Daily Energy Markets Podcast
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Models can predict catastrophic or modest damages from climate change, but not which of these futures is coming.
Energy-economic models are increasingly being used to inform climate mitigation policies. This Comment describes three situations where models misinform policymakers and calls for more iterative, policy-orientated modelling exercises that maximize learning in the pursuit of long-term emissions reductions goals.
While he hasn’t released an official plan, Trump’s playbook the last time he was in office and his frequent complaints about clean energy offer clues to what’s ahead.
Putting a price on carbon is a critical part of a low-cost strategy for reducing greenhouse gas (GHG) emissions, and a national carbon tax is a rare example of a climate change policy that has found bipartisan support in the United States.