Economist David Friedman makes three important points in his recent Substack column: According to mainstream predictions, global warming will cause worldwide per capita income by the end of this century to be a few percentage points lower than if there were no warming. “If you go by expert opinion, William Nordhaus or the body of the IPCC…
Urban Warming May Explain Up to 40% of Global Warming
The authors of an article in Climate, a peer-reviewed journal, suggest that urban warming may be much more important than estimates assume. From the Center for Environmental Research and Earth Sciences (CERES): “A new study published in the scientific peer-reviewed journal, Climate, by 37 researchers from 18 countries suggests that current estimates of global warming…
Links: A Beer Shortage Due to Global Warming?
- Tornado damages are down, reports Roger Pielke Jr.
- Nature article predicts beer shortages due to global warming. (HT @curryja)
- The Biden administration’s five-year plan restricting oil and gas leasing: the Biden administration’s, of course.
- But the plan does include a small expansion of oil and gas leasing in the Gulf of Mexico.
Read more!
Don’t Count on an Expanding Electric Grid
As regulated businesses, utilities’ incentives differ from those of many businesses. Citing a study in the Yale Journal of Regulation, economist Timothy Taylor explains why these incentives argue against a substantial buildout of a transmission network. This—even though the government is trying to force an “electric” economy. Taylor points out that shareholders of utilities are…
A Dept. of Agriculture Office on Food Waste?
The massive farm bill that’s on its way has a new wrinkle: an office to curtail food waste. What will it do? Jacob Wallace of Waste Dive reports: “The proposed office would administer a grant program for local jurisdictions to facilitate data collection on existing food loss and waste policies. The grant program would be…