MIT Professor/CS3 faculty affiliate Catherine Wolfram wrote: "A report that I co-authored with colleagues from the Global Climate Policy Project at Harvard and MIT shows that a coalition of countries pricing carbon in heavy industries could generate billions of dollars in revenue, while also meaningfully reducing global emissions." (Project Syndicate)
Congress has directed the U.S. Department of Energy to study the carbon intensity of certain industrial products exported to the European Union. If the Trump administration succeeds in scuttling greenhouse gas reporting requirements, the new study "would potentially be a good way to replace the types of data that were collected under that program," said MIT Professor/CS3 faculty affiliate Catherine Wolfram. (Bloomberg)
Venezuela's oil and gas assets have a methane intensity of about 2,100 grams per gigajoule, while intensity from most other countries is below 100 g/GJ, according to MIT Professor/CS3 faculty affiliate Catherine Wolfram. Wolfram said most of these emissions could be reduced if the gas were properly captured or flared, but cautioned that Venezuela lacks the regulatory oversight and investment needed to implement relatively straightforward mitigation measures. (MarketWatch)
Inspired and informed by a Global Climate Policy Project (GCPP) at Harvard and MIT report spearheaded by MIT Professor/CS3 faculty affiliate Catherine Wolfram, leaders from 20 countries and the European Union eventually signed on to a new Open Coalition for Compliance Carbon Markets (MIT Climate Policy Center) (Coverage: E&E News)
The cost of climate policy action may already be less than household costs of climate change, which will likely increase in years to come, finds study co-authored by MIT Professor/CS3-affiliate Catherine Wolfram (Brookings) (Coverage: Heatmap)
MIT Professor/CS3 faculty affiliate Catherine Wolfram observes that the Brazilian proposal represents a practical advance in the creation of a global carbon pricing structure (Times Brazil) (Related: MIT Sloan School of Management)
Insights from energy economist Catherine Wolfram, an MIT Sloan School of Management professor and CS3 faculty affiliate (MIT Climate Policy Center)
