future generations Archives

future generations

Whose Interests Count? And How Much?

Whether to consider harms to foreign countries and future generations is controversial. So is how much weight to give harm to the poor.

Should regulators take into account harm to people in other countries? What about harm to future generations? Should we give special attention when the disadvantaged are harmed? These questions are central to climate policy and some other important environmental issues. I’ll use cost-benefit analysis as a framework for discussing these issues. You probably don’t need …

Continue reading “Whose Interests Count? And How Much?”

The Future of Environmental Law?

Thoughts from the IUCN World Conservation Congress in Hawai’i

I am writing this weekend from a sunny spot in the Pacific, from the IUCN World Conservation Congress in Honolulu. For the uninitiated, the IUCN—International Union for Conservation of Nature and Natural Resources—is a global union of governments and non-governmental organizations (including over 1300 member institutions, organizations, and countries worldwide) focused on the conservation of …

Continue reading “The Future of Environmental Law?”

Legacy Goods and Environment Preservation

The value of some goods like wilderness today depends on their futures.

Normally, economists imagine, equal experiences become less valuable as they recede further into the future. But some types of goods don’t have that kind of relationship with future experiences. They can become more valuable as they extend farther into to the future. Take this blog post, for example. I’m really happy that you’re reading it …

Continue reading “Legacy Goods and Environment Preservation”

Discount Rates and Middle-Class Stagnation

Discount rates are how economists measure the importance of the future versus the present. If the discount rate is low, we care a lot about the future; the reverse is true if the rate is high. It turns out that one of the key factors driving the discount rate — maybe the key factor — is …

Continue reading “Discount Rates and Middle-Class Stagnation”

Romney versus Truth, Future Generations – And His Own Past

My post earlier this morning about Romney’s embrace of anti-environmentalism was more timely than I knew. According to Climate Wire, he told farmers yesterday: “And then there’s pushing cap and trade, I understand if they push cap and trade it will not only massively impact the income of farms, it will take millions of acres …

Continue reading “Romney versus Truth, Future Generations – And His Own Past”

What the Convention Speeches Could Teach Economists About the Discount Rate

The economic formulas assume that people want their children and grandchildren to be as well off as they are, no better and no worse. But people actually want the future to be better than the present, and they’re willing to make sacrifices for this to happen.

The Debt Burden on Future Generations

According to GOP.gov, [T]he amount of debt placed on the backs of children born today is about to explode. If nothing is done, our generation will have the sad legacy of being the first to lower the standard of living of the next generation. . . . Unless drastic actions are taken to reduce spending …

Continue reading “The Debt Burden on Future Generations”

Going Nuclear in Finland

A new film explores how Finland is planning to dispose of its nuclear waste. [youtube=http://www.youtube.com/watch?v=xXif1MThJ6k]

Climate Change #7: “But the Earth Abides Forever”

This is the seventh in a series of brief homilies about the lessons of climate change. The text for today’s sermon is from Ecclesiastes: “One generation passes away, and another generation cometh; But the earth abides forever.” The application to climate change is pretty obvious: greenhouse gases can persist in the atmosphere for centuries, and …

Continue reading “Climate Change #7: “But the Earth Abides Forever””

Rediscovering the Lost Promise of NEPA

NEPA — the National Environmental Policy Act — is the forgotten elderly relative of environmental law. Its requirement of environmental impact statements is now frequently avoided by a clever workaround. Rather than issuing an environmental impact statement, an agency adopts mitigation measures that are supposed to reduce the legal of environmental impacts below the trigger …

Continue reading “Rediscovering the Lost Promise of NEPA”

We Need a True Debate Over Income-Graduated Fixed Charges

A state bill to cap the fixed charges utilities can collect in California would shut down an important debate about equity and rate design. Here’s a better way forward.

Could Trump Cancel the IRA?

Probably not. But also possibly yes.

Climate Action for Earth Day

“We have a long way to go, but we’ve started down the path.” I asked my UCLA Emmett Institute colleagues what climate actions give them hope on Earth Day. Here’s how they answered.

A New Era for Protecting Public Lands

The Bureau of Land Management has always prioritized extraction activities. Now the agency has announced a rule that could elevate conservation.

Don’t Count Your Judicial Vultures Before They Hatch

The conservative Supreme Court majority may turn out as bad as we fear. Or maybe not.

Filling in the Picture: The Latest From Kennedy about Climate

Here’s what Kennedy says about his campaign, its effect on the race, and climate change.

Five Myths and Half-Truths About California Cap and Trade

California has spent years fine-tuning its trading system, with results that aren’t always easy to gauge.

U.S. Supreme Court Revisits, Tightens Regulatory Takings Limits on Land Use Regulation

California Homeowner’s Takings Challenge to County’s Traffic Impact Fee Heads Back to State Court

California Wins Major Clean Air Act/Climate Change Case in D.C. Circuit

U.S. Court of Appeals Rejects Red States’ Challenge to California’s CAA “Waiver Authority”

Shanahan, Kennedy and Climate Change: Unanswered Questions

It’s clear that RFK Jr.’s running mate has good intentions and an interest in climate issues. But not much is clear beyond that.

California Wins Major Clean Air Act/Climate Change Case in D.C. Circuit

U.S. Court of Appeals Rejects Red States’ Challenge to California’s CAA “Waiver Authority”

Florida is a Climate-Denying Hellscape

Florida lawmakers want to erase climate change from their laws and ban local heat protection ordinances ahead of what could be another summer of record-breaking heat.

U.S. Supreme Court Revisits, Tightens Regulatory Takings Limits on Land Use Regulation

California Homeowner’s Takings Challenge to County’s Traffic Impact Fee Heads Back to State Court

We Need a True Debate Over Income-Graduated Fixed Charges

A state bill to cap the fixed charges utilities can collect in California would shut down an important debate about equity and rate design. Here’s a better way forward.

Will the NEPA Amendments Speed Up Permitting?

Probably not much. If at all.

Could Trump Cancel the IRA?

Probably not. But also possibly yes.

Climate Action for Earth Day

“We have a long way to go, but we’ve started down the path.” I asked my UCLA Emmett Institute colleagues what climate actions give them hope on Earth Day. Here’s how they answered.

future generations

Whether to consider harms to foreign countries and future generations is controversial. So is how much weight to give harm to the poor.

Thoughts from the IUCN World Conservation Congress in Hawai’i

The value of some goods like wilderness today depends on their futures.

TRENDING

A state bill to cap the fixed charges utilities can collect in California would shut down an important debate about equity and rate design. Here’s a better way forward.

Probably not. But also possibly yes.

“We have a long way to go, but we’ve started down the path.” I asked my UCLA Emmett Institute colleagues what climate actions give them hope on Earth Day. Here’s how they answered.

The Bureau of Land Management has always prioritized extraction activities. Now the agency has announced a rule that could elevate conservation.

The conservative Supreme Court majority may turn out as bad as we fear. Or maybe not.

Here’s what Kennedy says about his campaign, its effect on the race, and climate change.

California has spent years fine-tuning its trading system, with results that aren’t always easy to gauge.

California Homeowner’s Takings Challenge to County’s Traffic Impact Fee Heads Back to State Court

U.S. Court of Appeals Rejects Red States’ Challenge to California’s CAA “Waiver Authority”

It’s clear that RFK Jr.’s running mate has good intentions and an interest in climate issues. But not much is clear beyond that.

U.S. Court of Appeals Rejects Red States’ Challenge to California’s CAA “Waiver Authority”

Florida lawmakers want to erase climate change from their laws and ban local heat protection ordinances ahead of what could be another summer of record-breaking heat.

California Homeowner’s Takings Challenge to County’s Traffic Impact Fee Heads Back to State Court

A state bill to cap the fixed charges utilities can collect in California would shut down an important debate about equity and rate design. Here’s a better way forward.

Probably not much. If at all.

Probably not. But also possibly yes.

“We have a long way to go, but we’ve started down the path.” I asked my UCLA Emmett Institute colleagues what climate actions give them hope on Earth Day. Here’s how they answered.

The Bureau of Land Management has always prioritized extraction activities. Now the agency has announced a rule that could elevate conservation.

The conservative Supreme Court majority may turn out as bad as we fear. Or maybe not.

Here’s what Kennedy says about his campaign, its effect on the race, and climate change.