Articles

  • Oct 15, 2024 | brookings.edu | Catherine Wolfram

    What is the IRA and how will it affect US greenhouse gas emissions? The Inflation Reduction Act, or IRA, is one of President Biden’s signature pieces of legislation. It was a big bill, with provisions on health care costs, drug pricing, and tax enforcement. Perhaps most notably, the law included the most significant steps to address climate change that the federal government has ever taken.

  • Mar 26, 2024 | thehill.com | Kimberly Clausing |Catherine Wolfram

    Trends from the 1990s have made a resurgence in today’s fashion and pop culture. But one unfortunate development from the 1990s stayed with us all along; that of politicians fearing they’ll be “BTUed,” a play on President Bill Clinton’s proposed 1993 “BTU tax,” which was a close cousin to a price on carbon emissions. Democrats in the House voted — some reluctantly — for the tax, which the Senate soundly defeated.

  • Dec 20, 2023 | belfercenter.org | Robert Stavins |Amy Harder |Alvin Powell |Catherine Wolfram

    Harvard Faculty, Fellows, Staff, and Students Oil, Sovereign Wealth Funds, and Crises: The Political Economy the Middle East Dr. Ziad Daoud, MEI Senior Fellow and Chief Emerging Markets Economist for Bloomberg, leads a study group examining the political economy of an evolving Middle East. Participants will examine the role that oil has played in shaping the region, and how petrodollars are recycled in the global economy, partly through giant sovereign wealth funds.

  • Dec 15, 2023 | aeaweb.org | Kimberly Clausing |Catherine Wolfram

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  • Oct 18, 2023 | washingtonpost.com | Simon Johnson |Catherine Wolfram

    CommentSaveSimon Johnson, former chief economist at the International Monetary Fund, and Catherine Wolfram, a former deputy assistant secretary for climate and energy economics at the Treasury Department, are professors at MIT’s Sloan School of Management. An unfortunate fact about oil markets is that all petrostates profit from violence — whether they perpetrate it themselves or benefit when other petrostates do.

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