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I wrote last Friday about the China/India hole in the American climate strategy:
America appears to lack a high-probability strategy for how to get China, India, and Russia to agree to self-impose a significant positive carbon price.
The Administration and its Congressional allies are trying to impose a significant carbon price in the U.S. through something like [...]

The House Energy & Commerce Comittee reported legislation last Friday that would create a cap-and-trade system for greenhouse gas emissions in the United States.  I’d like to expand a bit on some recent writings by Bjørn Lomborg and Greg Mankiw about this topic.  Dr. Lomborg wrote in last Friday’s Wall Street Journal about a developing [...]

The House Energy and Commerce Committee marked up the Waxman-Markey cap-and-trade climate change bill this week.  Much of the discussion focused on the domestic impacts of the legislation, and how the policy design would affect various American constituencies.  I would like to zoom out and think about how a policy like [...]

(Editorial note:  I was doing so well moving to shorter posts.  I fail miserably in achieving that goal here.  I went the comprehensive route instead.  I promise to return to shorter posts in the future.  Buckle up – this is a long ride.  I hope you find it’s worth it.)
(Update:  There’s an important correction in [...]

I watched the President’s Tuesday evening press conference twice, and have been studying the transcript as well.  I believe the best way to understand a policymaker is simple:  read, watch, or listen to the words that he or she says.  Getting a policymaker’s views through a news filter distorts and loses content.  In this blog, [...]

The Senate is now debating a climate change bill, typically referred to as the “Lieberman-Warner” bill, referring to Sen. Joe Lieberman (I-CT) and Sen. John Warner (R-VA).  Technically, we think they’ll end up considering a slightly different version of that bill, offered by the Chair of the Senate Environment and Public Works Committee, Sen. Barbara [...]

In his State of the Union address, the President proposed an energy plan we call “Twenty in Ten”.  The goal is to reduce U.S. gasoline usage by 20% within 10 years (by 2017).  There are two main components to 20 in 10 that would reduce gasoline usage:

fuel economy standards – we would increase the “CAFE” [...]

Here is the 38-page “Summit Declaration” from the G8 summit, released earlier today.  The summit and the document cover many important economic topics.  I’m going to focus on the climate change section, which is receiving a lot of press coverage.
We are very pleased.  Let me start with some quotes from the President while he was [...]

The President spoke today to the U.S. Global Leadership Council about America’s international development agenda.  You can find his remarks here.  His wide-ranging speech covered trade, debt relief, education, AIDS, and malaria.  There was a lot to highlight, but I’m going to focus first on his new climate change proposal.
Here’s the key quote:
In recent years, [...]