Tag Archives: externalities
The ultimate gridlock
As reported in Environmental Finance (March 2012) over a hundred cases have been filed in the US courts against companies accused of causing global warming. Plaintiffs include states such as California and Connecticut, property owners and Eskimos. This is the … Continue reading
Clash of the titans: Birol, Stern and Günther.
The front page of the Financial Times today says: “Soaring oil prices risk recession”. The chief economist of the International Energy Agency, Fatih Birol, says that the high oil prices have the capacity to tip the global economy back into … Continue reading
Mad Men: hope for the planet
Of the two American TV shows we are currently watching at home, Mad Men and The Big Bang Theory, Mad Men is the more instructive in the matter of climate change policy. It portrays the life of high-octane advertising executives … Continue reading
Property rights and wrongs, or: the iron fist of socialism in a free-market kid-glove?
It’s really good when right-wing people think about addressing environmental problems, because the more people that put their brains to these intractable issues, the better. But there is a danger where you put the mantra before the problem. A case … Continue reading