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Free Rider Problem

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

Robert Stavins | Posted 10.08.2014 | Green
Robert Stavins

The Obama Administration's proposed regulation of existing power-sector sources of CO2 has the potential to be cost-effective, and if you accept these numbers, it can also be welfare-enhancing, if not welfare-maximizing.

Is the IPCC Government Approval Process Broken?

Robert Stavins | Posted 06.27.2014 | Green
Robert Stavins

Several of the CLAs present with me in Berlin commented that given the nature and outcome of the week, the resulting document should probably be called the 'summary by policymakers,' rather than the 'summary for policymakers.'

The Warsaw Climate Negotiations, and Reason for Cautious Optimism

Robert Stavins | Posted 03.12.2014 | Green
Robert Stavins

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.

Geoengineering: Ignore Economics and Governance at Your Peril

Gernot Wagner | Posted 05.14.2013 | Green
Gernot Wagner

Is there any hope in this doomsday scenario? Absolutely. Country after country is following the trend set by the European Union to institute a cap or price on carbon pollution.

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...

Canada's Step Away From the Kyoto Protocol Can Be a Constructive Step Forward

Robert Stavins | Posted 08.11.2011 | Green
Robert Stavins

The international community may have begun to recognize that incremental steps in the right direction are better than acrimonious debates over unachievable targets

Too Good To Be True?

Robert Stavins | Posted 05.25.2011 | Green
Robert Stavins

I had thought that arguments about massive "free lunches" in the energy efficiency and climate domain had long since been laid to rest. The debates in California (and some of the rhetoric in Washington) prove otherwise.