Happy July 1. And farewell to the IRA's tax credit for commercial electric vehicle charging stations. I wonder if it worked. (Watch this space.)
Fabulous insight. US domestic carbon taxes would increase US GDP because the US exports carbon-intensive goods with market power. Domestic carbon taxes would effectively tax US exports, raising global prices and harming foreign consumers. www.nber.org/papers/w35307
Are carbon tariffs climate policy?
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
nber.org
🟢🗓️ Tues, May 12 @ Hoover How do economic policy choices shape environmental outcomes? What happens when policy shifts from federal to state regulation? Hear leading voices debate what works—and what doesn’t—at Hoover’s Markets vs. Mandates conference. Open to the public.
Markets Vs. Mandates: Promoting Environmental Quality And Economic Prosperity
hoover.org
One of my all-time favorite papers is now also an AEA Best Paper award winner: AEJ: Applied Economics: "Do Carbon Offsets Offset Carbon? by Raphael Calel, @jmcolmer.bsky.social , Antoine Dechezleprêtre, and Matthieu Glachant January 2025 www.aeaweb.org/about-aea/ho....
AEJ Best Paper Awards
aeaweb.org
The @washingtonpost.com and @nytimes.com editorial boards are debating congestion pricing. Guess which one's position rests on experience, data, and evidence? WaPo: www.washingtonpost.com/opinions/202... NYT: www.nytimes.com/2026/03/27/o...
Opinion | Congestion pricing would cripple downtown D.C.
Mayoral candidates see drivers as enemies as they declare war on cars.
washingtonpost.com
Wait! What generates the electricity necessary to capture the CO2 to put in your beer? Burning coal or gas, right? www.nytimes.com/2026/03/23/c...
There’s a New Place to Store Greenhouse Gases: In Your Beer
nytimes.com
New paper on oil & gas! We look at aging, low production, low profitability wells. U r probably thinking it’s a poorly timed paper release - we’re all thinking about high oil prices now. But new drilling is exactly when u should first start thinking about... www.nber.org/papers/w34961 1/N
Kavanaugh’s dissent says IEEPA’s text allowing the president to “regulate … importation” includes the power to tax imports. Would he agree that the Clean Air Act’s directive that the EPA “Administrator shall regulate" pollution from electric utilities includes the power to tax their emissions?
6) from @adriandeveny.bsky.social "If the federal government wants to more heavily regulate greenhouse gas emissions, Congress needs to pass a new law." The Inflation Reduction Act of 2022 explicitly amended the Clean Air Act to designate six greenhouse gases as air pollutants.
6) Got more? Add your own.
The new WaPo is wrong, wrong, wrong in so many ways. Let's count: www.washingtonpost.com/opinions/202...
Tariffs on solar panels have been even worse than I thought. Never mind the environmental cost, the pass-through rate to US consumers was more than 100%. Each $1 of tariff cost US solar customers $1.17.
📢 Out now in the ❄️January 2026 issue❄️of #JAERE! 📢 "The Incidence of the US-China Solar Trade War" by Wenjun Wang and Sébastien Houde. 🔓 Read the open-access article here :https://buff.ly/ZPR6BG4 📈📉 #Econsky
And a federal judge tossed the report. Not because it's junk science, but because of a DOE process foul selecting the junk scientists who authored it. www.nytimes.com/2026/01/30/c...
A Secret Panel to Question Climate Science Was Unlawful, Judge Rules
nytimes.com
Three amazing points in one paragraph of the DOE report on GHGs. www.energy.gov/articles/dep... 1/3 The Social Cost of Carbon "is not intended to measure the private marginal benefits ... of fossil fuels." Correct! (But not relevant. That's why it's the called the Social *Cost* of Carbon.)
I watched and learned as @chadpbown.com explains trade policy (nicely) to @pkrugman.bsky.social. (Love the screen grab, too.) youtu.be/kVZMns6NuVI?...
Talking with Chad Bown
YouTube video by Paul Krugman
youtu.be
If you you miss reading a proper cost-benefit analysis of environmental policy, one that fully accounts for costs AND benefits, here's California CARB's proposed GHG cap-and-invest regulations, dropped at noon. No "we won't value public health benefits just because they're uncertain" shenanigans.
Cap-and-Invest Regulation | California Air Resources Board
Proposed 2026 Amendments to the Cap-and-Invest (formerly Cap-and-Trade) Regulation The preliminary documents posted below have been submitted to the Office of Administrative Law (OAL) and may be modif...
ww2.arb.ca.gov
Pre-ordered mine. 5 months early. Because I'll read anything by these two explainers. www.amazon.com/exec/obidos/...
How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy
How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy [Keynes, Soumaya, Bown, Chad] on Amazon.com. *FREE* shipping on qualifying offers. How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy
amazon.com
Pepco (Exelon) send me this unhelpful alert, informing me that I spent more on electricity this month than last. But guess what? I used *less* electricity. I spent more because the company charged me more. Thanks for nothing, @exelonofficial.bsky.social.
📢 Just accepted in #JAERE! 📢 "Decarbonizing Aviation: Cash-for-Clunkers in the Airline Industry" by Jan K. Brueckner, Matthew E. Kahn ( @mattkahn1966.bsky.social ), and Jerry Nickelsburg. Read it here: buff.ly/JExG0Iz 📈📉 #Econsky
More news on CBAM expansion plans. www.reuters.com/sustainabili...
EU to extend carbon border levy to new products, drafts show
The European Union plans to expand its upcoming carbon border tariff to cover imported products including car parts, refrigerators, and washing machines, draft European Commission documents seen by Re...
reuters.com
It's even worse than Max humorously gripes. Can anybody look at Max's bill and calculate his incremental cost per kWh? [ChatGPT tells me it's "approximately $0.65 per kWh.]
In this week's Energy Institute blog, Max Auffhammer's highly entertaining and also very serious take on redesigning electricity bills so customers can actually understand them. An important step in enabling demand flexibility. energyathaas.wordpress.com/2025/12/01/a...
🌍 Are you in the market? Dream postdoc opportunity for environmental economists! @envdefensefund.bsky.social + @ucsb.bsky.social's @emlab.ucsb.edu are hiring 2-3 postdocs to work on carbon markets, nature-based solutions & resource economics with Chris Costello (emLab Director/EDF Chief Economist).
Environmental and Resource Economics Postdoctoral Scholar (up to 3 positions), Environmental Markets Lab (emLab), University of California Santa Barbara
University of California Santa Barbara is hiring. Apply now!
recruit.ap.ucsb.edu
Not sure how this got past the administration's communication controls, but EIA had a nice piece last Friday on the increasing role of solar/wind/batteries in Texas. www.eia.gov/todayinenerg... 🔌💡
ERCOT increasingly meets rising demand with solar, wind, and batteries - U.S. Energy Information Administration (EIA)
eia.gov
Jim Sallee gives a master class in how to explain complex policy in simple prose. I'm definitely assigning this to students.
I'm back from vacation (and the huge Oakland No Kings protest). Lots to catch up on posting. In the EI blog today, Jim Sallee has an excellent analysis of the poorly designed, but good direction, of proposed international shipping GHG regulations. energyathaas.wordpress.com/2025/10/20/c...
✨ We will be featuring the 2025 AERE Scholars & Mentors over the coming weeks! Stay tuned to learn more about the amazing cohort! ✨
Ok so the Trump administration blew up the international agreement to tax CO2 from shipping. 14 years ago the Obama administration successfully opposed applying the EU carbon price to US airlines operating in Europe. Just because Ds and Rs both agree on something doesn't mean it's right.
Great news! Andrew Plantinga will be succeeding Nick Kuminoff as one of the four editors of @jaereaere.bsky.social starting January 1. Compensation for the less great but inevitable news that Nick's term must end. Thanks Nick and welcome Andrew. www.journals.uchicago.edu/toc/jaere/cu...
Journal of the Association of Environmental and Resource Economists | Vol 12, No 6
journals.uchicago.edu
Hey #EconSky working in environmental econ! Looking for things to do this weekend? Why not write up a 2-3 page proposal for a cool conference-publication combo, happening in May 2025 in Washington, DC? Submit your proposal (or paper) here by Oct 20: conference.nber.org/confsubmit/b...
Submission: 8th Annual NBER Environmental and Energy Policy and the Economy Conference, Page 1 of 2 - MyNBER
conference.nber.org