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jim roumasset

Who wrecked Copenhagen: China or economists?

January 12, 2010 by John Whitehead
with 124 views
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Guest post from Jim Roumasset: A popular guardian.co.uk report is making the rounds, even among economists, to the effect that China wrecked the prospective Copenhagen deal. I think the famous Pogo cartoon is more on the mark -- "We have met the enemy and he is us!"  We economists have yet to come up with a win-win proposal based... [read more]

On Fullerton and Karney's "evaluation" of the Waxman permit allocation

December 30, 2009 by John Whitehead
with 183 views
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Guest post from Jim Roumasset: The editors of The Economists' Voice claim that Fullerton and Karney give the Waxman-Markey bill "minimally passing marks," though you won't find that in the actual article. F-K's figure 1 shows that 30% of permits under Waxman-Markey would be initially auctioned off, with the percentage falling to an... [read more]

Would you dump your girlfriend? Further thoughts

December 8, 2009 by John Whitehead
with 131 views
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[Guest post from Jim Roumasset] Sometimes crass analogies help to focus attention. Before dumping your girl/boyfriend, you might consider 1) whether s/he is better than nobody and 2) the prospects for improving the relationship. From Nordhaus and others, an ideal cap and trade system is better than nothing, but many cap and trade... [read more]

It's getting better all the time... or is it?

October 6, 2009 by John Whitehead
with 163 views
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Guest post from Jim Roumasset:RFF's Weathervane Blog has a brief side-by-side comparison of Kerry-Boxer and Waxman-Markey. Environmental economics has clearly influenced the debate. Some outstanding issues:                     ... [read more]

Did Mankiw miss the point of the double dividend debate?

October 1, 2009 by John Whitehead
with 97 views
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Stil another guest post this week from Jim Roumasset: I don't see anything wrong either Mankiw's 8/16 NYT piece, wherein he discuss the merits of various carbon policies, nor his follow-up Mankiw's Economic View piece, as far as they go. In particular, he has not missed the point of the double dividend debate. Environmental taxation was... [read more]

Carbon taxes vs. caps: one more time

September 28, 2009 by John Whitehead
with 110 views
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Guest post from Jim Roumasset: As Paul Krugman says, bad ideas are like New York cockroaches; you can flush them down, but they keep coming back. This is nowhere more the case than in the debate on carbon taxes vs. tradable permits. Taxes are better we are told because they generate more revenue. In contrast, cap and trade is said to... [read more]