Tag Archives: Office of Management and Budget

Reflections on Twenty Years of Policy Innovation

In 2009, the U.S. Congress considered but ultimately failed to enact legislation aimed at limiting U.S. greenhouse-gas (GHG) emissions.  The bill under consideration at that time, the American Clean Energy and Security Act of 2009, was the last in a … Continue reading >

Posted in Climate Change Policy, Economic Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Politics, Positive Political Economy | Tagged , , , , , , , , , , , , , , , , | 3 Comments

Economics of the Environment

The Sixth Edition of Economics of the Environment: Selected Readings has just been published by W. W. Norton & Company of New York and London.  Through five previous editions, Economics of the Environment has served as a valuable supplement to … Continue reading >

Posted in Climate Change Policy, Corporate Social Responsibility, Economic Policy, Economic Stimulus Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Fisheries Policy, Forest Policy, Natural Resource Economics, Natural Resource Policy, Politics, Positive Political Economy, Water Policy | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 4 Comments

Good News from the Regulatory Front

As each day passes, the upcoming November 2012 general elections produce new stories about potential Republican candidates for President, as well as stories about President Obama’s anticipated re-election campaign.  At the same time, the 2012 elections are already affecting Congressional … Continue reading >

Posted in Energy Economics, Energy Policy, Environmental Economics, Environmental Policy | Tagged , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Is Benefit-Cost Analysis Helpful for Environmental Regulation?

With the locus of action on Federal climate policy moving this week from the House of Representatives to the Senate, this is a convenient moment to step back from the political fray and reflect on some fundamental questions about U.S. … Continue reading >

Posted in Climate Change Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Natural Resource Economics, Natural Resource Policy | Tagged , , , , , , , , , , , , , , , , , , , , | 5 Comments

National Climate Change Policy: A Quick Look Back at Waxman-Markey and the Road Ahead

Like any legislation, the Waxman‑Markey bill has its share of flaws, but its cap-and-trade system has medium and long‑term targets for reducing greenhouse gas emissions that are sensible, and the cap‑and‑trade system is — for the most part — well … Continue reading >

Posted in Climate Change Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy | Tagged , , , , , , , , , , , , , , | 10 Comments

The Wonderful Politics of Cap-and-Trade: A Closer Look at Waxman-Markey

The headline of this post is not meant to be ironic.   Despite all the hand-wringing in the press and the blogosphere about a political “give-away” of allowances for the cap-and-trade system in the Waxman-Markey bill voted out of committee … Continue reading >

Posted in Climate Change Policy, Energy Policy, Environmental Economics, Environmental Policy, Positive Political Economy | Tagged , , , , , , , , , , , , , , , , , , , | 45 Comments

Does economic analysis shortchange the future?

Decisions made today usually have impacts both now and in the future. In the environmental realm, many of the future impacts are benefits, and such future benefits — as well as costs — are typically discounted by economists in their … Continue reading >

Posted in Climate Change Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Natural Resource Economics | Tagged , , , , , , , , , , , , , , | 1 Comment

What Baseball Can Teach Policymakers

With the Major League Baseball season having just begun, I’m reminded of the truism that the best teams win their divisions in the regular season, but the hot teams win in the post-season playoffs.  Why the difference?  The regular season … Continue reading >

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