The next Virtual Seminar on Climate Economics is on Thursday, March 20 at 11:00 New York, 15:00 London, 16:00 Paris. cepr.org/events/event.... The CEPR now hosts the VSCE. Past seminars are available at cepr.org/events/event....

The French just introduced the next-generation TGV.

The low-carbon transition comes with 5G at 350km/h.

In the San Francisco Bay area? Please join me at the Mills Institute Northeastern for the Russell Leadership Lecture. Free and open to the public. Talking about about #diversity; now more than ever.
millsinstitute.northeastern.edu/events/russe...

I'm excited to be joining the organizing committee, alongside a climate econ dream team of Lint Barrage, Mar Reguant, and @glennrudebusch.bsky.social

The Virtual Seminar on Climate Economics - always a highlight of my week - is moving to @cepr.org. A great line-up of upcoming speakers, beginning with Redfin's @hatethegamebook.com on March 20th.

Sign up here to register for the webinars: cepr.org/events/event...

#EconSky

Whither r*? Yield on the 10-year Bund surged 0.21 pct pts to 2.69%, its biggest one-day move since 2008 after German govt agreed to exempt increased defense spending from the constitutional 'debt brake' on.ft.com/4bpglrt via @financialtimes.com #econsky

The first tax cut of the new administration goes to the oil and gas industry: elimination of the tax on excess methane emissions in the energy sector. The superpolluters do not have to pay. www.nytimes.com/2025/03/04/c...

Pari Sastry & Ishita Sen: Few signs that policymakers & regulators are willing to stop encouraging homeowners to build in climate-damage-prone areas despite the threats that presents to the homeowners insurance market. www.nytimes.com/2025/01/16/o... @nytimes.com op-ed

The Fed announced it has left the Network for the Greening of the Financial System, a group of global central bankers and regulators that focuses on climate and transition risks for the financial sector. (Two Fed governors—Barr and Kugler—abstained from the vote).

Planning your climate or environment syllabus? I like to show short videos so students & I can visualize some of the things we're talking about. Here are some of the ones I like:

Kewl. The most read piece on Columbia Business School's website this year: business.columbia.edu/insights/col...

I got up this morning to talk about the economic outlook for 2025 on @npr.org www.npr.org/2024/12/30/n...

“Women are asked more questions during a seminar and the questions asked of women presenters are more likely to be patronizing or hostile. These effects are not due to women presenting in different fields, different seminar series, or different topics…”

www.nber.org/papers/w28494

CBO releases 62-page report: "The Risks of Climate Change to the U.S. in the 21st century." GDP, real estate, markets, federal budget. www.cbo.gov/system/files... #econsky

Reports of the death of carbon pricing have been greatly exaggerated:
"42% of emissions in the countries they study (=80% of world emissions) are now covered by either an explicit carbon price (27%) or an implicit price (like an excise tax on fossil fuels)."

CBO projects that US greenhouse gas emissions in the United States, measured in CO2e, will decline by about 8% from 2025 to 2034 driven by a projected decrease of 15%in energy-related emissions of CO2, partially offset by 9% increase in non-energy-­related emissions. www.cbo.gov/publication/...

Green stocks and monetary policy shocks: Evidence from Europe. New from Michael Bauer, Eric Offner & Glenn Rudebusch. www.brookings.edu/articles/gre... Hutchins Center The Brookings Institution #EconSky