Our network

cost-benefit analysis

Valuing demand destruction … critical to understanding value of clean energy action

October 28, 2009 by A Siegel
with 185 views
0

There are many things being lost in the discussion of the cost-benefit equation when it comes to mitigating global warming. When doing cost-benefit analyses, organizations like the Congressional Budget Office (CBO) and Environmental Protection Agency (EPA) are constrained to consider just one quadrant of what could be considered (in... [read more]

EPA fails to think in four quadrants: Valuing Climate Legislation

October 25, 2009 by A Siegel
with 66 views
0

Much noise is made over varying calculations associated with climate legislation. There is the disinformation fed from fossil foolish interests misrepresenting the situation. And, there are official studies from government institutions like the Congressional Budget Office (CBO) and Environmental Protection Agency (EPA) that seek to do... [read more]

Apparently some environmentalists do recognize trade-offs

September 17, 2009 by Tim Haab
with 55 views
0

The basis of any sound economic policy is the recognition that any new policy involves trade-offs--costs and benefits--no free lunch...From the Columbus Dispatch: A Bush administration plan to cut smog in Columbus and cities across the United States might not be tough enough to protect people's health, the Obama... [read more]

The Other Side of the Coin: The Economic Benefits of Climate Legislation

September 14, 2009 by Joseph Romm
with 248 views
2

As award-winning journalist Eric Pooley concluded in a comprehensive study of the media’s mistakes and biases during the Lieberman-Warner climate bill debate, “The press failed to perform the basic service of making climate policy and its economic impact understandable to the reader and allowed opponents of climate action to set the... [read more]

Ruled by Models

July 13, 2009 by RyanAvent
with 81 views
0

An increasingly common approach to climate rules by those looking to stop them is to draw up a cost-benefit model or rely on cost-benefit analysis, point at the numbers, and declare that they just don’t add up. Robert Stavins, who knows from cost-benefit analysis, offers a useful corrective which closes: Although formal benefit-cost... [read more]

Is Benefit-Cost Analysis Helpful for Environmental Regulation?

July 8, 2009 by Robert Stavins
with 156 views
0

With the locus of action on Federal climate policy moving this week from the House of Representatives to the Senate, this is a convenient moment to step back from the political fray and reflect on some fundamental questions about U.S. environmental policy. One such question is whether economic analysis - in particular, the comparison of... [read more]

Judge Sonia Sotomayor on Energy & Environment

May 26, 2009 by Joseph Romm
with 69 views
0

President Obama has chosen federal appeals judge Sonia Sotomayor for the Supreme Court.  The African American Environmentalist Association has an extended discussion of her energy and environmental views, reprinted below:Judge Sonia Sotomayor [above] wrote an opinion in Riverkeeper v. EPA, 475 F.3d 83 (2d Cir. 2007), that the EPA was... [read more]

Environmental Ethics and Benefit-Cost Analysis

May 25, 2009 by John Whitehead
with 367 views
1

I’m serving on a panel of environmental economists at the September 2009 “Business and Environmental Ethics Conference” hosted by the Walker College of Business at Appalachian State University (here is the link to last years ethics conference [I'm hoping I'm able to post a video afterwards!]). Not knowing anything, at all, about ethics... [read more]