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.
Writing
My columns, essays, books, as well as research and teaching materials like case studies.
Gross Domestic Product: Grossly incomplete, but we can fix it
Green accounting is honest accounting
Tackling Global Warming
New York Times Sunday Dialogue
The rebound effect is overplayed
by Kenneth Gillingham, Matthew J. Kotchen, David S. Rapson, and Gernot Wagner
Cut Power Plant Pollution
No Congress? No problem. Here's what Obama can do now.
Why Bloomberg Endorsed Obama
Yes, it really is climate change, stupid.
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.
Mobilizing the Private Sector: Quantity-Performance Instruments for Public Climate Funds.
by Arunabha Ghosh, Benito Müller, William Pizer, and Gernot Wagner
Don't just vote with your dollars. Vote.
New York Times Room for Debate
Rio Isn’t All Lost
Carbon emissions have increased by 50 percent since the first Earth Summit meeting in Rio de Janeiro, but the rapid development of wind and solar energy offers hope.
Air Travel and Global Warming: The EU Is Leading
Has the EU found a way to get consumers to bear more of the environmental costs of flying?
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
Innovation is Not Enough
Why Polluters Must Pay
For Young College Students, the Case for Economics
Economics is more than business. It's about setting the rules in the first place. That requires both a different toolkit and a different worldview.
Improving the Effectiveness of Climate Finance
ODI, CPI, EDF & Brookings joint research initiative
Le développement durable? C'est de l'économie pure et dure
French translation of Foreign Policy article
The Economic Case for Environmental Rules
Overall, the benefits of the 1970 Clean Air Act exceed costs by a factor of 30 to 1.
Cold, Hard Economics
Why changing your old lightbulbs and toting your eco-friendly canvas shopping bag around won't save the planet.
