We’re delighted that Pres. Obama has nominated John Bryson, the former CEO of Edison International (the parent of Southern California Edison), to run the Commerce Department. Bryson is that rare bird – a feet-on-the-ground corporate leader who is committed to balancing economic and environmental goals. On second thought, …
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By Robert Hahn, Peter Passell | Tags: Commerce Secretary, Edison International, John Bryson, Southern California Edison | Category: Environment, Quick Takes |
 Leave a commentIrwin Stelzer, an economist and conservative intellectual who isn’t inclined to suffer fools, suggests a carbon tax could help reduce the deficit and enhance national security, even as it stimulates economic growth. Quite so. The problem – or at least one of the problems – is the bitter opposition … By Robert Hahn, Peter Passell | Tags: carbon tax, deficit, Hudson Institute, Irwin Stelzer | Category: Climate Change, Energy, Energy Regulation, Environment |
Leave a commentTime was, economists and environmental activists lived on different planets, talking past each other when they claimed to be talking to each other at all. Happily, their orbits have grown closer in recent years. Environmentalists are typically more economics-savvy, while economists are more inclined to acknowledge that solving environmental problems … By Robert Hahn, Peter Passell | Tags: Andrew Revkin, Dot Earth | Category: Environment, Quick Takes |
Leave a commentEconomists Robert Stavins (Harvard) and Richard Schmalensee (MIT) make a key distinction between the substance of climate policy and the mechanisms for implementing it in the Boston Globe. In trashing efforts to pass a climate bill, Senate Republicans and a handful of Democrats sought to demonize … By Robert Hahn, Peter Passell | Tags: Boston Globe, cap-and-trade, Climate Change, Richard Schmalensee, Robert Stavins | Category: Environment, Quick Takes |
Leave a commentIf Pres. Obama has his way, Washington will invest heavily in energy technology as part of a broader climate change initiative designed to wean us addicts from our daily (hourly? secondly?) carbon fix. The Republicans will take the technology minus the climate regulation, thank you very much. Either way, though, … It’s egg-on-their-faces time for the assorted politicians and pundits who dismissed the potential for spills in offshore drilling as an acceptable price to pay for access to undersea riches. Does that group include us (Hahn and Passell)? Yes and no. We admit to writing articles, both technical [READ MORE...] By Robert Hahn, Peter Passell | Tags: benefit-cost analysis, BP oil spill, deep water drilling, Outer Continental Shelf | Category: Energy, Environment |
Leave a commentNuclear power in America lives in an odd political/economic limbo. The 104 plants operating here (all built before 1978) have become the work horses of the utility industry, generating one-fifth of the nation’s electricity at low marginal cost thanks to vast improvements in their operating reliability. And, … By Robert Hahn, Peter Passell | Tags: cap-and-trade, carbon tax, Climate Change, environmental policy, John Parsons, nuclear power, Paul Joskow | Category: Energy, Environment |
One commentThe U.S. Congress is gung-ho on ethanol; the Germans are mad about solar panels, while the Danes have a thing for windmills. And, of course, they’re not alone: Countries around the globe are spending huge sums on subsidies for greener energy. If you’re suspicious that most of this money is being … By Robert Hahn, Peter Passell | Tags: Climate Change, David Anthoff, Dieter Helm, economic efficiency, Energy, environmental policy, ethanol | Category: Environment |
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