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Out in
@PNASnews today: "Declining CO₂ price paths" It introduces EZ Climate, a climate-economy model financial economists would recognize. It's joint with two stellar ones: Columbia's Kent Daniel & ex top Goldman Sachs risk manager@BLitterman. http://pnas.org/content/early/2019/09/30/1817444116 …pic.twitter.com/7mwHrdQ5Py
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Gernot Wagner proslijedio/la je Tweet
Feels like we’re going to see American industrial policy become more popular, basically no matter what else happens. The only question is whether the US embraces it on climate and zero-carbon technology in time.https://www.wsj.com/articles/u-s-pushing-effort-to-develop-5g-alternative-to-huawei-11580831592?emailToken=5c64c5af585a65a6a4acb35608a873904Zx0wuHLy1QHpA+T1MfTJp8HrVfp7hNSVqnC51a2zD7cIZBIr9+IbRG/EZhcRSgY22/1pQsGF6Wdhj6TXrHyWj3Genu0NRo/0GHjjMRJmukb7pEv9Sv2Y38yodQ+K/Ln&reflink=article_copyURL_share …
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New Yorker is bringing the goods today.
@CarolynKor on@McKinsey report on climate risks:https://www.newyorker.com/news/annals-of-a-warming-planet/will-big-business-finally-reckon-with-the-climate-crisis …Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Some of the latest thinking on mind v matter aka growth on a finite planet, in all its complexities.
@JohnCassidy:https://www.newyorker.com/magazine/2020/02/10/can-we-have-prosperity-without-growth …Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Gernot Wagner proslijedio/la je Tweet
It's dangerous to demand high levels of uncertainty reduction before we act to reduce climate risk.https://twitter.com/GernotWagner/status/1224294957181259777 …
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For a bit more context: decidedly a good-news-potentially-really-really-bad-news kind of juxtaposition: https://www.bloomberg.com/news/articles/2020-02-03/green-daily-the-making-of-worst-case-climate-scenarios … And yes, it's precisely those known unknowns (and, of course, the potential for unknown unknowns) that makes this truly frightening.
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Title says it all: http://www.bloomberg.com/news/features/2020-02-03/climate-models-are-running-red-hot-and-scientists-don-t-know-why … Sigh. Story from
@ERoston.Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Gernot Wagner proslijedio/la je Tweet
How close are we to
#EVs taking over#ICEVs? Not very.#PHEVs are much closer. Given that >70% of our trips are under 30 miles, the policy focus on EVs baffles me. This figure is coming out in a book soon, joint work with B Clinton and K Metaxoglou.#smartnotsexypolicypic.twitter.com/PhmPktJC1Y
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Gernot Wagner proslijedio/la je Tweet
A reminder of EIA's track record on predicting coal. US coal production is likely to fall below 600 million tons this year -- literally off the charts.pic.twitter.com/hnvd0t44Ju
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Gernot Wagner proslijedio/la je Tweet
I think climate tech is emblematic of something slightly different. Yes, there’s a real focus on CLIMATE this time. In a real and called out way, recognizing that climate might be a shock (h/t
@gernotwagner) to the economy way more than expected. 3/Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Gernot Wagner proslijedio/la je Tweet
“He was one of the great mathematicians of the 20th century,” a colleague said of Louis Nirenberg, who shared his field's top honor with John F. Nash Jr., he of "A Beautiful Mind." Dr. Nirenberg has died at 94. https://nyti.ms/31jUmOv
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I have questions. Not the yield curve stuff, but who builds roads like that, and why? https://www.bloomberg.com/opinion/articles/2020-01-30/fed-s-key-yield-curve-inverted-again-watch-out …
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Gernot Wagner proslijedio/la je Tweet
In his famous appearance before the Senate Energy and Natural Resources Committee in 1988,
@NASA's James Hansen offered a forecast of global temperature increases through 2019. Now we know how it turned outhttps://www.bloomberg.com/opinion/articles/2020-01-30/1988-global-warming-forecast-by-james-hansen-proved-mostly-true …Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Gernot Wagner proslijedio/la je Tweet
If you thought a hokey Super Bowl analogy was beneath me, I have bad news...https://thehill.com/opinion/energy-environment/480545-dear-republicans-innovation-isnt-climate-policy …
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Now do tail risk. Same graph, but if, say, climate sensitivity doesn't come in at the currently assumed "most likely" value.https://twitter.com/Peters_Glen/status/1222580169342193665 …
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Gernot Wagner proslijedio/la je Tweet
Blunt, Funny, True:
@GernotWagner on Treasury Sec. Steve Mnuchin's remark that@GretaThunberg needs to take economics classes. "The solutions [Thunberg] presents aren’t extreme in the context of either economics or addressing climate change."https://twitter.com/NYUEnvrStudies/status/1220725636349812737 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Gernot Wagner proslijedio/la je Tweet
Pledging to plant a trillion trees was all the rage at Davos; this is a good start, but lets not pretend that its a replacement for reducing emissions. Here is what a pathway to limiting warming below 2C looks like with and without planting a trillion trees: 1/2pic.twitter.com/7bJTd7iY6m
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Gernot Wagner proslijedio/la je Tweet
Dear conservatives who still doubt global warming: Even the oil majors knew it is real, it was serious, and needs ambitious policy responses. And they confessed to it internally a long, long time ago. Per
@GernotWagner, they have skin the game. You don't.https://business.financialpost.com/pmn/business-pmn/why-oil-giants-figured-out-carbon-costs-first-gernot-wagner …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Sec. Mnuchin, how about it? Environmental Economics 101 course
@NYUWagner begins tomorrow: http://gwagner.com/nyu-environmental-economics …https://twitter.com/NYUEnvrStudies/status/1220725636349812737 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Gernot Wagner proslijedio/la je Tweet
Excellent analysis from
@AndrewWinston. Among "most important actions that companies must now focus on to drive deeper change: using political influence to demand aggressive climate policies around the world"https://hbr.org/cover-story/2020/01/leading-a-new-era-of-climate-action …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Gernot Wagner proslijedio/la je Tweet
The cost delta between 1-10 kW rooftop solar PV projects in the US (still ~$3-5/W in 2019 according to latest DOE report https://www.energy.gov/eere/solar/quarterly-solar-industry-update …) and Europe (~€1.1-1.5/W) is just stunning! And a real indictment or US policy, regulatory & market environment for distributed solar.https://twitter.com/PVSolarEnergy/status/1221496938136207360 …
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