When idiot savants do climate economics
How an elite clique of math-addled economists hijacked climate policy.
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How an elite clique of math-addled economists hijacked climate policy.
How William Nordhaus and an elite clique of math-addled economists hijacked climate policy.
View the San Francisco for Wednesday, October 5, 2022
Unable to enact cap-and-trade legislation, even when he was supported by filibuster-proof majorities in Congress, President Barack Obama famously claimed, “Cap and trade was just one way of skinning the cat; it was not the only way.”[1] The primary alternative way to skin the cat is regulation by federal agencies, especially by the Environmental Protection Agency (EPA).
Researchers at UC Berkeley and Resources for the Future have created a new estimate for the social cost of carbon dioxide in a study published Thursday.