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Linkage of Cap and Trade Systems

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.

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

Robert Stavins | Posted 08.10.2014 | Green
Robert Stavins

Today that "scorched-earth" approach may have come back to haunt conservatives. Have they now boxed themselves into a corner, unable to support the power of the marketplace to reduce their own states' compliance costs under the new EPA CO2 regulation? I hope not, but only time will tell.

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.

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...

Can the Durban Climate Negotiations Succeed?

Robert Stavins | Posted 01.28.2012 | Green
Robert Stavins

Two weeks of international climate negotiations begin today in Durban, South Africa. These are the Seventeenth Conference of the Parties (COP-17) of ...