How Virus Testing Is Just Like A Carbon Tax
Testing and taxing are important steps in the fights against the pandemic and climate change— and both have their limits.
My columns, essays, books, as well as research and teaching materials like case studies.
Testing and taxing are important steps in the fights against the pandemic and climate change— and both have their limits.
Pausing the World to Fight Coronavirus Has Carbon Emissions Down—But True Climate Success Looks Like More Action, Not Less
Like climate economics, the economics of Covid-19 mean we need to take aggressive action, not incremental steps.
To make sense of the spread of Covid-19, economics—particularly black swan events and compound growth—can provide guidance.
The power of compound growth has long been recognized as essential to economic development. But in both the COVID-19 pandemic and the slower-moving climate crisis, this same mathematical force is cutting the other way, revealing dangerous shortcomings in how we manage externalities.
When considering travel and other choices, economic principles can provide guidance.
A $40 carbon dioxide price? Try $100, $200, or possibly more.
The money would go far in politics, but it will also allow for technological experimentation and will take a fundraising burden off recipients.
To drive down tomorrow’s CO₂ emissions, governments need to subsidize fossil fuel alternatives, too.
by Jonathan Camuzeaux, Thomas Sterner, and Gernot Wagner
Inaugural Risky Climate column
by Kent D. Daniel, Robert B. Litterman, and Gernot Wagner
By Gernot Wagner and Constantine Samaras
1 April 1942 - 27 August 2019
by Jesse L. Reynolds and Gernot Wagner
Classifying policies by type and by rights assigned to polluters or victims.
by Thomas Sterner et al
Efforts to combat climate change should be pragmatic above all else.
by J. Paul Kelleher and Gernot Wagner
by Wake Smith & Gernot Wagner