Climate economist, Columbia Business School
https://gwagner.com
Juggernaut without the jug.
Gernot Wagner
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UPDATE: The NJ Make Polluters Pay Act passed out of the State Senate Environment and Energy Committee yesterday by a 3-2 vote! 🥳
For the rest of us, inflation is indeed a problem. And yes, it's dominated by fossilflation these days
gwagner.com/nature-fossilflation
Wait a decade of two, for when we will yearn for today's wild temperature swings as quaint oscillations of the recent past
Wait, wait, I know that one:
"This parking spot is free. Should it be?"
Nope.
Worth a look: www.nytimes.com/interactive/...
The AI revolution is a digital twin of the green transition.
Plenty of strategic, economic, and political similarities, plenty of pitfalls, of course, too.
My latest @projectsyndicate.bsky.social column, joint Adam Bauer: prosyn.org/USE8D29?h=AE...
What a story
www.theguardian.com/lifeandstyle...
One possibly uncomfortable parallel is that standing in the way won't work: "The operative word here is indeed 'guide.' Since both changes are all but inevitable, it makes no sense to try to stand in their way."
See e.g.: Texas, solar¹
¹ gwagner.com/texas-solar
¹ gwagner.com/hle with J. Patrick Behrer, R. Jisung Park et al.: "One additional day >32 °C (90 °F) lowers annual payroll by 0.04%, equal to 2.1% of average weekly earnings."
Another day, another heat advisory.
At what point are we going to 'adapt' out of this one and just skip the daily advisories, building the productivity hits into our economic forecasts¹, perhaps even legislating them out of existence by declaring heat advisories to be too 'political'?
2-8A Rutland Gate had jewel-encrusted bathroom suites and gold wastepaper bins in its 45 rooms, but has lain empty for years. With many people desperate for secure housing, what does the abandonment o...
Today's mission: Trenton, NJ, to testify concerning the Polluters Pay to Make New Jersey More Affordable Act.
Yes, oil prices are set at a global market (ahem, gwagner.com/scope)
No, making polluters pay for past pollution won't increase gas prices at the pump
gwagner.com/testimony-nj-a3735
Gernot Wagner
Gernot Wagner
Gernot Wagner
Gernot Wagner
Gernot Wagner
Gernot Wagner
“I love the inflation."
-A direct quote from the president of the United States.
"Do you know we've been taking out millions of barrels of oil?"
