2015

EPA's Critics Are Wrong: It's Not About Politics

October 2, 2015

[Bloomberg View ] Cass Sunstein: This week’s decision by the Environmental Protection Agency, imposing a new limit on ground-level ozone at 70 parts per billion, was eminently reasonable -- an impressive vindication of both law and science. The loud objections, coming from both the business community and environmental groups, are unconvincing. (Disclosure: As administrator of the White House's Office of Information and Regulatory Affairs, I was involved in the 2011 decision to postpone the ozone regulation.)

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How Can Energy be Stored More Safely?

October 2, 2015

[World Economic Forum ]...In some states, as well as many parts of the world, if it can’t be used instantly to meet, solar energy incident on solar panels goes to waste if the electricity isn’t stored. However, in many states, customers have the right to sell electricity produced by rooftop solar panels at high consumer rates under a regulatory scheme called “net metering.” Under those circumstances, consumers have little incentive to install batteries. However, market experts like William W. Hogan,... Read more about How Can Energy be Stored More Safely?

The Pope's Tricky Argument on Climate

September 21, 2015

[Bloomberg View ] Cass Sunstein: This week, Pope Francis is expected to implore both the U.S. Congress and the UN General Assembly to take aggressive steps to curb greenhouse-gas emissions. His thinking on this issue is not simple alarm over climate change. It involves an extraordinary combination of passionate environmentalism, concern for the poor, skepticism about economics and apparent hostility to "profits." All this makes for an impressive but occasionally awkward argument.

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What Pope Francis Should Say In His Upcoming UN Address

September 15, 2015

[Yale Environment 360 ] Robert N. Stavins: There is much in Pope Francis’ climate change encyclical that is commendable, but where it drifts into matters of public policy, it is less helpful. First, the pope neglects the causes of climate change. It is an unintended negative consequence of meritorious economic activity by producers producing the goods and services people want, and consumers using those goods and services. That’s why the problem exists, and hence it’s important to work through the market to...

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A Key Element for the Forthcoming Paris Climate Agreement

September 1, 2015

[Robert Stavins' blog] The upcoming Paris climate negotiations will constitute a critical step in the ongoing international process to reduce global greenhouse gas (GHG) emissions. The question of whether the Paris outcome will be sufficiently ambitious to put the world on a path towards limiting global average warming to 2o C, as agreed in Cancun, can be answered now.  It will not, because that target, while possibly useful as an...

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Richard Zeckhauser

HEEP Faculty Fellow Honored by the American Economic Association

August 27, 2015

HEEP Faculty Fellow Richard Zeckhauser was honored in the August 2015 issue of the American Economic Review as a Distinguished Fellow of the American Economic Association, the premier scholarly association for the field of economics. His biography in the front matter of the current issue of the AER emphasizes his decades of extensive and successful...

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Closing India’s Implementation Gap on Pollution Control

August 24, 2015

[Fair Observer ] Rohini Pande, Robert Rosenbaum, and Kevin Rowe: In the course of two years, India has claimed from China the dubious distinction as the world’s most polluted country. Whether India deserves this title or not depends on how, when and where one chooses to measure pollution—questions that are often debated in the media. All this attention has increased awareness in India about the costs of air pollution, not least in New Delhi, where the country’s lawmakers breathe (what the BBC calls) the world’s most...

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