Category: Carbon Tax

  • While teaching emissions control policies this last week to my undergraduates, I revisited my signature of the Economists’ Statement on Carbon Dividends (now signed by over 3600 economists). It’s been four years since the origin of the statement, and despite it being the most agreed-upon policy statement in the history of economics, no federal greenhouse…

  • I received the question "Why are carbon taxes unpopular with policymakers and politicians?" from a follower on Twitter recently (give me a follow @tim_env_econ). So, I had the brilliant idea to compare how I would answer the question compared to how the new trendy AI-bot ChaptGPT would answer (and I'm thinking to have a contest…

  • I recently read an article in the journal Economics and Philosophy, written by Lisa Herzog, which has nothing whatsoever to do with environmental economics but nonetheless I think has interesting implications for it and for Pigouvian pricing in particular.   In case you are unfamiliar with it, the journal Economics and Philosophy is a scholarly journal…

  • Warning:  NSFW (Unless you work at a University and part of your job is to watch stuff like this and post it on a blog). The highlights of this have been around all week, but most of the clips are just Bill Nye the Science Guy saying "motherf***ers.   But this segment on Last Week Tonight…

  • They're worried about sea-level rise or something. From the HuffPost (Hawaii Lawmakers look to protect coast from climate change): Predicting Honolulu will start experiencing frequent flooding within the next 15 to 20 years, state lawmakers are trying to pass legislation that would spend millions for a coastline protection program aimed at defending the city from…

  • I just finished reading a great book that substantially changed how I think about economics – "Economism: Bad Economics and the Rise of Inequality" by James Kwak.  In a nutshell, the book describes "economism" – which has also been called "Econ 101ism". It is the over-reliance on basic microeconomic principles (the kind I teach in…

  • Here is the email: Dear Colleague, I am writing to invite you to join me, 27 Nobel Laureate economists, 3 other former Chairs of the Federal Reserve and 15 former Chairs of the Council of Economic Advisers as a signatory of the Economists’ Statement that you will find below. Our statement was released today on…

  • 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 place in the US where…

  • Let the demogoguery begin:  Proponents of a market-oriented plan to fight climate change by taxing greenhouse gas emissions and giving the revenue to American taxpayers are starting a campaign to run advertisements as early as this fall and introduce legislation in Congress as early as next year. The plan’s supporters have formed a group called Americans…

  • We’ll know the smart economists at Georg Mason U are liberated from Koch influences when they can endorse pricing carbon. https://t.co/JetHtvJZao — Adele C. Morris, Ph.D. (@AdeleCMorris) May 2, 2018 https://platform.twitter.com/widgets.js Alternative post titles: When free market environmentalism meets a global public good Actually, this isn't the biggest problem for George Mason economics Climate Liberty?