Climate News

Former Obama Advisers Seek to Open and Globalize the Measures for the Social Costs of Carbon

ClimateWire reports that several former advisers to the Obama administration, including Nicholas Institute faculty fellow William Pizer, are recommending that the government change the way it establishes the social cost of carbon (SCC). The article references a Science article of which Pizer was lead author. Pizer and his coauthors recommend that the process of determining the SCC should undergo a public comment period and a review by the National Academy of Sciences.

Read Full Story

Using and Improving the Social Cost of Carbon

In an article in Science, faculty fellow William Pizer and Environmental Economics Program director Brian Murray, along with other researchers, argue that the United States should adopt a standardized process to regularly evaluate the social cost of carbon (SCC), an estimate of the per-metric-ton dollar value of reducing climate change damages—a metric used in regulatory analysis. They say that a regularly monitored process for gauging the SCC is critical not only for domestic policy making but also for international climate negotiations.

Read Full Story

Economists Urge Regular Updates and Reviews of Cost of Climate Impacts Estimate

In a University of Chicago News article, faculty fellow William Pizer commented on the need for a consistently used and rigorously maintained estimate of climate damages. “It’s important that we draw on the expertise of all government agencies, as well as independent experts in the field,” Pizer said. “This level of high-quality collaboration and peer review would decrease the likelihood of political factors interfering with the process, and ensure we have the most robust Social Cost of Carbon.” Pizer was lead author of a Science magazine article on the subject.

Read Full Story

Maintaining a Reliable Value of the Cost of Climate Change

Science Daily reports that a group of economists, including faculty fellow Billy Pizer, urge the U.S. government to make several improvements to its Social Cost of Carbon figure, thereby ensuring that the figure is reliable and well-supported by the latest facts.

Read Full Story

Accord sur le climat : et si Etats-Unis et Chine ne parlaient pas la même langue ?

Interview of William Pizer: Le 12 novembre, lors d’une rencontre à Pékin, la Chine a déclaré avoir l’intention d’atteindre son pic d’émissions de gaz à effet de serre en 2030 avant d’entamer la descente. Les Etats-Unis, de leur côté, promettent de réduire leurs émissions de 26% à 28% par rapport à 2005 et ce, à l’horizon 2025.

Read Full Story

8 Million Comments in Support of EPA Limits on Climate Change Pollution

In a blog for the Huffington Post occasioned by the deadline for filing comments on the EPA's proposed limits on carbon pollution from power plants, Advisory Board member and Natural Resources Defense Council president Frances Beinecke said, “Pollution is the biggest driver of climate change, and 40 percent of all carbon pollution in this country comes from power plants. Yet, astonishingly, there are no national limits on how much carbon pollution these plants can dump into our atmosphere. That's not right, and it's time to fix it.”

Read Full Story

Former CEO of Nation's Largest Utility Makes Like a Professor

Nicholas Institute Advisory Board member Jim Rogers, who retired as Duke Energy's CEO in 2013 and is spending the year at Duke as a visiting fellow, talks about a graduate-level class on renewable energy sources for the developing world that he’s co-teaching with Nicholas Institute Director Tim Profeta. He’s also writing a book on the subject.

Read Full Story

Saying "I do" to a Bigger Income

The World Bank announced that it is moving away from funding coal projects, although it says it will make exceptions in the poorest places. Billy Pizer, faculty fellow at the Nicholas Institute, comments in an American Public Media Marketplace podcast.

Read Full Story

Faculty, Students Talk Merits of Fossil Fuel Divestment

Divest Duke and the Environmental Alliance convened a panel to discuss divestment and what it means to Duke University. The panel was comprised of graduate students and professors, including Tim Profeta, director of the Nicholas Institute, and Billy Pizer, faculty fellow of the Nicholas Institute and professor at the Sanford School of Public Policy. Their views were quoted in Duke’s daily newspaper, The Chronicle.

Read Full Story

NC Commission Makes Final Recommendations for Fracking Rules

About a dozen lobbyists, environmental activists and other interested people watched Friday as the N.C. Mining and Energy Commission finalized its suggested rules and regulations for the oil and gas industry. Amy Pickle, director of the State Policy Program, comments.

Read Full Story

Pages