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OpenMarket: Climate

  • Are the Climate and Capitalism at War?

    January 27, 2020
    Many contemporary environmentalists share two important beliefs: a) that anthropogenic climate change is the biggest threat to the future of humanity and b) that a profit-based economic system is the biggest barrier to addressing that problem. A new short documentary from Reason TV makes the opposite case, arguing that accelerating economic growth and advances in technology are the best strategy for mediating the impact of both the planet’s growing human population and the future dislocations climate change will present us with.
  • House Republican Leadership Prepares Package of Climate Bills 

    January 25, 2020
    Axios ran an exclusive interview with House Republican leaders planning a package of legislation to address climate change. According to the Axios story, the package will include specific proposals grouped into three main areas: “1. capturing carbon dioxide emissions, with a focus on trees; 2. clean-energy innovation and funding; [and] 3. conservation, focusing on plastic.” The good news is that the package reportedly does not include taxes on carbon dioxide emissions or mandates to reduce emissions.
  • New Study Projects Net Carbon Dioxide Benefits through at least 2050

    January 24, 2020
    The benefits of carbon dioxide emissions are likely to exceed costs over the next 30 years, according to a new study published in the journal "Environmental Economics and Policy Studies." The authors, Kevin D. Dayaratna of the Heritage Foundation, Ross McKitrick of Guelph University, and Patrick J. Michaels of the Competitive Enterprise Institute, expect the social cost of carbon (SCC) to be negative at least through the mid-21st century. A negative cost is another way of saying a net benefit. 
  • Was 2019 the Second Warmest Year, and What Does It Matter?

    January 21, 2020
    The temperatures we are experiencing are consistent with a modest warming, and we may be in the zone where modest warming is a net benefit.
  • Warmest Decade - Climate Crisis Still a No Show

    January 17, 2020
    Is there good reason to believe climate change a “crisis” endangering the survival of civilization and the habitability of the Earth? No. If climate change were a bona fide “existential threat,” we would see some evidence of it in major metrics of human well-being. We don’t.
  • UN Climate Conference in Madrid Fails to Set Rules for Carbon Trading Market   

    December 20, 2019
    The twenty-fifth Conference of the Parties to the UN Framework Convention on Climate Change (COP-25) was supposed to wrap up one issue remaining from last year’s COP-24 on implementing the Paris climate treaty—setting up the rules for an international greenhouse gas emissions trading market. 
  • Dutch Supreme Court Upholds Climate Lawsuit against Government

    December 20, 2019
    The Dutch Supreme Court on December 20th rejected an appeal by the Dutch government to overturn an appellate court’s October 2018 decision to uphold a lower court’s June 2015 decision requiring the government to cut Holland’s carbon dioxide emissions at least 25 percent below 1990 levels by 2020.
  • UN Climate Summit in Madrid: Al Gore Talks, Donald Trump Vindicated

    December 12, 2019
    #TimeForAction is the slogan at this year’s Madrid climate conference. #TimeForTalk would be more accurate. The talking is endless. 70,000 hours and counting have been spent failing to define a market instrument under Article 6 of the Paris Agreement. But talk doesn’t cut greenhouse gas emissions.
  • Down in Flames: Judge Dismisses New York Climate Lawsuit against ExxonMobil

    December 10, 2019
    New York Supreme Court Justice Barry Ostrager today acquitted ExxonMobil of all charges brought against the company by New York Attorney General Letitia James.
  • Hausfather Climate Model Paper Not What It's Cracked up to Be

    December 6, 2019
    This week’s press is abuzz with a paper just published by Zeke Hausfather and others in the journal Geophysical Research Letters. It purports to show that early (1970s and '80s) climate models are doing just fine, with a special concentration on NASA’s James Hansen and the 1988 model he showcased in front of Congress, initiating the still-raging global warming hubbub.

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