Dec
14
The Demand for Apartments versus Single Family Homes
In New York City, Hong Kong, Shanghai and London and Paris, rich people live in apartments. President Trump owns several apartments in Manhattan. Poor people also live in apartments.
The Substitution and Income Effects Induced by Introducing Carbon Taxes
The protests in France over raising gasoline taxes there highlights that middle class people understand that higher carbon taxes have income effects.
Will the Fossil Fuel Sector Adapt to New Climate Risks?
The New York Times published an interesting piece about how U.S energy infrastructure might be affected by climate change. At the end of the piece, there is a nuanced quote about whether the energy companies will experience large profit losses due to climate change.