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Category Archive for 'Environment'

The inevitable has become reality: New York State has banned fracking. Makes this sort of thing rather laughable, now doesn’t it? What can I really say? The epidemiology is not there to support “fracking” as being particularly dangerous. The environmental research is not there to support the idea that it is particularly harmful. Remember, good […]

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An article has been making the rounds recently about scientists at Harvard being fairly certain that aerosolic geoengineering approaches would be able to reduce the GHG effect by 50% or more, and in fact do so in a way that not only cools the planet, but does so in a way to ensure that we […]

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Humans, most of the time, use their brains. We adapt. Here is some pretty startling research from Steven Levitt on the impacts of Hurricane Katrina. Note, that this is not to be construed as advocating breaking windows. he Economic Impact of Hurricane Katrina on its Victims: Evidence from Individual Tax Returns Tatyana Deryugina, Laura Kawano, […]

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How Many?

Stories like this and this will it take before some decent writer or wonk suggests that maybe, possibly, perhaps an “optimal” solution to the global warming problem is to live with the global warming problem? It seems to me that our actions and our words are quite different. Long-time readers know of my affinity for […]

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Suppose you are worried that some particular activity threatens the water that you rely upon. In many cases, since there are so many possible polluters invading “our” water resources and since there are so many people who use a water source, the idea of arranging contracts between polluters and pollutees to get an optimum amount […]

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Global Fuel Subsidies

Lucas Davis has estimated the economic cost of global fuel subsidies. It’s a short and easy to read paper and I think as valuable as any complex paper written in economics. He is estimating only a portion of the economic cost of fossil fuel policy – asking what the “dead weight loss” is due to […]

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As I’ve said a hundred times. the “E”nvironmental movement is going to be responsible for destroying the planet. Coyote was at a meeting of California State Parks officials, you can’t make this stuff up: I watched a 20 minute presentation in which a woman from LA parksĀ talked repeatedly about the urban heat island being a […]

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Yesterday, we computed the elasticity of Co2 concentrations with respect to economic output. Today, we’d like to report on what we know about the earth’s temperature elasticity with respect to CO2 concentrations. This of course is a far more “controversial” aspect of the climate change “debate.” The climate scientists have long said that the Earth’s […]

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Economic Climate Sensitivity

World GDP was roughly $3.5 trillion (in today’s dollars, Maddison’s data is 1990 dollars) when global warming “started.” World GDP is on the order of $80 trillion today. CO2 concentrations were roughly 280 ppm at the “start” of global warming. CO2 concentrations are roughly 400 ppm today. What is the CO2 elasticity of “demand” with […]

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The Earth was not created and does not change just so that humans are comfortable. The entire human challenge is to figure out ways to remain resilient in the presence of a hostile planet, and to make ourselves as adaptable to what the Earth has to offer us. That means in other words that the […]

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