Economics

A feed of recent articles relating to Behavioral Economics from The Daily Climate.


26 May 2017. Bipartisan bill introduced to fix neighborhood floods. – As floodwaters from some of the highest tides of the year spilled this week into cul-de-sacs and avenues from Delaware to Hawaii, federal legislation was introduced to ease the growing toll that rising seas are taking on coastal neighborhoods.

26 May 2017. Trump budget's cuts to climate 'totally inexplicable,' former agency heads say. – 'I think we’re going to see a huge backlash,' said former Bush EPA chief Christine Todd Whitman.

26 May 2017. Rising seas may wipe out these Jersey towns, but they're still rated AAA. – When Ocean County wanted to sell $31 million in bonds maturing over 20 years, neither of its two rating companies, Moody’s Investors Service or S&P Global Ratings, asked any questions about the expected effect of climate change on its finances.

26 May 2017. Pretty soon electric cars will cost less than gasoline. – Battery powered cars will soon be cheaper to buy than conventional gasoline ones, offering immediate savings to drivers, new research shows.

26 May 2017. Coal India wins tax-cut boost as environmentalists fret. – State-run Coal India Ltd, saddled with millions of tonnes of unsold coal, is expected to be the biggest beneficiary of a controversial government decision to more than halve the local sales tax on the fuel after a jump in local supplies.

26 May 2017. Big polluting lobbyists may be forced to declare interests at UN talks. – Is the presence of the fossil fuel industry necessary in global climate change negotiations, or does their presence in these talks represent a conflict of interest and undermine global progress?

26 May 2017. Election 2017: Pollution and climate change will ravage NZ as long as politicians dodge big questions. – New Zealand needs good policy that deliberately, effectively, and sustainably tackles issues to build a more resilient and healthy environment for generations to come.

26 May 2017. Top Republicans chagrined over proposed cuts that hit home. – In the weeks after the Trump administration sent its skinny budget to Congress, bipartisan angst over the depth of proposed cuts swept across the Capitol.

25 May 2017. Trump budget still funds one big climate program. – Programs to track emissions from vehicles, factories, power plants and other sources would continue to receive funding.

25 May 2017. Mexico urges wealthy nations to help poorer states cut disaster risk. – Mexico's president issued a communique with world leaders recognizing the fast-growing cost of natural disasters, exacerbated by climate change.

25 May 2017. State Democrats have new leverage in effort to curb greenhouse gases. – If lawmakers can’t agree on a way to extend cap-and-trade, the state could place costly mandates on companies to cut emissions.

25 May 2017. Obama's Clean Power Plan might be dead in DC, but states are rebuilding it themselves. – A growing list of state governments across the country are uniting in their desire to lower pollution and increase renewables.

25 May 2017. Demand rebounds for California pollution permits. – Demand for California pollution permits rebounded in the first quarterly auction since an appeals court upheld the program, generating about $500 million for the state, according to results released Wednesday.

25 May 2017. OPEC, caught in pincers of price and technology, tries to control the oil market. – OPEC is widely expected to extend oil production cuts, but major shifts already underway could reduce the impact of whatever tactics the bloc adopts.

25 May 2017. Climate change: California carbon auction rebounds. – California’s market-based program for fighting climate change had struggled badly over the past year. On Wednesday, it bounced back sharply.

25 May 2017. There’s way less coal than we thought. – A young researcher’s discovery about fossil fuels and climate change was so troubling, he wondered, “Oh man, am I really right about this?”

25 May 2017. 'Monitor the damn thing': Narrabri council seeks government role for CSG project. – Public faith in the $3 billion coal seam gas field proposed by Santos is unlikely without independent monitoring of its environmental impacts, according to the head of planning at Narrabri Shire Council.

25 May 2017. 8 energy and environment numbers to watch on the Hill. – These are the eight numbers to watch as the battle over the Trump administration's fiscal 2018 budget proposal plays out over energy and environmental issues.

25 May 2017. China to partly fund new CSIRO climate research centre. – CSIRO's re-embracing of climate change research will be underlined on Monday when the national science agency announces a new centre partly funded by Chinese interests.

25 May 2017. Ineos buys Dong Energy's oil and gas business. – Anglo-Swiss chemicals firm Ineos has bought the oil and gas business of Dong Energy for £1bn, a major milestone in the Danish company’s switch from hydrocarbons to renewable energy.

25 May 2017. Emerging economies take lead on going green, but investment needed. – Emerging economies are increasingly taking the lead in shifting the world onto a cleaner development path, a senior World Bank official said on Wednesday, pointing to the role of China and India in pushing down the cost of producing solar power.

25 May 2017. Climate policies could boost economic growth by 5 percent, OECD says. – While economists add up the value of lowering emissions and boosting resilience to climate change, Donald Trump is taking the U.S. in the opposite direction.

25 May 2017. Nuclear weapons flourish while 'crazy' climate spending ends. – If Congress enacts President Trump's dream budget, environmental efforts around the country will suffer, more people will get sick and die, and the offices charged with protecting them would face scores of lawsuits, according to a dire picture painted by state officials yesterday.

25 May 2017. Electric cars becoming popular as grid gets greener. – Electric car owners in Tennessee view climate benefits as nice extras - not as key selling points.

24 May 2017. Old coal mines have a place in the future of clean energy. – A century-old technology is being reimagined as renewables boom.

24 May 2017. Industry group wants to pull out of kids' climate case. – The National Association of Manufacturers is trying to get out of a landmark climate change lawsuit that a group of children filed against the U.S. government.

24 May 2017. Renewable energy powers jobs for almost 10 million people. – Renewable energy employed 9.8 million people last year, up 1.1 percent from 2015, led by solar photovoltaic at 3.09 million jobs, according to the International Renewable Energy Agency’s annual report on the industry.

24 May 2017. Elon Musk told Donald Trump what to do about the Paris Climate Agreement. – Given his role in alternative energy, it's no surprise that Musk is in favor of the 2016 treaty.

24 May 2017. Company climate risk disclosure could become mandatory in a few years. – Companies' disclosure of risks to their business from climate change could become mandatory in a few years as investor pressure gathers pace, climate finance experts said on Tuesday.

24 May 2017. World to cut emissions with or without Trump. – In a last-ditch effort, Germany and China are trying to influence the United States not to walk away from the Paris climate change accord it signed along with 194 nations.