Apologies for the late notice, but I had an article on the potential of solar power in last Friday’s Washington Examiner:
If the American Clean Energy and Security Act, which passed narrowly in the House of Representatives this week, also passes the Senate, does this mean that we’ll soon replace coal-derived electricity with clean and green solar power? Don’t count on it. Solar has a lot of problems, and those relying on it for the promised “green jobs” will probably be…
Jerry Taylor of Cato has an excellent summary of what the scientific literature tells us about the social cost of carbon emissions, drawing on the comprehensive but sometimes opaque work of Richard Tol. His conclusion:
So what does Tol 2008 tell us about the social cost of carbon emissions (assuming that the underlying science from the IPCC is correct)? Given our skepticism about the underlying logic of discount rates of 1% or less, any number between $3 per ton and $24 per…
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