The governors of California, Oregon, and Washington and the premier of British Columbia signed a climate pact on Monday that announced the intent of two new carbon prices: a cap-and-trade system in Washington and, likely, a carbon tax in Oregon. Prices on carbon in these states would add to pre-existing ones in California and British […]
I recently testified before a California Senate Select Committee on the state’s climate policies about California’s interactions in the development of policy across the country and internationally. I highlighted the four main points below in my remarks, and you can read the full testimony here. California is not alone. It is joined by many other […]
Here’s a shameless plug for a new RFF Press book about naming and shaming polluters. OK, the title, “Environmental Regulation and Public Disclosure: The Case of PROPER in Indonesia” is admittedly a bit owlish. But I think many will be quite interested in the contents—an in-depth case study of an innovative pollution control program in a […]
Tax exemptions, industry rebates, and border tax adjustments can help protect the competitiveness of industries affected by a carbon tax, but they are not equally efficient at achieving economic and environmental goals. In the latest issue of Resources, Richard Morgenstern, Nathan Richardson, and I examine the issues. Read more here.
The United States has seen rapid recent development of shale gas. What are the factors behind the notable growth in the past decade? And what does it mean for shale gas development elsewhere in the world? Alan Krupnick and I examine the history of the US shale gas boom in a new RFF discussion paper. […]
Building on recent work that highlights the need to account for institutions in crafting economic solutions to environmental problems, Matt Woerman and I look specifically to the implementation of climate policy—and how incentive-based thinking can help. Read more here.
Xinhua reported recently that China will introduce a carbon tax. The actual announcement by Jia Chen from the Ministry of Finance buried the mention of the new carbon tax within a broader set of tax reform goals. Other reforms mentioned included the use of taxes to promote innovation and the development of small- and medium-sized businesses. This is […]
A recent episode of NPR’s Planet Money discussed Ecuador’s proposed solution to a national dilemma: the fact that a massive oil discovery and a national park happen to be in the same place. Ecuador’s proposal is to forswear drilling – but only if other countries donate half the value of the oil in aid (about $3.6 […]
New research explores lessons learned to date from carbon markets around the world and presents new issues to be examined in the future, such as the linking of existing markets. Click here to read the feature in its entirety.
Persistent low natural gas prices and, to some extent, EPA regulation are driving fuel switching from coal to gas in the electric power sector, reducing domestic demand for U.S. coal. The U.S. already exports a lot of coal, but the trend toward gas has led some firms to more aggressively pursue export markets. Increasing exports, […]