Articles by Sean Casten
Sean Casten is president & CEO of Recycled Energy Development, LLC, a company devoted to profitably reducing greenhouse emissions.
All Articles
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Why current cap-and-trade proposals are more tax than trade
A great frustration for those who (a) really care about reducing CO2, and (b) believe in the power of well-structured market mechanisms is that the current discussion around carbon policy has bastardized the language of environmental economics. There are tremendous economic and environmental benefits to be gained by a true cap-and-trade CO2 system. Unfortunately, all […]
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How current GHG policy distorts capital allocation
As we think about how to price GHG emissions, it’s often (and accurately) cited that having a meaningful conversation about GHG pricing first requires that we remove all the existing subsidies so that we can stop irrationally allocating capital. Clearly, we can’t provide insurance liability waivers to nuclear and ratepayer guarantees to regulated utilities and […]
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Economics of GHG reduction, part bazillion
Two troubling things I heard last week: The on-going question about what our next president will sacrifice in the name of the economy. If the financial crisis has taught us nothing else, it is that federal coffers are not infinite, and something will inevitably give. At a panel on GHG policy in Washington, congressional staffers […]
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Bad policy ideas in Michigan
Environmental pressures and economic slowdowns are admittedly hard for state governors to tackle. Even still, Michigan’s latest is a lousy idea. As noted here, the state legislature has just passed a bill which Gov. Granholm has promised to sign that would: Strengthen the utility monopolies, guaranteeing DTE and Consumer’s Energy at least 90% of the […]
