Showing results 1 - 10 of 47
| James H. Stock
September 28, 2021, Audio: "Most economists would agree a carbon tax is a powerful tool in fighting climate change, but carbon pricing alone is not enough. As green technologies evolve and prices fall, the fight against climate change will need a more nuanced plan of attack where people can actually afford to do the right thing. In this podcast, journalist Rhoda Metcalfe talks to Harvard Professor James Stock about how he sees the…
| James H. Stock
September 8, 2021, Paper: "The decarbonization of the light-duty vehicle (LDV) fleet in the United States is an important policy priority for the coming decades. This paper investigates the potential for government policy to accelerate the transition of the LDV fleet to electric vehicles. We consider several forms of government policy: subsidized construction of charging stations, refundable tax credits for electric vehicles, and a tradable…
| James H. Stock
September 1, 2021, Opinion: "World leaders have accepted the warnings of scientists that global temperatures must increase by no more than 1.5 or 2 degrees Celsius to avoid severe damage to the Earth’s ecosystems and to human health and welfare. According to recent surveys, the general public increasingly agrees on the need for climate action. As a result, many countries and some subnational entities have set ambitious targets for reducing…
| Joseph Aldy | Robert Stavins | James H. Stock
August 20, 2021, Paper: "In the context of climate change, the application of cost-benefit analysis to inform mitigation policies can help to achieve the best outcomes and avoid the worst: spending trillions of dollars but failing to get the job done (1). The costs of a climate policy are the abatement costs of reducing emissions of carbon dioxide (CO2) (or other greenhouse gases). The standard measure of the benefits of a climate policy is the…
| James H. Stock
July 19, 2021, Paper: "The Business Cycle Dating Committee of the National Bureau of Economic Research maintains a chronology of the peaks and troughs of US business cycles. The committee has determined that a trough in monthly economic activity occurred in the US economy in April 2020. The previous peak in economic activity occurred in February 2020. The recession lasted two months, which makes it the shortest US recession on record."
HKS…
| James H. Stock
July 5, 2021, Video: "The fourth LSE Workshop in Environmental Economics took place on 21-22 June 2021. James Stock (Harvard) delivered a keynote lecture on 'Policies for Decarbonizing the US Light Duty Vehicle Fleet'." Watch Via LSE Geography and Environment on Youtube
HKS Author - James Stock
| James H. Stock
2021, Paper: "James H. Stock he past five years of US economic policy have been noisy, as the Trump administration and its allies in Congress pursued controversial agenda: a trade war with China, a push to repeal the Affordable Care Act, tax cuts that mostly …" Read Via HEINOnline
| James H. Stock
April 5, 2021, Paper: "To reliably achieve deep decarbonization of the US power sector, a candidate policy must perform robustly across a range of possible future trajectories of demand, fossil fuel prices, and prices of new wind and solar capacity. Using a modified version of the NREL ReEDS model with scenarios that span different trajectories of demand, fuel prices, and technology costs, we find that some recently proposed policies can…
| James H. Stock
March 4, 2021, Opinion: "Suppose that regulation of greenhouse gas emissions from power plants would produce large benefits in 30 years—but only modest benefits today. Suppose at the same time that these same regulations require businesses to make a series of increasingly costly changes to their operations over the next several decades. Since 1981, both Republican and Democratic presidents have required government agencies to calculate the cost…
| James H. Stock
January 21, 2021, Video: "On Thursday, January 21, James Stock joined Markus’ Academy for a lecture on macroeconomics, carbon pricing, and climate policy. Stock is a Professor of Political Economy at the Harvard Kennedy School. Introductory remarks will be made by Markus Brunnermeier."