News/Op-Eds John Cochrane News/Op-Eds John Cochrane

Climate Economics

Climate Economics. Sept 3 2021 National Review Online. Blog post.

Climate Policy Should Pay More Attention to Climate Economics. September 3 2021 National Review Online. Ungated Blog Post. Climate effects on GDP are tiny compared to growth and especially to development. At least do what we do efficiently with cost benefit analyses and carbon taxes. A purely environmental case might be more persuasive — it will cost GDP, but save the planet — but again needs to be compared with spending the same money directly on today’s large environmental problems.

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