The Warsaw meetings must be judged to be at least a modest success -- the baton was not dropped, rather it was passed successfully in this long relay race of negotiations.
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In 1998 and for the subsequent eight years or so, I remained agnostic regarding what I viewed as the trade-offs between cap-and-trade and carbon taxes. What happened to change that? Three words: The Hamilton Project.
In 2009, the U.S. Congress considered but ultimately failed to enact legislation aimed at limiting U.S. greenhouse-gas (GHG) emissions. The bill unde...
The Sixth Edition of Economics of the Environment: Selected Readings has just been published by W. W. Norton & Company of New York and London. Throug...
The new debate over climate change is repeating the confusion that was prevalent in the press about the allowance allocation in the Waxman-Markey legislation in the House of Representatives.
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