Inconvenient Uncertainties
by Gernot Wagner and Martin L. Weitzman
Essays
Essays, op-eds, opinion essays, and other writings in publications like the FT, NYT, WaPo, New York Magazine, Salon, OPEC Fund Magazine(!), and many others.
Air conditioning is not the enemy
Carbon pollution is.
Judge a carbon market by its cap, not its prices
The goal of emissions trading systems is to make them scarce, not to make them costly.
Gross Domestic Product: Grossly incomplete, but we can fix it
Green accounting is honest accounting
Was Hurricane Sandy the ‘Fat Tail’ of Climate Change?
by Gernot Wagner and Martin L. Weitzman
Playing God
The climate problem, twice over: Seven billion "free riders," meet the "free drivers" of geoengineering.
It’s not over ‘til the fat tail zings
You can bail out AIG, Greece, or even the United States. You can’t bail out the planet.
Naomi Klein is half right
Distorted markets are the real problem
The Economic Case for Environmental Rules
Overall, the benefits of the 1970 Clean Air Act exceed costs by a factor of 30 to 1.
Going Green but Getting Nowhere
Don’t stop recycling. Don’t stop buying local. But add mastering some basic economics to your to-do list.