Keyword: climate change

This European survey examines: Putting America First in International Environmental Agreements: https://www.whitehouse.gov/presidential-actions/2025/01/putting-america-first-in-international-environmental-agreements/ 'In recent years, the United States has purported to join international agreements and initiatives that do not reflect our country's values or our contributions to the pursuit of economic and environmental objectives... The United States Ambassador to the United Nations shall immediately submit formal written notification of the United States' withdrawal from the Paris Agreement under the United Nations Framework Convention on Climate Change.' (a) US withdrawal from the Paris climate agreement will deliver a measurable boost to the country's economic growth over the next four years; (b) US withdrawal from the Paris climate agreement will have a measurably negative impact on international progress on mitigation of global warming

This US survey examines: The new administration has issued three executive orders related to energy and climate: Declaring a National Energy Emergency: https://www.whitehouse.gov/presidential-actions/2025/01/declaring-a-national-energy-emergency/ 'The United States’ insufficient energy production, transportation, refining, and generation constitutes an unusual and extraordinary threat to our Nation’s economy, national security, and foreign policy. In light of these findings, I hereby declare a national emergency.' Insufficient energy production, transportation, refining, and generation constitute a substantial threat to the US economy. (b)Unleashing American Energy: https://www.whitehouse.gov/presidential-actions/2025/01/unleashing-american-energy/ 'The calculation of the “social cost of carbon” is marked by logical deficiencies, a poor basis in empirical science, politicization, and the absence of a foundation in legislation… rendering the United States economy internationally uncompetitive… the Administrator of the EPA shall issue guidance to address these harmful and detrimental inadequacies, including consideration of eliminating the “social cost of carbon” calculation from any Federal permitting or regulatory decision.' Eliminating the ‘social cost of carbon’ calculation from any Federal permitting or regulatory decision would substantially improve the international competitiveness of the US economy. (c) Putting America First in International Environmental Agreements: https://www.whitehouse.gov/presidential-actions/2025/01/putting-america-first-in-international-environmental-agreements/ 'In recent years, the United States has purported to join international agreements and initiatives that do not reflect our country’s values or our contributions to the pursuit of economic and environmental objectives… The United States Ambassador to the United Nations shall immediately submit formal written notification of the United States’ withdrawal from the Paris Agreement under the United Nations Framework Convention on Climate Change.' Withdrawal from the Paris climate agreement will deliver a measurable boost to US economic growth over the next four years.

This European survey examines (a) On the basis of current climate policy commitments and potential technology and market responses, my current best estimate for global warming is that average global temperatures by 2100 will rise to no more than 2.5 degrees Celsius above pre-industrial levels

This European survey examines (a) Government subsidies for investment in green technologies are justified by substantial benefits coming from reducing unpriced carbon emissions and generating positive R&D spillovers; (b) Using subsidies for green technologies instead of full carbon prices will lead to substantially more rent-seeking and hence substantially higher costs to achieve a given reduction in emissions

This US survey examines (a) Government subsidies for investment in green technologies are justified by substantial benefits coming from reducing unpriced carbon emissions and generating positive R&D spillovers; (b) Using subsidies for green technologies instead of full carbon prices will lead to substantially more rent-seeking and hence substantially higher costs to achieve a given reduction in emissions

This US survey examines (a) In the aftermath of Hurricane Ian, the level of Florida’s GDP in five years will be substantially lower than it otherwise would; (b) The prospect of further costly extreme weather events means that there is a substantial chance that some private property insurance markets will no longer exist in ten years in states such as Florida; (c) Without large government subsidies, mandated flood insurance requirements would substantially reduce losses from subsequent natural disasters by encouraging economic activity to migrate from the most flood-prone areas

This week's US Economic Experts Panel statements: Sound policy would involve increasing significantly the currently near-zero price of emissions of carbon dioxide and other greenhouse gases.