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Conservatives Push Carbon Tax to Address Climate Crisis

February 8, 2017

[Standard Examiner ]...“I would personally be delighted if a carbon tax were politically feasible in the United States, or were to become politically feasible in the future,” said Harvard economics professor Robert Stavins. “At some point, the politics will change, and it’s important to be ready.”

What Trump Misses About Regulations: They Produce Benefits as Well as Costs

February 5, 2017

[The Conversation ] Joseph Aldy: President Trump jettisoned more than 30 years of bipartisan regulatory policy on January 30 when he issued an executive order on “Reducing Regulation and Controlling Regulatory Costs.” The order requires that whenever a new regulation is enacted by any federal agency, regulators must eliminate two rules, so that the cost of complying with the new rule is offset by the costs associated with the two existing rules.

Tillerson Renews Old Debate: When is a Subsidy a Subsidy?

January 13, 2017

[ClimateWire ]...To Joe Aldy, a public policy professor at the Harvard University and climate change policy expert, there's no doubt fossil fuel extractors get tax breaks.

"Most of the subsidies in the tax code for oil and gas production are not general business tax expenditures, as [Tillerson] suggested in the testimony, but specific to hydrocarbons," Aldy said in an email.

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