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Garth Heutel
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Last week's midterm elections were a mixed bag for environmental policy. Lots of initiatives went down in defeat, though some passed, and some pro-environmental candidates won. Most notably for us environmental economists, the state of Washington failed to pass a carbon tax initiative, which would have made them the only... Continue reading
Posted 2 days ago at Environmental Economics
I recently got around to reading the 2010 book "Identity Economics: How our Identities Shape our Work, Wages, and Well-Being," by George Akerlof and Rachel Kranton. It is a lay summary of some of the work that Akerlof and Kranton have been doing to incorporate identity and social norms into... Continue reading
Posted Sep 27, 2018 at Environmental Economics
Good point, and I agree with you. But to be fair, there are more sophisticated critiques of CBA of environmental goods and of environmental nonmarket valuation. I even blogged about it! http://www.env-econ.net/2018/06/a-critique-of-cba-from-the-90s.html
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I just finished reading Seeing Like a State by James C. Scott. I've been thinking quite a bit about its implications for environmental policy and in particular the standard neoclassical policy prescriptions for the environment (i.e. Pigouvian taxes and/or cap-and-trade). The book has somewhat of a libertarian/conservative/small-government angle to it,... Continue reading
Posted Jul 30, 2018 at Environmental Economics
Great piece! I will put this as a reading in my environmental economics course syllabus.
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I've just read Elizabeth Anderson's critique of the use of cost-benefit analysis in environmental and workplace safety policy. (It was written in 1995, so I'm a little behind.) It appears in chapter 9 of her book Value in Ethics and Economics and is reprinted in the anthology Philosophy, Politics, and... Continue reading
Posted Jun 5, 2018 at Environmental Economics
If you want to build a new home in California, you will have to build one with rooftop solar, according to a new mandate from the California Energy Commission. The solar rules will apply to new single-family homes and new multi-family housing of three stories or fewer. Under the plan,... Continue reading
Posted May 14, 2018 at Environmental Economics
I think the argument is that when there is no policy (i.e. when you don't "use" the SCC) it is equivalent to a SCC of zero.
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The European Union's Emissions Trading Scheme, the world's largest greenhouse gas cap-and-trade program, will be taking a new step to stabilize permit prices. Starting in January 2019, the Market Stability Reserve will go into effect, which aims to stabilize price by reducing the long-standing permit surpluses that have plagued the... Continue reading
Posted May 6, 2018 at Environmental Economics
Think of all of the positive externalities though! Thanks App State!
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Hi! I am glad to have gotten an invitation from John to guest-blog here. I am an Associate Professor of economics at the Andrew Young School at Georgia State University. My research on environmental economics is in solar geoengineering, health effects of air pollution and climate change, behavioral economics, and... Continue reading
Posted Feb 5, 2018 at Environmental Economics
Subsidies wouldn't necessarily create a deadweight loss, if they are offsetting a pre-existing market failure (e.g. greenhouse gas emissions from fossil-fuel generated electricity).
1 reply
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Jan 26, 2018