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An environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
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Category Archives: Climate change
Question: If an effective carbon tax or cap-and-trade policy is in place to limit greenhouse gas emissions, is there any point in having a separate policy to promote renewable energy sources? I have read several times recently that the answer … Continue reading
A carbon tax can be an effective policy for reducing emissions. It also affects output and social welfare. Like many economists I am fond of diagrams. I feel I understand a piece of economics when I see it expressed in … Continue reading
The UK is to require quoted companies to report on their greenhouse gas emissions (1). This modest measure raises a number of economic issues. Why is the government introducing this requirement? It believes that mandatory reporting will complement pricing instruments … Continue reading