In Search of the Monarch Butterfly
The Monarch Butterflies are migrating through Goleta, California. My wife's cousin took us to see them today and we were told that we would see thousands but we only saw dozens.
With my keen eye for nature, I took this photo of one orange one flying around. The Butterflies were clustering just a 1/2 mile from the Ocean Bluffs. Somehow, LA doesn't offer such "green" charms.
While visiting UCSB last week, I had access to a TV. I watched parts of the President's State of the Union. Climate change mitigation does not appear to be a high priority. I am not happy about this but I wonder how big a surprise this is to the environmental economics and environmental policy community. I know many leading environmental economists who have devoted a significant amount of time thinking about "cap and trade" logistics and implementation. The green economists have tried to be directly useful in helping to shape pareto improving legislation but the President has re-prioritized.
He can chant "jobs, jobs, jobs" but unless he repeals the minimum wage and enacts nation wide Right to Work laws then any policies that he pushes will have little effect.
The obvious challenge he faces is "investment under uncertainty". What business person today, who is considering making a large irreversible investment in capital, can be confident that this is the right time to make the plunge?
With my keen eye for nature, I took this photo of one orange one flying around. The Butterflies were clustering just a 1/2 mile from the Ocean Bluffs. Somehow, LA doesn't offer such "green" charms.
While visiting UCSB last week, I had access to a TV. I watched parts of the President's State of the Union. Climate change mitigation does not appear to be a high priority. I am not happy about this but I wonder how big a surprise this is to the environmental economics and environmental policy community. I know many leading environmental economists who have devoted a significant amount of time thinking about "cap and trade" logistics and implementation. The green economists have tried to be directly useful in helping to shape pareto improving legislation but the President has re-prioritized.
He can chant "jobs, jobs, jobs" but unless he repeals the minimum wage and enacts nation wide Right to Work laws then any policies that he pushes will have little effect.
The obvious challenge he faces is "investment under uncertainty". What business person today, who is considering making a large irreversible investment in capital, can be confident that this is the right time to make the plunge?
posted by Matthew E. Kahn at 4:43 PM
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