“What Really Happened at COP 28?” [Robert N. Stavins - HIC]

People walk near the Baku Olympic Stadium, the venue of the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan October 18, 2024. [REUTERS]With the annual meeting of the U.N. Framework Convention on Climate Change (UNFCCC) taking place in November, 2024, 토토사이트 레드룸 is a good time to reflect on what happened ... and did not happen at the 28th Conference of the Parties (COP-28), held in Dubai, U.A.E., one year ago. If you read newspapers, checked your email, listened to the radio, or wat

2024.11.06 11:20

“Is Benefit-Cost Analysis Helpful for Environmental Regulation?” [Robert N. Stavins - HIC]

As climate change and other environmental, resource, and energy policies, programs, and regulations are now under consideration by countries around the world, 토토사이트 레드룸 is a good time to step back from the political fray that dominates debates in many countries, and reflect instead on some fundamental questions about environmental policy from an economic perspective. One such question is whether economic analysis ― in particular, the comparison of the benefits and costs of proposed policies ― can pla

2024.08.05 11:12

Thinking About Auto Fuel Efficiency Standards [Robert N. Stavins - HIC]

On May 19th, 2009, President Barak Obama announced new Federal fuel-efficiency standards for motor-vehicles that would make the then current standards ― known as Corporate Average Fuel Economy (CAFE) standards significantly more stringent. These CAFE standards measure compliance as the average of a company‘s entire fleet of cars, and so are more flexible and less costly than model-by-model standards, better matching consumer preferences and lowering production costs. Other good news was th

2024.07.24 11:24

“Green Jobs” [Robert N. Stavins - HIC]

With the United States, Europe, and other parts of the world trying to address climate change while maintaining domestic employment levels via what are clearly protectionist policies, this is a good time to reflect on the very concept of “green jobs.” The January 12, 2009 issue of The New Yorker included an article by Elizabeth Kolbert, profiling Van Jones, founder of Green for All. In the article, “Greening the Ghetto: Can a Remedy Serve for Both Global Warming and Poverty,&rd

2024.05.14 11:16

“Is Water too Precious to Price?” [Robert N. Stavins - HIC]

이 기사는 해외 석학 기고글 플랫폼 '헤럴드 인사이트 컬렉션'에 게재된 기사입니다. Some fifteen years, California Governor Arnold Schwarzenegger declared a state of emergency and implemented mandatory water rationing as the state struggled through its third consecutive year of drought. This well-intentioned response to a water crisis did not come as a surprise. Whenever prolonged droughts take place ― nearly anywhere in the world ― public officials can be expected to give impassioned speeches, declare emergencies, and im

2024.04.22 15:07

“How Do Economists Think About the Environment?” [Robert N. Stavins - HIC]

이 기사는 해외 석학 기고글 플랫폼 '헤럴드 인사이트 컬렉션'에 게재된 기사입니다. How do economists really think about the environment? In my inaugural column, I will address this question, by examining three prevalent myths. The Myth of the Universal Market One myth is that economists believe that the market solves all problems. Indeed, a key theorem of welfare economics states that private markets are perfectly efficient on their own, with no interference from government, so long as certain conditions are met. By cl

2024.04.22 13:51