A Behavioral Economist Thinks About Energy and Climate Change
An Economic View of the Environment
by Robert Stavins
2w ago
When examining environmental, energy, and climate change policy, the methods and the topic of behavioral economics arise with some regularity.  In my podcast series, “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” we’ve talked about such behavioral research in regard to energy-efficiency policies with Michael Greenstone and others.  And, much more recently, in a podcast episode just released, I had the opportunity to talk with a behavioral economist who is now on the faculty of a school that’s focused on environmental stu ..read more
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Thinking About Interactions of Taxes, Trade, and Climate Policy
An Economic View of the Environment
by Robert Stavins
1M ago
Climate change policy proposals frequently take the form of tax policies, but other types of climate policies will also interact with tax law and policy, and for that matter with international trade law and policy.  In the latest episode of my podcast series, “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” I had the opportunity to explore such interactions with an economist with great expertise in taxation, particularly the international aspects of taxation.  Because my guest was Kimberly (Kim) Clausing, the Eric M. Zolt ..read more
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An Eminent Economist Talks About Climate Change
An Economic View of the Environment
by Robert Stavins
2M ago
In my podcast series, “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” I’ve had the pleasure of engaging in conversations over the past four years with a significant number of truly outstanding economists who have carried out important work in the realm of environmental, energy, and resource economics, and have been real leaders in the profession.  In my most recent podcast, we topped that, because I was joined by someone who has made important contributions not just in the realm of environmental and resource economics, but has ..read more
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A Different Perspective on What Happened at COP-28
An Economic View of the Environment
by Robert Stavins
4M ago
A few days ago, I posted at this blog my personal take on what happened at COP-28 in Dubai (and what didn’t happen).  Feedback from readers indicates that some people found my assessment helpful and realistic, but it’s conceivable that some found it insufficiently enthusiastic.  So, today, I’m pleased to offer some potential balance.  It comes from my most recent podcast interview, which was with Amy Harder, the founding Executive Editor of Cipher News, who expresses her pleasant surprise with the outcome from the recent 28th Conference of the Parties of the United Nations Frame ..read more
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What Really Happened at COP-28 in Dubai
An Economic View of the Environment
by Robert Stavins
4M ago
If you’ve been reading newspapers, checking your email, listening to the radio, or watching television, you’ve probably learned that the 28th Conference of the Parties (COP-28) of the U.N. Framework Convention on Climate Change (UNFCCC), held in Dubai, U.A.E., the past two weeks, was either a great success, a distinct failure, or somewhere between the two, based to a considerable degree on a paragraph in the COP’s closing statement (officially the “Decision of the First Global Stocktake,” and unofficially the “UAE Consensus”) about the future of fossil fuels, in particular, a statement endorsi ..read more
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What to Expect at COP-28 in Dubai
An Economic View of the Environment
by Robert Stavins
5M ago
With just a few days remaining until the start of the 28th Conference of the Parties (COP28) of the United Nations Framework Convention on Climate Change (UNFCCC) in Dubai, United Arab Emirates (UAE), COP28 is the focus of this blog post and my most recent podcast.  In the podcast, I engage in conversation with environmental economist Nathaniel Keohane, the president of the Center for Climate and Energy Solutions (C2ES).  Nat will be leading the C2ES delegation at COP28.  I’ll also be at COP28, with our group from the Harvard Project on Climate Agreements.   So, a ..read more
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Adam Smith, Methane Emissions, and Climate Change
An Economic View of the Environment
by Robert Stavins
5M ago
Most of my guests in my podcast series, “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” have been academic economists, but I’ve also had the privilege of talking with some leading lights from other disciplines, including ones that seem adjacent to economics, such as political science and law, and also some that are further afield, such as physics and chemistry.  Most recently, I had the opportunity to delve into a realm that bridges the humanities (in particular, history) and social science (in particular, economics), by talki ..read more
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Private Sector Initiatives to Address Climate Change
An Economic View of the Environment
by Robert Stavins
7M ago
Over the past decade or more, there has been increasing attention to private-sector initiatives to address climate change, with scholarly research and considerable action being centered in business schools, particularly in the United States.  This is the focus in the latest episode of my podcast series, “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.” I engage in conversation with Michael Toffel, Senator John Heinz Professor of Environmental Management and Professor of Business Administration at Harvard Business School (HBS).&n ..read more
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The Special and Important Case of Electricity in Climate Change
An Economic View of the Environment
by Robert Stavins
8M ago
I have recently hosted several guests in my podcast series, “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” with great expertise on the electricity sector.  And today, I’m continuing that with the most recent episode of the podcast.  This is appropriate because the electricity sector – in many countries – is both a major source of carbon dioxide (CO2) emissions, and is also a very important potential part of the “solution space,” due to the promise of increased electrification of the transportation and building sectors (a ..read more
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Electricity Sector Regulation, Carbon Pricing, and Climate Policy
An Economic View of the Environment
by Robert Stavins
9M ago
In the United States, Europe, China, India, and many other parts of the world, when policymakers and others consider ways to reduce CO2 emissions to help address climate change, major attention is frequently given to the electric power sector, partly because of its standing as the first or second largest source of emissions, and partly because it frequently offers low-hanging fruit, that is, low-cost abatement opportunities.  In the most recent episode of my podcast series, “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” I hos ..read more
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