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market failure

Why the Pope is Wrong on Markets

August 18, 2015 by Maximilian Auffhammer

Pope Francis, Climate Change, and Markets

I recently read the 'Laudato Si,' which carries the subtitle “On care for our common home”. This is a well researched position paper which touches on a variety of topics and makes it very clear that the pope cares much more about distributional issues than the average economist.[read more]

Four Reasons Why Energy Efficiency Programs Fail

July 22, 2014 by Nick Blandford

Efficiency Failures

So you’ve decided to take the initiative to achieve sustained energy savings at your organization. By addressing every source of electricity consumption your goal can be achieved in a relatively short amount of time. But for every goal, there’s a wrong and right way to reach it.[read more]

Failings of Market Failure as a Guide to Policy

April 7, 2014 by Adam Whitmore

This post is a little more abstract than usual, with no data or charts. It looks at the framework that often underlies analysis of policies for reducing greenhouse gas emissions, though only taking a brief look at a subject that warrants much more extensive treatment.[read more]