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As speculated by some over the weekend, and confirmed today by the Economist, Copenhagen currently appears to be nothing more than a venue for which policy makers will agree to consider a future agreement on Carbon Emissions. Undoubtedly there exist links between the U.S.’ relaxed approach to the summit and the Obama administrations efforts to […]
This is a Hand post, but it is actually just the normal authors of the blog. We all had the same idea at the same time 😀 Over at Anti-Dismal, Paul Walker reaches the conclusion that The moral of the story, markets can deal with asymmetric information In the case of bad and good banks. […]
So NZIER thinks it doesn’t matter whether we reduce local emissions or just pay off third-world countries to reduce them for us. Apparently the only important issue is whether we satisfy our responsibilities that we’ve committed to. The money quote is: It allows emissions reductions to take place in the country where it is cheapest […]
Following the incessant blather on the BERL report into the cost of alcohol Ganesh Nana has come out to defend the report (Hat Tip this guy). Why bother? After all we all know that any report on costs will be filled with wild conjecture and pointlessly misrepresented by the public. Well it turns out the […]