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A Perplexed Economist Confronts 'Too Big to Fail'
(John F. Kennedy School of Government, Harvard University, 2010)
This paper, written for a conference at the Fordham University Law School, examines various facets of the “too big to fail” debate. It notes that in the current context, “too big to fail” may imply systemic risks from large ...
Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems
(John F. Kennedy School of Government, Harvard University, 2012)
The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering ...
Politically Feasible Emissions Targets to Attain 460 ppm CO2 Concentrations
(Oxford University Press, 2012)
A new climate change treaty must address three current gaps: the absence of emissions targets extending far into the future; the absence of participation by the United States, China, and other developing countries; and the ...
Enabling a Nuclear Revival — And Managing its Risks
(Massachusetts Institute of Technology Press, 2009)
Matthew Bunn and Martin B. Malin examine the conditions needed for nuclear energy to grow on a scale large enough for it to be a significant part of the world’s response to climate change. They consider the safety, security, ...
Environmental Regulations, Air and Water Pollution, and Infant Mortality in India
(John F. Kennedy School of Government, Harvard University, 2011)
Using the most comprehensive data file ever compiled on air pollution, water pollution, environmental regulations, and infant mortality from a developing country, the paper examines the effectiveness of India’s environmental ...
Politically Feasible Emission Target Formulas to Attain 460 ppm CO2 Concentrations
(John F. Kennedy School of Government, Harvard University, 2011)
A new climate change treaty must plug three gaps: the absence of emission targets extending far into the future, the absence of participation by the United States, China, and other developing countries, and the absence of ...
The Promise and Problems of Pricing Carbon: Theory and Experience
(John F. Kennedy School of Government, Harvard University, 2011)
Because of the global commons nature of climate change, international cooperation among nations will likely be necessary for meaningful action at the global level. At the same time, it will inevitably be up to the actions ...
A Critical Review of the “Ladder of Investment” Approach
(Elsevier, 2010)
The “ladder of investment” is a regulatory approach proposed by Cave (2006), which has been widely embraced by national regulatory authorities in the European telecommunications sector. The approach entails providing ...
Willingness to Pay and Political Support for a U.S. National Clean Energy Standard
(Nature Publishing Group, 2012)
In 2010 and 2011, Republicans and Democrats proposed mandating clean power generation in the electricity sector. To evaluate public support for a national clean energy standard (NCES), we conducted a nationally representative ...
Preventing the Next Fukushima
(AAAS, 2011)
While this year's disaster at Japan's Fukushima Dai'ichi plant, the worst since Chernobyl in 1986, was caused by the one-two punch of a huge earthquake followed by an immense tsunami—a disaster unlikely to occur in many ...