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Artwork for Climate Economics

Climate Economics with Arvid Viaene

Arvid Viaene
Air Pollution
Climate Change
Social Cost Of Carbon
Agriculture
EU Emission Trading System
India
Environmental Economics
CO2 Emissions
Trade Policy
PM2.5
Market-Based Solutions
Particulate Pollution Market
Carbon Pricing
Clean Air Act
Clean Air Act Offset Markets
Climate Politics
Global South
China
Cap-and-Trade
Air Pollution Regulation

A research-focused podcast on the economics of climate change and air pollution. Episodes are released every two weeks on Tuesday at 6 am CET. Episodes will be either expert interviews or solo explorations of key issues. Hosted by Dr. Arvid Viaene, a climate economist with a PhD from the University of Chicago. He has done research on the impacts of climate change on agriculture and mortality. His... more

PublishesTwice monthlyEpisodes22Founded9 months ago
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Artwork for Climate Economics

Latest Episodes

In Part 2 of my conversation with Richard Tol, we move from model structure to policy use.

We discuss the social cost of carbon, how the Obama-era EPA worked with FUND, DICE, and PAGE, and why Tol thinks the process of understanding a model matters ... more

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In this episode, I speak with Richard Tol about the origins of the FUND integrated assessment model and why its structure matters for climate economics.

We start with the basic question: what is an integrated assessment model actually for? From ther... more

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Voluntary carbon offsets are often discussed on the supply side—quality, additionality, adverse selection. In this episode, we go to the demand side: what do people actually pay for carbon mitigation when it shows up as a real choice at checkout? 

M... more

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CBAM is simple conceptually, but very hard to put into practice. Turning CBAM into a working system requires something the EU doesn’t naturally have for global supply chains: credible, product-level emissions data, verified across jurisdictions.

In ... more

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Climate policy faces a built-in incentive problem: countries bear the costs of domestic regulation, while the benefits of lower CO₂ are shared globally. One proposed solution is a Carbon Border Adjustment Mechanism (CBAM) — charging imports a carbon ... more

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International carbon credits are back in the policy conversation—especially after the EU’s new 2040 proposal reopened the question of whether (and how) Paris Agreement Article 6 credits might play a role.

But “offsets” are a loaded term for a reason... more

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If you think carbon taxes and cap-and-trade are basically the same thing, this episode might change your mind.

For Episode 16, I’m joined by Jeroen van den Bergh (ICREA Research Professor at ICTA-UAB Barcelona) to unpack why carbon markets (ETS / ca... more

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With the end of the year approaching, it is time to take stock and reflect on the past 14 episodes.

I present lessons and takeaways from each and discuss some upcoming episodes.

For questions, comments or suggestions, you can contact me at arvid.vi... more

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Recent Guests

Dr. Matilde Bombardini
Professor of Business and Public Policy at UC Berkeley Haas
UC Berkeley
Episode: #14 Dr. Matilde Bombardini - U.S. Climate Politics
Reed Walker
Professor of Economics and Public Policy at UC Berkeley
University of California, Berkeley
Episode: # 13 Dr. Reed Walker – Estimating the Marginal Costs and Benefits of U.S. Air Pollution Regulations
Joseph Shapiro
Associate Professor of Economics at UC Berkeley and research associate at the National Bureau of Economic Research and the Energy Institute at Haas.
UC Berkeley
Episode: 12 Dr. Joseph Shapiro – Is Air Pollution Regulation in the U.S. Too Lenient? Evidence from over 40 Pollution Offset Markets
Professor Jos Delbeke
Former Director General for Climate Action at the European Commission and a key architect of the EU Emissions Trading System.
EIB Chair on Climate Policy in International Carbon Markets
Episode: #11 Dr. Jos Delbeke - The History of the EU ETS: Key Turning Points, Challenges and Policy Lessons
Christa Hasenkopf
Director of the Clean Air Institute at the Energy Policy Institute of Chicago
Energy Policy Institute
Episode: #10 - Best of Air Pollution Episodes - Impact, China's War on Pollution and India's innovative cap-and-trade approach - ft. Dr. Hasenkopf, Dr. Debb and Dr. Trimarchi
Kaushik Deb
Expert on environmental markets and climate policy
EPIC
Episode: #10 - Best of Air Pollution Episodes - Impact, China's War on Pollution and India's innovative cap-and-trade approach - ft. Dr. Hasenkopf, Dr. Debb and Dr. Trimarchi
Lorenzo Trimarchi
Professor focused on trade and environmental policy impacts
Episode: #10 - Best of Air Pollution Episodes - Impact, China's War on Pollution and India's innovative cap-and-trade approach - ft. Dr. Hasenkopf, Dr. Debb and Dr. Trimarchi
Marian Krüger
Co-founder and director of Remove, an organization that supports European, Indian, and African carbon removal startups.
Remove
Episode: #9 - Marian Krüger - Carbon Capture: Technologies, Competitiveness, and the Importance of Demand-side Policy
Dr. Kaushik Deb
Executive Director of EPIC India at the University of Chicago
University of Chicago
Episode: #7 - Dr. Kaushik Deb - The Power of Cap-and-Trade Markets in Emerging Economies: Evidence from India

Host

Dr. Arvid Viaene
Host and climate economist with a PhD from the University of Chicago, focusing on the economic impacts of climate change. He has researched climate-related mortality and advised the European Commission on climate policy.

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Talking Points

Recent interactions between the hosts and their guests.

# 13 Dr. Reed Walker – Estimating the Marginal Costs and Benefits of U.S. Air Pollution Regulations
Q: How did people react to your findings when presenting the paper? Were they surprised?
Many found the results interesting; it provided a useful estimate of compliance costs on the margin and showed that despite past improvements, the benefits of further reductions remain strong.
# 13 Dr. Reed Walker – Estimating the Marginal Costs and Benefits of U.S. Air Pollution Regulations
Q: Can you elaborate on what you found in terms of the marginal costs compared to the marginal benefits of pollution reduction?
We find that in most markets, the marginal abatement cost is much lower than the marginal benefits of reducing pollution, suggesting that there is room for stricter regulation.
# 13 Dr. Reed Walker – Estimating the Marginal Costs and Benefits of U.S. Air Pollution Regulations
Q: Could you give us a quick summary of your paper and what you found in terms of results?
We specifically explore regulation efficiency in the U.S. and find that marginal costs of regulation are considerably lower than marginal benefits, indicating that regulation can be too lenient in most markets, with notable exceptions like Houston.
#8 - Dr Lorenzo Trimarchi - How the 2018 U.S.– China Trade War Increased Air Pollution and CO2 Emissions in China
Q: What were the main findings regarding the retaliatory tariffs from China to the US?
The retaliatory tariffs targeted agricultural products, which had no substantial impact on industrial emissions, contrasting with US tariffs that affected polluted industries.
#8 - Dr Lorenzo Trimarchi - How the 2018 U.S.– China Trade War Increased Air Pollution and CO2 Emissions in China
Q: Why there's a trade-off between growth and air pollution?
The tension between economic growth and environmental regulation leads politicians to prioritize growth during economic shocks, such as the trade war.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About Climate Economics

What is Climate Economics about and what kind of topics does it cover?

The content encompasses in-depth discussions on climate economics and policy, emphasizing the intricate ties between climate change, air pollution, and their regulatory frameworks. Notable subjects include the efficacy of air pollution regulations, the dynamics of cap-and-trade markets, and the impact of climate shocks on voter behavior. Many episodes feature expert guests, including professors and policy analysts, who provide insightful analyses of current climate policies and innovative market solutions aimed at environmental sustainability. Overall, it serves as a valuable resource for professionals engaged in climate economics, policy-making, and research, offering timely and critical perspectives on pressing environmental issues.

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What guests have appeared on Climate Economics?

Recent guests on Climate Economics include:

1. Dr. Matilde Bombardini
2. Reed Walker
3. Joseph Shapiro
4. Professor Jos Delbeke
5. Christa Hasenkopf
6. Kaushik Deb
7. Lorenzo Trimarchi
8. Marian Krüger

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