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Richard Schmalensee served as the John C Head III Dean of the MIT Sloan School of Management from 1998 through 2007. He was a member of the President s Council of Economic Advisers from 1989 through 1991 and served for 12 years as Director of the MIT Center for Energy and Environmental Policy Research.
Professor Schmalensee is the author or coauthor of 11 books and more than 120 published articles, and he is co-editor of volumes 1 and 2 of the Handbook of Industrial Organization. His research has centered on industrial organization economics and its application to managerial and public policy issues, with particular emphasis on antitrust, regulatory, energy, and environmental policies. He has served as a consultant to the U.S. Federal Trade Commission, the U.S. Department of Justice, and numerous private corporations.
Published: Tuesday, March 2, 2021
President Joe Biden (l) walks with Vice President Kamala Harris (r) and Secretary of Defense Lloyd Austin (c) at the Pentagon on Feb. 10, 2021. Photo credit: Adam Schultz/White House/Flickr
The new 2021 Trade Policy Agenda released by the U.S. trade representative says that the Biden administration will consider carbon border adjustments to control emissions. Adam Schultz/White House/Flickr
The Biden administration yesterday floated the idea of taxing carbon-intensive imports as part of this year s Trade Policy Agenda, touching on an idea that has gained traction in the European Union and United Kingdom.
The Office of the U.S. Trade Representative said in its annual policy report that it would consider carbon border adjustments essentially a carbon tariff as appropriate, and consistent with domestic approaches to reduce U.S. greenhouse gas emissions.
Caption: There is tremendous and growing interest in environmental questions within economics, says Assistant Professor Clare Balboni. Economic models and methods can help to enhance our understanding of how to balance the imperative for continued growth in prosperity and well-being particularly for the world’s poorest with the need to mitigate and adapt to the environmental externalities that this growth creates. Credits: Photo courtesy of Clare Balboni
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In an ongoing series, Solving Climate: Humanistic Perspectives from MIT, faculty, students, and alumni in the Institute s humanistic fields share scholarship and insights that are significant for solving climate change and mitigating its myriad social and ecological impacts.