EconTech

More on Carbon Policy Equivalence
Please read Arnold Kling.
My sympathies in economics lie with the so-called “new institutionalists.” I think institutionalists are going to see more clearly than neoclassicals the rather big difference between a carbon tax and a whole new market institution for trade in government-created and government-rationed permits.
But let’s back up a little, [...]

Anyone who has kept their eyes open on the biofuel issue knows that the biofuels as they are currently being produced are an enormous waste of energy and money. This FT article hardly mentions that. Not only that, but I have to assume that “agricultural scientists” are getting some kind of funding from agricultural agencies, [...]

The downsides of ethanol are obvious to anyone familiar with large-scale farming practices, plus there just won’t be enough. And yet, I STILL keep hearing people proclaiming the wonders of ethanol and other biofuels. Look, I’m all about protecting the environment. But it is going to be harder than burning corn. PK:
Demon ethanol

I’m almost never [...]

I often here the claim that goes something like this:
These scientists know that if they do research and results are in no way alarming, their research will gather dust on the shelf and their research careers will languish. But if they do research that sounds alarms, they will become well known and respected and receive [...]