of Geography and Environment … Continue Reading Air Conditioning and Global Inequality
Lowering pollution exposure of disadvantaged California communities. Economists are (perceived to be) notoriously annoying in conversations. The first question that often comes out of our big mouths is “what is … Continue Reading Cars, Trucks and Buses or Power Plants?
New Energy Institute paper asks what the “electrify everything” movement could mean for natural gas customers who are left behind. (Today’s post is co-authored by Catherine Hausman, an associate professor … Continue Reading Who Will Pay for Legacy Utility Costs?
If a cap is not really a cap, what does that make an offset? Even though the Biden administration has made it very clear that they do not want to … Continue Reading When Did Environmentalists Stop Hugging Trees?
Accounting for equity in social cost calculations has huge consequences. I have been really uncool for most of my life and continue to be proud of that fact. All the … Continue Reading Shouldn’t We Weight?