Cullen Hendrix

cullenhendrix.bsky.social

12 September 2026 14:23

Huzzah to this from @kclausing.bsky.social and @cwolfram.bsky.social on carbon clubs!

Kimberly Clausing

kclausing.bsky.social

21 August 2026 12:54

Maybe now that the bond market cares, US policymakers will follow? Eventually? Carville "I used to think that if there was reincarnation, I wanted to come back as the president or the pope or a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.

Kimberly Clausing

kclausing.bsky.social

16 August 2026 12:24

(2/2) Some of these distinctions are discussed in my 2023 blog w/ @cwolfram.bsky.social below. (We also wrote a 2023 JEP article for those who want more details: www.aeaweb.org/articles?id=...) www.piie.com/blogs/realti...

Kimberly Clausing

kclausing.bsky.social

16 August 2026 12:24

(1/2) This US ambassador to the EU is deeply confused. The EU cbam applies EU carbon policy evenly to domestic and foreign goods alike; it is not discriminatory. In contrast, US tariffs are just that, protectionism. giftarticle.ft.com/giftarticle/...

Gernot Wagner

gwagner.com

16 August 2026 12:23

Not in IAMs, not to any significant extent. That said, it's a significant part in @kclausing.bsky.social, @knittelmit.bsky.social & @cwolfram.bsky.social's $900/household damage figure nber.org/papers/w34525