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.

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.

The ongoing COVID-19 pandemic is upending our lives and the global economy in ways unimaginable until recently. While the overall impacts are still difficult to quantify, ramifications are sure to be felt for decades to come. Providing secure, reliable, and affordable resources for all without causing devastating environmental consequences is perhaps the greatest challenge of the 21st century. But the pandemic has significantly altered dynamics and changed priorities. How is this impacting the quest for sustainability?

In this paper we analyze these challenges by focusing on the plastic industry. There is no doubt that plastic has molded society in many ways that make our lives easier and safer, but it has also created a global environmental and sustainability crisis. In order to curb our addiction to plastic, the world had been waging a war against virgin plastic, but the pandemic has turned an enemy into a much-needed ally. How can we leverage the advantages of plastic without contributing to the world’s environmental crisis? This dilemma poses a significant challenge, but also opens an opportunity to address sustainability at a systemic level through circularity and the transition to low-carbon alternatives to petroleum-based plastics.

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.

 The Gazette spoke with John Holdren, Teresa and John Heinz Professor of Environmental Policy at the Harvard Kennedy School and professor of environmental science and policy in the Department of Earth and Planetary Sciences, about what the incoming Biden-Harris administration reinstalling science as a foundation for government policy means.