At 10 am on Monday, June 16, 2014, Gazprom, a Russian gas monopoly, cut off supplies of gas to Ukraine. This is the third time in the last ten years when Gazprom has tried to use a cut-off to force the Ukrainian government to accept a deal it did not … More >
There has (rightly) been a lot of attention paid to the Environmental Protection Agency’s proposed rule controlling greenhouse gas emissions from power plants pursuant to Clean Air Act, Section 111(d). All of that analysis — how effective the rule will be, how it will be implemented, the prospects for successful … More >
We empirical economists get very excited about finding or generating new data sets. There are big returns to splicing together different data sources to answer new and interesting questions. This is hard work and not everyone is good at it. Many datasets are hidden deep inside government vaults and some … More >
Many people who have studied the issue tell me that the Keystone XL issue is mostly symbolic, because the Alberta oil sands are going to be used one way or another. But I’m having some second thoughts because of arguments made (here) by Berkeley economist Max Aufhammer. He’s a pretty hard-headed … More >
You know this already, but let’s review:
Climate change is a global emissions problem.
California produces about 1% of the world’s greenhouse gas emissions.
Over the next few decades, the majority of emissions will come from developing countries.
If we don’t solve the problem in the developing world, we don’t solve the problem.
The … More >
Berkeley economist Brian Wright has a disquieting article in the Winter 2014 issues of the Journal of Economic Perspectives, which just crossed my desk. JEP is published by the American Economic Association and is a great resource for those of us who are interested in economics but aren’t professional economists. This article is a case in … More >
I am not a fan of blanket statements. Whenever oil sands come up in casual conversation, many of my economist friends argue that “the stuff will come out of the ground whether we like it or not”. When the discussion turns to Keystone XL, the general attitude is that “it … More >
California is currently experiencing a historic drought, one of the worst the state has had in over 100 years. The large amount of news coverage about the drought has instilled the notions water usage and water efficiency in the minds of regular consumers. Yet, when taking a closer look at where water … More >
A common anxiety among potential electric vehicle (EV) drivers is being stranded in the middle of the road with an empty battery and no possibility of recharging. Similarly, another concern is that electric cars do not have enough range to sustain longer road trips.
Tesla Motors’ Model S, which has an … More >