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The Healthy Climate and Family Security Act of 2014 is a misguided effort to combat the exaggerated anthropogenic climate change threat. It will lead to massive wealth redistribution that would hurt the consumer and decrease aggregate wealth.
Congress designed the current CAA around two fundamental misunderstandings about air pollution, misunderstandings that make the statute clumsy and that hinder further attempts at emissions reductions.
You just can't out-gloom an environmentalist. The Atlantic invited some luminaries to answer the question "How and when will the world end?" Some contributions were funny. Others simply plausible.
President Obama, speaking on climate-change at Georgetown University on Tuesday, invoked science again and again. But the policies he pushed had less to do with the findings of physics than the wishlists of corporate lobbyists.
Solar radiation management (SRM) appears to offer at least some capacity to offset the warming caused by rising atmospheric greenhouse gas concentrations. A workable SRM system could offer a highly useful backup and supplement to current climate policy options.
We welcome you to join us as a panel of economists discuss US wage and price prospects in the coming months and the implications for the Federal Reserve’s current unorthodox monetary policy.