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Economic Stimulus Policy

Cap-and-Trade, Carbon Taxes, and My Neighbor's Lovely Lawn

Robert Stavins | Posted 05.15.2013 | Green
Robert Stavins

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.

Low Prices a Problem? Making Sense of Misleading Talk About Cap-and-Trade in Europe and the USA

Robert Stavins | Posted 04.28.2012 | Green
Robert Stavins

Since when are low prices considered to be a problem? To understand what's going on, we need to remind ourselves of the purpose (and promise) of a cap-and-trade regime, and then look at what's been happening in the respective markets.

Economics of the Environment

Robert Stavins | Posted 03.31.2012 | Green
Robert Stavins

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 Credit Downgrade and the Congress: Why Polarized Politics Paralyze Public Policy

Robert Stavins | Posted 10.11.2011 | Politics
Robert Stavins

No matter how one feels about the wisdom of Standard & Poor's downgrading of long-term U.S. debt, the issue of greater concern should be their assessment of the state of the U.S. body politic.