Season 1, Episode 28

Michael Greenstone on Economics and Environmental Policy

On this episode of Free Range, University of Chicago director of the Energy Policy Institute and Freedman Distinguished Service Professor in Economics Michael Greenstone speaks about policy development on environmental issues.  Livermore and Greenstone discuss the Inflation Reductions Act, energy prices and politics, carbon pricing, changing political views on climate change, the affordability of renewable energy, and more.

Episode is an appropriate teaching tool for but not limited to the following topics & courses: environmental economics, environmental policy

Discussion Questions

  • What are some of the advantages of carbon pricing and how does it affect consumers differently than rising fuel prices do?
  • What is the effect of clean energy becoming more affordable in recent years?
  • Why is the social cost of carbon incorporate to consider in the development of environmental policy?

Additional Readings

  • Environmental Economics: A Very Short Introduction (2011)