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In defense of picking winners

Severin Borenstein, professor of business | March 3, 2014

Virtually all economists working on climate change agree that we should price greenhouse-gas emissions.  Doing so creates an incentive to reduce emissions without the government directing specific technology adoptions or activity changes, that is, without “picking winners.” Nearly as many economists agree that we should subsidize basic R&D.  Doing so, accelerates the scientific breakthroughs that … Continue reading »

When efficiency is not enough

Daniel Kammen, Class of 1935 Distinguished Professor of Energy | January 28, 2013

This past week I attended and had the pleasure to speak and debate at the 2013 World Future Energy Summit in Abu Dhabi, United Arab Emirates.  This was the sixth such summit, and the third I have attended. The stated goal of the meeting is to: bring together global leaders in policy, technology and business … Continue reading »