[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.”
[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. Read more about What Trump Misses About Regulations: They Produce Benefits as Well as Costs
HEEP Faculty Fellow Joe Lassiter explains in a TED talk video the importance of pursuing new nuclear options to reduce carbon emissions, while at the same time lifting people in the developing world out of poverty. Lassiter argues that investment in new nuclear alternatives could compete economically with fossil fuels.
[The Washington Diplomat ]...A study by Joseph Aldy, a Harvard University associate professor and former White House energy policy advisor, found the elimination of subsidies would have a negligible impact on U.S. oil and gas production, which is more closely linked to technological advances and the price of oil. Since 2014, U.S. oil and gas companies have eliminated more than 100,000 jobs as the price of oil plummeted, even though they were still receiving subsidies.