Michael Levi’s September 14th post on the Council on Foreign Relations site examines whether switching from coal to natural gas could make a decisive difference in climate change projections. You’ll be surprised by his analysis, if not his conclusions.
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By Robert Hahn, Peter Passell | Tags: coal, Council on Foreign Relations, methane, Michael Levi, natural gas | Category: Climate Change, Quick Takes |
 Leave a commentPresident Obama is proposing to open a big swath chunk of Atlantic, Gulf and Alaska coastal waters to offshore oil and gas drilling. That’s probably a good idea because the potential benefits to society (more fuel) exceed the potential costs (extracting the stuff and managing the environmental risks). But … By Robert Hahn, Peter Passell | Tags: benefit-cost analysis, energy dependence, natural gas, offshore drilling, oil | Category: Energy, Quick Takes |
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Professor Dieter Helm (Oxford) is a very fine fly fisherman, and an even better economist. If you haven’t done so, take a look at his new book “The Carbon Crunch: How We Are Getting Climate Change Wrong — and How to Fix It” for a bit of unconventional wisdom. He argues that politicians and the general public have not shown any real interest in addressing climate change. Helm argues that places like Europe should focus on setting a price for carbon that would cover consumption (and not just production), and that fracking could be a good “bridge” technology for reducing consumption of coal. The book is readable and insightful for those interested in the inside track on climate policy. 
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