Lael Brainard on climate change
From Reuters* (Biden to name Fed's Lael Brainard as top economic adviser): U.S. President Joe Biden is expected to name Federal Reserve Vice Chair Lael Brainard to the White House's top economic policy position as early as Tuesday, a source familiar
Hotelling’s switch point just got later
Hotelling's Rule is a theory of nonrenewable natural resources that says that prices of such resources will rise at the rise of interest over time (all else equal). When there is a backstop fuel, think renewables like wind and solar,
Episodic Release in Ohio: Train Derailment Forces Controlled Burn of Toxic Chemicals
From NPR on February 8th (Residents can return home after crews burned chemicals in derailed tanker cars): "About 50 cars, including 10 carrying hazardous materials, derailed in a fiery crash Friday night on the edge of East Palestine. Federal investigators say
If you need an example of a negative externality for your class today then here is a good one from NOAA
From NOAA Research News (One facility makes a big contribution to Salt Lake’s winter brown cloud): The 2.4 million people who live along Utah’s Wasatch Front experience some of the most severe winter particulate matter air pollution in the nation. Now,
The (horrible) gift of government shutdowns?
The US government did not shut down in FY 2023. That is immensely unremarkable
Dawn of AI: Is ChatGPT autonomously sending emails now?
From the inbox: Dear Dr., We hope this email finds you well. While browsing the internet, we came across your research articles and were intrigued to learn about the experiments you are conducting using the CVD method. As a provider of CVD furnace
AERE@SEA abstract submissions are open (a brief history of @AereOrg sessions at regional economics meetings)
Here is the link: https://aere.memberclicks.net/conference---sea. The deadline is the end of February. For the first time since 2006 I'm not chairing the committee that is organizing these sessions. Please forgive me, but I'm going to take a victory lap*. These sessions began
Have you ever known that person that has a ton of great ideas but never gets them done? That’s the renewable energy industry
From the WSJ (Investors Plow Into Renewables, but Projects Aren’t Getting Built): Even as developers plan an unprecedented number of grid-scale wind and solar installations, project construction is plummeting across the U.S. Despite billions of dollars in federal tax credits up for
Ummm, @PeterGleick, I addressed this 5,958 days ago: Free markets are, in fact, not free
"Dr. Peter Gleick is a leading scientist, innovator, and communicator on global water and climate issues." He is also a frequent Tweeter and sometimes instigator. Yesterday he tweeted this: I'm fairly certain Dr. Gleick knows there are a large number of
Jack Knetsch: 1933-2022
I just learned that Jack Knetsch died back in August. Here is the obituary from Simon Fraser University: Jack was a Professor in SFU’s Economics Department and the School of Resource and Environmental Management from 1974 to 1998, at which time