Tag archives for economics

History suggests he’s wrong.

Hoping for lower prices at the pump? Don’t hold your breath. Here’s why. During presidential election years, pretty much anything can become a political football. And so it‘s not surprising that with gasoline prices well above $3 a gallon, the cost of gasoline has become a topic on the stump. Mitt Romney and his fellow…

We recently took a look at the new electric cars that are charging into the automotive market, despite the obstacles they still face in displacing the gasoline-powered vehicles that are still king of the road. One reader raised a simple, but excellent question, because it really is at the heart of why EVs are expected…

Part two — the view from the grassroots. Last week I led a group of Nicholas School colleagues on an “eco fact-finding” trip to learn about fracking in Pennsylvania. We spent the first half of the trip (covered last week) touring facilities and getting a bird’s eye view of what’s going on with the landscape.…

Two reports came out this week on climate change, neither of which drew much public notice outside the investing world. One, by Mercer consulting, managed to generate a little bit of news with its warning that climate change poses significant risks to investment portfolios over the next 20 years. I wouldn’t be at all surprised…

The headlines from the State of the Union said, “Clean Energy.” What I heard was: “we need to do this together.” President Obama laid out an ambitious agenda to spur innovation and remain competitive globally. But he also used that agenda to send an important message in a fractured political time: The time for division…

In my undergraduate environmental economics class at UCLA, I ask my students to discuss whether buying a Prius could increase their gasoline consumption and thus increase their greenhouse gas production.    David Owen would argue that it certainly could.  Suppose that I used to drive a vehicle that achieved only 25 MPG.  If gasoline is priced…