cwolfram.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

Trump is fixated on the US stock market, which is up since he took over. But the Chinese equity markets are up even more. E.g., "year-to-date as of Feb. 14, the MSCI China Index has risen 13.9%, dramatically outperforming the MSCI USA Index’s 4.4% gain." www.invesco.com/us/en/insigh...

submitted 14 hours ago • 0 comments

Looking forward to this!

submitted 16 hours ago • 1 comment

My read is that CBAM charges will apply for goods imported in 2026, but importers won't have to send the checks until 2027. So the policy isn't delayed, just the payments. www.spglobal.com/commodity-in...

submitted 1 day ago • 1 comment

Great REPORT on #EU #CarbonBorderAdjustment “I’ve been studying #ClimatePolicy for about 20 years, and this is the thing that has made me most optimistic.” - @cwolfram.bsky.social @mitsloansusty.bsky.social #ParisAgreement #CarbonPollution

submitted 2 days ago • 0 comments

"Connecticut Asks Congress to ‘Rethink the Jones Act’" https://buff.ly/4bcGc5E

submitted 4 days ago • 2 comments

Wise words from my wise co-author @kclausing.bsky.social: If a candidate announced a tax increase on the poor and middle class to fund a tax cut for the rich, voters would soundly reject that proposal. But tariffs wrap this fiscal switch in a veneer of nationalism. www.nytimes.com/2025/02/21/o...

submitted 6 days ago • 0 comments

More dominoes are falling: Taiwan is talking about implementing a CBAM later this year. The article also mentions that Taiwan imports a third of its cement from Vietnam, so maybe Vietnam will be next? www.taipeitimes.com/News/taiwan/...

submitted 6 days ago • 0 comments

If you're interested in the carbon border adjustment mechanism (CBAM), see below. Sloan did a really nice job capturing the main issues for a non-technical audience. mitsloan.mit.edu/ideas-made-t...

submitted 7 days ago • 0 comments

A little confusing to know where the US is on sanctioning Russia but this sounds like good news. www.bloomberg.com/news/article...

submitted 8 days ago • 1 comment

Amid all the mixed messages on Russia sanctions, one thing is clear: Putin will demand substantial sanctions relief as the price for any deal just as restrictions begin to bite, with new oil restrictions only fully coming into effect at the end of February. www.politico.eu/article/marc...

submitted 10 days ago • 1 comment

I can't wait either!

submitted 14 days ago • 0 comments

I can't find a free version, but I think I get/love the idea: the Canadians should retaliate against Trump tariffs with a CBAM. Maybe Canada could work with other countries on this approach. www.theglobeandmail.com/business/com...

submitted 15 days ago • 3 comments

Out this morning from @eenews.bsky.social. The power of CBAM is real: encouraging other countries to adopt carbon pricing! www.eenews.net/articles/nat....

submitted 16 days ago • 3 comments

Brings to mind this map from Jing Li at Tufts. From 2015, but perhaps still relevant. Hint: Tesla is orange. jingli-econ.github.io/documents/pa...

submitted 20 days ago • 0 comments

Super sensible piece by @edwardfishman.bsky.social. He notes, "We have no doctrines for economic warfare, nor do we have treaties outlining rules and norms" but stops short of recommending those treaties, perhaps bc of Trump's aversion to working with other countries. www.wsj.com/economy/trad...

submitted 22 days ago • 1 comment

"If Washington is putting up a higher fence around its trade, other nations are lowering theirs." This could also be an opportunity for progress on climate, if other countries move towards agreements without the US. www.nytimes.com/2025/02/03/b...

submitted 23 days ago • 0 comments

We need to do a better job linking climate change to the things they do care about. E.g., climate change is massively impacting the economy - just ask people whose home insurance prices have quadrupled recently.

submitted 24 days ago • 0 comments

Fed source to me re: this news: “ten alarm fire”

submitted 27 days ago • 124 comments

Argh... though the lawyers quoted question whether the Trump Administration has the authority to do this. www.nytimes.com/2025/01/30/n...

submitted 27 days ago • 1 comment

Great write up of the immediate impacts of the Jan. 10 sanctions. In sum, global oil prices stable and a large increase in the share of Russia's shadow fleet subject to sanctions. Hopefully, this puts downward pressure on Russian revenues.

submitted 27 days ago • 0 comments

Linking the schemes “would also make it possible to avoid border frictions caused by the EU and UK imposing carbon border adjustment mechanisms (CBAMs), a tax on carbon-intensive imports such as steel, cement and fertiliser.”

submitted 30 days ago • 1 comment

The figure below from EIA blew me away. It suggests that growth in passenger miles from 2- & 3-wheelers (~motorbikes) will be >> than growth in passenger miles in light-duty vehicles (~cars). Question for #energysky: How much fuel is currently consumed globally by motorbikes versus cars?

submitted 30 days ago • 2 comments

1/🚨New chapter in Handbook of Regional & Urban Economics: Spatial Environmental Economics 🌍 How do spatial forces affect the environment? How does enviro shape spatial outcomes? Thread, chapter explore this nascent subfield via stylized acts, models, building blocks for rsrch. w Clare Balboni.

submitted 31 days ago • 3 comments

“Ecological bomb” — Another Russian tanker, this time drifting off the coast of France, raises alarm ▪️A Russian tanker broke down and is drifting in the Bay of Biscay off the coast of France. The ship, named Unity,lost power in stormy conditions on January 23,according to the publication Splash247

submitted 33 days ago • 78 comments

What about also making the fossil fuel companies pay for the ongoing harm their products are causing? That's what a carbon price would help do.

submitted 34 days ago • 0 comments

Just came across this - wholly sensible. Both @parisastry.bsky.social and Ishita Sen are worth paying attention to!

submitted 38 days ago • 1 comment

Thanks to @michaeldbauer.bsky.social and everyone else at the SFFed for inviting me - always happy to talk CBAM!

submitted 41 days ago • 0 comments

Lots of interesting ideas in this: tiered carbon pricing to recognize differentiated responsibilities, pairing carbon pricing with climate finance and technology sharing, ideas on how to build to a multilateral approach. www.weforum.org/stories/2025...

submitted 42 days ago • 0 comments

A good overview overview of the 'likely first moves' the new Trump Administration on climate and energy, including: withdrawing from the Paris Agreement (again); lifting the moratorium on new LNG export permits; and ending new offshore wind power developments, & more! www.reuters.com/business/ene...

submitted 44 days ago • 1 comment

Come hear about carbon border adjustment mechanisms (CBAMs)! I predict/hope we'll all be talking about them more in 2025.

submitted 44 days ago • 0 comments

Yes, so true!

submitted 46 days ago • 0 comments