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Renewable energy not as costly as some think
The other day Marshall and Sol took on Bjorn Lomborg for ignoring the benefits of curbing greenhouse gas emissions. Indeed. But Bjorn, am...
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It's been a long haul, but my coauthor Wolfram Schlenker and I have finally published our article with the title of this blog post in th... -
This morning's slides. I believe slides with audio of the presentation will eventually be posted here . Open publication - Free pub...
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The other day Marshall and Sol took on Bjorn Lomborg for ignoring the benefits of curbing greenhouse gas emissions. Indeed. But Bjorn, am...
Thanks for writing this out - much more cogent than my first attempt.
ReplyDeleteThe one thing I'm not sure it captures fully is the interaction with existing low-carbon energy technologies (as opposed to future innovations). The demand for total energy is inelastic in the short term, but the demand for carbon-based energy is probably more elastic because as prices climb higher, broader swathes of existing low-emission technologies (wind, solar, nuclear, etc.) become economically viable.