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Welcome to Carbon Pricing: How to account for the social cost of carbon
Guest economists discuss what it means to put a price on carbon emissions as a tool to wring fossil fuels out of the economy and accelerate the emerging transition to renewable energy.
Thanks to Marion Owen Photography for sharing her beautiful imagery of life on Kodiak.
Marc Hafstead, Resources for the Future
Marc Hafstead is Director of the Carbon Pricing Initiative for Resources for the Future. His research focuses on the evaluation and design of climate and energy policies. He co-authored Confronting the Climate Challenge: US Policy Options (Columbia University Press) evaluating the environmental and economic impacts of carbon taxes, cap-and-trade programs, clean energy standards, and gasoline taxes using a sophisticated multi-sector model of the United States. His research also analyzes the distributional and employment impacts of carbon pricing and the design of tax adjustment mechanisms to reduce the emissions uncertainty of carbon tax policies. He holds a PhD in Economics from Stanford University
Yoram Bauman, Stand-Up Economist
Yoram Bauman makes a living as “the world’s first and only stand-up economist”, but he is also an environmental economist who founded Carbon Washington, which in 2016 placed the first-ever carbon tax measure on the ballot. He is the co-author of the Cartoon Introduction to Climate Change, the two-volume Cartoon Introduction to Economics, and the 1998 book Tax Shift, which helped inspire the revenue-neutral carbon tax in British Columbia. Bauman takes his comedy act to colleges and corporate events around the country and around the world. His goals in life are to spread joy to the world through economics comedy; to reform economics education; and to implement carbon pricing. He holds a PhD in Economics from the University of Washington.
More information on topics discussed in this episode:
- Learn about the fundamentals of carbon pricing policy from what it is to how it affects people and the economy – Resources for the Future carbon pricing explainer series
- Track discussions among members of Congress:
Learn about the U.S. Senate bi-partisan Climate Solutions Caucus.
Listen to this bi-partisan panel discussion with Sen. Lisa Murkowski and Sen. Sheldon Whitehouse at Stanford University.
- Learn more about the Energy Act of 2020 championed by Sen. Lisa Murkowski.
- NOAA’s National Centers for Environmental Information (NCEI) published this 2020 update, officially confirming what communities across the U.S. experienced first-hand: 2020 was a historic year of weather extremes – “2020 U.S. billion-dollar weather and climate disasters in historical context”