Sign up | Login with →

Posts by Gernot Wagner Subscribe

One person's cost, another's opportunity

Transitioning into a new, low-carbon energy future costs money. No doubt about it. Yet the flip-side of cost is opportunity. Pew just released a new study on Global Clean Power: A $2.3 Trillion Opportunity. Is this just a smart attempt at rebranding...

Posted December 9, 2010    

No jobs in economic modeling

Co-authored with Nat Keohane. Last week Nat Keohane and I tried to shed some light on the inner workings of economic models when it comes to jobs. Among other more specific statements around climate policy, we also said that, many macroeconomic...

Posted December 7, 2010    

What's the matter with Arkansas?

Midwestern states have traditionally been reluctant to embrace cap and trade. Now it looks like they may well turn into some of the larger beneficiaries of the California cap-and-trade system. The largest supplier of likely carbon offsets for the...

Posted November 30, 2010    

Two proposals and a reality check

Yesterday's New York Times published three terrific op-eds worth a second thought. Veerabhadran Ramanathan and David Victor argue that, "To Fight Climate Change, Clear the Air." Carbon is the main climate culprit, but we can't ignore and might as...

Posted November 29, 2010    

$100 billion in 1000 words

The Copenhagen Accord enshrined $100 billion as the target for north-south climate finance flows by 2020. Earlier this month, the U.N. high-level Advisory Group on climate change Financing (AGF) issued its final report on how to get there. My...

Posted November 24, 2010    

Bending the curve

Cutting emissions is about creating opportunities for new, clean energy sources, not about crashing economies. The Great Recession saw a crash with the most severe consequences for employment and other measures of economic output since the Great...

Posted November 23, 2010    

Everything's Amazing, Until You illuminate It: Achieving Environmental Accountability

We live twice as long as people only ten generations ago. We are richer, much richer than anyone alive two generations ago. Or in other words, it once took weeks, months, or years to make it from sea to shining sea. Now, flying from California to...

Posted November 19, 2010    

Contingent valuation critic wins the Nobel Prize*

By Tim Haab, Environmental EconomicsFrom the NYTimes: The 2010 Nobel Memorial Prize in Economic Science was awarded on Monday to Peter A. Diamond, Dale T. Mortensen and Christopher A Pissarides for their work on markets where buyers and sellers...

Posted October 11, 2010    

Here we go again: Tax gas or mileage?

For decades, paying for roads has been fairly straightforward. Motorists pay at the pump through gasoline taxes. It's more or less fair, too: The more you drive, the more you pay. But more and more, people involved in transportation planning and...

Posted August 2, 2010    

The case for strong climate policy is simple. A cap on carbon pollution is, too.

Edward L. Glaeser makes the case for simplicity in addressing climate change. I couldn’t agree more with his premise. The basic economics are indeed simple. Climate change might be the largest market failure the world has ever seen. To correct it,...

Posted May 21, 2010    

Stavins on climate Federalism

While I was busy refining Whitehead's Law, other folks were thinking big about climate change legislation. Rob Stavins, in the Boston Globe, says that state cap-and-trade bills should back off if the Feds get it in gear (but, it is hard to...

Posted April 26, 2010    

Climate economics news, New York Times edition

You know something's up, if "All the News That's Fit to Print" seems to be all climate all the time. Today's New York Times contains no fewer than six articles that have climate change and climate economics as their central themes -- and that...

Posted March 29, 2009