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Investment Risks Raise Costs and Shift Regional Efforts to Mitigate Emissions

A new study appearing in Nature Climate Change (of which I am a coauthor) explores how institutional considerations of risk affect the cost of large-scale investments in the power sector that increase or reduce carbon dioxide emissions. Unlike previous studies that assume uniform costs for investments, we apply financial charges that vary from country to […]

Coordination Challenges and a Policy Option for US and Global Climate Efforts

In recent years, US climate plans have changed abruptly. In a new RFF discussion paper, with RFF Center Fellow Anthony Paul and Research Assistant Sophie Pan, we examine the challenges for progress—specifically, of coordination among jurisdictions—that presently face policymakers in both the United States and around the world. The current centerpiece of US policy is […]

Understanding President Obama’s Arctic Development Plans

The landscape in the Arctic is changing, and in more ways than just ice cover. Over the last month, the Obama administration has made a number of significant announcements on Arctic policy. Leaving aside the one that has elicited the strongest response—the wilderness designation for the Arctic National Wildlife Refuge—a presidential memo directed the Department […]

EPA’s Methane Announcement: Connecting Some Dots

EPA issued a long-awaited statement today on its intentions to reduce methane emissions from the oil and gas extraction, processing and transmission sectors 40-45 percent of 2012 emissions by 2025. While EPA had begun to tackle emissions from new wells, and plans to continue down this road in the future (albeit by regulating methane directly […]

Resources Magazine: A Financial Approach to Environmental Risk

When we talk about risk in the financial world, we are typically referring to an asset or portfolio whose price may decrease down the road. Even though risk implies a level of uncertainty, we are able to model and measure the risks associated with these assets. One of the typical ways we do this is […]

Treatment of New Natural Gas under the Clean Power Plan

This is the tenth in a series of questions that highlights RFF’s Expert Forum on EPA’s Clean Power Plan. Readers are invited to submit their own comments to the questions and/or the responses using the “Leave a Comment” box below. See all of the questions to date here. RFF asks the experts: Should EPA modify how it […]

Land Conservation and Sea Level Rise—Florida Edition

If you’re a fan of crime fiction with a dash of humor, you might have read some of Carl Hiaasen’s books—Skinny Dip, Nature Girl, Paradise Screwed, to name three. If so, you’ve probably noticed Hiaasen’s love of nature, specifically the wild and woolly swamps and back woods of south Florida. In early November, Hiaasen wrote […]

Resources Magazine: What Americans Think About Climate Change

By Jon A. Krosnick, Nuri Kim, and Bo MacInnis. Polling Americans about climate change reveals a largely united desire for government action—and other surprises. On many issues, public opinion is so evenly divided that it does not provide a clear signal to government—but that’s not true on the issue of climate change. During the past […]

Cap and Trade in China: How Might It Work?

China plans to start a nationwide cap-and-trade market in 2016. But can China, whose economy still contains many nonmarket features, properly design and implement a fundamentally market-based policy? In our new RFF discussion paper, my coauthors (RFF’s Richard Morgenstern, Zhongmin Wang, and Xu Liu) and I attempt to answer this question by examining cap-and-trade pilot […]

More Natural Gas, Less Warming?

The unexpected energy revolution caused by the rapid growth in North American shale gas production has produced benefits related to the economy, jobs, energy security, and local air pollution, and has contributed to a decrease in US greenhouse gas emissions. However, as my colleagues and I report in a new study published online today by Nature Advance […]