There are broad disagreements over climate change policies among public officials and academics. One key source of debate hinges on how best to account for the multigenerational distribution of costs and benefits associated with various policies. This is an important consideration because if governments cut emissions immediately, the beneficiaries will...

What is wrong with current U.S. energy tax policy? What kind of policy is appropriate for the twenty-first century?

A twenty-first-century energy policy would shift the United States away from fossil fuels and toward renewable energy while reducing the cost to taxpayers and aligning private and social interests.