Science & Technology

Paul Joskow, the Elizabeth and James Killian Professor of Economics emeritus at MIT and former President and CEO of the Alfred P. Sloan Foundation in New York City, shared his thoughts on U.S. regulatory economics and climate change policy in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.”

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In the face of advancing impacts of climate change — fires, smoke, floods, droughts, storms, and heat— Lara Hansen and Joel Clement argue for changing the way the country does business in every facet of the economy, with an eye toward reducing risk, increasing resilience, and ensuring equity and justice.

This study provides a whole-systems simulation on how to halve global CO2 emissions by 2050, compared to 2010, with an emphasis on technologies and costs, in order to avoid a dangerous increase in the global mean surface temperature by end the of this century.

By investing in the public and private sector research and development in this space, and by fostering a community of researchers, entrepreneurs, and investors literate in CO2 capture opportunities, the United States can be the leader of this new economic sector. It is essential for the Nation to build a vibrant and sustained research and development community spanning the public sector, academic and research domains, and for-profit companies, ensuring world leadership in this new technological domain.

Daniel Esty, the Hillhouse Professor of Environmental Law and Policy at Yale University and author of the new book, Values at Work: Sustainable Investing and ESG Reporting, expressed his optimism for the prospects of climate policy in the Biden Administration in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.

President Joe Biden started signing executive orders and announcing new hires after his inauguration. Joel Clement, a former senior executive and whistleblower at the Interior Department, elaborates on what this would mean for his former agency.

Daniel Schrag argues that in order to reestablish the United States as a serious partner in addressing global climate change, the president must make good on the original standards of the Paris Agreement.

Richard Revesz, the Lawrence King Professor of Law at New York University and co-founder of the Institute for Policy Integrity, shared his thoughts on how the transition to a new presidential administration later this month will impact U.S. environmental and climate change policy in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.

Stephen Walt looks back at the Trump administration as four years of big ambitions, a handful of successes—and many more failures. He concludes that it was more than a missed opportunity because Trump's blunders have left the United States in much worse shape than when he took office. 

Professor Joseph Aldy says the incoming U.S. administration can breathe new life into global efforts against climate change, but faces daunting political and economic obstacles.