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What are the Benefits and Costs of EPA's Proposed CO2 Regulation?

­On June 2nd, the Obama Administration’s Environmental Protection Agency (EPA) released its long-awaited proposed regulation to reduce carbon dioxide (CO2) emissions from existing sources in the electricity-generating sector.  The...

Posted June 23, 2014    

EPA's Proposed Greenhouse Gas Regulation: Why are Conservatives Attacking its Market-Based Options?

The Obama Administration’s Environmental Protection Agency (EPA) released its long-awaited proposed regulation to reduce carbon dioxide (CO2) emissions from existing sources in the electricity-generating sector.  The regulatory (rule) proposal...

Posted June 9, 2014    

Understanding the IPCC: An Important Follow-Up

A week ago, I wrote at this blog about my recent frustrations with the government approval process of one part of the Summary for Policymakers (SPM) of the Intergovernmental Panel on Climate Change (IPCC) Fifth Assessment Report (AR5) Working Group...

Posted May 6, 2014    

Is the IPCC Government Approval Process Broken?

Over the past 5 years, I have dedicated an immense amount of time and effort to serving as the Co-Coordinating Lead Author (CLA) of Chapter 13, “International Cooperation:  Agreements and Instruments,” of Working Group III (Mitigation) of the...

Posted April 30, 2014    

Can There Be a Positive Prognosis for Climate Negotiations?

I’m writing this brief essay on board my flight to the USA from Europe (where I participated in a workshop at the Center for European Economic Research (ZEW) in Mannheim, Germany).  It was an interesting event, the substance of which (the “...

Posted March 18, 2014    

Will Europe Scrap its Renewables Target? That Would Be Good News for the Economy and for the Environment

The European Union is considering scrapping the use of binding renewable energy targets as part of its global climate change policy mix that will extend action from 2020 to 2030.  The Financial Times reported that this move – presumably due to...

Posted January 20, 2014    

The Warsaw Climate Negotiations, and Reason for Cautious Optimism

The Nineteenth Conference of the Parties (COP-19) of the United Nations Framework Convention on Climate Change (UNFCCC) came to a close in Warsaw, Poland, on Saturday, November 23rd, after what has become the norm – several all-night sessions...

Posted December 2, 2013    

Climate Change, Public Policy, and the University

Over the past year or more, across the United States, there has been a groundswell of student activism pressing colleges and universities to divest their holdings in fossil fuel companies from their investment portfolios.  On October 3, 2013,...

Posted October 24, 2013    

Remembering the Contributions of Ronald Coase

On September 2nd, Ronald Coase, professor emeritus of economics at the University of Chicago Law School, Nobel laureate, and principal creator of the academic field of law and economics, passed away at the age of 102.  Numerous, lengthy...

Posted September 16, 2013    

Economics and Politics in California: Cap-and-Trade and Trade Exposure

In my previous essay at this blog – The Importance of Getting it Right in California – I wrote about the precedents and lessons that  California’s Global Warming Solutions Act (AB 32) and its greenhouse gas (GHG) cap-and-trade system will have...

Posted August 19, 2013    

On the Origins of Research

In response to “On Becoming an Environmental Economist,” several readers suggested that someday I should write about the origins of my various research initiatives over the past 25 years.  Today, I’m doing that sooner than anyone might have...

Posted August 13, 2013    

Thinking About the Energy Efficiency Gap

Adoption of energy-efficient technologies could reap both private and social rewards, in the form of economic, environmental, and other social benefits from reduced energy consumption. Social benefits include improvements in air quality, reduced...

Posted August 6, 2013