We are standing on the eve of a remarkable evolution of capitalism: a market economy based on true prices. Far-fetched? You believe that these ideas come from dreamy greenies? Well, think again.
I'm referring to the CO2 cap-and-trade allowance auction held by the State of California. The fact that the auction ran smoothly and compliance entities and others put their money down is one important step in establishing the program's credibility.
Our natural environment and the resource base for the world economy are inexorably linked. Therefore these two crucial parts must come together for the house to remain standing, as our species is now heading toward 8 billion by 2025.
Unlike the environmental threats addressed successfully in past U.S. legislation, climate change is essentially unobservable to the general population.
Republicans who support subsidies should stop their mass-manipulation. Rather than hiding behind hypocritical pro-market rhetoric, it is time to admit they have embraced their very own entitlement-boom that rivals the dreams of any European welfarist.
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...
People want government to address our disparities in more honest ways. They want better response to our nation's concerns, beginning with fair and effective economic policy. Common sense policy.
One of the attractive habits in American civilization is to ask: well, what's your plan? In his recent book World on the Edge, Lester Brown offers one.
The educational decisions now made in part on standardized test scores are neither few nor inconsequential. This is hardly about who gets a sticker for a job well done.
According to estimates by the Flow Rate Technical Group, the team advising the government on the giant leak in the Gulf of Mexico, some 45-130 million...
The oil spill is a catastrophe, but risks that are catastrophic scare us more than those that are chronic -- even though in many cases, the chronic risks are far bigger threats.
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.