Robert Litterman, a well-known economist —a “legend on Wall Street”— has an idea for spurring government and private investment into reducing carbon-dioxide emissions. Peter Coy, a New York Times columnist, discusses the “carbon-linked bond”: “The problem Litterman is trying to solve is that many private investors are unwilling to invest heavily in climate solutions because…
Tag: Climate Change
You Knew the Media Were Biased on Climate Change. An Academic Study Shows It.
Our thanks to Roger Pielke Jr. for bringing attention to a new study that quantifies the media bias on climate change. Pielke summarizes the study this way: “In 2020, scholars published more than 50,000 peer-reviewed papers on climate change in almost 6,000 journals. A new study by Marie-Elodie Perga and colleagues looks at how these papers…
Friday Links: From “Green Energy” Credits to Climate Resilience in Coastal Areas
- The Washington Post expresses doubts about “green energy” credits.
- More anxiety about the power grid. (The fault, says Axios, is the hot weather anticipated this summer.)
- The Biden administration doles out staggering amounts of money:
- It lends $9.5 billion to Ford to make batteries for electric vehicles.
- Plans to spend nearly $1 billion to electrify federal buildings.
- Will hand out $575 million for “climate resilience” in coastal communities.
The New York Times Gets It—Well, On the Other Hand, Maybe Not
The New York Times has noticed that the current electricity grid is not sufficient for all the wind and solar energy that the Biden administration thinks it should be carrying. Write Nadja Popovich and Brad Plumer: “The climate stakes are high. Last year, Congress approved hundreds of billions of dollars for solar panels, wind turbines,…
‘Reducing CO2 Concentrations In the Atmosphere Is Not An End In Itself’
Economist Donald Boudreaux explains why it’s a mistake to treat reductions of C02 as an overriding goal: “The correct criterion is how well human beings protect their lives and livelihoods given the fact that the production of much of what makes modern life possible involves as a by-product the emission of CO2.”