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  • Hey Paul Krugman: How about less econ theory and more econ mechanics?

    Illustration by Michael Freimuth and Kyle PoffMany people, including me and, um, Al Gore, have recommended Paul Krugman’s primer on climate economics. It’s a top-notch introduction and a welcome antidote to the ignorance and hysteria that characterize most media coverage of climate policy. Read it! In describing environmental economics, however, Krugman simply passes along many […]

  • Bonn to Cancun … negotiators agree to continue efforts on international global warming

    The first global warming negotiations post Copenhagen have just wrapped up here in Bonn (as I discussed here). It was a 3 day session and was mostly focused on establishing the process and expectations for negotiations this year. While there was some complaining about the Copenhagen Accord from some quarters, the complaining was timid compared […]

  • With so much potential for energy efficiency, why is the South so inefficient?

    When it comes to energy reform, the American South has often been a deadweight, anchoring the country to the status quo. There are any number reasons why: It’s oil, coal, and nuke country. It’s heavily Republican. Many of the affluent white men who dominate its politics view energy as part of the culture war, another […]

  • Note to Environmentalists: Economists are on your side

    There is a tendency among some environmental writers to dismiss “classical”, “traditional”, “neoliberal”, or “mainstream” economics as somehow inimical to environmental interests.   The problem is that more often than not these writers get the facts wrong.   It’s almost as if the knee-jerk aversion to economics that exists among many environmentalists prevents them from […]

  • What the John Paul Stevens retirement means for energy progress

    Stevens (center) with President Obama and Justice Anthony Kennedy last September.Collection of the Supreme Court of the United StatesSupreme Court Justice John Paul Stevens announced his long-expected retirement Friday, meaning we can expect another testy/goofy/”contentious” confirmation process in the Senate this summer. Stevens’ retirement means a few other things too: 1. The court loses an […]

  • Offshore drilling most popular among Republicans, elderly, white, and wealthy

    When President Obama announced recently that he’d open new coastal areas to offshore drilling, there was considerable speculation as to what the political fallout might be. Most progressive pundits were baffled by the decision, and the general consensus seemed to be that it was a political move designed to influence key decision makers. The immediate […]

  • Carbon cap would deny Iran precious petrodollars: Over $100 million a day

    Cross-posted from Wonk Room. A strong cap on carbon would significantly cut the flow of petrodollars to Iran’s hostile regime, a Wonk Room analysis shows. The economic and political strength of Iran’s dictatorship is a threat to the national security of the United States and the world, and its nuclear ambitions threaten to destabilize the […]

  • Coal barons to (finally) testify before Congress

    Well now isn’t this interesting. Throughout the seemingly endless battle over climate-change legislation, not once have the folks behind the biggest source of climate pollution — coal executives — been asked to publicly account for their industry’s role. Now it looks like they will. On Wed. April 14 at 9:30am, the House Select Committee on […]

  • Nuclear arms reduction is better than nuclear warfare

    Today President Obama and Russian President Dmitri Medvedev signed a nuclear arms reduction pact that slightly limits each country’s stockpile, reinstates inspections, and restores relations between the two countries. This is good news. Nuclear warfare is not sustainable. The New York Times explains how it works. Money quote: While the treaty will mandate only modest […]

  • Krugman says what political media won’t: economists agree climate action is necessary, affordable

    Paul Krugman has a fantastic piece on the cover of the upcoming issue of the New York Times Magazine: “Building a Green Economy.” With his typical patience, cogence, and clarity, Krugman walks through the mainstream economics take on climate change: its cost, the best way to respond, the cost of responding, and the proper scale […]